Canopy Growth Corp T.WEED

RE:RE:Patiently Holding for Turn Around

[quinlash]

I can completely understand your seemingly emotional outburst.  I might be emotional too if I was holding for a year or two and the shares of the company I invested in started trading this cheap.  The reality of the situation is, as you noted, the company is improving it's books and paying down debt.  The rate at which it is paying this down is impressive and once it is gone those payments end up being cash on-hand and work to the benefit of the company's investors.

I had noted earlier that I first started investing in Canopy Growth back in 2018 or so and did a full exit at $36 CDN, prior to the run to $70.  I was going to buy shares again over a few months back when the shareprice started to get down around $2 but couldn't at that time (the money was needed elsewhere).  Between then and now the Shareprice dropped more and so the money I would have put in play at the $2 range allowed me to gather more shares than I had expected and those shares are producing gains.

Here's the reality.  You can buy shares in a company cheap, it doesn't mean they can't trade later for less.  You can sell shares high, it doesn't mean they will not trade higher after you sell.  This is why I use the Dollar Cost Average Strategy and go in with the expectation of holding for extended timeframes.

Once this stock starts trading at the low end of my high range I will execute a partial sale of shares, just to mange my risk and lower my running average.  I make no bones about that, it's a means to protect my investment. 

Once the shareprice gets to the upper range of my higher targets I will let go of a few more but will still be retaining shares in the company.  At this point I will have no money on those shares and it doesn't matter if the shareprice goes to the moon or comes back down, my loss potential will be zero.

Maybe you didn't go into your investment with a strategy, maybe you don't have the patience needed for investing, so be it.  You can sell your shares to someone like myself and that person can manage the investment properly and (IMHO) take the reward that would have been yours if you had been more patient.

Best Regards,

Q

[dothemathpeople]

Another contribution in the fiction category.  You forgot to mention the pot of gold you found at the end of the rainbow..? Lmao.  Nothing personal Q, no matter your projection, lmao.  It's all business.  No one takes you as seriously as you are taking yourself; publishing nonsense bedtime stories.  We get it Q, is what i said.  You are the master of what is