RE:RE:RE:RE:Investments of CanopyTimMcCracken wrote: TechnicallyHigh wrote: Tim - I think you underestimate the recency bias in investors minds who may be considering adding.
Remember - this only goes up when people decide to BUY MORE. If they are not invested, does the news of APH give them more or less confidence in making a new investment in any cannabis stock? Does it delay their intent to buy so they conduct more due diligence.
Real investors arent jokers like the people on this board. They do homework and call executives and visit facilities before putting down real money - if i need to go through all of Canopies transactions to ensure they arent in the same situation, I will.
Looking at this event through the eyes of the people on this board is your first mistake.
Fair enough/ good points Bonjour.
APH looks cheap right now at $1.5 billion MC, given how expensive this market is.
However, with the current management at the helm I am not one bit interested even if the price was $1/ share.
Regardless of whether these allegations are true or not the perception is out there and it will be hard to dismiss.
In order to save the share price, the captain (Vic) will have to step down ... and if he cares for his shareholders well being, it should happen soon.
I dont disagree - APHA is also a great short candidate.. but koolaid drinking sychophants (similar to some Canopy holders) will start buying trying to support the stock. The scummiest of the scum will try to move as much instituitional money into the hands of bag holders as they can they drop it. Cormark and whoever need to start getting their better investors out of this mess.
its Eight Capital all over again. Better to short at $8 though.