Thanks again quinlash, for sharing your vast investment experience, knowledge, insights and acumen with us lesser investors.
Molson Coors had a JV with Hexo - Truss Beverages, Truss USA lasted about a year before they terminated it - and recently sold off their share of Truss Canada.
Annheuser dumped 8 failing craft brewers in a dead in the water sector onto Tilray.
Large companies adapt to reality - they are hardly blind, cultist followers of losing ventures, holding 'long' despite the reality of failure.
Large companies - competently run large companies, that is - move from loser investments. Constellation is not 'trading' like 'average Joe investors' quinlash - and the average Joe doesn't trade like big companies.
Cannabis news will draw a reaction?
Brilliant insight.
Thanks again
Post by
quinlashon Jun 14, 2024 9:22pm 
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Post# 36090213
Constellation Brands Holding In
Constellation put 4 Billion into Canopy years ago and are still showing their commitment to the investment through the Canopy USA move.
This means they held through the best of times, the wiertiof times and even through a reverse split.
Large companies commit to long timeframes, they also tend to value time in the market rather than timing the market.
If you want to trade like the big boys you need to think like the big boys. The difference is that average Joe's need to be cautious with over commiting.
If you hold Long you have to consider riding out the bad days. If you trade short you have to be capable of covering that trade despite how high the SP might go
Cannabis reform news is coming this summer, everyone show be aware of that. This news I going to draw a reaction and much higher volume. This news may be exactly what the sector needs to lift everything, we will know once it happens