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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
Comment by Rebels65on Oct 08, 2020 9:14am
91 Views
Post# 31685603

RE:Sick joke is being played

RE:Sick joke is being playedLOU64    I disagree on pretty much everything you say as we all know you're short and love to bash...

However I do agree people are being sucked in right now BUT for different reasons. You believe the stock is going to pretty much zero. I have a LONG perspective and think that this company is going to be extremely successful in the future.

MY perspective is that currently the stock is being manipulated to make a few bucks in the growth stages.
MY THEORY which so far has proven right is that the share prices are being manipulated around the options. I've seen SP rise for no reason to take out call options ( then fall back immediately even further as new short positions were taken at the highs).  I've also seen SP go down for no reason to take out the put options ( then pop back up almost immediately.

Everyone knows options are hedges. You can pretty much tell the direction the stock is going by looking at the options. It's pretty obvious that fund managers are double dipping. Longs and shorts manipulate the SP ( often in 100 share or less lots using high frequency trading) take their profits from the option to increase their real positions..

LIKE YOU I think the current prce movement is  a sucker play.....I'LL find out soon enough if I'm wrong.

Just my oppinion.

Bullboard Posts