Canopy Growth Corp T.WEED

Chart is very ugly, closest daily support

[trader53]

22.77 and 17.99. Argue all you want about the fundamentals this chart is broken. The real train wreck for WEED will be if the SPX pukes next week and we get a meaningful pullback. The entire MJ sector would suffer.

[YodaLayhehoo]

Agreed the chart looks ugly as hell. I bought in this morning around $25 thinking we'd get a bounce today and got burned luckily I sold for a loss when $25 didn't hold. The stock is heavily manipulated to the downside. It will bounce one day but I don't feel it's anytime soon. I could be wrong but it doesn't look or feel like it. There's a few things to think about here as

[Homestretch4me]

It's always fun when people that have no clue what they are talking about chime in. Go read over the constellation/canopy deal and come back and tell everyone here what constellation has to pay to aquire more shares. After that, take prank monkey Starcrapper with you and piss off. Uneducated, uninformed and unaware. A terrible combination. How sad do you losers have to be to come on here and

[YodaLayhehoo]

I guess you're talking about the warrants they exercised at $12.00? Yea very good deal for investors paying double that! I'm referring to if they wanted to take the remaining 40 something % left. Going by memory I don't remember any restrictions or price agreements on further purchases but maybe you know something different?

[OptGreen]

Agreed Yo but you the answered your quandary...this is no Tweed from back in the day, there is real strength in this company today. For one example, I assume Martha inked a pretty nice deal with CGC because she knows that this sector and this company are the hottest tickets on the planet today and both will win large...along with those that own. The markets are correcting and this sector is

[YodaLayhehoo]

I agree the stock is going up one day but from where to how high is the question. With nothing happening anytime soon the big move may be from dollars to where it is now who knows