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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 > Shorts Covering?
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Post by OptGreen on Apr 18, 2022 3:08pm

Shorts Covering?

Heavy volume today, almost 3X Tilray and nobody even close to Canopy volume...add recession panic and the pot cos are all red, with Canopy volume higher than the aggregate of the rest on my page. Better to cover than lose when it heads north.

Most in the sector should thrive during a recession along with alcohol et al in the 'sin' catagory and if so we will never see Canopy at these levels again if legal, of some form, along with banking stateside is cleaned up and moving forward and done in the near term. Add profit realized or acceptablly close to it for FQ4/22 plus active operation of the US assets, and it is 'moon' time for those that own.

Even the crud is catching on to what is coming, just the odd squeal now and then....soon to be crickets. All the best to those that own. JMHO...Opt
Comment by lafong on Apr 18, 2022 3:22pm
Mein gott are you stupid. you are probably one of those market wizards that think averaging down is a good trading strategy....well, here's a real good chance to average down. No rush, you'll get plenty more chances dumbo.
Comment by Starsearcher80 on Apr 18, 2022 4:08pm
Oh my Gawd, is there no botom to your moronic comments??  Short covering?  Are you kidding???  The shorts are having a total field day, and if anything are ADDING to their short postion, given the reality of NOTHING happening Stateside. Now, why would Canopy be 3x the volume??  BECAUSE THE ONLY HAIL MARY CANOPY HAD WAS U.S. LEGALIZATION.  They are bleeding red ink ...more