A serving of Kimchi Noodles....Worth more than 1 share of Canopy. Now that the Reverse Split is official & a reality. If that's not a sign of how far this company's stock has fallen then i don't know what is.............LOL. So what's the better buy.......... more Kimchi noodles or Canopy stock?
If you have to ask or don't know the answer.... then maybe the stock market JUST isn't for you....
And IF you're STILL unfortunate enough (by choice ofcourse!) to be a Canopy s/h.....and would have listened to the MoMoMyster years ago........You would NOT find yourself in this "unfortunate" predicament.
A few more notes before i let you good folks go.........IF some of you "Rocket Scientist" investors are thinking what i think you're thinking......or what the pumpers on here want you to think........that's it cheap NOW and & good time ot get into Canopy stock right now......then by all means do as you please........if you intend to lose MORE money than you've already lost.
What do i mean by this? Well......If you don't want to take my word for it or you don't believe anything i say ....then by all means..... look no further than some OTHER failed cannabis stocks who did the same thing! Pot Failures like Aurora & Hexo who also went through similar consolidation process......and.......look at where they ended up!
So what does that mean? It means buying here buying right now is 1000%, guaranteed absolute certain failure and..... YOU...... losing most of your money. If you want to do that.....better of going to the Casino, gambling it away on something like Roulette or flushing your money down the toilet......As that would be more exciting than watching it go down in the market in something as awful as WEED/CGC
So what do i expect now that's its official? News lows.......a NEW ALL TIME low......And once the consolidation is finalized and done........more news lows followed by a massive NEW financing at those NEW lows.........Which means that Post Consolidation..... the stock should trade at ~$4.50 and then get pummuled back to $3 bucks.......again.........Where the NEW financing will probably get done!
GLTA