RE:IMPLOSIONSo there's this guy on the stockhouse bullboard that keeps saying canopy is going to go bankrupt. Is it possible? I suppose it's possible for any company to go bankrupt. Canopy however would have to burn through two billion dollars and according to the burn rate of the most recent quarter it would take canopy five years to run out of money. That is of course if constellation doesn't hand them the other five billion dollars for the warrants. He is trying to instill fear in you so that you sell and to make his handlers happy. Do yourself a favour and ask him how many shares he owns or how many shares he is short and then ask him to provide proof of that. He will do neither because he can't. He neither owns nor shorts this stock what comes here every day without fail to talk about a stock he has no vested interest in. Not really the kind of person you want to listen to. Although he does provide really good entertainment. He's so dramatic. Now you're on the Titanic except you're not on a boat and there's no water and no one's going to die. You're invested in the company that leads the entire industry in IP and cash on hand. There is no danger of canopy going out of business and that's all you need to know about this particular poster.
Starsearcher80 wrote: Be careful here folks. This company seriously looks to be imploding on MULTIPLE fronts now and people are bailing out all over the place. Firings, declining market share, bloated operations, Sku's people aren't buying, beverages flopping. I laughed out loud them suggesting to BMO that they should be able to get new product out in about 6 months... stuff that people actually want to buy?? Damn this company messed up SO bad. So you're on the Titanic and the band is still playing but the ship is clearly going down. But someone is willing to sell their ticket to you at 80% off for the next voyage? Good deal? Hell no. Get off the ship and live to tell another day.