RE:RE:RE:Keep the important stuff in viewThere are games afoot in the Sector, mostly by under-handed hedge funds IMHO who are circulating negative press whenever they can and over-looking the positives. Canopy Growth beat street estimates and I seen one (maybe two) articles that came out on the subject, everything else is trying to set the narrative to the negative.
Canopy improved their products, increased their sales and paid down debt in a big way. These points are being overlooked by the masses IMHO as many do not bother to look closely at a company until it actually starts trending up over an extended period of time and then they simply buy "because it's going up" (brillant).
Companies that are progressing and that are trading cheap are hard to find and many investors right now are sitting on stocks in other sectors and those sectors have likely topped out with little to no room for further growth in the short to medium term. IMHO those in other sectors (outside of Cannabis) should be starting to consider "where to go next" for stocks that actually have a great deal of runway for future gains.
Considering how high these shares once traded for and how popular Canopy was in the last major rally, I think it would be nuts to pass over the opportunity to research this one and consider something of position on it.
jmho / dyodd
Q
PS: Research "DOJ / SEC short-seller investigation" you may be pleased to read up on how the white-collar criminals are being tracked down.