Canopy Growth Corp T.WEED

DROPPING INTO THE $6 RANGE

[Starsearcher80]

I see absolutely nothing stopping this from taking place. Even the dead cat bounce this morning was completely weak and short lived. People, I'll say it again. IMHO, THIS COMPANY IS IN TROUBLE ON MULTIPLE FRONTS. And even in the $6's I wouldn't touch this toxic stock. FAR too great a risk of losing everything.

[InfamousPwum]

This post has been removed in accordance with Community Policy

[MakeItRain999]

You've been right in calling the drop. But what about l that cash CGC is holding? What price would You be a buyer?

[Starsearcher80]

Honestly, there is NO price that I would be buying this stock.  Personally, I think there will be massive write-downs on their books and massive losses in the coming quarter. They are still spending like fools, and have little to no gameplan to take on much more nimble competition that are litterally eating them alive. Personally, I have some extreme doubts as to the ultimate survival of the

[MakeItRain999]

Thanks for your opinion.