RE:RE:RE:RE:RE:RE:RE:WOW CGC - Is currently trading at a 50% discount to the 2020 Covid Dip.
It would be trading even lower than what it is trading at if it didnt have the strongest Insider / Institutional Ownership of ALL cannabis stocks trading. Most Retail investors gave up on Canopy the ca$h burning machine quite some time ago. That is Canopy's biggest problem, very little Retail interest ever since Bruce Linton (the ultimate pump machine) was let go..
(Constellation's high percentage of Ownership level is propping CGC up, reality)
CGC
| % Held by Insiders | 36.25% |
| % Held by Institutions | 17.29% |
TLRY
| % Held by Insiders | 4.07% |
| % Held by Institutions | 13.24%
|
Tilray @ 17.31% in what should be strong hands / 82.69% in weaker Retail Hands
We need to boost TLRY up over 50% Insitutional Ownership to get Shorty to fu*k off. Irwin is building TLRY and not sitting around waiting on Politicians to get something done.
I am in full agreement that this is a Longer term HOLD. For myself I have never felt more comfortable than ever before in regards to the business model and direction of the company. Been here since Aphria was a penny stock. I got time and she has been real good to me.
best regards
momo
Coloradobuff wrote: Interesting comments, commoncentsfordollars, your nickname should be what you are doing. Great news that the shorts are piling in, it allows you to add more at these prices for a long time while they build the business if you feel that the investment thesis is intact.
i am long and added more at 6.60 usd. But I don't like their balance sheet once you strip away intangibles and goodwill which are worthless.
canopy I am also long and they seem like a better play at the price. I think the market sees that, though us mso's are better value as they are actually growing.
I would have thought the market would have developed quicker, that's my mistake. This is a longer term hold