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just picked up more at 27.6....I now have over 1000 shares of WEED! Gimme some more!
what is happening right now? I just don't understand it!!! Why are people selling this under $28 right now, when they could have sold it earlier in the day for more money.....
there is something wrong here, somebody is getting bamboozled
looks like it is working, what you call clonk I call selling my shares....just bought another $10,000 chunk back
can't wait until 3, the magic hour, should have, but just can't do it
belongs here, this is about the Canadian cannabis industry...satire is a method of communicating ideas
https://verp.ca/2018/02/07/dip-in-weed-stocks-the-perfect-opportunity-to-double-down-says-expert/
Oh snap, I see red! blood in the water boys!
I just bought over $10,000 worth of WEED stock, again..... as she goes down I will pick em up again
she'll go down, stupid prices, retail investors are getting clocked, weak hands are shaking, sellers are running the joint right here, milking the teets of the working man on Bay Street in my opinion.
Could go either way, but those fins are going to be trouble, every few months management needs to remind the market that there is very little current book value, no operational earnings, and massive cash burn.
WEED loses value while turning cash into inventory....and even with accounting for inventory at market price.....they burn all that on operating expenses...
well I am out again, I no longer hold any WEED shares, was a nice investment while it lasted this time, short and sweet, see you all later
I don't know, anyone here planning on selling @ open? This trading thing trips me out, sheet, I want to invest, figure I could get some nice decent returns slowly, but the market comes at me like - have it all in a day instead....
I am just sick of refreshing my order, checking the price, worrying about what it will open at.....I think it gets on my nerves....I take care of my daughters all the time, seriously all the time, but right now they are with momma, but I keep thinking I hear one of them upstairs in her crib....well like any little sound and my attention goes immediately to where my daughter normally would be....
I got to go work out today, do something....can't wait for this thing to open
i sold my babies!! I love this board!
I am glad they found a nice home! I miss them, but I know I am not a stable caretaker and I am happy to know they got lots of friends to play with now, I know you will do what is right for those babies.....a good stable home to grow up in.....sniffles
I absolutely love Justin Trudeau.....whenever I am out and about and I talk about cannabis, and people kind of raise their eyebrows, like 'whoa, this is a nursery school buddy!' But I tell them JT said it was ok, it is for the children!!!
I love how cannabis legalization is for the children! Honestly it seems that some children, like mine for instance, will benefit much more from cannabis legalization than the average child....but who cares, right? My daughter is off to her private nursery school, in a safe decent car - thanks JT!
and that is what I don't get about these Senator clown people be talking about, do they not care about the children? Do they have any idea how many children are getting high off illegally sourced cannabis right now? It just drives me nuts!
Only way to get the gradeschool kids out the drug game is to take away their supply of lunch money, and the only way the government is going to get that done is by selling their parents $10 grams so they don't have anything left for Joey's lunch fund.
Really simple, protect the kids and get money out of the hands of Canadian consumers, put that money in corporate bank accounts - protect the kids
I love my WEED, sometimes when you love something, you got to set it free, if it returns to you, it will be yours forever.....
but I am going to keep 1,000 shares locked up in a cage anyways, because I love them and they love me and we don't need to test it or justify it, OK?
I don't like it, they say July, they say the Summer, Senators are not talking about delays, they are talking about voicing policy concerns....
government doesn't have the regulations set out yet, we don't have a true start date, the bill has not passed
with the way the markets have been acting lately, I wouldn't be surprised at another decent pullback
Great day for CGC trading....loving it.....SpaceX Falcon Heavy is going to launch in 15 mins, could be an important day for our species
more like the cannabis plant is going to make THC, CBD and all other cannabanoids cheap.....
you know what the difference between hemp and cannabis is, nothing....just different strains of the same species of plant....you can breed them, where one grows so would another....they are equal....
THC is the big bad molecule! Got to keep it indoors and locked up, for now....
it was $25.99, the last sale anyways....it is just a piece, I still have a few thousand shares as a long(er) position....it really depends on the market whether that money is invested in WEED or not, got another buy order in at $23.99....
the lower it goes the more capital I will employ, the higher it goes the better my house and family finances get, really that simple
I got things I want to do, I got my girls to take care of....I am taking care of an infant, making money on the stock market, and learning C# ASP.NET....I am going to just keep my head on my shoulders, keep studying, I am determined and will not stop....
honestly I really wish CGC would go up beyond my expectations and stay there.....so I didnt check the price all the time. I need to eat something
well I don't know, but I figure I am going to buy if I think it is good, I am going to sell if I think it is good, if CRA wants to tax me they can, better to make some money....might as well do it in my TFSA just in case.....
