Food for thought
The cockroaches on this board will tell you it's going to drop because it has after every big run-up. It might pull back, the cockroaches might be right. But something else has always happened after a big tun-up........another big run-up. Should you sell hoping for a pull back? I dont think it's worth the risk. Think of it this way. If you tried to time the market every single time there was a run-up would you get it tight 100% of the time? Absolutely not. There are countless sad stories on here about people trying to time the top.....see starsearcher and birdshitter. There are many more that were long and are now on the outside looking in. The only investors in Canopy that have been right 100% of the time are the true long investors. We dont sweat the day to day or week to week movements because we know where this stock is going eventually. These cockroaches have been telling us longs to sell all the way from the beginning to now. When I bought in at $8,04 there were cockroaches saying to sell then. Can you imagine if I listened to these fools. This stock will have an original share price somewhere between $250-$300 in the next 3 to 5 years. This is a certainty. I say original share price as I am anticipating a 3 for 1 stock split to occur very soon. Remember only the true longs have been right 100% of the time. Sure a 4 to $5 swing trade sounds pretty sexy but remember these guys are like gamblers and they will only tell you about the wins not the losses. Unless they're a stand up guy like Mayhem and can admit when they made a mistake. I haven't sold one share since my original purchase but have added to my position. I am here until March 2024 when I turn 55 and can access my Lira. Then I will take my 6 to 8 million dollars and live the good life. The only way I sell earlier is if I start to disagree with the moves that canopy makes. If that ever happens you will know five minutes after I make that decision. Good luck to all the longs.