RE:RE:RE:THE MARKET HAS SPOKENStarsearcher80 wrote: I'm saying the U.S. dream is dead, most likely for years. I'm saying that the shakeout in the industry is far from over. I'm saying Canopy will NOT survive as we currently know it and that Constellation is fine with that. I'm saying that the risk/reward of holding Canopy shares is worse than ever, and current shareholders risk losing it all.
charliebitmyfin wrote: Starsearcher80 wrote: Yesterday was nothing more than traders getting their jollies. But today's price action reflects true sentiment. NO chance of any MJ Bill passing in the U.S. It's over people. It's just over.
What are you saying? - there is no future for cannabis stocks and everyone may as well get out? Or there is a future but longs are obviously playing the game wrong? Aren't there going to be some winners in the end? - maybe just not canopy?
What you're saying may very well happen. I got lucky and sold everything at the highs over a year ago. Recently I re-entered but only about 10% of my past portfolio, in a couple of mso's and in vff, and now down 5-10% which kind of sucks but not too worried, i have some faith still in this industry. gl