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Glad I got the f out @ $60.00 average....
Price in USD (Last): 46.080
52 Week Change: 22.080
90-Day Moving Average: 40.506
Beta: 3.0993
52 Week High: 59.2500
52 Week Low: 16.7370
50 Day Moving Average: 49.1000
200 Day Moving Average: 34.0756
Shares Short: 14757846.00
Shares Short Prior Month: 10509287.00
Short Ratio: 0.8100
Forecast data:
52 Week High: 77.497
52 Week Low: 47.199
45-Day Moving Average: 49.696
90-Day Moving Average: 50.995
Stock Info
General
Country Name: USA
Exchange: NYSE
Sector: Healthcare
Type: Common Stock
Industry: Drug Manufacturers - Specialty & Generic
Pivot, Resistance Levels and Support Levels
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 48.605
Resistance Level (R2): 48.220
Resistance Level (R1): 47.490
Pivot Point: 47.105
Support Level (S1): 46.375
Support Level (S2): 45.990
Support Level (S3): 45.260
90-Day Moving Average: 40.506
Beta: 3.0993
52 Week High: 59.2500
52 Week Low: 16.7370
50 Day Moving Average: 49.1000
200 Day Moving Average: 34.0756
Shares Short: 14757846.00
Shares Short Prior Month: 10509287.00
Short Ratio: 0.8100
Sold half of my shares today . If goes up further selling 10% of remaining shares , every 10% up.
Will slowly buy back in if it drops more than 20%.
Till then im glowing with my 1400% return on my sell....
GLTA
Question to ask is what news would cause a reversal in investor sentiment at this point,,
Till there is something downside risk is at the forefront near term
The bright side ; over 2.15 million shares bought today!!!!
Investor confidence shaken via Aphria ?
Temporary pullback ?
SP price correction for sector ?
Sold my Aphria Nov 29 2016 @$5.78. I believe it was after the news VIC was screwing the Vets and the Canadian Government by over charging.
Let’s see if Bruce can pull a rabbit out of his hat
Down $550k here since ath.
Hanging tight, February is coming.
Who knows maybe have an xmas run like last year
I'm looking forward 12 months as to where the SP will be......
Canopy in overdrive to get products on the shelves $$$$$$
Feb 14 quarterly report will be outstanding!!!!!
Lots of mainstream advertisers in the sidebars.
Guess the boards/forums has enough traffic they want to advertise here.
I don't mind really if its a stationary ad but I hate the steaming ones they have now.
Especially when im on my cell phone , i had to double my data as coming to IHub site was sucking up all my data from the streaming ..
put in sell orders $49.00 10% of share balance
$48.00 10% of remainder
$47.00 10% of remainder
$46.00 10% of remainder
put in buy orders in as you sell $45.00 the first 10% sold
$44.00 2nd !0% sold You get the idea
$43.00
$42.00
$41.00
If it dips to 46 and bounces back , you may be able to re-enter at $50/low $50's
Either way you still have your foot in the door if it runs
Ok bye go save your marriage
Glad to see your leaving the forum
closing in on CGC WEED shares traded 25 million
Should help build new support levels and new ATH
i put sell orders in @$100,00 just incase things get a bit crazy,,,,
I think he meant up 1300% from his buy in price (13x)
Link to MSN Money showing % ownership of WEED by Institutions and Mutual Funds
https://www.msn.com/en-us/money/stockdetails/ownership/fi-127.1.WEED.TSE?ownershipType=institutional
I m on the same page.,more Institutional buying will be coming Post legalization..
Aph won’t meet supply contracts.
Aphria says it won’t be able to meet provinces’ demand by Oct. 17 https://t.co/GfidKeTBNX
— 💥 𝓓𝚊𝚟𝚒𝚍 𝓑𝚛𝚘𝚠𝚗 ⌨️🥦🫖 (@drowbb) October 9, 2018
Premarket bid/ask now $65.00
With a supply shortage from other LP's and previous demand estimates being underestimated it sounds like a perfect storm for Canopy to unleash its war chest of weed into the market.
It will be interesting to see how it plays out
What’s your target drivepact 2 million or ?
MMPRuser'
So may i ask how many shares you sold . I take it since you said you have an order in for more weed you sold all your shares previously.
Just curious as I am looking at selling some of my position near term
weed = 60 % of my portfolio
30 % US MJ stock
5% US MJ stock
5% Canopy Rivers
i thought Canopy is going to own 30%( don't quote me) of Rivers. So we get exposure to Rivers with our Canopy shares..
CGC Price prediction by Wallet Investor
Has price predictions to Sept 2023, forecasting $ 172.00 US at that time
Here is the link to the site. yearly breakdown at bottom of page if your interested..
https://walletinvestor.com/stock-forecast/cgc-stock-prediction
If another global player (pharma tobacco, alcohol) enters the market, comes in and make deals or takeover (maybe hostile) with a few of the other top producers ie: Aphria and Organigram ect; to get enough production and market share, Canopy will have its work cut out for them as they would go head to head.
May see an adjustment in stock price if a new global player comes in very aggressively to challenge
Canopy....
Good thing its still Schedule 1 in the states!
With all the buying over $60 some days 30 million shares traded, ( really don’t think the recent buys of institutional investors will be sellers) so the pull back will be short lived hopefully.
The dynamics of the company have changed with constellations investment.
Only a certain percentage of shareholder are running for the door, and lots of interested parties willing to grab thier shares
Congrats on breaking 1mill
Eventually it will be your low..
Ok down over 300k
Not sweating the pennies..
Future is BRIGHT!!!
Ok Cool
Myself I just bought shares and held.
I didn’t “know”
Honestly no you didn't. You just wished it would be. And i"m pretty shure you were not a shareholder in 2015
great !! up 1500% here,, just going to hold on another year or two, even if it pulls back, it seems to come back with new ATH. Lots of growth potential. If institutions have been accumulating at $50 +++
well you know
I first started buying shares when they were at $2.50. when cgc uplisted and jumped to $4.50
I threw everything I had in it. At $7.00 I put all my spouses investment money in. I had our tfsa and rrsp maxed out , so at $11.00 I bought more in a non registered account.It was a gamble as to how the industry and company would develop,but the largest reason I bought was because of Bruce Linton.
I searched and read everything I could on him , education, job history, and was impressed with his credentials . My introduction to the industry and Mr Linton was in 2016, I was at work listening
to CBC radia Canada and they had an interview with him talking about Canopy Growth and the MJ industry.
The early buy and hold investors have been very fortunate....
WOW
May as well say we are owned by Constellation brands
As part of its investment, Constellation is receiving 139.7 million new warrants which are exercisable over the next 3 years. Of those, 88.5 million are exercisable at a price per share of C$50.40, a 43.0 percent premium to Canopy's VWAP, and 51.3 million are exercisable at the VWAP at the time of exercise. If Constellation were to exercise all existing and new warrants, its ownership would exceed 50 percent.
Doug Ford won Ontario election ;so expect changes as to how sales will be retailed in Ontario...
I sold 1/2 my shares to invest in other companies , but hanging onto the rest .
I have 4.5 years till retirement, so will wait till then to cash in, but probably just take what
i need each year and let the rest keep running, especially if we are getting dividends by then..
Are you sure????
So after we are listed on the DOW will there be large funds buying Weed to be included in their Dow Index funds ?
Market Demand
The Canadian cannabis industry may have to triple its supplies to meet market demand. Health Canada is projecting that cannabis demand will soar to 1 million kilograms by the end of the year.
what do you know? You need to know Friday the Market is closed.... Holiday!