**OFFICIAL** Trading and Investing Thread: Part XVI -- BAG HOLDING EDITION

[RobParks2M]

Looks like it's future price action depends on if CVS makes a bid to pick it up. The article I read said they were considering making a bid, but haven't actually done it at this point.

CVS bought OSH for $39/share. HUM had first right if refusal to buy CANO(which turned CVS off) and from what I’ve gathered they are ready to potentially announce their buyout soonish. I don’t really know what metrics they are using to value cano but if they do it using sales and do similar to OSH/CVS 3x sales value Cano could be bought around it’s going public $10/share price. Obviously it’s a little different because cano has warrants they need to deal with as well so probably lowers buyout price. Still feeling good with the calls I hold.

Other issue is Cano is growing incredibly fast but are running out of cash so they either needed a buyout, borrow, or raise funds via equity offerings. This might lower potential buyout offer if they sense some desperation

[Destor]

If anyone is interested, first ever insight into this central bank's rate decision process via what looks like meeting minutes

https://www.bankofcanada.ca/2023/02/...nuary-25-2023/