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sounds like:
- he sold at 4
- watched it go a lot higher, then chased it to get back in
- stock is now lower than his 'chased' buyback, he's running out of patience because he was really counting on q4 for a pop,
- it didn't so now he's butt-hurt and emotional about it, trashing the stock
...nothing new, just the typical retailer impatient investor cycle. hopefully he sees the light and comes back around, he did have some good insights at times.
Yea, and Shopify is worth $120 a share, 12 billion market cap, has essentially one product, and does 95% less sales than CTC.
So whats your point? LMAO indeed - at you wasting your life talking a company down on an online message board for 3 years without any position. Bitter bitter man you must be, poooor Awesome, out of business washed up MMar grower. wahhhhhhhh
yup.
"about tweed not being a significant brand at this point"
Yes that's what we were talking about. You specifically stating they were all the same, and no one had the advantage, as illustrated with some dog race comparison.
I think you're blatantly wrong, hence my saying believe what you want, but in any event..
And I bought more shares in the 7.40's.
so what? we were talking about the company i thought.
"and tweed is on the same level in this regard as all the others"
Keep telling yourself that.
x 1000.
just wow
"I would suspect everything that is ordered, is included in these numbers, Fertilizer, nutrients, lab supplies, and even offices supplies,"
And I would suspect that this sort of ineptitude is exactly why you don't make money in the stock market - re Canopy et all.
WEED has been stuck in the orange channel, which has defined the action of the stock since the break into it November 14th. more than half a year in this channel. But, all things come to an end.. weak hands shaken, early players taken profits, forced out (chuck).
i'm becoming more convinced the 7's will break this channel and take weed to a new one.
https://www.tradingview.com/x/qMovoqjs/
no i'm with you. the 7's are going to be very strong support. depending on todays close, we might have two consecutive engulfer's out of the lows
haha i think we both have an idea don't we Brown?
does that link work?
also picked up the 61 Fib quite well the last 2 days. and held it last time too, more loosely tho. higher lows.
my thoughts.. seeing something similar. there is big support at old highs. thick black line
https://www.tradingview.com/x/z5HDAc20/
i don't think there has been any time ever that retail gets to book the profits and sell out so big money can hold the bag.
since the beginning of time it has always been the other way around. Of course canopy ownership had to get more distributed to larger players before the REAL moves higher, that's the way it always has to be. Over-leveraged retail has ran huge backswath through key levels and i'll admit i'm not sure that funds are done with them yet.
so it was always a question of how low they would shake it go get those positions, and, have they got enough yet. My next buy is 6.01, kinda hoping we don't hit it, but we'll see.
"Cannacord: UP 760,000 shares."
what a surprise
to push everyone out into the losers, 2nd rate co's so they can load the leader.
Should give the folks a Canaccord a pat on the back, they're doing a fine job.
It sure will be a joke when the 13 f's get updated and we see a big move up on inst. ownership.
Maybe just a joke those who sold won't laugh about.
I'm laughing, managed to get me some sub 8 WEED. Didn't think that would ever happen. Well done algo's...
...did the retail ownership base on this stock think that the big boys would politely knock on your door and ask for your shares? i've said that time after time. Sure enough - panic sells to 7 bucks just as sales and operations ramping up lol. old as the hills this stuff.
it's called booked sales.
have you seen orders? Yea, that's where it went.
but did it all get wiped out?
how much..? where you you get 'all'?
and, what of continuing harvest and grow space which had already been increasing at MT also?
Nah, discount er all eh boys?... 430mm for a donut, yeah that's how it works.
i should hope so, we did pay 430 mm $$ for a weed company lol
is that a joke?
qoq is massively up
yoy is even more massively up
Trade thoughts (chart) i had
https://www.tradingview.com/x/AkPqJMnZ/
so what do you think people are going to be lining up to buy in 14 months? dogfood?
Oh not at all, i just get carried away with this stock. I'm in Seeking ALpha if anyone goes there too. It's the only long equity i have left, other than a gold miner. So WEED.to is the only bright spot i get to cheer about anymore lol. Other than that i'm routing for a big correction to fill out my Naz and TQQQ, other put spreads.
oh... well then lol. (*slinking away with pom poms at sides..)
i don't care if they're selling $20 pet rocks lol
$20 or $40 for a shirt x 10, 15000 orders.. who needs weed!
I don't know what the margins are on that kind of stuff, but what do they have invested... Sweet FA
It's pretty clear to me:
they are herding retail out of Weed and into all the other garbage outfits....so institutional money loads up.
they're based out west and backing ACB. backing the wrong horses. Clowns like John fowler running pump and dump garbage outfits.
"he is not right.....there is no capping mechanism for the TSX Composite Index"
but that's what i was saying though, exactly that.
that there is no quarterly re-balancing of components that increase in market capitalization, into components that havn't.
That's why component have gotten to different weights - they got that way because of their growth to that size and weight relative to the rest of the components - in the real world too - as the index strives to replicate in its prospectus.
Hahaha Alrighty! youre on!
i might not be up still but i can catch back in with ya tomorrow
Now now, you shouldn't quote out of context MMPR ;)
just messin, but take a look what that section is under:
Eligibility Factors
Market Capitalization. To be eligible for inclusion in the S&P/TSX Composite, a security must meet the
following two criteria:
1. Based on the volume weighted average price (VWAP) over the last three trading days of the
month-end prior to the Quarterly Review, the security must represent a minimum weight of 0.05%
of the index, after including the Quoted Market Value (QMV) of that security in the total float
capitalization of the index. In the event that any Index Security has a weight of more than 10% at
any month-end, the minimum weights for the purpose of inclusion are based on the S&P/TSX
Capped Composite.
