RE:RE:RE:THIS MARKET IS ROLLING OVERJust remember there is no prize for continually posting the same BS over and over again on a bullboard of a stock you don't own. Oh wait, yes there is a prize for that........You have won the biggest douchebag medal.....Congratulations. Now here's another banana for you, so run along.
Starsearcher80 wrote: As always Homestench, you have nothing to say and nothing to offer. Enjoy the continued ride down. Just remember, there is no prize for being blindly married to the stock. ;)
Homestretch4me wrote: Yawn...........here's a banana fir you now go play like a good little boy.
Starsearcher80 wrote: With the Fed's notes showing they are actively discussing tapering, this extended party in the overall market looks to be officially over. I credit the Fed with their efforts to stabilize the market, and for the most part, it worked. However, it was essentially pouring gas on the fire. Sure, it burns really bright, but it's artificial, only burning that bright with continued gas. The Fed steps off the bas and tapers, the market fire goes out.
The result of the Fe's multi month effort is a VASTLY overheated market, with the bubble showing the first signs of implosion. As it applies to WEED, this will bring the stock down substantially further. To be sure, I think this bubble is so huge, and so dangerous, it will affect all stocks..not just WEED. But with the pots stocks comes a lot of fast money, therefore it is more vulnerable still.
In addition here, Canopy continues to burn through cash, and is going to have to go back to the market to raise more. This dillution will be at further depressed prices, making it even more painful for current shareholders.
This stock remains untouchable imho. See you sub $20, and then some.