RE:just in for discussion My personal opinion is on the contrary: WEED is severally undervalued at this very time and space.
https://www.marketwired.com/press-release/canopy-growth-corporation-announces-60-million-bought-deal-financing-tsx-cgc-2180574.htm
5th of December that is TWO month ago, bought deal at $10.60, so 60 millions dollars says WEED is worth a lot more than $10.60... I value that opinion.
you will also notice that the spread is getting thinner and thinner and that shares are being gobbled up at an accelerated pace...no more 10% difference in a day...now we are seeing 1-2%....coincidence? I think not.
This baby will jump anytime...don't try to predict it...could be a day, a week, a month...who cares..
buy, hold, repeat, and above all...relax
anytimefitness1 wrote: This companies evaluation is extremely high, i feel like there are to many ppl who have shares in the 9$ plus range, probably alot sitting at 13 and 14$ ++ but can't sell b.c. they would loose to much. This stock got inflated, i'm not saying its going to drop, but the company makes no money to be valued at a billion dollars. I don't see this stock shooting past the 14 15$ mark until the legalization is complete. In saying that, this is a company worth investing in but its over valued at the moment and tough to make money on this guy like you could of in sept, when it was a 3$