AnalysisAfter the crazy week, here are my thoughts for the near future.
1) If this stock had to go down, it would have been afthe the CRAZY WEDNESDAY!
2) Seing Aphria going up on friday is also a good sign. What I mean by that is since day 1, CGC has been always on top of Aphria by his valuation, etc. I can see Aphria moving to the TSX and also announcing their revenues soon, which will be very positive from my stand point.
If Aphria goes up, CGC has no choice but the move in the same direction. So how can you guys predict a drop under 9$ per share when Aphria will be there in a few weeks from now?
3) Looks like the consolidation is around 11-13$ per share as of now. Next run will be interesting to watch. We are up 4$ per share this week! I'll take that jump any week coming.
4) For the nervous and shaky investors (which I can totally understand), you have to remember your long term objective. Who would have said that we would be at 12.60$ mid November 2 months ago? NO ONE.
5) Hold on to your share and the reward will be huge.
Cheers