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We have 3 more hours till After Hours. Hold your horses. This is scary. Game Stop dropped from $149 to $60.. it's over $300 today. Calm yourself.
it's good. 1000 share.ask.&.bid.allday on both sides. Just sitting there.
They are manipulating the bid.
I have been just looking at it all day just sitting there like a buffer on my Level II.
It's BS
Just make sure you have a position after the market closes.. The manipulators can't do shxt when it is before or after hours. Hold till then. If you made money,,, you don't want to miss the move like it did yesterday. Over 200% Shorts gonna pay..
They should have given us that $2000 stimulus check.
#SaveAMC
#SaveAMC is trending #1 on Twitter. PPL are posting pictures of their buys. MOON GUYS.
ppl
They want to Jail People bc Shorts losing.
They are driving the price down so they can cover or we would be at $35 right now.
Hold your positions..
This was planned
Get you some.. LFG
This has a low float too as compared to GME.. If we get volume, this thing takes off quickly.. $100, $200 could come fast.
To crush financials, this has traded like a duck since. Low volume. No interest in a good company. A company with iffy financials and never made a profit, 25% per day for no reason.
I bought a few mill at 0001 just to park some money and hope. With some volume, this could run. Just saying. We hit 3's organically. Maybe people will just come in and buy off the momentum. I'm not mad.
WOW 3's? OK.. To the MOON!!!
JP Morgan kneecapped the entire sector. That "evaluation" was probably requested by some short seller who got killed thrice on positive PR's and had to cover which only helped boost the stock. Now JP comes in with the cold, wet blanket, to try and smother the fire. WILL IT WORK? We will find out if this jumps on Wednesday or not.. Screw JPM and their opinion. They released fins today and beat estimates and their stock was still negative. WHAT THE HELL DO THEY KNOW? Take the rafter out of your own eye before you try to remove the splinter from PLUG.
ENRT used to be a Marijuana stock? Now it's a lithium battery mine company? Please go back to MJ.
PLUG has been the leader w/PR's, time to drift off $FCEL. $FCEL has an Earnings call on next Thursday, the 21st, at 10 AM EST, The sector can run on good news if they beat expectations. This will pop Wednesday just on Biden being sworn in with no incidents from the opposition. So that will be two days of gains if everything goes correctly. Just saying. Load the dips and hang on. Short sellers are getting murdered.
Been wrong for a long time.. Just saying..
"Going lower it was over priced a five dollar stock .. need to show revenue " 7/28/2020
I.got.88.followers.out.of.the.ether. My account is pretty dead. Not a popular guy. My trades? Nah. You'd be broke. It's like 88 people standing behind a chain linked fence. I CAN SEE YOU. DA FACK is this?
What is new with ACB?
So did lots of people lose lots of money? That seems extreme.. should chase away a bunch of investors.
Wasn't this stock .64 cent a week ago? What happened? RS?
this is in free fall territory
Voting "HELL NO" on authorizing 50,000,000 shares.
I been holding these shares for years. No one is getting them for free or paying someone w them. I should be on the board. Does anyone know these people who we are supposed to vote for on the board? Or will I have to do my own DD and figure out who each person is(rhetorical)?
This was the best reply to my issues that anyone has given. I am not AGAINST WEED/CGC but rather trying to take a realistic look at what is going on. I would like to see constellation buy Canopy outright and run the business under the Constellation umbrella and that would stabilize the stock and make it less susceptible to manipulation and shorting.
Does anyone see WEED/CGC north of $70CA/$50US? Honestly?
I doubt it. I could be wrong but doubt it.
All those people who bought at $70 to $55 CA or $56 to $46 might just
be permanent bag holders, sorry to say..
Cool Story. I'm just stating facts. Not trying to give advice to sell. Just asking questions and stating facts. Why would a person invest in this now when the stock is in the hands of manipulators? Unless you are a swing/day/or short trader, why would new people choose to invest in this? There is little to no upside. They will never let the stock run and when it does, it will be a massive pullback just like the 50% drop over the last month.
You really can't say that I'm wrong bc if the stock was stable or had any stability, why would it drop almost 50% in one month? Having one bad quarterly report doesn't cause a commodity to lose 50% of its value. You would think that half the facilities got caught in a California style type fire to cause it to drop that far. You got fat cats and day traders and folks who have seen this party 100's of times before, massively shorting on any uptick.
