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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 > $1 USD... FOMO...
View:
Post by BudFoxx2020 on Sep 11, 2023 9:32am

$1 USD... FOMO...

Easy money.  Fomo trade with stonk potential.  Like I said this is a meme stock now.  The potential here can be crazy.  Just don't get left holding the bag.  Don't sell a Fomo stock until the trend reverse, which will be very easy to spot.  If this turn into a reddit pump, the potential is unlimited, risk is $0.70 cents at worse.  Just my 0.02 cents.  Exactly like I thought would happen.  Cheers all.
Comment by BudFoxx2020on Sep 06, 2023 6:58pm
71 Views 
Post# 35622983

RE:RE:RE:RE:RE:RE:RE:RE:RE:Question

The stock is definitely getting the meme treatment and this is the easiest and fastest way to make money by trading it.  I am looking for a run into $1 USD and depending on the news coming out of the U.S. I will trade accordingly.  I am not even telling people not to buy, I am just posting a trading strategy.  Cheers. 
Comment by BudFoxx2020on Sep 06, 2023 3:55pm
109 Views 
Post# 35622570

RE:Question

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 the mean time take advantage of this pump with money you can afford to risk.  If I am to guess, they will try very hard to run this over $1 USD then another massive pump before the dump.  Thats how I am playing this trade.  Cheers.
Comment by BudFoxx2020on Sep 08, 2023 6:40pm
149 Views 
Post# 35627060

