Post by
Starsearcher80 on May 07, 2021 8:51pm
BUT SINCE YOU ASKED...
But since you want other facts, which I've already stated, I'll mention the most important ones again here.
1) There is NOT going to be Federal legalization in a Biden Presidency. Decriminalization at best. That makes this stock DEAD MONEY for possibly years.
2) Canopy's cash burn of $4 BILLION over the past 2 years is atrocious. And for what? Seriously, no one has answered how that was all money well spent. Hell, at least when Bruce spent it, it was fun. The new management blows $4billion...ON WHAT? I see nothing that shows $4billion more worth of value.
3) The shelf filing is a flag. Welcome to future dillution. Now go back to #2 above.
4) Canopy is STILL unwinding Bruce's free-for-all and attempting to redirect in ways that will better serve the company and investors. That this is STILL going on shows how much of a mess there was.
5) You couldn't pay me to be anywhere near this upcoming quarterly. 80% potential of being really bad. 15% chance of being neutral. 5% chance of making it up to "acceptable".
But wait, I've been saying these things ever since selling at $44.00 People hear what they want to hear, and discredit what doesn't fit their narrative. The Clowns do this all the time as they are hopelessly married to the stock. For some reason, beyond me, they forget the main reason you're here at all.
TO MAKE MONEY.
Comment by
Joe455 on May 07, 2021 8:58pm
If there are more votes gained than lost, the dems would legalize incest.
Comment by
WestCoast78 on May 09, 2021 11:26am
Ahhh, alias # 276. Rrriiiiiiiight. Ciao.