RE:Feeling the FUDRight here in the boat with you. We can clearly the shorts, shorting more. Approx 75 million shares short right now, at this pace, it'll be 80m by friday. They are outta control, pure insanity.
Depiste whatever the hired trolls say, canopy does NOT need to raise money. 2B is lots of cash
Every Q the losses are decreasing $ 64m last Q.
We are all for the jackpot, usa thc (and that includes Constellation Brands) they are in for $5 billion right now.
The disfunction in Washington is giving them the courage to keep shorting more, I think its as simple as that.
The wild card move, at any moment, canopy can delist, move to the CSE, enter USA THC with 2B to spend. Canopy, constellation, acreage, terrascend with gage now (assuming gage shareholders approve the deal). This is a well calculated very elaborate domino board set up that's ready to go. One last hurdle and its go time.
HODL
Double wild card, this lands on the radar of Wall Street bets.
Buy low, sell high, not one share for the shorts for me. I'll just nibbling some buys at these prices.
yp01048 wrote: Let me start off by saying I'm not a basher by any means! I am heavily invested in cannabis stocks with my largest position being weed.I just hate seeing CGC at this price.
I don't have all the time in the world like some investors here. I do need the funds, but will not take a loss. It just sucks so much seeing this price.
Definitely feeling the FUD seeing this price. Despite how many posters here attribute this decline to short selling and naked shorting, I'm just not savvy enough to understand the complexities of it all. All I see is red everyday and it sucks.
I especially like reading the reputable posters like WTN, west, homestretch etc etc. I have those other idiots on ignore.
hoping for new ath sooner than later.