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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 > I am excited
View:
Post by Rotaluceps on Nov 10, 2022 6:21pm

I am excited

To day the stock was pushed by the Dow  and inflation number. Get a watchlist with the main index and other companies unrealated to the cannabis sector if you want to know what is going on. I also expect a push for the meeting next week that will not bring anything in the short term.

Short traders like higher price when you know what you are doing. The pumper quinpump said to short a stock Hexo at .24c. retails are no edge fund and this guy reached the level of an id!ot. 1st, my broker would not allow it and if it did, I would never short a so low price stock. Low price stock has a tendency to often keep their low price for a long time. I posted about it a long time ago and this is exactly what is  happening. As long as Hexo has a good volume, it  will help to slow down the downtrend. The news are moving the price. The Dow is up +1,201.43 but for how long. 


Dow Jones Industrials Average
 
33,715.37
+1,201.43
+3.70%
33,263.91
33,727.73
33,167.82
488,255,344
11/10/22
 
Comment by Donwaan on Nov 10, 2022 6:41pm
Yes a big day for the markets and for WEED. But where do we go from here? Will Canopy sell off tomorrow? Or continue to run up to the November 15th meeting? And what of after that? Any good crystal ball readers out there?
Comment by Rotaluceps on Nov 10, 2022 8:19pm
No crystal ball but common sense. Better inflation number still very bad.  Current Annual inflation for the 12 months ending in October 2022 is 7.75% I think that the price will go down but it is just what I think but I prefer not. The price is higher than my average. I buy in lot with incredemential price orders. Since I covered my last shorts, I make small orders since the price was low.& ...more  
Comment by Rotaluceps on Nov 10, 2022 8:27pm
Correction, not the vote, it is already done and helped push the sector but the next week meeting. 
Comment by Homestretch4me on Nov 10, 2022 7:09pm
Mmmmmmm.......say what??? "Shorter's like a higher price and low prices stay low for a long time." Is that what you said. If it is, you shouldn't say anything else. If you really feel the need to type something, go ahead and type away. When you're finished typing, just hit the delete button and pretend that you posted it that way no one will know how stup!d you are.
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