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Thank you!
What kind of spam silliness is going on with this new person?
Shhhh. Don't share that with the bears whom think they can sway anyone on this board.
All of mine got loaned out on Tuesday. Today's interest rate is 4%
2nd highest volume since constellation deal. Amazing. No idea where this is from.
Wonder what the % for lending shares will be today. It dropped to 4% last week.
I suspected the next run would take us into that range as well. Prior to the constellation deal just given the historical information. I'm eagerly awaiting Germany news.
Higher low created on close. Lower high created at open. Think we flounder around here until Oct legalization area.
Curious buy volume on CGC after hours. currently at 44.60. About 300k volume so far.
It was oversold on technicals as well. Plenty were waiting to buy in. No one knows and close only counts in horseshoes and grenades.
Goodbye shorts. Thank you for the money. Thank you for playing.
22 was never going to happen.
Yeah I think we stay here for a bit. hugging 50 day.
well look at that bear trap. wow
*edit - rejected off 50 day. Let's see that get destroyed
volume is slower than yesterday. Bulls could stage a nice push if it returns.
Croptober is a great point. Seeing how much of that goes off storage will be interesting.
Just looked, you're right it ends Sept 30. Not Oct 31.
So we probably wont even get the delivery numbers for what already exists.
Now the question is, does the market wait that long to see the numbers or will we get forward guidance.
Nov fin should reflect Aug/Sept/Oct - So the fin will show the delivery yes but we all know about that. That's priced in. It's the initial sales numbers that will show a shine of the demand going forward beyond the initial delivery sales.
EDIT - It is up till Sept 30 not Oct 31. I made an error.
Look, I'm all for a healthy market by what in the world do you base 22 and 17 US from? It's hard for me to take anything said seriously when you throw those two numbers out.
If Canopy goes back to EVEN 22 it would break the multiyear historical uptrend that it ALWAYS bounces off which currently sits at around 25ish U.S.
Who the heck is going to sell all the way to 22 when after Oct 17 it's show me the money time? Do I think there will be a sell the news event? SURE! But no I do not think that Oct 17 will be the end of the run.
Canopy has earnings on or around U.S. Thanksgiving which will reflect about two weeks of rec legalized cannabis. EVERYONE will be watching that.
The margin is annualized. So it's not 9% a day. It's a year.
I'm ok with that =)
Just think it will pop then cool off tomorrow. We got rejected just off the 50 day and it also is the top of the ascending triangle.
We will probably pop in the morning then cool off. It is hitting 50 day and closing on the upper range of the longer term ascending triangle.
hah YES! I used to joke with my buds that I could make or break the day with my shares.
brother, remember the old days of 20k volume? lol now U.S. is catching up to CAD quick!
Volume volume volume
No, it's for him. That tells you how big the margin is to short Canopy.
I admire that Bruce doesn't even both talking about his "competitors" He does what every good leader does, just get the job done, Avoid the noise.
Nice find. I saw that in the long chart but it's too early for me to really look at it. So much can happen because we are in a rapidly changing industry.
Thank you!
Thanks!
yes, but it has to close above. THe close on the daily matters
If you signed up today and signed the papers they will put them out there tomorrow. Then it will be reflected if they are loaned out.
Also ascending triangle tightening. It's not quite a flat line. It's the upper range of the uptrend. A break out, as you previously described of this level, would make 29ish CGC be the next major resistance.
*edit* The 4 hour will be telling I think - it's clear high low/lower high scenario.
It just broke above major resistance and 20day. Now it needs to hold. It had a nice 5min candle (largest of day) too.
"I shorted at 45", sorry all I read was "I'm lying".
thank you!
I am not a doctor. I can only say that there is evidence to suggest certain strains given the THC/CBD levels show indications of treating depression over short and long term periods.
The criminal couple snowflake extremists. Do they even carry any weight?
An unregulated and unlicensed market is much different from a highly regulated and controlled market. Canada is treating cannabis like alcohol. Colorado does not have these controls in place.
Things like product testing to ensure no contaminates.
They always release around 6am then have the 8am meeting.