Canopy Growth Corp T.WEED

So much for the bullish reversal

[Ghostinthedark]

just way too much shorting. 

As I have said for 3 weeks, Weed has a major support at $19.4...,a low last October 2020.

In other words, if you are using the buy and hold strategy, you'd break even....

I sure hope people sold at $70, when the was "a blow off top, and a downtrend of 7 months and counting.

Today, weed hit another lower low,

Look for the stock to bottom, trade in a range (accimulation) and a bullish reversal at some point.

Unfortunately, Weed is still a "falling knife." And you cannot catch a falling knife, unless you want to gamble, likely end up a "bag man."

I am still waiting to buy...

[YodaLayhehoo]

A low volume selloff with everyday pain is what's going on here. I'm waiting for that high AF volume selloff when panic selling people market selling into a cliff. What number that happens at doesn't matter.

[YodaLayhehoo]

American Legalization is always a way out for the bag holding people out there. If you're hurting from the selloff and have time you could wait it out. It might get worse before it gets better but if / whenever the US gets around to Legalization the stock is going up. It's tough to call this company because the risk is high now because they're valued at 10 billion with no real earnings

[Starsearcher80]

I see absolutely nothing that suggests this stock will stablilize at current levels. With that, I fully expect this to break back down into the teens.  If the overall market sours, and it is certainly well past due for that, this stock will get clobbered as it tends to attrract faster money, making the continued downhill slide both quicker and more painful. I maintain that this stock is

[Homestretch4me]

You have absolutely no idea what is going on here. Move along loser. Go hold your bag over on AC's site.......imbecile.

[Ghostinthedark]

I luv bag holders like you...Eh....,mouth, I am all cash. You are just a bag holder, tense, angry, because you bought in at $70...WTF...Cannnot believe you have 1,100 likes. I've read your nonsense.  Clearly, you have NO idea about ---such as financials----take the easy one,  EPS---WEED is (-$4...) a share. So, mouth, anyone who buys is losing $4.....or more on earnings. But mouth

[Homestretch4me]

Awwwwwwe! Did someone hurt your wittle bitty feelings? Go back to your giant pile of sh!t board and tell them how smart you are.

[Ghostinthedark]

You are a "BAG MAN" losing your shirt. LOL

[Starsearcher80]

"Move along loser"??  Priceless!  This coming from the Clown who has been married to the stock from $70.00 down to current $22.00. Well down Clown.  Now, as for the definition of loser, look in the mirror, then look at how much WEED has dropped in the past 6 months, then look in the mirror again.  Now THAT is a loser!

[OptGreen]

S80 the queen of clowns you are as informed and relevant as Biden....as he completely mishandles Afghanistan, loses the battle and sells Afghan allies out, he just finished a news flash on covid vaccs, while he pours the super spreaders across the S border by the millions, unvaccinated. At least we can be thankful that we can still see that the news footage is form the US...with fewer AK-47s and

[Homestretch4me]

Yawn...............banana!