RE:Save yourself some painLOL, and who has gven you this fair market valuation? We now have 5 billion in the bank, check Sedar as the documents were uploaded yesterday. It might be a bumpy ride but I can tell you know absolute nothing about investing if you think Canopy is going to 20.
thegreatergold wrote: Guys, have you ever been on the drop zone at wonderland? Just before it goes into free fall there's a short drop at the top.. that's what this has been. There is still a massive amount of down-side before these stocks get to their fair market value. I've been an investor for 10 years now and I can tell you, if it's undervalued, it'll go up and if it's overvalued, over time, it goes down.
Fair market value for these stocks are around $20-$30, maybe less.
Enjoy your gains and be happy you didn't lose more, sell and find the next play. There are plenty out there.
Good luck to all!