Post by
mrmomo on May 26, 2022 10:22am
T - 1...& time is almost up........
How bad will it be? Imo, pretty bad. Just based on Ayr Welllness recently, which is a vastly better managed and more financially stable company and peer company Aurora's results, both companies had a horrible quarter. That alone should give you an idea of what's to come. Luckily for Weed that the general markets have recovered a bit, which has helped somewhat by stopping the bleeding and provinding some added padding to absorb the big hit tommorow.
My guess......a huge operating loss, maybe a record breaking one, with costs running wild and some huge impairmnet charges giving Canopy a more than 1B loss. And that's the good news.
Btw, remember folks, don't forget your goggles.......
GTLA
Comment by
TheProphetElijah on May 26, 2022 10:51am
And look at AYR go, already priced in. Is Canopy priced in? Market already knows about layoffs - bad news makes bottoms?
Comment by
Homestretch4me on May 26, 2022 12:24pm
See the arrogance of these morons. He assumes all the Longs have all their money tied up in weed. Which definitely points to this posters bankroll being small and his knowledge of the situation being limited.
Comment by
HighTime20 on May 26, 2022 1:24pm
Whether you have $1000, $10,000, or $100,000+ tied up in this disaster, it is absolutlely dead money. We will see tomorrow how bad the last quarter was. I'll be interested to see what Klein blames the lost market share on this time around. I suppose he will likely blame everyone and everything but himself.
Comment by
Homestretch4me on May 26, 2022 2:39pm
Account created April 29, 2022. Another Starcrapper alias.