RE:RE:RE:RE:GREAT BACK AND FORTH TODAY

Anyways, like I have said, take advantage of this pump.  They will pump it up to $1 USD like I said when this was still in the 0.60s and 0.70s.  The best thing that can happen here is if this turns into a STONK.  The markets are due for one since Bed, bath and beyond blew up.  It meets all the criteria, rock bottom stock price, bankruptcy looming, loads of debts, big short interest, big volume, etc, etc.  Just be ready to hit that sell button and lock in your profits.  Don't get left holding the bag.  Just do it over and over again, there is going to be many pumps and dumps going forward.   So far the pump is still in going strong but my fingers are ready on the sell button.  Could see some fireworks next week if it breaks $1 USD but it is going to need more fuel, like any news on the legalization front.  Cheers all, see yah monday.
Comment by gladiatoro on Sep 11, 2023 9:38am
Canopy Growth ended Q1 with $571 million in cash and $1 billion in debt. It aims to reduce debt to $437 million by the end of fiscal 2024. But with a cash outflow of $151 million in Q1, Canopy Growth will have to raise additional capital and support its cash burn rates, diluting shareholder wealth in the process Canopy Growth stock remains a high-risk investment due to its weak ...more  
Comment by BudFoxx2020 on Sep 11, 2023 9:45am
I don't understand your reply towards my post.  Isnt that exactly what I have been saying.  It doesn't take a genius to figure this out.  This is a pure pump and dump.  This is why most of my post I warn people agains't the pumptards on these boards.  I hate seeing noobs getting fleeced by not knowing better.  But this is the easiest money you can make ...more  
Comment by gladiatoro on Sep 11, 2023 10:04am
Yes...just be careful....long term this is a DOG ..debt riddled....it's certainly a PUMP and DUMP...get ready to EXIT at anytime before it's too late.
Comment by BudFoxx2020 on Sep 11, 2023 1:33pm
What a beautiful chart and with 156 million shares traded just on the US side.  The charts will continue to trend, just too much buyers.  This is officially stonk and meme status from the volume.  The wild card here is reddit and WSB haven't really joined the party yet and ramp this up.  It is not trending on wsb yet, but chatters are starting to trickle in.  Which ...more  
Comment by goldman777 on Sep 11, 2023 1:41pm
Well said, just hope you get off the bus at the right stop.
Comment by BudFoxx2020 on Sep 12, 2023 10:28am
Here is my 0.02 cents as a trader.  Just keep in mind this stock is up 100% in 2 days, 200% in a week and 300% in a month.  The sector needs a breather.  Ignore all the noises and set your trading targets.  Have a plan.  You will see all kind of idiots and morons and short conspiracies nuts and short squeeze nuts and pumpers and bashers come out the woodwork.  Stick ...more  
Comment by gladiatoro on Sep 12, 2023 10:29am
Just dropped to 2.01....
Comment by Coloradobuff on Sep 12, 2023 11:37am
I'm not a trader but this is sound advice. I respect your fair and balanced comment here. Not the usual Dreck. I agree, you really do have to ignore all the noise. If you are king you think the catalysts and their cleaning up the business will improve the share price. If you are short you keep saying terrible company and that's your agenda. If you are a trader, you probably don't care ...more  
Comment by BudFoxx2020 on Sep 12, 2023 6:07pm
My 0.02 cents as a trader.  Hope some of you made some good money from this trade.  I laid out the exact way to trade this.  It really is not rocket science.  Learn how to filter out the noises.  Like I said many idiots will show up from pumptards to bashers.  Now the pump has subsided the I TOLD YOU so clowns are here.  Lololololol.  Anyways, this ...more  
Comment by Luc1979 on Sep 12, 2023 6:15pm
Do you think it will go up tomorrow or more red?
Comment by BudFoxx2020 on Sep 12, 2023 6:26pm
To be honest it is impossible to make calls and prediction like that.  Lol.  It takes a few day to set up a pattern.  As for tomorrow, you have to see how it trades premarket, how it opens and how it trades in the first 30 mins after the open.  CPI numbers are going to be a big catalyst tomorrow at 8:30 am.  This is why there is absolutely no movement in any stocks after ...more  
Comment by Luc1979 on Sep 12, 2023 6:46pm
It was a gard prefict well for myself iean it started way red then went up fast and high but just refreshing it was going down by 5 cents, i was thinking more of a 1.95$ patern closed. but could the trading hault tho at the start scared people off?
Comment by Weednewbie on Sep 12, 2023 6:55pm
Huh?!?!
Comment by Coloradobuff on Sep 12, 2023 11:06pm
Another great comment. Thanks for sharing. :)
Comment by Ghostinthedark on Sep 12, 2023 7:46pm
SP closed at the bottom. Expect a lower low and lower high.. Support at $1.70... Possible reversal. Watch the charts and learn to read price action...
Comment by Luc1979 on Sep 12, 2023 7:57pm
It may start in red for sure but we saw a picture in first 30 minutes, i was blind to it and greed took over
Comment by BudFoxx2020 on Sep 13, 2023 10:21am
Nothing but sellers this morning.  Like I keep mentioning, the reverse split will happen.  This was strictly a pump and dump play.  The stock will never move higher because of the upcoming Consolidation and the Revere Split.  It will move back to the $1 USD range, many people got bought at $1USD, all those people got to get fleeced as well.  The good thing here is it ...more  
Comment by BuddFoxx2020 on Sep 19, 2023 3:35pm
This post has been removed in accordance with Community Policy
Comment by Doubleeagles on Sep 19, 2023 3:48pm
I see it differently. These institutions have a tremendous opportunity and they have done their research . They are just not going to place that kind of money in a place where they are going to lose. Their investment is going to reap major profit.
Comment by charlie007 on Sep 19, 2023 4:48pm
They might do a RS even if they don't have to because the outstanding share count is so high, and after the RS they can raise more money to get the sp back down lol
Comment by quinlash on Sep 19, 2023 5:14pm
You can use the "Quote" option in the SH menu to see the outstanding shares of Canopy being 540 Million.  You can then check to see what TLRY has, CRON, VFF, ACB and whatever other company you like.  You should come away understanding that Canopy's Sharecount is actually on par or lower than others. As always, it's best to do the research / DYODD 
Comment by BudFoxx2020 on Sep 22, 2023 2:38pm
The board is just getting absolutely absurd.  The promoters here got some serious pull.  They keep deleting my post here and at TLRY and suspending me just for posting my opinion and trying to help the newer investors out.  Anyways, everything I have said already happened.  Please do your DD on some of the posters here, seriously.  They have been pumping blindly for the ...more  
Comment by Oldweed on Sep 22, 2023 3:14pm
Same, apparently "nasal" shorting is profanity? Somebody doesn't like any topic that may round out an opinion. No point opinion posting on this board any more.
Comment by geodcan on Sep 22, 2023 3:31pm
You too, I thought it was only me.  I had one pulled for telling Quinlash to check his ebox. Off topic, apparently even though it had plenty to do with the topic. Must have a preacher or something censoring the posts. Go Canopy!
Comment by BudFoxx2020 on Sep 22, 2023 4:18pm
Lol, I have been deleted and suspended every chance they get and for every reason they have on that list.  But this one takes the cake..    From: CommunityManagement Date: 9/19/2023 11:26:55 AM Subject: Post removed for Human Rights Code Violation Lol, Human Rights.  Lololololol.  Now it is getting ...more  
Comment by geodcan on Sep 22, 2023 4:54pm
Sadly, I don't think the SH censors really have a lot of knowledge about their purpose for being. Their efforts would be better spent on trying to restore some of what was lost like the charting options to pull up sharesplits and the little red H that used to pop up to tell us we were halted. While they are at it they should be trying to post insider, short reports and current news rather ...more  
Comment by quinlash on Sep 22, 2023 5:14pm
About 15 or 20 years ago StockHouse use to actually offer a handy little trading feature that let you manage and track your trading blocks for dollar cost average trading.  It was super handy and I miss it dearly.  Since they took it away I have created a couple of versions of it for myself using Excel but I don't think I ever got one up and running that was a clean as what SH once ...more  
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