RE:RE:RE:Canopy Growth on its way of hitting $100 million OneWhoBlazes wrote: ROFL canapoy is over valued with a current square foot of 700,000 square feet..NOT.. Aurora currently has 90,000 square foot and finishing theyre FIRST 50 k section of theyre sky project end of 2017. If you know how to read it says aurora will not have 800,000 sky build done until 2019!!!!! Some people are hilarious. Keep smoking the good stuff guys... WEED is currently the most undervalued stock in the sector by a huge margin, and will not stay low much longer.. After q3 is released with 50k patients compared to acb 13k patients.. You do the math..
Growth in every company long term no doubt.
GLTA
Aggressively selling In the last two months alone, Canopy insiders have been aggressively selling millions of dollars worth of stock. Bruce Linton, Canopys founder and CEO, disclosed on April 3 he had sold 156,900 shares on March 29 for an average price of $10.74 each. He further sold an additional 193,100 shares at a price of $10.56 on the same day. In short, Canopys CEO sold $3.7 million worth of stock. Thats a lot of money. Linton isnt the only insider unloading shares. John Bell, who is one of Canopys board members, reported five separate transactions on March 30 and March 31, where he unloaded a total of 24,650 shares at prices between $10.36 and $10.55 each. Bell also sold 20,000 shares on March 24 and 70,000 shares between March 14 and March 17. Mark Zekulin, the companys president, has also been an aggressive seller of late. He sold more than 234,000 shares in a week ranging from the end of February to the beginning of March. Timothy Saunders, the companys CFO, sold more than 166,000 shares close to the same time. Christopher Schnarr, a director, sold 150,000 shares on February 27. In total, Canopy insiders have sold more than one million shares since February. That is a lot of money going out the door. One thing investors must remember is many of these shares were issued as stock options. Just about every insider sale in the last few weeks was immediately preceded by a grant of stock options. These folks got their options and immediately liquidated their holdings.