Canopy Growth Corp T.WEED

The stock is cheap

[quinlash]

It's trading cheap on the fundamentals and all historical ratios as well as the comparable ratios of Tilray Brands (the best comparison stock imho).

This is why we are seeing price targets north of $10 being published now.

If you don't have the stomach for it then don't trade it, if you're patient and open to riding a Bull stock then DYODD and consider it

No one is going to hold your hand, it's your Risk/Reward

[gladiatoro]

The company hasn't made profit in YEARS...over 1 BILLION in debt...how do you expect it to hit 10 dollars...FOMO will push it up sure...but for how long before the fundamentals of the company catch up to the stock price...caution is advised as the seasoned traders will eat up the nobbs.

[quinlash]

There were multiple estimates from various stock sites posted to the forum with $10+ targets set. Market Beat has $12.95 (US I believe) on record From my own view the higher targets are plausible as I ran some of the comparison data myself. If you want to know why Market Beat and others are increasing their expectations on performance then you can read over what they provide or write into them