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Tlry dip is coming and it's going to be huge. The best dip of them all. Just wait you'll see (trump voice).
Theres the cross. Never mind. Up she goes.
Mmmmm nice, but I'm still seeing a strong down trend from the tech side. Will hold off on major accumulation. Did buy 25 shares at 42.00. Next is 50 at 39. 50 at 38. 100 at 37. Ect.
Agreed. I'm looking for 38-40 consolidation. Will buy additional shares there. Anything below is a gift imo.
Short term consolidation. Ultimately it looks like it's going to do what it did with the last stz investment and consolidate just above or around what they bought shares at. I'd start my re entry accumulation point somewhere around there.
That depends on your time frame. Looks like consolidation between 43.50 and 42.50US right now. Its tested the 42.50 5 times.
Yah channeling pattern and we crossed moving averages rod yesterday. Dip is in fact in full swing.
This dip right now...
Watch "Daughtry - It's Not Over" on YouTube
Initial bids set at $42.00 US and $39.00 US. Enjoy your weekends folks.
Theres the dip starting up.
Lol I'd get out of this eod.nice run. Dip is gonna hurt though.
Yah. It's called SS. Its priced right.
That's a lot of change. Lol
Others will follow suit. Maybe not today, but they tend to follow the leader.
Bahahahaha
Lol. It's about time. Dont get me wrong I own cgc, but damn come back up for some air. We hit these levels way to fast. Said this last week. Unsustainable.
Moneys just sitting in account until the deal is made. It's a wait and see game at this point.
Bill you bring up a great point. This is actually the main reason is sold more of cgc today. I'm going to use the profits made here on the company Diego decides to partner with. I specifically made the sell for that purpose. Thought what better time to free up some Capitol. Will watch that transaction very closely.
Personally would like cgc to drop and consolidate at 40US 50Can. Around the price STZ has committed to. Anything over is a gift imo.
My personal projection for 60 is between Oct 17 and eoy. I think we could pass it come monday, but that does not mean we will stay there. I think consolidation in or around there happens final quarter of the year.
I'm playing with the idea of shorting it. I get it has a great SS but ideally it's got nothing going for it at the moment and is over valued at this point. The same could be said about cgc if it continues this crazy upward trajectory. I would like it to breath a little leading into Oct 17th and not run out of control. The harder this runs the bigger the pull back. I'm not about hype as an investor. I sell on hype. Sold more today. Will buy them back on the dip. In total I've shaved off 500 shares these last couple of days.
Over here looking at tilray thinking how in the hell are they pacing us.
Lol mmmkay.
Here we go. Lol
Imo this is unsustainable. A healthy pullback is needed.
I'm betting a blood bath eod. Lol course I'm long so no biggy.
Lol that is the question if you're not long. If you're a day trader I'd hit the sell right now. If your long get ready to weather a storm. Shes rising to fast. I dont like it one bit.
Wish she would have kept going up at 2-3% a day. This is gonna be a bumpy ride folks. All hands on deck when she dips.
Yes. It will.
Haha 44.78 US. Slow down there buddy.
I tend to stay up to date with politics when searching for my next big fish. It's how I came across canopy. I started monitoring cannibis back in 2013. At that time in the US everything screamed cannibis prohibition would soon be ending. Found canopy when I broadened my search criteria to other countries around the world. Snatched it up pretty quick. I think what made me decide to go long on it was an acquisition of growing facilities back in January of 2015 or 16. It was around 7 a share then if I recall correctly.
The best strategy in my imo is to find stocks with potential well in advanced. Then buy them up in large quantities and sell them bit by bit over the years. Or buy a large quantity and day trade 10% of your position. Honestly though stocks like canopy are a rare breed. They are hard to come across at the perfect time. You've really got to be on the look out to find a stock like this.l
Lol I sold 100 shares at 42.60. Trading comes with experience. Of course 100 shares is but a small percent of my current holdings.
No problem. I've been holding for 3 years lol. Best reference point for what's going on now is to look at last years STZ investment. See how the stock behaved then.
Working on an 11 bagger here at this rate lol.
Agreed.
No. This gain is from STZ's investment. A new ground floor is being created unrelated to quarter revenue. I'd say your base now is around 39.00US. Any gains after that can be considered revenue related. IE if we hit 50.00US a pull back would not be unexpected. Pulling below 39.00US significantly however would be unexpected imo after last weeks event.
Nice. Very nice.
I've seen canopy double several times since getting in hahaha.When I first bought I was like this could be a winner if legalization happens so I held. Of course i owned several other cannibis stocks to, but eventually i moved most of my investments to twmjf aka cgc aka weed when it just became apparent it would be top dog. After legalization, it became a majority in the portfolio and I intend to hold it at least another 2 years. Of course I watch it every day like all of my other positions.