TimMcCracken wrote: Peyton wrote: I'd like to say a big thanks too all the reputable posters that have came along after the the $2.00-$3.00 trading range. We have lost nearly all the $2.00 longs over the past 6 months. And with the latest constellation injection of 5 billion ($10 Billion total), coming before what was going to be perceived as bad financials, we have lost the remainging few. Since I got in early 2016, as of today, I have never felt more safe and comfortable with my investment. Our board has lost a tremendous amount of reputable and solid Canopy Longs, such as DoobieBaby, CDN Stockgirl, and so many other greats.
Its nice too see some of the ones who have came along after and got in for the same reason I did and kept their conviction and beliefs of where this company is going. This has nothing to do with Canada, this has everything to do with Global Domination. IP created by Canopy here in Canada, is going to be used around the globe and bring this company into the Fortune 500 club. This is all about Medical Cannabis being the new medicine GLOBALLY.
I'm lookinjg very forward to attending the AGM next month. Looking forward to the 2018 AGM video as well!
Posters like Plant Manager, 55orBust, Freedom55, Buckshot!, lets not take our eye of the true prize and lets continue on this journey together. I know I missed many more...Mayhem has been around for awhile as well, I believe $7. And how could I forget MickEdwards/Original Mick for keeping this board full of life, stupidity, and downright crazy humourous posts about spider monkeys and jaguars with leopard skin pants.
I know I have forgotten many posters.... but I do have 1 big shoutout to TIMMCKRACKEN who hands down is the most SOLID and REPUTABLE poster on this board. Rainbow as well.
Heres to Future Growtrh
Hi Peyton,
Great post and thank you very much for the kind words.
It’s been a wild ride over the years eh.
Today marks almost exactly 3 years since the Dow Jones flash crash on August 24th, 2015.
Pretty much every company plummeted within seconds to only see their stock prices recover by the end of the trading day.
As for Tweed ($TWD) we got hit and dropped down to a low of $1.15/ share. We battled hard to come back that day and finished at $1.51/ share.
With that in mind and a close today of $52.10 implies a total share price return of 4,430%.
That flash crash was 1,093 days ago, so based on the return the share price has appreciated on average 4.05% each day for over an almost 3 year period. That is absolutely incredible and words can not describe how much shareholder wealth that has been created over that period.
This of course did not come at $0 cost to longs as we have been diluted greatly since the early days.
We have been diluted by 560% since those days. What is incredible is the market cap has grown by 17,010% over that time which is remarkable.
That amount of dilution cost longs 12,580%, basically every 1% of dilution has cost longs 22.46%.
But we understood the vision/ opportunity that Bruce and team were chasing and we were proud to support it.
However, without the dilution for means of capital and strategic acquisitions the market cap would not have grown that big.
Plus I do not think any long shareholders have any issues with their return to date.
As I mentioned before compounded is a beautiful thing.
Snoop Dogg is a $2 long as well ... actually $2.59/ share to be precise.
A $2.59 increase in share price is 100% return on his initial investment ... A $2.59 increase in share price on $52.10 is only 4.97% increase today.
Beautiful how it works.
All the best you and the other great people on this board.
Tim