RE:Something is up!Ok, you Clowns want to suggest that this is just some sector-wide issue, and that Canopy is tracking the sector.
CANOPY IS NOT TRACKING THE SECTOR.
Just take the past year. Canopy is now down about 94% from the high. The sector as a whole is off about 60%. Now Clowns, how would you like to account for the difference?
Secondly, not even HORIZONS ETF believes in Canopy, although they do hold it. You would think the "biggest/best company out there", as you like to suggest, wouldd be a MAJOR holding of theirs? Ok, Here's their TOP holdings and the percentages.
Canopy only comes in at 8.7%...hardly a vote of confidence in this ohhh so special unicorn company.
So stop saying things that AREN'T true Clowns. You create your own narrative with NO facts to back it up. Again, hear this clearly.
CANOPY IS FAR FAR FAR WORSE THAN THE SECTOR AVERAGE. trader53 wrote: Over the last week I have seen and heard numerous talking points on the longterm negative effects of pot. The question here is why is this false flag being raised at this point? Is legalization in the US at risk? The pullback in this sector is real but what is unknown is this a buying opportunity or a chance to sell at a loss and preserve capital? GLTA