Canopy Growth Corp T.WEED

Alternate Symbol(s): T.WEED.DB | CGC

Healthcare Cannabis

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.

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Canopy Growth Corp > Massive short attacks are a double-edge sword

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Comment by Homestretch4meon Jun 04, 2021 4:49pm

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Post# 33334489

RE:RE:Massive short attacks are a double-edge sword

.......Yawn

Starsearcher80 wrote: I don't think this is a short attack. It's been too long and to pervasive, rather than some hard hitting attack. Yes, there are examples where the shorts are wrong, but they are more often right. Tesla, they were certainly wrong, multiple times. The problem is, Tesla also became a meme stock, so it's hard to value and prone to wild swings.

As it applies to Canopy, the short position is clearly in control right now. It's a dirty dirty game, but with no positive upside on the near horizon, it's easy to crush the stock down, which only makes dillution even more costly to the company, which will push the share price down further.

While I'm not short, I can totally see why the shorts are feeling pretty good here, so much so that they are continuing to increase their position.

PlantManager013 wrote: Just to weigh in on the debate.

Tesla has burned a lot of cocky shorts. It can happen again.