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Welp we will all know for sure tomorrow early morning. EST.
Yup, all these estimates are with Canada alone. I'm more excited about Germany and subsequently the Eurozone.
I'd like to understand if you see market cap as being too big valuing it RIGHT NOW or 1 year from Now. Because if what Bruce is saying on multiple interviews and on the conference call yesterday; expecting 200mil a Q - that makes it 800mil a year in just Canada. That makes the market cap under a multiple of what a fast growth company traditionally be at.
That range right now is so tight. Break either way should arrive soon. Obviously I hope for up but I really have no idea with this awful volume.
Thank you for the heads up. Always good to see your posts here.
Yup. I have a feeling MM are controlling for OPEX for this Friday.
Just awful volume for an earnings day. Guess techs are ruling the day once again.
thank you
No idea. He said keep an eye on that. Either way it's good for us shareholders.
Bruce said Canopy Rivers public filing around July. =)
Canopy named dropped in hearing lol
My favorite is to buy that black market booze.
Makes sense, wonder when the legalization wave will hit there.
What's your take on Brasil for Cannabis growth? Do you feel good, neutral, or like me question the strategic move here?
I'm reading through it now. It seems there is a consensus that Germany will be ready to announce licenses in March. I don't know how I feel about Brasil's plans - as of right now the only legal delivery is through a spray and I don't see much in the way of demand for that. I wonder what Bruce is seeing that we are not.
I'm excited to see how the Vert greenhouse turns out, once we know legalization date I'm flying up to visit the facilities.
Thank you for sharing.
LOL Where did these prophets come from? If that scenario ever happened I would sell everything to buy. The legalization wave isn't changing. The market is only getting bigger. lol.
I'm shocked how well this held up given broader dump of the market.
Interesting how this will play out. I suspect we follow the broader market moves.
Finally looks like a higher high and higher low on daily.
So a reverse bonk, lol.
I'm also questioning if SPY bounces today as well. Thinking of some calls on that near open.
pretty much agree there.
My crystal ball says - Flush at open followed up hard buying. Just like last Friday.
Yeah, nothing in the transcripts made me question the target dates.
Yup.
Just more of the same. We have all been here before with WEED runs and corrections. We will probably consolidate for a few months. It could indeed move to mid or high 20s slowly before we run again. Volume will continue to slip and then the pop will happen again and move us to 60+ - That's how I see it. That;s my crystal ball.
Have we heard if c-45 will be debated?
Broader market bears are so happy to see red finally. I say buy the dip. Let's see if we hold above 30.73 for a higher low or if we end up breaking down. I have no idea.
It's possible we break to test 30 again but it's proved reliable. 4 bounces off that area. Losing that and then longer term uptrend may be at risk. It is what it is whatever happens. =)
Keep it Simple - We are building higher lows and lower highs on the daily and weekly. Volume and price all point to consolidation. We have bounced now 3 times off the 30s area with good volume. If you follow this stock you know this isn't unusual. There is zero reason for the sector to be bearish now and the only argument I can find is IT'S OVERVALUED. It's the same argument I hear about The broader market. IT'S OVERVALUED. Call me when yields start nearing 4% and I might start agreeing. I'm not a perma bull, I go where the signals send me - it's literally no sweat off my back to have to sell Canopy and move away from the sector if the signals are there, which they are not. The market hype for WEED isn't here yet, when I start seeing kids walking around the University campus talking about POT stocks like they do Crypto now and Grandma/pa asking about POT stocks THEN it's time to consider it's in the bubble. Calling a bubble now is ridiculous when we haven't even seen rec sales. .COM pop'd when earnings didn't grow as fast as predicted.
What's going to happen to this stock when the first of the major banks start covering the stock? Did we forget BoM? =)
Yes, but I'm looking for is to keep Fridays low 30.73. If it doesn't hold that I become concerned.
29/30 builds a lower low and is a red flag for longs (Unless you mean TWMJF). Given the bullish sector and trend I do not see this. I'd look for it to build a higher low to exit the trade to be safe.
Even if this pans out I doubt it includes craftgrow and canopy rivers. Only because we do not have those numbers.
Thanks set my limit to sell at 2.00. 1.60-2.00 a nice gain. Not get too greedy.
My game plan is we build a higher low. Last price was 1.80 for those contracts. I placed my order for 1.60 based on premarket and will adjust my order accordingly. Looking for a quick swing.
I set up my limit order to buy some FEB18 calls on MJX to play the bounce. I suspect a flush at open followed by a hard bounce.
Welp this is a poop show today. No bulls.
It will go green. I don't trust morning action.
We havent seen four consecutive red days in over a year. I doubt we close red today.
Aurora is a poorly managed company that will burn shareholders eventually. This will not end well.
Aphria is good but I avoid them because of their U.S. exposure. That;s just one of the rules I have for this space. I am a stickler for my investment rules.
Canopy continues to prove my thesis correctly and the rest of the sector benefits from it.
They are barking up the wrong tree. lol This is nothing. Poop volume nothing move.