Post by
mrmomo on May 19, 2022 11:36pm
Reply to Homestretch4me
Homestretch4me wrote:
"Here's the flaw with your thinking and I only have to point out one flaw in your thesis and that negates everything else you say."
You see, this is the problem most unsuspecting investors like yourself are having trouble dealing with. This is NO thesis, it's all fact. The only flaw here is on the other side, ones failure to see where this is eventually headed to. I only state facts, nothing less & nothing more.
"You mentioned both insolvency and 50% dilution. So let me get this straight, you think canopy is close to insolvency or a major dilution event. That makes zero sense."
Why would this "make zero sense" as you say? Because you falsely believe that they have so many gazillions in the bank they can't possibly fail? And yes, as previously stated, by my estimations based on the facts, they will be insolvent by years end IF things stay on the current path. So to avoid insolvency there must be a way out, no matter how unappealing it might be, and this is usually some massive dilutive event in some fashion. So yes you can have both events, one being an avoidance or consequence of the other.
"Why would canopy or any company for that matter make a huge purchase a week or two before you think they're going to release either insolvency or dilution news."
Think about it really. If you know that there's going to be a major re-organization in the company & your stock price might get cut in half, why not take advantage of the little leverage you have left in your stock and try to increase sales/revenue inorganically by some purchase through equity issuance. Remember, this most recent purchase was mostly done with stock not cash. What you need to realize is this, they don't want to go BK or be insolvent, they want to avoid those faiths. But you can only avoid if you make some serious changes to your current path. Btw, i didnt say they would be insolvent in two weeks, but by years end at the current rates.
"You and Starcrapper are two of the dumbest day Traders I've ever seen."
3 very crucial pointsi want to make on here. One, if you would have done your due diligence on me properly, you would have come to the obvious conclusion & known that i'm no short trem trader. Two, as i don't know starsearcher personally, one thing i do know, like me, he's been completely right on Weed for at least one year if not more. So it's kind of tough, stupid & ignorant to keep criticizing someone for being right for so long. Three, and this one's very important, re-read what i said, get more informed on your investments and do some better research overall before you actually make it 0 for 3 and you strike out completely here.
GLTA
Comment by
Dmiiek001 on May 20, 2022 12:17am
Thank you for that excellent post
Comment by
CatchOfTheDay on May 20, 2022 1:44am
People are hearing Soup Du Jour is making false claims about the CatchofTheDay!
Comment by
SoupDuJour on May 20, 2022 1:48am
Yo! Tomorrow afternoon we're settling this outside! Soup of the Day
Comment by
WordPerfect on May 20, 2022 2:22am
A cook off between SoupDuJour & CatchOfTheDay?? Or Chess match?? Word Perfect WP now (MS DOS 5.0)
Comment by
StateOfTheArt on May 20, 2022 3:36am
SoupDuJour & CatchOfTheDay IDIOTS! HiFi
Comment by
TheGrapeOne on May 20, 2022 8:51am
Starcrapper your new nick name is just as sad as your old nick name Trying to pass of mear mongering as facts is just sad You have no proof to back up any of your "facts" You are a sad paid troll