RE:RE:RE:RE:RE:RE:RE:RE:CGC is on the cusp of finally entering its hypergrowth PhaseWeedTheNorth wrote: To summarize your post, the indexes are at all time highs and that means individual stock CGC must be near a high too. And they have competition... pretty fact heavy post you put together
Does the fact that the average S&P stock has a short interest of 1.6% of float vs. Canopy who was at 15.97% as of November 13 permeate your massive brain?
https://www.isabelnet.com/median-sp-500-stock-short-interest-as-of-market-capitalization/
What about the fact that legal cannabis' TAM (Total Addressable Market, if your not familiar) is going to change from 38 Million citizens in Canada to 164 Million in Canada and Mexico by December 15. Yes, we aren't sure how NAFTA partners will be able to participate but thats the game, and none of Canopy's competition is backed by a Mexican beer distributor.
And none of this even addresses the outside chance that the US decriminalizes or at least changes their banking rules.
Stick with your dreams for all I care, but you don't know much about this sector, your pinning for sub 30 CAD shares proves that. Enjoy your story of what could have been.
Don't even try to look smart. How d4mb can you be to make such a comparison. There are even people who will take this guy seriously, thumbing each other up with also another account. Wow, some millions more citizens will get access to cannabis, so we should buy an overpriced company, your company, your obsession. Listen you id!ot! What will it bring in the next quarter result of CGC, and the others? You are an insult to the human intelligence.