RE:RE:RE:EYES WIDE OPENStarsearcher80 wrote: Yes, I agree with you Dseegs in that there is a sector-wide daily move...in general. but the sector did not must make what most here thought was a major announcement. Only Canopy did. You might be able to expain some away by the sector wide moves, but it still begs the question, that should be answered: "In what way should I re-evaluate, given
that this "good news" made no difference to the stock." Of course there are many forces, micro and macro, that push and pull on any given stock. I try and force myself to constantly re-evaluate continuously at all levels, until such time as my thoughts become reconciled with the reality.
Thanks for asking the good question.
DSEEGS wrote: Starsearcher80 wrote: If you're going to survive in the market, you better have your eyes wide open and NOT have blinders on.
The Quatreau news in the U.S., you would think, "should have" given a healthy boost to the stock. While there was a little mornign flurry courtesy of the traders, the stock faded, and then today fading significantly.
Now, if your eyes are wide open, you have to reconcile why this is happening. Is the news already baked in? Are there other competitors in the space? Is the stock overpriced? These questions and many many more. You WANT to challenge yourself here. There's money on the line.
Now, cue the Clown Car! Homestench? Weed the North?? I know. I know. "To the moon!!!" ;). Oh, wait, that would be AC. Biden just announced all adults in the States will be vaccinated by May, a full two months ahead of the best hoped-for schedule. Can you say border reopening? Ya think that might help AC? Gave it to you on a platter boys, but you're just too dumb to be able to take the blinders off. Personally, I think you should change your tag line to "To the MO........oh, never mind." ;)))
and NOT have blinders on. It is no secret the Canadian Sector tend to move in unison . Albeit some faster than others. But take a look around today, Tilray / Aphria / ACB / Hexo / CRon ect ect all
RED so far .
Why make this a Canopy issue -------- to fit your narrative? .
that this "good news" made no difference to the stock. After the earnings and downgrades we were sliding fast . The Quatreau news yesterday may have mitigated a faster temporary decline into the 30s . IMO that news no question is having a positive effect on the SP.