BYE BYE…..IM DONE !!!! To say that Investors are upset with Canopy Growth is a gross understatement.
Watching this stock fall from $54.00 when Bruce Linton left to $14.00 is embarrassing.
I made a substantial amount of money with Canopy Growth and was smart enough to sell when Bruce departed but unfortunately not smart enough to stay away around the $22.00 mark. Thank god I only invested a portion of my overall profits
The problem I have now is I don't see a bright side moving forward. The "delayed" profitability only screams further reduction in the SP.
IMO.... Canopy is headed for single digits and it's going to be a long long battle uphill for some time.
I have lost ALL faith and confidence in this Company since the departure of Bruce Linton and I'm officially DONE. My bad for thinking a $22.00 buy was a good deal. This SP won't be seen again for a considerable time period
Good luck to everyone and please stay safe.
I'm out..... cheers