RE:RE:THIS MARKET IS ROLLING OVEROh, I'm SO sorry Pwum. Is a fruitful discussion of reality not allowed on this board? Or are well all to blow endless maaired-to-the-stock sunshine about what a great investment this is.
I know. Someone bringing up the truth of the matter to you really hurts. Well suck it up buttercup, and think.....before you lose even more. ;)
InfamousPwum wrote:
shut the fuk up you loser
Starsearcher80 wrote: With the Fed's notes showing they are actively discussing tapering, this extended party in the overall market looks to be officially over. I credit the Fed with their efforts to stabilize the market, and for the most part, it worked. However, it was essentially pouring gas on the fire. Sure, it burns really bright, but it's artificial, only burning that bright with continued gas. The Fed steps off the bas and tapers, the market fire goes out.
The result of the Fe's multi month effort is a VASTLY overheated market, with the bubble showing the first signs of implosion. As it applies to WEED, this will bring the stock down substantially further. To be sure, I think this bubble is so huge, and so dangerous, it will affect all stocks..not just WEED. But with the pots stocks comes a lot of fast money, therefore it is more vulnerable still.
In addition here, Canopy continues to burn through cash, and is going to have to go back to the market to raise more. This dillution will be at further depressed prices, making it even more painful for current shareholders.
This stock remains untouchable imho. See you sub $20, and then some.