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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:The rush has died here!
View:
Post by quinlash on Apr 02, 2024 4:53pm

RE:The rush has died here!

Daily average volume was exceeded and the stock finished up in the day. With literally zero effort you can confirm this.

Investors and Daytraders differ.  Investors seek undervalued stocks that have strong upward potential if an extended period.  

Daytraders come and go over very limited periods of time.

Sorry but these groups also have a difference views as to what a decent return looks like with long-term investors often still holding positions long after a daytrader flipped out for a few pennies.

If you sold early or sold short then don't go thinking everyone else should have done the same. 

For every all time high there's a Long that bought or held, for every all time low there's someone who sold short.

A long can ride out the lows / dips with a ton on patience and a good trading strategy, a short simply wins a margin call as the price recovers.

BTW, it's not literally a phone call, it's just a notice from your broker, usually an email after they processed the call (just fyi)


Best Regards
Comment by quinlash on Apr 02, 2024 5:00pm
Wow, yet again my type-o's amaze me... sorry about that.  Certainly hope everyone can read around them.
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