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I think that STZ is the best investment to be made in cannabis at this time, at these prices....the great thing about STZ is that is produces steadily growing earnings, dividends, etc....it continues to grow....and it is using those earnings and its access to low cost finance to invest in Canopy Growth at low prices, and buy back its own stock at low prices....
this is great management....buying up Canopy Growth Corp when it was $13.00 a share, buying a bunch up at $48.60....but the best is the warrants....this is beautiful, and you all don't even see what is coming, laughable - WEED will drop below $50 CAD in the future, where is the WEED at? Where you go to buy Weed in one week? Quebec won't be ready to sell me Tweed buds, will they?
Can I use my WEED money on Tweed next week, I am in Canada....it will be legal? How should I do that? My prediction is sometime in the next three week or even three months, STZ is going to outperform WEED....it could be legalization, the official closing of the deal, maybe a piss poor roll out of legalized cannabis across the board..
I get my bud from the internet already, cheap and easy - and all the dealers do it too, its this big vast underground network fueled by Interac and the postoffice and websites and emails.....strike down one and two more pop up, shut down one method and they invent another - black market is here to stay around a while.....
STZ is a solid blue chip dividend paying beauty that would look alright WITHOUT low cost access to more than half of Canopy Growth - STZ OWNS CGC, Canopy Growth Corp is a subsidiary!
got to love all those warrants, going to make STZ shareholders rich while diluting WEED....over the next three years the sharecount will balloon to over 500,000,000 weed shares....before a split....
i got out while the getting was good, still, I keep 1000 WEED shares for old time sake, but I love to see it's market price drop
no it is the cumulative return on investment, deposits don't effect that, that wouldn't make sense.....I think you are thinking of the balance - the balance is the combined effect of all deposits, withdrawals and investment performance...
the balance goes up if you make a deposit and it goes up if you have some ROI, goes down if you make a withdrawal - it is a very good number for measuring what it is you are talking about.....
the cumulative return on investment just tracks the investment performance while eliminating the effect of withdrawals and deposits and initial balance and all that.....that is why it comes as a percentage.....
I am already rich, i just got a job, I wanted something where I didn't learn french so I got a factory job, stamping fiberglass parts....repetitive and simple...something to do. i work with lots of people from Africa.....good people.....and I make $14.56 CAD an hour, and today I made over $6,000 USD gain on my STZ position.....money I have no reason to spend, so.... I don't know but I feel rich
to be in the top 1% world wide you need a net worth of over $700,000 and there will still be about 70 or 80 million people that are richer, I am not in the top 1% yet, but certainly within the top 2% i think, that is something to know, I want to know the cut off net worth for top 2% and top 3% world wide net worth, after my divorce....probably fall a few places on the ladder, you know
RBC just updated my performance, over 8000%, 80 bagger in less than 4 years of investing, all I need is another 25% ROI, call it 100 bagger, already doing good this month :)
Oh man, most my money is on STZ, like I told y'all....it feels good
Agreed, it all has gotten very speculative, it all comes down to estimates of future performance
The farther it goes above $55 - $60 CAD a share the bigger the reason to sell, and I would say the opposite as well, the lower it goes below that range the bigger the reason to buy. This is what I believe, and I have already made decent money using this as a strategy.
This is true, regardless of whether or not I am correct in my estimation of the value of a WEED share, it remains a fact that the return on an investment is entirely dependent on the price you pay....WEED may be a good buy at $70, may be that it will never justify that price with it's business operations, may be that price will seem absurdly high or low in the future....
but I do know this, $55 is better than $70 for buying, and $70 is better than $55 for selling - no matter what happens, that is true
just my two cents but I think the middle east and the money men should be investing in solar panel production from the ground up....the silicon - the cells, the panels, the deployment....the silicon is energy intensive process, everything else is highly automated technology - it already exists...
what you can end up with there is a solar manufacturing industry fueled by solar energy.....a solar panel will pay off the energy requirements to manufacture one in like 2-3 years or so, but they last well over 25 years, so you have more energy to run more factories - put panels over all those deserts, stop burning oil - there are no resource limitations, middle east has some of the best sun on the planet - they should keep the oil in the ground.
If a solar panel can power a solar panel production facility....and there are little or no resource restrictions....time we all cooperate and bring about the Solar Singularity, and it should happen in the middle east and Africa in my opinion. Ship that energy up to Europe, easy cheesy. Eventually fill the tankers up with solar cells and ship them around the world.....SILICON - I am sure they got that in the desert.
What good is money if you can't breath, capitalism is the biggest threat to humanity and maybe it's only hope -
Well I started with less than nothing about 3.5 years ago, and it has been trying times to say the least.....I want more, need another few hundred percent ROI to be a millionaire
Alright, I am.just saying that you heard it here first, been saying it since it hit $66.66 the very first time, since then I been really riding the waves, that beautiful stZ deal, you got to give me this one, I called it, we in the fabulous fifties again, living it
Oh yeah, that was a beautiful bounce...few more days like this and I will have some shares of Weed at my price
I doubt you will see $200 again, basic fundamental look at the share structure, earnings, dividends and the WEED deal....but we could always hope for the best.
