Deals can fall through for any number of reasons. And in this case, a failure would mean that we are back to where we started —looking at 40% share dilution. Commonwealth has become a coin-flip investment with very unappealing odds. Heads, you win a little. Tails, you might lose 40% or more. This isn’t investing; it’s gambling. And with terrible, risk-seeking odds. As a result, I sold Commonwealth in my Covestor portfolio.
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