2. The security must have a minimum VWAP of C$ 1 over the past three months and over the last
three trading days of the month-end prior to the Quarterly Review.
>
<
>
Again, there is no commentary here about adjustments for market cap changes once the security is added and after its 'base date'. It just wouldn't make any sense for how we know index work. some compenents are a lot heavier weights than others, and have developed that way as they have grown.
Apple and Amazon didn't always run the Nasdaq, back in the 90's many other companies that are not even around anymore carried that torch.
I figured you were going to quote that section, and assumed it was the source of confusion.
" adjusting the divisor for all
changes in the constituents’ share capital after the base date."
Not the same as "market capital"
This is primarily used for adjusting for splits. Remember the index works off the nominal price data.. hence all the buffer rules, and companies reverse splitting to try and stay on indices.
"market capitalizations change so every quarter the index is rebalanced - "
respectfully, i think you guys are misunderstanding this.
The index does not reduce or increase exposure weights each qtr due to any market cap changes in general.
From what I'm reading, it's jsut like the S&P - It only adds or removes components that don't meet continual listing requirements in the index (usually volume or share price requirements are the biggest items affect companies listings). Or replaces them with more suitable alternatives.
Yes, this is the result of their market capitalization dropping significantly... and then being removed from index. But the weights in the index they take on, after added, are not whittled down each qtr, or increased until the component drops below the buffer (6 month eval period).
But lets think think about it right? - if the S&P or TSE did this, they would always have a continual downward movement bias as many more companies are removed vs stay on the index over time. It would result in the index always reloading out of winners and into dogs. But this doesn't happen because we can see that different components pull the indices - like apple and amazon on the nasdaq vs other companies 'pull'...
they didn't - or couldn't rather - get this effect if we reduced those companies regularly as they rose.
that's not how it works on the DOW or the S&P.
i'm not sure about the TSE. EDIT: but i would expect it's the same.
>>" occasionally, I think, if a component company (or industry) becomes over weighted, they may "rebalance" to reflect that?"
Thanks MMPR, i hear you to some extent as i'm long and essentially only adding at this point anymore. Maybe i should be happy - give me another swing at the single digits again maybe heh.
But worries, that's what boards are for! enjoy the day
https://en.wikipedia.org/wiki/Wash_trade
wash trade (not to be confused with a wash sale) is a form of market manipulation in which an investor simultaneously sells and buys the same financial instruments. This may be done for a number of reasons:
To artificially increase trading volume, giving the impression that the instrument is more in demand than it actually is.[1]
To generate commission fees to brokers in order to compensate them for something that cannot be openly paid for. This was done by some of the participants in the Libor scandal.[2]
Some exchanges now have protections built in, sometimes mandatory for participants, such as STPF (self-trade prevention functionality) on The ICE.[3]
"i don't think there is anything corrupt or wrong when it comes to index re-balancing front running"
You've never heard of washed trades? front running is fine if they do it at the ask, like everyone else.
Ever put in a bid order in one account and a sell in another? No you probably don't, you know why? you get a nasty letter from your Broker's legal dept warning that your account could get seized if you continue doing this.
I found out the hard way with some dead low volume venture play i was trying to sell out of my tfsa to take the tax loss a few years back.
But you've got to be kidding me if you don't think this is commonplace in the big boys world. Buddies funds scratch buddies backs all the time. We all know this, the number of settlements on fixing scandals since 08 is laughable, yet not one indictment.
How about this... All of these funds currently don't own this stock. Let's not call it re-balancing, or index updating, or whatever, and call it what it is: buying the stock.
So why don't they have to buy the stock at market like everyone else - on an honest ask. Do You really believe that 5mm sale was an honest trade print MMPR? The shares are were never at ask... less than 3mm traded whole day, so where'd they come from?
and just coincidentally the last session before the funds would have to buy next week. wasn't born yesterday lol
Hey Awesome, this is for you bud ;)
"“On the positive side, Uruguay has legalized marijuana, and the country hasn’t collapsed,” says José Miguel Cruz of the Latin American Marijuana Research Initiative. Yet, he says, “the problem in Uruguay is that the government is regulating absolutely everything.” Citizens are permitted to grow six plants in their homes or more if they move their plants to registered “cannabis clubs,” but Cruz says, “They don’t want to grow it. They don’t want to join a club. They just want to get it.”
And get it, they do. Police are seizing almost triple the amount of black-market marijuana as before the policy change—last year, the equivalent of about 13 million "
Macleans on friday.
Sure, heard the same thing about Beard Brothers. I'm in Ontario and somehow their non-profit 'co-op' weed makes it out here into my buddies' hands every week. The ridiculous liability release labeling they put on it - about it all going back into non-profit - wink wink, nod nod - LOL
What a load of crap.
Its a lie, and you know it, I know it, and so do cops and rest of Canadians.
And speaking of the rest of Canadians,
"Safest meds is the ones you grow for yourself"
... yea cause millions of Canadians all have time to get lights equipment ect and grow dope. You are so far off the reservation... but it all makes sense why you missed the Canopy train now. Couldn't see the forest for the trees (pun of course intended). Get outside that little block of yours, big world outside the grow-room Awesome.
"when Cannabis Culture reopens after every bust, please tell me"
yea, those days are numbered pal.
Can't wait to see you get shut down for the criminal you are.
Awesome thanks man.
You been here long?
oh yes? may I ask what was the news?