RE:RE:RE:RE:Canopy is a risky investment right now Charlie,
Regardless of where a share price is on any stock, at any time, there are investors on that stock who are sitting on profits and those sitting on losses. The profits become real when they exit and so do the losses. Outside of that, those with a position are holding with the expectation that their position will improve. This holds true for both Short Position Traders and Long Position Investors (know how those terms differ).
Some Investors go all in with their entire budget in one shot into their Long Position (the upward bet) while others gradually add money at various price points in an effort to get the best overall average. This sort of investor uses what is called a Dollar Cost Average Strategy (DCA).
Experienced DCA Investors also sell portions (not all) of their shares at profits in order to lower their overall average on the shares that they plan to hold for very long / extended timeframes. The most simple example of this is buying a block of shares then immediately setting out a Limit Order Sell for HALF the shares at TWICE the buy price. The end result of this order filling is that the DCA Investor is left holding HALF his / her shares with Zero Dollars on them. This is where the investor is said to be holding a DCA Average of Zero. At this point the DCA Investor has no money in play however they are still holding shares in the stock.
I had already noted on the Forum that I started by position in the Fall, I also noted that I zeroed out my Average Once already and then added cash again to have a Positive Dollar Cost Average. This resulted in my Average Cost per Share being Lower than the last time I came in and also resulted in my share count being a little better than 100% larger.
So... the Long Answer to your somewhat childlike comment is "No", I am not a "Bag Holder" as you so eloquently put it. I am a Dollar Cost Average Investor who could as easily apply the same tactics noted above to get my average down to Zero, even if I had an average up over $50 / $60 / $70 dollars where the stock was trading in the past. It would not be fast but I have done it a number of times in the past with success. I am fortunate that I do not have to bother with that but I know how to trade on a stock that has a fairly reliable movement to it on the daily / weekly.
Best Regards
Q