RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Just some food for thought He never said they are immune to it. But what leads you to believe that CGC is going belly up? Gimme some facts. He gave the facts of future potential with medical and recreational revenues. You gave an example of a company you that is basically nortel. Gimme a company you invest in and I'll compare them to a DOS based computer, without a shred of evidence that it's true. Cause that's all you ever say. You use current revenue as a crutch in every argument. When in fact. You wouldn't be here at all if you didn't believe there was money to be made. How much time do you spend trolling the my little pony message forums? I'll bet none. Cause you have no interest or it gives no benifit to you. You come here with doom and gloom to make money. That's fine. 100s of millions of dollars are against you. I'll bet with those guys, as I'm sure they actually have facts and not just gibberish.
brentkosta wrote: YodaLayhehoo wrote:
Agreed, I've had some battles With Brent aka Greedyshyster. Doesn't bother me. I know what I'm invested in. I don't expect those revenue numbers to show up for a few years. Why would all these companies be building out capacity for 50,000 - 100,000 kg's of production, 300 million - 750 million revenue for no reason. I don't know MT that we'll but Canopy before the deal in 2017 is set to hit around 60,000 kg's. I expect to see 2 more facilities coming before 2018. They'll have the capacity and the market is there so why not.
Here's valeant for you Brent from Google finance. Couldn't be bothered to go to sedar.
EPS : - 8.57 Outstanding shares: 341 million Market cap: 7 billion Net loss yearly: 2.9 billion ?
If these numbers are true who in their right mind would have invested in Valeant. They still have a 5x higher market cap than Canopy and 2 years ago traded at $300 per share lol. Losing 2.9 billion per year. Either google finance is wrong or I don't know what happened here either way bad example for you
A 7 billion company that sells drugs losing billions or Canopy at a billion .5 that stands to make 100's of millions?
Bad example for me? Im clearly showing you that once a "cant lose" stock has been beaten up so bad that its virtiually crushed investors who are much brighter than us.
I think its important to see that CGC could become Phillip Morris or it also could become VALEANT. Especially with the fiscally irresponsible actions management has taken thus far.
If you want to count your money already, by all means. But some of the best and brightest stocks in the world went belly up, its ingorant to think CGC is immune to it.