RE:RE:RE:RE:RE:Barking Crud on to SomethingOne of my fave stories from when I worked for that bastion of corruption was the day back in 2012 when I bot FB into my own account (trading then at $18) and actually got an email from head office demanding - like, DEMANDING - to know why I was buying it when it wasn't on their "recommended list". I ignored the email and we all know what happened to FB. I truly just thank gawd I got outta there when I did, two years later. If I hadn't, my meagre savings would still be tied up in their sh*tty, under-performing mutual funds and I'd be living on government subsidies. My advice to anyone contemplating giving their money to a "financial advisor" - DON'T. Spend a few months educating yourself on the markets, decide what your risk tolerance is, and manage your own money. You sure as hell won't do any worse.
PlantManager013 wrote: Give it a rest - we all know how corrupt your industry is.
No one has any illusions about FAs caring about their reputation.
My first FA saddled me with a stupid mutual fund pre-authorized paiment and with unneccesary life insurance, then he wrote a book about how the market will crash and then disappeared
Another !diot advised me not to invest inTesla, just because he was so clueless that he didn't know who Elon Musk was.
You boiz are always way behind on the occurrence of new sectors and on opportunities to make money and you keep going back to the watering hole of stocks that you know and that never perform well.
ridingrockets wrote: Yup all analysts are scum who do not care about their reputation when it comes to forecasting stocks. They all drink the kool-aid they are told to drink. You sound like you got fired and are still bitter....
I spent 15 years at a large Canadian financial institution fyi and those that were involved with analysing were constantly stressing about their accuracy.... Are all correct? Nope. Do they care about their reputations YES. So when you have major companies such as Cannacord and CIBC raising a red flag - that red flag they raised is WORTH INVESTIGATING! They may be wrong in their assessments but they are worthy of investigating.
The post I responded to was a pom pom pumping former Supreme investor who stuck with Canopy and continues to be delusional with their comments. Such as there is no reason to be concerned and that the earnings was a good one.
34% loss of B2B market share year over year during a period where market sales increased by about 40% - so 3 billion in sales turns into 4.2 billion in sales yet Tweed sales are down 34% over that same period. If that is not concerning to you as a CGC investor.... Sure.
As you alluded to there is very little quality discussions happening here. In my opionion CGC needs to continue its acquisition spree if they want to get green in Canada. Alternatively they can further cut costs and close greenhouses and reduce the total revs required for a positive EPS. The last option is pray that American legalization takes place prior to 2023.....