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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

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 > Question
View:
Post by bubba9 on Sep 06, 2023 3:27pm

Question

I bought a few shares based on no homework, just pure spec. After doing a bit of research....heavy on the term BIT....I see no fundamental reason for this kind of volume and price jump. Anyone got any, not counting US approval which has been around for awhile.
Comment by quinlash on Sep 06, 2023 3:34pm
There is one topic on stocks that you seldom see covered in articles, or discussed on forums is Short-Covering.  Research how a Long Position Differs from a Short, that will set you on the course of understanding more about the various trade options available on the market but it also opens up a new way to look at opportunities when you know there are shorts on a stock that are required to ...more  
Comment by quinlash on Sep 06, 2023 4:08pm
Well Bud, you could get away with saying that if it wasn't for the fact that all the major Cannabis Stocks have started trending back up again (it's been bumpy but it's there).  This can all be traced back to the re-scheduling news update on Cannabis in the US. This is not just Canopy Growth seeing improving prices on the market. I am going to take it for granted that this has a ...more  
Comment by BudFoxx2020 on Sep 06, 2023 4:17pm
ClownLash, the last person anyone should take advise from is you.  You have been talking about this imaginary short squeeze since share price was over $70+.   Stop your nonsense.  You are a clown that have cause people a lot of money on this board over the last 3 years.  So I would advise people to not take this kid seriously.  Just read his post history, just an ...more  
Comment by BudFoxx2020 on Sep 06, 2023 3:55pm
FOMO.  All about the pump.  This is not an investment but a trade.  Just watch it close and keep your fingers ready at the sell button, greed is running the stock right now because of the cheap share price.  As soon as they announce the reverse split, this stock will tank 20% to 30% before the markets even open, this is how the sheeps will get slaughtered by the pros.  In ...more  
Comment by Oldweed on Sep 06, 2023 4:13pm
Sure Bud your right, greed ran the stock down to .50c, now the correction. Pigs get slautered:)
Comment by Coloradobuff on Sep 06, 2023 4:38pm
I'm back in but also worry about this. 
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