For the New Investors
Just to give you a heads up. The short position has been increasing as we near the quarterly report. Make no mistake that Canopy will show a loss and the shorters will use that to try and drive the price down. Good chance they will have some success lowering the price.
So you have some options. You could sell some or all of your holdings and try to time the buyback or you could hold and wait for recovery. There is only one thing that's for sure and that is Canopy's share price will be much higher. It's not a question of if, it's a question of when. God forbid you sell and earnings surprise to the upside because then you are out of the game as the shares will rise faster than any other time. So the only safe play is to hold and ride out whatever happens. My shares are not for sale. I rode down a long way before and am willing to stomach it again if that's the way it goes. Canopy long and strong.