RE:Canopy NEGATIVE Earnings jump ship while u can Not sure jumping ship is such a great idea always best to go long. I made a lot of money off of cgc over the years, but I've never held it for long because of that debt equity ratio. Anything over .5 is always a red flag. Book value is dropping as well, in September it was over 70 bucks a share, with a book value of $4.80. Now it's down to $2.58?? Does everybody just trade on rumors, or do people actually know how to read a spreadsheet?
B.E.
very well-run company by people who put everything on the line for their dream. As far as I know the only one that has split. Very low debt-equity ratio, Book value of $0.04 a share after the split, market value of $0.17 still a huge gap but if you add in $0.03 for Goodwill, not such a scary drop.
If you don't understand anything I just said you're in the wrong game.