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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.


TSX:WEED - Post by User

Post by quinlashon Jul 19, 2023 3:59pm
214 Views
Post# 35548616

Longs can ride out cheap shareprice

Longs can ride out cheap sharepriceIf you buy shares at one price and then the price drops below it you have a few options

1) Ride it out and wait for better days despite how long it takes
2) Average down your price per share by adding more shares to the current position
3) Take a hit and try you luck again later

If you went short on a stock (a bearish negative movement bet) and the price goes up you have the following options

1) Ride it out and wait for lower prices prior to buying back / covering the short
2) Add long shares to the short shares (hedge long in event of increasingly higher prices
3) Wait for a margin call from your broker who REALLY wants you to have one as that is how the broker makes money from shorts (did you really think they plan to lose?)

That's reality, not a pump, not a bash.. it's the reality of trading and rules we have to live by.

GLTA

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