Canopy Growth Corp T.WEED

RE:RE:RE:RE:I just don't think people fully grasp what has happened here

[Buckshot26]

Fair enough, and buyers and sellers are what make the mkt.  good luck.

EdiblesRlife wrote: I agree, it is an awesome deal. I do not doubt management or this company. I doubt the markets exuberance will sustain itself in the next couple weeks. No stock sees green everyday. 

And yes, the deal is not exactly a bought deal, but it is not a takeover either. It is a special interest investment, which does lend a lot of credibility. 

I, like most of you, am long on this company with a lot of money (for me anyways) riding on this. But I am not so foolish as to think this deal somehow gives me a floor. If it was an actual takeover where they were buying my shares or converting them to STZ shares then yes, a floor can exist. But buying shares from treasury (ie. bought deal) does not create a floor for the share price. 

55orbust wrote: Wow and I gave you some credibility. Every other bought deal was exercised at a discount to the posted stock price. This bought deal for 5 billion I repeat 5 billion was done at a 51% premium to the share price. This is not a bought deal my foolish friend. This is a confirmation. This is a Prelude to a takeover and this is a guarantee that canopy will be the number one cannabis company moving forward. Don't compare this to a 100 million or 200 million dollar bought deal. Those deals are a joke, and absolute joke compared to what just happened here And as I say 5 billion, I should say 10 billion when this deal plays out in its entirety. It is you sir who are under estimating what this deal actually means going forward. I think this deal might be too big for some people to understand.

EdiblesRlife wrote: You think the markets are rational? Also, the CB deal is essentially a bought deal at $48. Look at all other bought deals in the past 3 months in this sector. Most are trading below the BD price. For example, Aphria - $11.85, Canntrust - $9. Just to name two, and even after this insane past week those two still aren't at the bought deal financing. Meaning, you can still get in on those companies for under what "the big guys" buy in at.
Just cuz CB bought in at $48 doesn't mean that now the floor is $48. This is just a BD, shares in exchange for money. 
The only difference is the size and the purchaser is a special interest purchaser not just a large institutional investor.
So, obviously not exactly comparable, but to say this is going much much higher based on the $48 BD price, doesn't mean too much

Buckshot26 wrote: Essentially half of canopy was just capitalized at $48+.  This is as i said the other day a new company really being run by CB and capitalized at $48.  The fact that we actually traded in the high 30's low 40's for two days in mind boggling to me.  When do retail etc get a better price in than the big guys.  When do "the big guys" come in with the IP of a $40B juggernaut?  

Canopy is now the official Proxy trade of any positive developments for mj around the globe.  This is the new ground floor.  People waiting on some major correction are going to be extrememly dissapointed.

We're going higher, much much higher.