Canopy Growth Corp T.WEED

Gems of wisdom

[lafong]

My favorite is "You don't take a loss if you don't sell"

[mano541]

Now you are getiing it :) share with Charlie. :) BUT the reverse split caused or will cause  a huge loss once we gain momentum. What do you think our chances are for a 5 for 1 split in the future? 

[quinlash]

Reverse splits are largely misunderstood IMHO.  Canopy executed one back in 2023 but this isn't something they did for giggles or anything.  It was necessary in order to comply with requirements laid out by the NasDaq.  Will one be needed again in the future for the same reason?  Well the answer to that is 100 percent "who knows?". No one can say with certainty

[mano541]

Yes, I understand why they did. Just pained me as I was unable to average some of it down. So a long long wait to get to where I thought I was going! Lol

[quinlash]

Yes, I hear you.  The advantage sits largely with those coming in post consolidation but advantages sit with long timers as well but only to those who can work out expected (reasonable) future values and who have worked their running averages below those targets. Markets aren't for everyone but those with patience and some math skills tend to have better "luck"

[mano541]

Luckily I have a mixed bag and a whole lot of patience!  :)

[mano541]

I forgot to add nerves of steel!