Starsearcher80 wrote: Ummm, not married? You are the poster child of married-to-the-stock!
1) Congratulations on your early buy. Truly, well done. But there are TWO sides to the equation. Knowing when to buy, and then knowing when to sell. And on that front, you've now failed completely 3 times on run-ups that had you not been married, would have easily sold into.
You have seen this company evolve? Me too. But when "evolve" equates to "derail", again, clarity should rule rather than blind hope that things will somehow get back on track.
With regard to "ground-floor opportunities", you're living in the past. The ground-floor opportunity was when you originally bought. But those are NOT the realities of today, and the landscape has so vastly changed. It's that change that has Canopy struggling on all fronts today. It's that change that has the share price in the toilet. But harkening for the old early glory days are not going to bring them back.
To suggest that it has been a great investment is a typical immature statement by someone trying to rationalize their screw-up. So if you're in that early, and still up overall, good for you. But if you want to be accurate, and face the reality of missing the multiple clear sell signals, then you also count the money you should have made..but didn't. "Paper loss" or "paper gains", are not just words. Put into full understanding they are real but not yet actioned. So what you should be saying to yourself is "I LOST "x" because I didn't see the sell signal. And that amount would be staggering. It's far too self-soothing to say "oh, I'm up overall from my initial investment." Gains not realized are losses just as much.
It's also worth noting that I asked you to answer specific questions regarding why you would say the company had "great management". Why didn't you answer? I suspect that in true "married" fashion, you just don't have answers to the questions. So instead you attempt to dodge.
And with that, welcome to the Clown Car. Now, feel free to prove me wrong and answer the questions with facts that back up your stance. I welcome an alternate opinion that is well conceived and well presented. Up to the challenge? Somehow, I doubt it.
Doubleeagles wrote: Sorry not married but have an extremely large position that has so far been a great investment for me. I like how I had the insight in the early days to convert US dollars to Canadian and bought tweed on the venture exchange. I have seen this company evolve something you can't say. I have been on the sidelines watching you fumble back and forth. it is happening again to you I'm sorry to say. My Canadian shares have been since converted back to CGC as I'm a lender of my shares to shorts. 2 years ago interest was as high as 25% now we sit at 35 basis points. I have no plans on selling Canopy. I have been accumulating Acerage . I also have Trulieve and Curaleaf but just a fraction compared to Canopy. My weed holdings represent about 25% of my portfolio. That's me this is my stance and my profound belief that we all are given ground floor opportunities. You either take them or you don't. I don't make my living trading stocks I invest my income in them.