RE:RE:RE:I still love Canopy Growth...Rotaluceps wrote: Homestretch4me wrote: Hey, I don't know you but here is my view on it and take it or leave it.
You and many other longs didn't sell at $70 the first time or at $70 the second time. At first glance, fools like starcrapper and all his other aliases use hindsight to make you feel bad about your decision. But here's the thing. Why didn't you or the other longs sell? It's because you and they know that in 5-10 years that selling at $70 would probably be the biggest financial mistake of their life. It's easy to say with hindsight that it would have been great to sell at $70, rebuy in at the low and sell again at $70 and rebuy again at the low. The problem is that sooner or later when the stock hits $70, it's going to keep going and if you allow these Clowns to make you doubt your own convictions you will miss the generational investment opportunity. Remember that for all this fools trash talk, he missed the first run to $70 by a mile and completely missed the second run to $70. He will definitely miss the big run in to the $100's. There are more people in the world that can say I invested in Amazon and made good money but I sold too early. A small profit vs. Life changing wealth. They got scared, just like clown boy starcrapper.
Just think what Canopy has accomplished so far. In the US, in a short period of time, they have captured the #3 spot in the CBD category and the #6 spot in the sport drink category. They have two acquisitions pending federal permissibility in Acreage and Terrascend and they won't stop there. The reason they are do strong in the US but not in Canada is advertising rules surrounding MJ. In the US you can advertise and in Canada, you can't. There is no way to differentiate your products from others in Canada but Canopy still manages to hold the #1 or #2 marketshare on a consistent basis. Patience and conviction along with the ability to tune out the noise from the trolls is all you need to change your life. Good luck and I hope to see you here when the stock price breaches $300. Have a great day!
St0ckgirl wrote: I do feel like a bonehead for not selling at $70.00 (missed it rwice). When it hits $70.00 next time I will probably hit "$ELL". I wanted to hang on to my shares so I could gift them to my son some day, but we'll have to see about that. It all depends on the price I guess.
CGC position in the US is meaningless since they are losing money. It doesn't mean it wil not be profitable in a few years. I am not willing to lose money like you do because they will eventually be profitable. When CGC will be on their way to deliver, I might invest, and it is not anytime soon. Watchout for the next quarter result.
You see things from your bubble. I sold CGC, well below $70.00, no regret, I made money. I could have waited a few more days if I could have used my computers at any time during the day, but really of life didn't allow me this. It is unlikely that I would have sold near $70.00 anyway because the price was in the pumping area. In case of a severe correction, I couldn't have acted.
No you didn't. Your roll, of troll, was trying convince people all last Fall and until senate flip in early Jan, that canopy was too expensive and will be cheaper.
where's Lou?