RE:RE:predictions Too funny! I am picturing Gomer Pyle, or perhaps Krusty the Clown saying "I expect the share price to fall below $22.78 today." Green. To be honest, I would have been fine with a small percent or so red after yesterday's run. But it is good to be green. I am not sure what is going to make this weekend more enjoyable...having made $1290 on a short term (four day) trade or knowing ghostinthewrong missed it. Two for two. Did the same only better with Tilray last week. I've had enough of these clowns parading their candlesticks around the room and stirring up FUD. You had your day. I truly hope folks ignored this guy's advice yesterday; dead wrong. I did the exact opposite as he suggested on Tilray and now again with Canopy...and I am far richer for it! Good weekend longs.
Ghostinthedark wrote: Based on what I've read on Zacks, earnings have been revised by 7% lower in the past 30 days.
Zacks also recommends "sell."
I have seen the runup on so many stocks just before earnings, and then a dump on earnings that disappoint.
I expect the share price to fall below today's low of $22.78...
If I am right----I can see CGC dropping to $19.78 in the next few weeks..
But, WTF do I know. Just doing my Due Diligence.
So, I am all cash on CGC, waiting to buy in lower.