Post by
quinlash on Jan 20, 2024 4:59pm
35 Million $$$ Bet on Canopy
...said someone this week through a public placement.
Are they betting on the company improving or not in the future?
I'm not betting with $35 million but I am optimistic the small to modest budget i put on this one will do well in the coming months.
Thinking the qtr report will show further progress in paying down debt. The reduced expenses will improve EPS. The lower share count will also aid EPS. The gross sales will be lower due to Biosteel being gone but the cost of carrying them will be gone and the net difference is a positive.
If you're not researching this one or dislike it then fine, go research something else.
Comment by
quinlash on Jan 20, 2024 5:46pm
"Private" placement, sorry, fat fingered that one
Comment by
panapple42 on Jan 20, 2024 8:38pm
Spinnin wheel spinnin round
Comment by
Donwaan on Jan 21, 2024 6:11pm
What goes up must come down Spinnin' wheel got to go 'round Talkin' 'bout your troubles it's a cryin' sin Ride a painted pony let the spinnin' wheel spin Go Canopy...the show goes on!