Post by
marf49 on Jun 30, 2022 9:43am
Canopy getting wacked this morning
When you take, the other Canopy who was worth over $40 last year and today they're below 3.70, they were financed by deep pockets then and were buying like crazy. Well they had to sell or close of these sites or to maintain them they have to issue more shares thus diluting the share price. This applies to other MJ co. I look at OGI, yes, the share price dropped since last year but did not lose your underwear. LOL
I think OGI is poised to be a leader when things pick up.I should waited another day or 2 to buy OGI, but I may buy a little more ( i have some profit from last buy) But OIL price did go down
Comment by
marf49 on Jun 30, 2022 10:00am
I forgot that markets are closed tomorrow, CAnada day and in Quebec is MOVING DAY I chek the markets at closing
Comment by
marf49 on Jun 30, 2022 11:02am
boought some more at 1.18 hopefully ogi goes back up. OIL is down by 4.38 which is good
Comment by
BiggyG on Jun 30, 2022 11:38am
O/T AC has to be a buy soon?
Comment by
marf49 on Jun 30, 2022 11:50am
under 15. should be a buy, lots of buying opportunity, It may go up a little due to oversold, but I think Arilines have more down to go. 13.xx should be in your portfolio
Comment by
BiggyG on Jun 30, 2022 4:09pm
I agree Marf I am waiting on sub 15, have a great long weekend
Comment by
BiggyG on Jun 30, 2022 10:22am
Big spenders with no fiscal responsibility/boundries, thats why Canopy is honkin on bobo. OGI should come out the other end much healthier and stronger IMO. When it will happen is a mystery right now. None of whats going on is the Co.s fault. I still have my underwear lol