Canopy Growth Corp T.WEED

RE:RE:RE:RE:RE:RE:RE:DEAD-CAT BOUNCE IN THE MAKING

[Invinciblone]

Reminder starcrapper is a paid basher he is paid per post on this board to bash the company.

he uses many aliases and posts 24/7 here to spread fear.

ask your self would a "professional trader" as he calls himself waste their time here posting 5-6 times a day more if you count his other aliases?

Starsearcher80 wrote: You think we settled this arguement before??  Yes, I totally agree Clown.  The arguement was settled when you DIDN'T sell at $44.00 as I told you to, and it's been settled each and every day you ride it down.  You have NO skills.  You have NO strategy.  You're just a self-created meme of how to do EVERYTHING wrong in the stock market.  At best, you're cheap entertainment.  Truly cringe-worthy, but entertaining all the same.

Now, why don't you go and figure out what your next lie is going to be, so I can totally out you once again. ;)
 

Homestretch4me wrote: I think we settled this argument many times before as well. I have offered to compare portfolios anytime with you and each and every time you have declined. The only reason for this is because you're a small fish in a big pond. You are not part of the 5% successful day Traders, you will never be part of the 5% successful day Traders and no matter how many times you try to tell yourself that you are, you are not.

As far as me ignoring every indicator and news and result. That is false. I am not ecstatic with how things are going with canopy. I think they lacked execution in a lot of areas. That being said, the main reason for canopy's woes is that they are unable to advertise in the Canadian Market. If you look South of the Border, where they can advertise, everything they are doing, they are doing well. This will be multiplied exponentially when the triggering event happens.

You are a little man, with a small bankroll that thinks somehow he is a professional day trader.

Your posts in the last 24 hours where you 100% contradict yourself should remove any doubt from anyone that's been on the fence about you about how much of a moron you are.

Tomorrow is June 1st. You originally said canopy would be bankrupt by June. Wrong again

You changed your bankruptcy date to August, I bet you will be wrong again.

You then changed it again to the end of the year, I bet you will be wrong again.

You also said canopy would have a cash burn of 750 million dollars this quarter. They burned through 100 million in cash. Wrong again. Really wrong.

These are not minor errors. They are complete f*** ups much like your call on the easiest money in the market Air Canada where you said it would go to $30 in short order.

People need to not get taken in by your well-written b*******. No matter how nice of a bow you wrap on what you say, it is just b*******.

You are a terrible Basher for anyone who takes the time to read your post and hold you accountable to them.





Here's some advice for you for your bashing future.

Don't say anything specific because you will end up being wrong more times than not... See above.

Stick to things like this company is garbage, the management is garbage as those are opinions only.

You can also say that this stock price is going to go down or up. You have to be careful here though because you only have a 50% chance of being right as you found out with Air Canada and your post yesterday of how you said there was going to be a large fund sell-off today.

Anyways, enough time wasted on you today. It's far too nice outside to be talking to an aszhole like you

Starsearcher80 wrote: Clown, you CLEARLY don't get what a professional trader does.  I'm not talking about joe-nobody who wants to trade but doesn't have the skills or temperment.  I'm talking about the 5% who aare truly successful at it.

I'll come up with a hypothesis all day long.  But the difference between you and i are TWO things.

1)  Upon taking a stance, I IMMEDIATELY do all I can to test it and poke holes in it.  This is done via the data, and the charts that are built on that data.

2)  IF the hypothesis needs to change or be modified, I will IMMEDIATELY do that.

Now, I work in much smaller timeframes than you, however the tennants of being in the market are the same.  YOU however.

1) Come up with a hypothesis, then completely ignore ALL data that might suggest your hypothesis is not valid.

2)  If the hypothesis needs to change or be modified, IMMEDIATELY you resist, because that would mean you have to admit being wrong.

Now that I think about it, there is one BIG other difference.

1) I make a LOT of money.

2)  You make none, and what you did have, you lose.

Well done my ltittle maggot Clown.  As always, too easy to blow you out of the water, yet again (and again and again.) ;)

Homestretch4me wrote: So let's all get this straight. Yesterday you said that today there would be a massive sell-off by the funds holding this stock.

Less than 24 hours later you're now claiming that the stock could run to $7 which would be a 16.5% gain approximately.

So in the span of 24 hours you went from saying massive sell-off to a potential gain of 16.5%.

This is why day Traders and chartists lose money 90% of the time. They have no idea what they're talking about, as is clearly evident in your posts in the last 24 hours.

Thanks for all the information you've provided but I think I will stick to my long thesis. And to all that have sold , thank you for the cheap shares.

Take a note of this people. This is why you shouldn't listen to this fool.

Starsearcher80 wrote: Deadcats are tricky.  Again, time them well and you make a nice quick profit.Mistime it, and you end up on the wrong side of the trade.

The tricky part of a deadcat are what metrics to consider, and how much weight to give to each.  In no particular order...

1) The severity of the drop in the first place.  (This was severe)
2) The news cycle...more news or going into a quiet period. (quiet now)
3) The drying out of the stock at the bottom. (dry)
4) Resistance points on the way up. (identified below
5) Psychology...how "broken" is the stock. (very broken, which in a deadcat scenario can be a positive)
6) External market forces (overall market swings, and the market is very volatile right now.

Typically what happens is you first have the "early adopters".  These are the true traders who spot the change, jump in and jump out again at the first resistance, which is about $6.25.  The stock has already moved up to this level, and sure enough, you could see some of that resistance point selling taking place.  That's fine, and not surprising at all.

If you look at support and resistance points, after the $6.25, it's a fairly clear run to $6.75, and above that, $7.00  Personally, I don't see any deadcat going above the level, unless there are funadamental changes (which I don't think there will be).  So it becomes a game of traders coming in, and longs taking a new/bigger position, with most of the selling now washed out...hence, the bounce.

So it becomes a gaime of "odds".

The $6.25 level....100%

The $6.75 level....I would say 70%, based mostly on the severity of the downturn, and two complete days of a massive washout of the stock from $7.00 down to $6.00  There's also been time for any margin calls to now be washed through, so that selling is gone too.  This stage of the deadcat tends to be the more "meaty" phase, as a larger pool of people come in thinking the stock is safe.  It's not necessarily true, but greed tends to be a be a motivator for buying bravery.

The $7.00 level....I would say about 30% at most.  Lucky if there is a little over-extended enthusiasm on the deadcat, but it would be temporary.

The other key thing on deadcat bounces is that the are absolutely dynamic, i.e., different forces come in to play at different times.  While different resistance points are noted above, they are at best "markers", and certainly not absolutes.  As noted before, deadcats can certainly be playable and profitable.  Just know what they are and how to play them.

Caveat.  Any comments here about deadcat's have nothing to do with the stock whatsoever.  It is only a buying/selling phenomenon that happens when certain criteria are met.  The cat may bounce, and often does, but gravity and reality always do set back in.

TheProphetElijah wrote: The sector is definitely due for atleast a technical bounce, plays like HITI and AYR are showing bull flags, while bigger plays like TRUL and CURA are consolidating and bouncing off long and short term technical bottoms.  This can time nicely with possible/speculative legislative changes before August and Nov mid terms like Safe Banking.  Time will tell.