RE:RE:RE:RE:RE:Canopy's Glaring Weakness So let's see. You ride it down from $70 to $21, and you know what you're talking about?? Of course you do Clown. Of course you do. ;)
OptGreen wrote: You have been barking this useless bullshite forever and you have no clue what you are talking about....all based on you know and you know shite. Based on all the quality bullshite you provide, you create more buys and reassurance for those that own. Losers are even smart enough to bark their shite on the winners...at least you a smart loser on occasion or you wouldn't be here. Keep up the good work, nobody believes a word you say. JMHO...Opt
Starsearcher80 wrote: I've been telling you to sell since I sold at $44.00. But you know that. You also know that I've said that this stock is dead money. Nothing has changed, nor wil it change. There are red flags that continue to be all over this company, particularly on cash flow. But hey, you go on deluding yourself, and enjoy the continued ride down ;)
TheGrapeOne wrote: Just like to be clear here your saying you do not own any CGC or WEED shares at the moment?
You have a history of bashing and then the stock takes off and you claim to have been holding the entire time......
l
Starsearcher80 wrote: This is not only a ticking time bomb, but one that I feel is now imminent. It just can't be ignored. Canopy's hail Mary was legalization in the States, and that is just NOT going to happen in the next few years.
That leaves Canopy in a VERY difficult position.
Savage97 wrote: In its recent fiscal Q4 financial results, Canopy reported a CA$1.3 billion net loss for the quarter. That's a staggering amount for a company whose market cap is about CA$8.7 billion. Nor is this the first time that Canopy has reported a billion-dollar-plus loss. Back in August 2019, the company shed CA$1.2 billion during its fiscal first quarter. During its recent fiscal fourth quarter, Canopy reported a massive CA$2 billion in goodwill on its balance sheet. That's more than Canopy has in total cash reserves at the moment. While it's uncertain exactly when (or even if) the company will end up having to make a goodwill adjustment in the future, that CA$2 billion is a potential ticking time bomb that could result in further losses down the road.