Q2 incoming.....D-Day is T-3So the "BIG" questions on the minds of EVERY Canopy s/h, those who left anyways, will be the following......One just HOW BAD will earning be? Two, HOW BAD will the RS be and WHEN will it be? And lastly, are ANY other "unexpected surprises" gonna pop during those Q2 results?
Imho, the first two questions can be accurately predcited with reasonable accuracy, except for MAYBE the timming of the RS. The last one regarding any potential "unexpected" surprises for s/h, is a tough one to call.......and i would put that possibility at about 50/50......with some major writeoffs/writedowns or financings asthe usual culprits............
For those who are totally lost here & want to know what to expect here in terms of stock reaction for the next 6 months, i think a perfect blue print for this would be the now-defunct Hexo when it had the same, exact issues and travelled the same path............and if it does look anything like Hexo, then my friends SELL NOW before you get another 50% haircut on what little you have remaining here......
Anyone looking to ditch this for something better, i STILL rec'd your much better off in other "speculative" investments, and this time around a Bitcoin miner like DMGI/DMGGF is a much better bet or gamble at this stage. IF you didn't take my MANY previous advice within the last few years, which is unfortunate for you if you did not btw, then this might be your ABSOLUTE last chance to recover anything before your money here dwindles down to nothing and you have NO MORE options available or remaining.
GLTA