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
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
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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
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