My strategy with my STZ investment was that it would out perform WEED, and for the time I have been invested in STZ it has outpermed WEED, giving me an opportunity to come out with more WEED shares than I started with
I don't have a magic chart, so I don't know what is going up or down, but I try to know value, and STZ is a better value, although the disparity has decreased, it is all an estimate, but estimates make lots of money when somewhat correct
That is how to do it for sure, sounds good to me....I am always thinking about putting more money on CGC at the right price, for now I keep a 1000 shares unless it gets crazy, last time I had less than a thousand was at $70 a share CAD, because that is crazy
That is not accurate, he sold shares and warrants for the deal, to say the shares were worth $48.60 would be saying the warrants are worth zero, that would be saying there is a zero chance that $weed will rise above $50.4 for three years following the close of the deal.
Reality is those warrants have massive value, over $12 per warrants discount on the market valuation today...it's about $1 billion for the first tranche alone
I agree with this article, entire industry is over bought, even Bruce Linton has said it in his own way, he sold half the company for less than $48.60 per share......I think he got good value for his current shareholders
No shame in taking profits, it's a day of celebration, take the win.
It like sitting at the table, counting the cards, you are up huge, and the count turns on you. You pick up the chips and call it a night, live to fight another day.
I recommend STZ as a solid, blue chip dividend payer that has real exposure to any upside CGC might see from here..... perfect hedge, just my honest opinion.
https://www.moneysense.ca/save/the-pot-stock-boom-is-about-to-bust/amp/
it is really not that complicated, market tells you when to act - The farther it goes above $55 - $60 CAD a share the bigger the reason to sell, and I would say the opposite as well, the lower it goes below that range the bigger the reason to buy
my last two trades were selling 800 at about $70, and I bought 800 at $64, I put the profit on RIV (even though i think that was dumb, it could be fun, idk) I was going to go long with these funds, but it is just hard holding onto them when the price gets that high.....I want to sit back and be a long term shareholder but the market offers up these silly opportunities....silly in my eyes, I might be too conservative in my estimates for the price of WEED, but I honestly feel I am being generous
Friday....it is easy to dismiss someone with a joke. However, there are some valid concerns about what is happening out in BC. They have some massive greenhouses that they bought with WEED shares (otherwise known as your equity)
https://www.newswire.ca/news-releases/canopy-growth-acquires-outstanding-shares-in-bc-tweed-joint-venture-687383151.html
so I was thinking, how much did they pay for those glass boxes, wanted to look at it in terms of current share value, need the amount of shares, and I realized that on July 5th, they announced this deal, but they don't tell us how many shares for the last 33% - it is
has issued $374 million worth of shares in the Company to the minority shareholders of BC Tweed (the "Operators") based on the volume weighted average price per common share for the 20 trading day period ended May 11, 2018 (the "VWAP").
WEED went up 5.21% in September, from $59.64 to $62.75......if you have done better than 5.21% ROI in September with your WEED investing that means you made a positive contribution to the price discovery of this security. If you somehow made less than 5.21% ROI, well then you provided the compensation awarded to those who provide contributions to price discovery
or you are just putting lines on a chart, which does provide some entertainment value I suppose
your chart is a chart though, your lines are straight...I am trying to be honest and genuine but also pay you a complement
he is never wrong, his charts are always charts
Did your charts get you an ROI? How you doin? I'm well over 70 bagger status on the account I use
I think it is good we got the words 'chronic by dre' locked up, but it is not nearly as important as the time they were selling 'Snicklefritz'
if it were me I would call it 'Snicklefritz by Chris Gebert'
when prerolled joints are allowed? 'Cross joints by Seth'
man I should freelance for this marketing team, that would be the job for me, smoke weed and think of names for weed
STZ will outperform, I have been saying it since the first time it went above $65, and I have sold a lot above, I have bought a lot below. I am confident that my strategy will preserve that $70 a share capital I got from WEED and still gives me great exposure to WEED....if there is an upside, STZ is going to capture most of it - math - and if there is a down side STZ will most certainly outperform WEED - math.