I didn't try to trade! It is just the market filled my orders!
whats that, I see some low ones from a search just now, $18.50?
https://www.cantechletter.com/2017/12/canopy-growth-corp-will-control-20-of-the-canadian-recreational-cannabis-market-canaccord-genuity/
a lot of analysts think this is fully valued as is.....or am I wrong?
no way DB! did you buy my $25.99? that is so sick! I wish them the best and brightest future imaginable! I don't even want to be playing this game, but I got to...
made $2200 tax free cash profit with capital employed of $7000 in literally 24 hours and 10 mins....will take longer to withdraw it than it took to make it
I need that money! Shout out to Martin Landry and all at GMP! Killing it!
https://www.cantechletter.com/2017/12/canopy-growth-corp-gets-price-target-raise-to-24-00-at-gmp/
Just sold that chunk off at $25.99, thank you Mr. Market
sorry for the confusion, i am just saying that 'canopyventures' https://www.canopy.vc/ probably has nothing to do with Canopy Growth Corp as far as i can tell....
it is not on CanopyGrowth.com
checking sedar.....can't find it, good catch Wo, you ought to ask investor relations about it
double digit tonnage brah!!!!
Q3 is the biggest production quarter we got, Q3 starts with Autumn at the farm, Croptober....last year I believe it was 7 tons. a ton is 1,000 kilograms or 1 million grams.
people here talk about 100 tons of sales, but where is that cannabis going to come from. We would need to be putting up 25 ton quarters.....so far the largest I have seen is 7, last quarter it was a dismal 2 tons!!!!
How fast will she evolve, execution will determine everything.
Q3 is October, November, December.....
I am not expecting much in the way of increased volume of sales, but I am hoping for increased sales price per gram as more oils enter the sales mix.
Revenue must always go up, obviously....
but the absolute most important part, is production of cannabis....Croptober at the farm...that is really what matters....it forms the basis of everything, it sets gross margins....if there is to be any earnings they come at Q3.....
and it comes down to this, anything less than 10 tons of dried cannabis production, 10 million grams, and I am disappointed. That is the last big crop before legalization and will form the back bone of inventory backlog going into the summer....some of that cannabis should still be moving the the processing pipeline as we trade this capital....
I mean at some point Canopy needs to step up and show us the tonnage - looking for double digit tonnage brah!
it seems to me that the market is trading around the $24 price target set by GMP....buy under, sell over, make money
no good buying this stock over $24, but if you really want to, I got some for you Mr. Market
that is an interesting perspective. Yesterday I bought some at $21.6, sold it at $26.49, and bought it back at $23.99.....got a sell order in for that equity at $25.99....like all orders that I input to my brokerage, I hope it fills
this is crazy amazing volatility for such a sector....$44 to $21 - representing billions disappearing in a few weeks.....it is beautiful!
Seriously everyone - this thing was at $44 not too long ago, it was below $21 this morning - that is a beautiful thing, some people out there are making some serious money, other people might be losing serious money, it is capitalism at it's finest....
These are the very best of times, all should rejoice! Capitalism will reward those commensurate with the amount and the skill at which capital is employed.
Really that simple, ROI is a function of price paid and the value of the asset that is bought. Price is what you pay, value is what you get.
Intelligent investor buys from the bear and sells to the bull, long term or short, if you are actively managing a portfolio that should be the goal or, well, thanks for showing up :)
the best solution when entering into a discussion or debate is to ignore anyone with a different opinion until you are left with nothing but reinforcement of your own....it is comforting and sweet, like a warm fuzzy blanket of protection, reality can't hurt you inside your blanket
You know right now this thing has well over $5 billion dollar market capitalization, interest is on the rise, dilution is built in, has no access to debt financing, dozens of direct competitors, burns cash storing up inventory....legalization remains a certain catalyst long term, but questions remain as to the timing
still a speculative stock, got to pinch the tip
any of you thinking it would be kind of cool if it went down below $24 again? Just a little bit, no harm long term you know....doesn't really matter to the corporation at all....
what did I say? I love Canopy Growth Corp, this is a banger corporation going to sell cannabanoids all over the planet.....Coca-Cola of cannabis, I like to buy low and sell high, hope everyone is having a fantastic day.
only stock I own, I am long, buy and hold for some period of time....that is investing
peace
WEED is getting it's tip pinched today, that is for damn sure. Praise be to all that pinch the tip
bought at $21.60 - sold at $26.49, this morning, just a piece of my portfolio, - done and done. thanks market.
remember to pinch the tip
wait, what - market going the other way on me? WHOOHA - got you all in check! No other way to describe it, days like these are like crack....I am simply on crack right now!
I feel like a ninja tiger monkey with wings right now! I still have a lot of money out of WEED at $30.69 right now. I paid a lot of bills and crap, went on a ski trip, got these new stairs going in, actually I got a contractor coming over in a few about the addition.....I got these bonds who knows where WEED will be in one and two years, but I know where that money will be ready for an opportunity....in two tranches Jan '19 and '20.
I got to get ready for George my contractor dude...
Dollar cost averaging, buy and hold for years on the WEED = fat bank
it was a rush, and I am still feeling it.....seriously it is like a drug for me.
keep hitting refresh and modifying my order, in the end I always seem to pay more than the low, I tried keeping up with it and got it at $21.6 - I don't know if that is good or bad, but I liked it!!!
Are you loving it though? You feeling it!!!! I feel like I saw it coming....only issue I have is I played it too safe, dumped it all a little too early, started picking it back up a little too early....but it is always so nice to do a little better than the next guy.....thank you market!
It is gadamn beautiful is what it is!!! I SEENT IT!!!
is it going to open up at less than 50% of it's all time high, I sure hope so!!! Come on WEED!
Yep, grabbed some up at $21.60. -29.6 percent off my sale