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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 > RE:RE:RE:RE:Note to Retail Short
View:
Post by quinlash on Jul 26, 2023 11:30am

RE:RE:RE:RE:Note to Retail Short

If a Long Position Investor purchases shares at $5 then that SP drops down to a $1 or lower then the SP reverts back up to $10 or $20 how much was lost and how much was made if he doesn't sell any shares? 

The Answer is Zero.

Losses on paper and gains on paper are just that -> On Paper.  

If the same investor purchased at $5 then bought again at $1 then their average could drop down to less than $2.50 (depending on size of trade).  If the SP then simply recovers back to the original $5 the investor could actually sell half the shares at twice their new / lower average and have 100% of their cash out and be sitting with shares remaining with ZERO dollars in play.  If the SP should then proceed to run back up to $20 or $30 further profit taking can be done while the investor enjoys zero risk exposure.

Explain to me how that scenario could be copied with a Short-Position trade...  not that I care, I just want a chuckle.
Comment by dragshot on Jul 26, 2023 4:23pm
I can't imagine why someone would even hold a $5 stock down to $1 and no sell stop.  That is reckless investing and as I said before, a waste of valuable time and money.  Holding WEED while it plummeted from $71 to where it is today is nothing short of irresponsible.  There are guarantees that your stock will ever see that level again and your loss has then essentially become ...more  
Comment by dragshot on Jul 26, 2023 4:25pm
*no guarantees
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