The only way WEED could outperform STZ is if WEED does extraordinarily well going forward.....it would need to blast past $70 to outperform me, obviously.....and that would only help STZ.....
i think it is the perfect hedge, only logical way to play it, i am confused, amused and grateful for all the people that ignore the common sense. Keep the charts coming
So far, so good, from here, I think it will go down some more
Look at that drop at the end
for sure, we are definitely going to trade above this black line until we don't, which will most certainly set up another line, different slope, maybe a different startling point as well, keep em coming
I would say not many have done so much with so little for someone they despise so much.... except maybe slaves.....I am like a slave stock trader, fueling the battle against myself
I sold half below $5, I was in debt from all the buying I did under $2, I should have held the debt longer but I suck and yes MT was a good boost, nothing like the trading I have managed this year
I was hoping for $40 in five years, when it went above $5 it has been ahead of schedule, then it just blew right past it....been taking profit along the way yet still have more than I ever imagined
Oh for sure, for every buy there is a sale, lots of winning happening lately...I have sold a lot above the price it sits at this morning, at nearly every opportunity
to be fair, I don't anybody in their right minds dreamed of over $70 before legalization when it was at $3, this is crazy
this doesn't surprise me - I wouldn't rule out sabotage, i would consider it an eventuality in BC....and to pull off the type of grows they are seemingly attempting, you would think everything has to go perfect....
I think they are trying to grow too dense, too large an area....to grow like this in a closet or small environmentally controlled room is one thing ...if they cannot have a skilled grower inspect each plant each day....well microorganisms can get out of hand ridiculously fast - and it would be the preferred method of attack by any saboteur. some mold spores, fungi, pollen
Could be someone that works for WEED is actively working against WEED ?- In BC it is serious business, and it is a criminal business.....
This is very good bright side, i agree, when it was up around $70 a share I had a feeling WEED was going to go down, I still have that feeling, but STZ seems solid to me
You were close, less than 70 off, good attempt, thanks for the update, 1 million orders of medical, that is a lot of data to work with
supply management sucks... I think Trump is right what he is doing, you got to let Americans compete fairly, that will lead to the best outcome for the world....it isn't fair to the farmers that make Cabot Cheese or Beamster .....because they buy vehicles with Canadian car parts in them, they are shopping on the world market, but their produce isn't really on the world market....
I am lucky my dad lives in good old tax free New Hampshire and comes up often see the kids, I have my Cabot Extra Sharp Cheddar in the fridge....there are ways.
All in all it is good to be in Quebec, socialism certainly has it's advantages as well, but to also be on the Toronto Stock Exchange and to have access to better information than the average Quebecois, which I am certain that I do. Investment doesn't count as income, biggest scam the rich have ever pulled, might as well get in on it. In the land of the blind the one eyed man is king.
I think it would be very interesting if they somehow dismantled supply management, anything that would hurt the economy around here and drive housing and land prices even lower is something i would like to see
Canada is actually bunk though, where I am you need a license to swing a hammer. There is a dairy cartel, can't get that Vermont Cheddar my friend, what is up with that? They make this cheese curd stuff, which sucks, Quebec cheese just sucks! They have a maple syrup cartel, they have a lumber cartel up here where I live. Seriously, if you had a piece of land with some lumber on it, and you cut it down and stack it up and call the trucks to come get it, well did you buy your quota from the gang? Lumber mills don't pay unless you bid on quota, I don't even understand it all, not like they are transparent about the operations.
I am from New England, I like my Cabot cheddar....they say this supply management thing they got going is great for the producers....only problem is I am the consumer and I sucks!!! And I got to get on the list and win the lottery to become a producer??? Seriously, you need a license to be a carpenter....
Seriously, I would love to invest in a big piece of land out in the middle of nowhere because I don't like people, but the land would sit useless unless I went through one of these middle man operations....In Quebec the government is actively looking for ways to keep me from being productive, and at the same time pay me to be unproductive.
One of the reasons I got into investing, don't need a license to do it. Canada couldn't compete with USA they way it is organized.
well you need to contemplate the share structure before and after the deal.
it is all about the warrants....at this price CGC has a fully diluted market capitalization of over $30 billion, STZ would be paying $10 billion for about 50% of it.....over the next three years of course, they don't need to pay all of that up front...
i mean if you really think this stock is going up from here, that it will be far more valuable than $65 a share in 2022, well STZ is going to reap most of the rewards off that for sure....and if it goes the other way it certainly doesn't hurt STZ as much as it hurts an investor buying WEED today...
STZ is a great way to be invested in WEED right now, but a hedge against all but the best case scenario for WEED
it is all about the warrants.....this is just rough estimates - but I figure every STZ share has access to over $85 usd dollars of WEED stock (1.7 shares) and it's cost in total would be less than $60 USD per STZ share to obtain them, the majority of which they don't need to actually pay out until 2021.
This is just how I am choosing to look at the situation, I like STZ far better than WEED right now, I predict that STZ will outperform WEED over the next 3-4 years
Pending shareholder and regulatory approval, the deal is scheduled to close by the end of October.
But the investment, which the companies said would be “the largest to date in the cannabis space,” will apparently draw scrutiny from the Canadian government as well.
“We can confirm that U.S.-based Constellation Brands Inc.’s proposed investment in Canopy Growth Corporation is subject to review under the Investment Canada Act,” said Hans Parmar, a spokesperson for Innovation, Science and Economic Development Canada, in an email on Friday. “The proposed acquisition, like all foreign investment transactions, will be reviewed on its merits based on the overall economic benefit for Canada.”