RE:RE:RE:BUT WAIT. IT GETS WORSE
I was thinking about the same thing, Homestretch - these id!ots are screaming that the sky is falling. Meanwhile Canopy has 2 billiin $ in its piggy bank.
We have seen ups and downs with other stocks too.
As far as profitability goes, where was Tesla's profit in its multi-multi-bagger rise?
What profit can be spoken of in the Bitcoin craze?
We all know that the market is an emotional animal and it amplifies the smallest thing in an exponential fashion - in both directions, I might add.
All it takes is one catalyst and all this doom and gloom turns into a party.
I don't follow the market that way - I don't get super excited about a SP rise or a fall for that matter.
I do get excited when I see the underlying reasons of a rise being developed - legalization, M&A, JVs etc.
Today is a day for the crows to "sing" with their idiotic out of tune voices.
Our time will come.
Homestretch4me wrote: I'm glad you said that because everybody can see what a pinhead you are now. Canopy has enough money in the bank to withstand 20 quarters just like this one if they need to. Two billion dollars at their disposal which would last 20 quarters if things continue to be this bad. But you showed your true colours and started talking about massive dilution with a company that is flush in cash, more so than any other cannabis company in the world. Keep trying little prank monkey.
Illusion will not happen until the u.s. legalizes and canopy starts their acquisition spree starting with acreage Holdings and terrascend and Wana plus many others. I am and I'm sure many other longs would be happy for this type of dilution
Starsearcher80 wrote: Damn the Clowns are pathetic! I just love their totally misguided rationalizing. "Darkest before the dawn." "It's a buying opportunity!" ( They've been saying that since I told them to get out at $44.00) Then they will tout their conspiracy theories... "It's those nasty shorts! And EACH AND EVERY TIME, THEY'VE BEEN 100%WRONG. Well take your pick Clowns for what comes next. Massive margin calls? Relentless tax loss selling?? A market correction? Dilution beyond all comprehension because they are bleeding money profusely? Personally, I bet all of the above. Get ready for the REAL pain to come Clowns. It has your name written alllllll over it. ;)
Starsearcher80 wrote: This is NOT a buying opportunity. Next up is massive margin calls and then relentless tax loss selling over the coming weeks. Do you comprehend what this is going to mean for the share price Clowns? It's going to be brutal. Quick! Another round of Kum by ya!! ;))