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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

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... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Naked short selling
View:
Post by WeedTheNorth on Aug 16, 2021 3:02pm

Naked short selling

Call me names, it doesn't matter. To ignore the Yin and Yang of the short-long market going on right now is risky. You do you, I always do me the way I want. GL all longs
Comment by YodaLayhehoo on Aug 16, 2021 5:58pm
The stock is falling because there's no catalyst in sight and these companies trade on hype alone not fundamentals. Canopy has been scaling down selling assets for a fraction of what they paid for them. That is not how you build shareholder value. They don't have any earnings to share with their stakeholders. Their losses are so bad that they've almost blown through 5 billion dollars ...more  
Comment by WeedTheNorth on Aug 16, 2021 6:58pm
You're right why wouldn't someone buy the US companies like 100% acreage and 20% Terrascend, just like Canopy...
Comment by OptGreen on Aug 16, 2021 7:17pm
Agreed Yod based on the historical, which is why the changes in management and direction of the company ...STZ just started to weigh in and grab the reins while CGC is just begining to take market share stateside. Klein is taking CGC from losses of ~$600k/yr to realizing profit within months, in the back half of FY2021, which is hardly weak and feckless...maybe let's see them get started and ...more  
Comment by WestCoast78 on Aug 16, 2021 9:07pm
Pretty clear now, we, and cannabis, will be manipulated until they run out, or they think all retail that will sell, sold. I'll admit im surprised by the speed and intensity.  Its almost like they are getting  it as low as possible, to load up for the obvious long, (long) rally that comes next. Some dork I have on block mentioned no catalysts.  In case anyone missed it, Schumer ...more  
Comment by yp01048 on Aug 19, 2021 2:04pm
I believe it's September 1st.  Not sure what happens after that. This selling certainly has been brutal.
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