- Joined
- Oct 2, 2017
- Messages
- 8,620
Holding? No. But we're buying it! Buy low sell high, bud.
ALERT: I am trimming 5% of my VFF common today. Macro markets are getting fat. I am still very long and bullish on VFF obviously.
Sold the 5% at 14.95 yesterday, just bought it back at $12.80. Got lucky on the timing.
So VFF announced they did a $135M raise priced at $12.40, thus today's drop. From what I am told it was actually 2x oversubscribed and the banks wanted them to do $270M ( very good thing) and they declined. Another bullish signal on both sides. The LEAPS are looking great today.