RE:RE:RE:THE DIFFERENTIATION OF WEED FROM OTHER LP'S Fair assessment SS80. Hoping to get it right this time.
In 2018, don't remember why but just before Constellation deal I took a significant position in Canopy (not knowing the deal for sure, most likely it was just before ER or something) and boy, it was such a lucky break. Remember that run during Jul -Sep time? I got the full run and it was so so much that got greedy, thought my gain was going to hit million dollars in a week or two and retire early but you know the rest of the story. Every time thought it will bounce back, never did. In the end, it came down to so insignificant that hated to even cash it. That position is still continuing.
This time again I took a significant position moving fund from Tesla around when you did. I had decided to wait until Tesla Cybertruck release as it was supposed to be a big event but changed my mind, took additional big Canopy position instead. Lucky me, since then Tesla is going downward but it was a timely position to Canopy, time will tell, how this time goes.
The reason telling you all this is that there is no guarantee in stock market, no matter what, you know it. That's why I continue to challenge myself as well as others to find out the missing link. I always appreciate opposite views, which challenge my own assumptions as well as shows the what if scenarios. If we all agree with each other assumptions, that's not gonna help anyone.
Anyway, thank you for your insights and continuing assessment. Keep up your good work and good luck!
Starsearcher80 wrote: Well we will see how this plays out MNK. The difference of 6.6% net gain off the lows for ACB and 28% net gain for WEED off the lows IS a noteable difference. Of course it's still early, but then again that's the trick in the market, i.e., recognizing a change...a shift in the wind...before everyone else does. If you focus on these matters after they are already done, then you will always miss the market response.