35 Million $$$ Bet on Canopy ...said someone this week through a public placement.
Are they betting on the company improving or not in the future?
I'm not betting with $35 million but I am optimistic the small to modest budget i put on this one will do well in the coming months.
Thinking the qtr report will show further progress in paying down debt. The reduced expenses will improve EPS. The lower share count will also aid EPS. The gross sales will be lower due to Biosteel being gone but the cost of carrying them will be gone and the net difference is a positive.
If you're not researching this one or dislike it then fine, go research something else.