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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Bullboard Posts
Post by Rebels65on Feb 20, 2020 10:02am
202 Views
Post# 30712429

Looks like the manipulators in chief

Looks like the manipulators in chiefSO FAR have decided to push it up to cash in on the option calls... Looks like their closing in on the 5165 call options at $22.50 U.S ( and the thousands above yesterdays close.... OOPS they just cleared it as of 9.54..

Let's see if they go for the 5097 at $23.00      

Hell they mat get real ambitious and try for the 1786 calls at $23.50 and 4029 at $24...

Now if they really get greedy they'll try for the 16147 calls sitting at $25 U.S   

Now considering a 10% move in either direction on no news is not uncommon, if they push 10% today they'll clear the $24 option putting the $25 options in range for tomorrow..

Now remember shorts use call options to hedge their short stock positions,,Looks like they're doing the rinse and repeat..Suck in new buyers as they cover a portion of their position to raise the price to cover the options,,,Take out a a new short position at the higher levels then short it down again....Rinse and repeat,
Bullboard Posts