Canopy Growth Corp T.WEED

Your mistake was to try and get sound logical comments

[Keeler]

from some one who doesnt understand the investment sector.

I agree Broker, that what quinlash posted - followed by more of the same below is nonsensical. 

So, instead of misqouting Buffet and using 'big words' - like FUD, how about that the reality that actually passage of re-scheduling may not occur until early 2025 by the time all the reveiws and comment epriods and deep thinking processes have occured.

The entire cannabis sector is down - quite likely for the simple fact that investors are taking their profit now to invest in otehr sectors - knowing that there'll likely be ample opportunity to re-invest in cannabis later - at a lower entry price. 

The 'FUD' is nonsense

Comment by quinlashon May 07, 2024 1:11pm

100 Views 

Post# 36027107

RE:RE:RE:Share price

BrokerG wrote:Thank you Q for proving my point. It was all nonsense as you mentioned. Then why did we get clobbered yesterday, with no rebound today? That is all I am asking

Warren Buffett likely provided the best (and shortest) way to explain how the stockmarket works which I have ever seen.  His quote is something like "the stock market is driven by Fear and Greed". 

Yesterday we likely did not have a whole ton of support on the shareprice when the FUD piece came out.  The FUD (unchecked by traders) likely resulted in some selling and then others shorting, both contribute to lower prices in the absense of strong support on the SP.    It is simply human nature to want something as cheap as possible so today's buyers are bidding as low as they think they can while shorts who are looking to cover (buy back shares) are doing the same.

Fear is a dominate emotion vs Greed and Greed only fully kicks in when all the FUD is gone.