WEED/CGC won't be stable or hold its share price bc people still see MJ stocks as an OTC get rich quick scheme and although Constellation invested 4 billion into it, the stock price will be sold on news and shorted heavily after that. Unless CGC offers a dividend or Constellation buys them outright and puts CGC under its umbrella, this stock might hit highs now and then but will never remain stable. This will be a day/swing traders dream and a haven for shorts. I mean really... What do you have to gain by holding CGC for any extended period of time?
In for more pain w/WEED/CGC. Nothing to stop this from ending up under $10/share $US.
Welp WEED/CGC had a good ride up. Look out below. This will never hit its highs again IMO.
It would be a real shame if the very first fins after going live, WEED/CGC can't get over the hump and hit some good numbers.
Is CGC/WEED your hill to die on?
and Why? or Why not?
Premarket down another 7-8%.Let the slide continue.
Looks like Constellation is gearing up for a buy out of Canopy. They just hired Goldman Sachs and looks like this orchestrated push to drive down the pps of Canopy is a ploy to get CGC for as low a price as possible. Constellation is selling parts of their wine business that accounted for 38 percent of their business and shifting to marijuana infused drinks. What we don't know is what the hell kind of prototype product did CGC show Constellation for them to jump in with both feet. People who are listening to this news, "technical trading" and opeds from these people laying the groundwork for a lower pps, will be kicking themselves. Constellation is going to replace wine w marijuana infused drinks. Constellation offers a dividend. Hold your shares folks. CGC will be grafted in to Constellation. IMO
https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2018/10/22/corona-brewer-constellation-seek-to-sell-us-wine-brands-sources-say.html?amp_js_v=a2&_gsa=1&usqp=mq331AQECAFYAQ%3D%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.cnbc.com%2F2018%2F10%2F22%2Fcorona-brewer-constellation-seek-to-sell-us-wine-brands-sources-say.html
I'm in my 40's and I remember having discussions in college with the "weed smoking crowd" for hours on end about marijuana legalization. I have not smoked marijuana since 1995-ish but it has taken literally 30 years for legalization to happen in Canada. The U.S. is probably 5 to 10 years away. That said, This is the ground floor of the end marijuana prohibition. This is a beginning. T
The people who own CGC and WEED now, If they held their positions, could retire off the gains in 20 or 30 years on a 10k investment. CGC will eventually be bought buy Constellation STZ at some point. Constellation put up a chart of a 10k investment from 2008 to 2018 and it was worth 160k in 2018. This is one of the best companies to own at this stage in the game. Real Company - Real Product. Panic sellers will lose their shirts and then lose again when this runs back up.
This-is-a-bad-day-for-CGC-and-WEED. Take the good w/the bad. Shorts have won the day.. for now.
Colorado just surpassed 1 billion in marijuana sales. This is a canary in the coal mine. https://www.google.com/amp/s/www.denverpost.com/2018/10/18/colorado-cracks-billion-marijuana-sales-record/amp/
If you are not day trading and looking for something long term, being invested at the start of the end of marijuana prohibition will pay off in the long run.
Don't let people con you out of your shares people. We always have these "jail house lawyers" hanging around and giving unsolicited advice and all the while they are giving you advice, they are in jail too. What we know about CGC is that it has a legal claim to 1/3 of the production of Canadian marijuana. This is just the marijuana side. STZ Constellation just bought in for 4 billion dollars, which isn't just banking on the marijuana side but the THC infused drinks too. I'm sure w 4 billion on the line taking 38% of the business w an option to go to 50% was made by people smarter than anyone on this ihub board. CGC WEED isn't just counting on marijuana sales to make it go.. but ppl should do their own research. I'm sure the people are Constellation Brands aren't day traders.
Lines are 4 blocks long and CGC owns 32% of the total legal ability to produce marijuana in the Canadian market. STZ owns 40% of CGC and may buy the entire company in the next 2 years. I never say this but these are rocket ships.
Just saw first news report of massive lines outside of dispensaries in Canada on MSNBC. CGC will make a move w the entire MJ sector of up to 25 to 30% in the next few weeks. Load up now or miss the boat. IMO
People are nervous about this because it is new to Canada. It is not new to people in the U.S. tho. The stores, were they have them, will be packed and get good free press. Then the stores won't be able to keep up with demand. People can make their own bread but they would rather go to Safeway to buy a loaf instead. People will buy from the path of least resistance.
I think a 25-30% jump and new high in two weeks. Buy now during this dip IMO.