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Interesting to see a departure here from all previous pre-earnings patterns. No significant run up or last minute sell off by institutional investors. And for the first time, an announcement of a lower target price prior to earnings. It seems like the big boys are trying to run this down, rather than up before the release. Does that portend an expectation of an upside surprise rather than a pre release short play? Who knows? I’m still well in the black. Who cares? I’m bullish on legal. Black market is on its way out. Go CGC!
Thanks. Good to see I’m not the only true believer who is lurking.
So 10% up today… the naysayer bots have no reply once you have blocked one or two of their ip locations. Not sure this is a sustainable advertising business model for iHub.
Wow! It only took three weeks for someone not directly linked to an IP address of the multiple identity trolls to post! MJ remains legal, despite their best efforts to spin legalization as prohibition. Go CGC!
Correct
So correct!
Correct, nobody but the sad Greek chorus. Meanwhile, cannabis Is legal and the black market is like buffalo falling over the cliff toward extinction. Go CGC!
Correct…
I doubt it, unless getting shouted down by the tragic chorus is your idea of a good time.
Interesting to see that this board is dead to all except Borys, bazar, bottombounce, awesome and JohnCM. The must be aliases for the same one or two that I’ve blocked. I miss rational commentary on CGC, but got worn out by the bots.
I’m not a day trader, nor am I a chartist or a black market lobbyist, but when I look at the five year chart right now, I see plenty of upside. Legalization continues, Constellation has deep pockets and always will. No matter how much they pay stoned trolls and lobbyists, black market cannot access legal markets with mildewed cash-only deals. The best is yet to come. If you block the bad actors on this board, the truth and future opportunity is quickly revealed. Go CGC!
The market seems to agree with this move. Go CGC! For those who think lack of comments means this board and CGC are dead, I beg to differ. Once you block the black market troglodytes, there just aren’t that many posts. If they knew as much about business as they do about THC levels, they’d realize the benefit of legal operations and the deep pockets of Constellation Brands. The black market will never be able to do deals like this because investment banking isn’t an all-cash business.
Sounds good. Welcome back!
Funny thing about this board; once you unfollow one or two of the short-term day traders, they all go away. Maybe they are only a couple of people using multiple account names and iHub connects the dots behind the scenes. Regardless, it’s a relief.
Yes, certain people on ignore. Once I took them off my feed, the board has gone almost totally flat. But I’m no longer stressed by the uninformed opinions of black market lobbyists/Hell’s Angels trolls. It’s a total waste of screen time to engage with the morally compromised.
As for CGC’s current price. I’m reminded of a time when it was approaching $1 per share and I was looking at a 40% loss. I stayed in and patience paid off. Right now, my money says that patience will pay again. Call me crazy, but it’s like winning the lottery and then buying more lottery tickets. Lightning does strike twice, in fact more than that.
Cannabis is legal.
Interesting. I’m pretty sure that any of CGC’s previous earnings reports were less consequential in terms of pre-release run up or post-release price change. Is the cannabis sector normalizing as a less volatile/speculative investment? Is CGC normalizing as as less volatile/speculative stock?
An insanely small run up with just a few hours before earnings release. Interesting. Not at all like past quarters. Are institutions and shorts less certain on their front running buys and sells before the release? Just the fact that the release is premarket, rather than after close, may be scaring them off. Tomorrow never knows.
Gosh, only a couple of days left until the earnings report and no run up yet. Does that mean past patterns may not predict future performance? We shall soon see.
BTW, post-hoc translates roughly from the Latin phrase as “after the fact.” Driving from the rear view mirror totally ignores the road ahead.
That’s true, no interest. I don’t follow your lines because I don’t believe that the recent past has much to do with the future. Economists call it post-hoc analysis.
So true. Not interesting at all.
There is a Q1 release coming on Aug 6. The last release was the Q4/Annual release, which is allowed more time to complete than the quarterly statements. Hope this helps.
Patience pays. I’d never have thought I’d be living in a time when US states and many nations are legalizing cannabis. Now that time is here. Go CGC! Since Bruce’s departure, the company has largely let the positive trends in their numbers, consistent sequential improvement, do the talking. Soon come!
Say what you want, but look at the frequency and the quality of the posts. This board is slowly dying at the hands of only a few shorts. Sad.
Good to hear from you. This board was way better when you were typing your pipe dreams. Now, it’s mostly populated by small thinking day traders with no ideas of interest. Peace.
Let me know if you ever grow up. Only a Peter Pan (you’ve probably never heard of him) thinks that prohibition/black market has any chance of success. It’s all over now, Baby Blue.
Legal week is getting to be so expansive that it will soon become ubiquitous. No more room for bathtub gin.
Not sure why anyone thinks backyard grows are the future. Sure, I have a few tomato plants, but most of my tomatoes come from the store. I'd rather be blissfully ignorant than arrogantly dumb. I'm making plenty of money on CGC without stressing over daily ups and downs. Maybe you need to back off from the pipe or at least appreciate that truth is important. Peace.
Haters just gotta hate. Sad.
You must be shite’n your short pants! The price is going up! Go CGC!
What, what? What you say makes no sense; because it's nonsense!
Oh puleezze! Canopy has the backing and expert management of Constellation! The days of Hell’s Angels ditch weed are over. Legal cannabis is even available in most of the US. Get over it! You are holding a losing hand.
Canopy will be a winner because shorts and day traders like you see it as a place to ply your negative trades. Truly, if you think there is no future for CGC, you would move on instead of trying to cover bad bets.
Maybe you are holding the chart upside down. All I see are big gains coming soon.
Maybe you are holding the chart upside down. All I see are big gains coming soon.
Actually, if you take a look at the 30-day chart or the 12-month chart, CGC looks pretty nice. IMHO the glass is way less than half full and there's a very bright light at the end of the tunnel. Soon come!
Actually, if you take a look at the 30-day chart or the 12-month chart, CGC looks pretty nice. IMHO the glass is way less than half full and there's a very bright light at the end of the tunnel. Soon come!
Actually, if you take a look at the 30-day chart or the 12-month chart, CGC looks pretty nice. IMHO the glass is way less than half full and there's a very bright light at the end of the tunnel. Soon come!
Actually, if you take a look at the 30-day chart or the 12-month chart, CGC looks pretty nice. IMHO the glass is way less than half full and there's a very bright light at the end of the tunnel. Soon come!
Actually, if you take a look at the 30-day chart or the 12-month chart, CGC looks pretty nice. IMHO the glass is way less than half full and there's a very bright light at the end of the tunnel. Soon come!