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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > THIS MARKET IS ROLLING OVER
View:
Post by Starsearcher80 on Aug 19, 2021 10:42am

THIS MARKET IS ROLLING OVER

With the Fed's notes showing they are actively discussing tapering, this extended party in the overall market looks to be officially over.  I credit the Fed with their efforts to stabilize the market, and for the most part, it worked.   However, it was essentially pouring gas on the fire.  Sure, it burns really bright, but it's artificial, only burning that bright with continued gas.  The Fed steps off the bas and tapers, the market fire goes out.  

The result of the Fe's multi month effort is a VASTLY overheated market, with the bubble showing the first signs of implosion.  As it applies to WEED, this will bring the stock down substantially further.  To be sure, I think this bubble is so huge, and so dangerous, it will affect all stocks..not just WEED.  But with the pots stocks comes a lot of fast money, therefore it is more vulnerable still.

In addition here, Canopy continues to burn through cash, and is going to have to go back to the market to raise more.  This dillution will be at further depressed prices, making it even more painful for current shareholders.

This stock remains untouchable imho.  See you sub $20, and then some.
Comment by Homestretch4me on Aug 19, 2021 11:06am
Yawn...........here's a banana fir you now go play like a good little boy.
Comment by Starsearcher80 on Aug 19, 2021 11:32am
As always Homestench, you have nothing to say and nothing to offer.  Enjoy the continued ride down.  Just remember, there is no prize for being blindly married to the stock.  ;)
Comment by Homestretch4me on Aug 19, 2021 12:21pm
Just remember there is no prize for continually posting the same BS over and over again on a bullboard of a stock you don't own. Oh wait, yes there is a prize for that........You have won the biggest douchebag medal.....Congratulations. Now here's another banana for you, so run along.
Comment by Starsearcher80 on Aug 19, 2021 12:47pm
Wow, you really have perfected the art of having nothing to offer. The consistency is remarkable! Now, go look again at a weed chart the past 6 months, and then look at how that affected your portfolio balance, and then tell us again how this stock is a fine wine being left to age to perfection. Reality check. If this stock were wine, it would be something akin to skunky swill full of fruit flies. ...more  
Comment by Homestretch4me on Aug 19, 2021 1:13pm
Yawn
Comment by Greindur on Aug 19, 2021 11:41am
[ This kid is hilarious.   No dog in the fight but he just wants to be heard.      
Comment by InfamousPwum on Aug 19, 2021 1:00pm
This post has been removed in accordance with Community Policy
Comment by Starsearcher80 on Aug 19, 2021 2:31pm
Oh, I'm SO sorry Pwum.  Is a fruitful discussion of reality not allowed on this board?  Or are well all to blow endless maaired-to-the-stock sunshine about what a great investment this is. I know.  Someone bringing up the truth of the matter to you really hurts.  Well suck it up buttercup, and think.....before you lose even more.  ;)
Comment by InfamousPwum on Aug 19, 2021 2:45pm
This post has been removed in accordance with Community Policy
Comment by Starsearcher80 on Aug 19, 2021 5:38pm
What are you, 2 years old?  What's your next line.  "My dad can beat up your dad?" Somehow I just don't care to see anything you have.  Sorry for the rejection notice Pwum. ;)
Comment by InfamousPwum on Aug 19, 2021 7:09pm
This post has been removed in accordance with Community Policy
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