RE:sell... and then what?
A very good post to remind those thinking of flipping shares. Sure some of you will make some $. But some of you will lose $ as well. The holders will just plod along, not risk any shares and wait for the industry to catch up to the realities of Canopy's dominance.
For example, Cannacord just raised the $WEED to 11.00. Yet was re-itterating their 9.50 target over and over and the stock rose, until the BC Tweed news broke. Did anyone here think Canopy was done expanding? Does anyone here think there is political risks still with rec? Anyone that has truely followed Canopy knows this wasnt the case.
I cant wait for the Germany news to drop, and all the PT get raised again AFTER the fact. They will swoon on all the potential for expanding in a country selling $25 grams covered by insurance. I for one am pretty comfortable investing in this company, KNOWING it will happen.