RE:RE:RE:FRIGGING BOMBSHELL ON CANOPYI am asking a favour of all the longs on here. Please remember Starcrappers posts during this time when he does not hold the stock. 9 months from now when Canopy's shareprice is much higher and this cockroach is still here but now he's telling you how good the company and the stock is, remember that he used a worthless short attack report claiming that Canopy's share value is $1 to try and get you to sell.
I forgive all of you that are engaging him and helping to build his credibility but remember the saying," Fool me once shame on you. Fool me twice shame on me." I'm pretty sure this cockroach has pulled this routine more than once But this is the last straw for me and I will call him out every chance I get. It will get a lot more fun once canopy share price starts to move up. When that happens this cockroach will crawl back under the Rock from where he came and disappear Just like he's done every other time he's been wrong. Unlike the rest of us, he only shows up when the stock movement matches his narrative.
Starsearcher80 wrote: For your sake and all shareholders, I hope you are right. And I wish I could say that I think you are are right, but that isn't possible right now, hence my "Skeletons In The Closet" post in the first place. The market sentiment too is dicey right now, with an attitude of taking companies and shooting them first, with questions only following after.
The week will be an intersting one for sure. Best wishes.
Kiluminati1984 wrote: Seriously?
As soon as i read this i knew #fakenews
Given continued cash burn, mounting liabilities and Constellation’s increasing influence at the Company, we expect Canopy Growth to pursue a Constellation-backed DIP financing within the next 150 days. We value Canopy Growth at $1/share.
For one, CGC does not need "DIP" financing. They have well over 2 BILLION Dollars. US.
It especially does not need DIP financing in the next 150 days....
Debtor-in-possession financing or DIP financing is a special form of financing provided for companies in financial distress, typically during restructuring under corporate bankruptcy law (such as Chapter 11 bankruptcy in the US or CCAA in Canada)
2nd, and most pathetic of all, a dollar a share? Really? REALLY??
C'mon what a complete sham.