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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

Comment by Starsearcher80on Aug 18, 2021 4:36pm
142 Views
Post# 33725141

RE:RE:RE:So much for the bullish reversal

RE:RE:RE:So much for the bullish reversal"Move along loser"??  Priceless!  This coming from the Clown who has been married to the stock from $70.00 down to current $22.00. Well down Clown.  Now, as for the definition of loser, look in the mirror, then look at how much WEED has dropped in the past 6 months, then look in the mirror again.  Now THAT is a loser!

Homestretch4me wrote: You have absolutely no idea what is going on here. Move along loser. Go hold your bag over on AC's site.......imbecile.
Starsearcher80 wrote: I see absolutely nothing that suggests this stock will stablilize at current levels. With that, I fully expect this to break back down into the teens.  If the overall market sours, and it is certainly well past due for that, this stock will get clobbered as it tends to attrract faster money, making the continued downhill slide both quicker and more painful.


I maintain that this stock is completely DEAD MONEY.


Ghostinthedark wrote:

just way too much shorting. 

As I have said for 3 weeks, Weed has a major support at $19.4...,a low last October 2020.

In other words, if you are using the buy and hold strategy, you'd break even....

I sure hope people sold at $70, when the was "a blow off top, and a downtrend of 7 months and counting.

Today, weed hit another lower low,

Look for the stock to bottom, trade in a range (accimulation) and a bullish reversal at some point.

Unfortunately, Weed is still a "falling knife." And you cannot catch a falling knife, unless you want to gamble, likely end up a "bag man."

I am still waiting to buy...


 




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