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For some reason, years later now.....I decided to look at this place tonight.
It's been a long while since I even cared what the price of WEED was.
I got to say, I got out when the getting was good!
Wasn't able to do anything too good with the money, I bought a house I dont like, a car, some toys.....I had cash.for.the covid crash, made some there.....should went with my heart and dumped.it into Tesla.....oh well.
But still, in all my life.investing in CGC was the most successful thing I have ever done..hope it goes well in the future, I guess my ex wife is a holder still, lol
Why would i need a lawyer to invest in a publicly traded corp, just curious...
Yes... I think if i can somehow get divorced before the USA legalizes it, i am definitely going to take a good hard look at that deal and the math behind it.
From what i understand is that an Acreage share is worth .58 Weed shares...which pplaces a massive discount on WEED shares, like way below book value...looks dirty, but so did TWD, BED and MT...too good to be true, except it was....
Black Line of Death and and the Thin Blue Line - that is incredible work, they are so straight, you have a rare gift with chart telling, you should open up a shop somewhere...stop giving this away.
That is one thing I have learned since I have been away....take care of yourself and no one else....accept what is given but promise nothing in return, the greatest lessons in life are learned through pain, love without pain is like a rainbow without rain. To spread love is to spread pain, its all just a ride, just like those are just lines - they are beautiful
what is the name for the purple line going up
yes, that line was sick!
I just read a private message, and I read something about acreage holdings and canopy growth corp...that interests me very much, in the way the Bedrocan and Mettrum mergers interested me....
what is the cheapest way to invest in the future Canopy Growth Corp that is doing business in both the USA and Canada...because that is exactly the piece of pie I would be looking to get a piece of...
although I got no WEED to sell, wouldn't it make sense for long term shareholders to divest from WEED and buy Acreage Holdings?
Thank you Happy
I can go down the street to my SQDC shop and see Tweed products. It is pretty cool....see people lining up to buy stuff. CGC has been on my mind lately....could be I could reach a settlement soon and get my funds back...although I have hated the fact that the assets were sold and cash was frozen, it looks like that was actually a very good turn of events for me :)
Hey, i havent been around for a while. I haven't been investing now for over a year, assets were sold and funds frozen.
I made a small fortune for my family with CGC, but i had some legal issues...and that may be over soon.
So i haven't been here reading, i dont look at or care about the price of the afock, but recently i looked and it is down a lot?
What's that about? Why does the black market still reign supreme. Why is CGC cannabis so damn expensive that i buy from the black market instead.
I am literally burning illegal cannabis i bought online, paid with my bank, it was delivered by Canada Post...they handed it to me...why cant i buy an ounce of Bakerstreet at the SQDC in Saint George's Quebec....can someone tell me that?
Honest mistake, i saw serres...ah whatever, i dont care one way or another
This cant be good
https://globalnews.ca/news/4975667/laval-fire-damages-greenhouse-operation-of-quebecs-largest-flower-producer/amp/
https://www.canopygrowth.com/international-footprint/vert-mirabel/
and i am not doing good at all, divorce is bad, trading accounts frozen...just got my girls back, my life is essentially on time out...i have little purpose and serve no function besides watching my daughters
I miss price discovery, but without access to capital my opinions are worthless, wish i could dump this stock right now
I am back, was a long wait....exiting stuff, missed out completely on the last push to $60.....
This game is beautiful, a little arithmetic and common sense, let the market do whatever, look for opportunities
It was all writ down many months ago, published as a or....just read the fine print, consider the WARRANTS
Today is an opportunity
Price is what you pay, value is what you get....anyone holding at $60 and more a share, buying and holding.....good money has been made being on the other side of that stupidity....this right here is truly where the price belongs, at a discount to the STZ bought deal....that has been the truth since August, and now the market has finally realized it....
I have been away for a while, not even sure how low it went, no interest in looking, but I did for certain sell everything at a much higher price than this, and bought it all much lower than this
Decent price now in my opinion...I am done trading anyways, quit while I am ahead
it was beautiful man, exactly what I thought was going to happen did happen, just like i thought it would.....
with WEED way over $60, and STZ looking chill, I sold WEED and bought STZ, then STZ goes up, and WEED goes right back to where it belongs....
with a move like that you don't have to get it perfect, I never owned much above $70 a share, sold a bit up there, but most was in the upper 60s....bought it back a few times, sold it a few times....then STZ.....
and then the big move.....
I got more WEED shares than i had, an equal amount of RIV shares and still some cash left over, got to wait for the currency transaction, when my STZ sale clears, I transfer it back to CAD....buy more WEED i guess....
still, I am down in terms of cash value of my portfolio, I bought some at %64 and 59.....my goal is just to capture some value, to outperform WEED
I am all in again, yesterday I bought a bunch at $50 - 51, sold a bunch at 54.75, bought it back at 53.75.....
now I am just a bag holder, I most certainly cannot and never will sell below 53.75 because that is the last place I bought it....
I am all in, i hear people on this board talking about how $70 a share is over valued but those people are crazy....STZ just paid $5 billion dollars to get a piece of this thing, get it while it is hot!
I am a long term holder, i bought, now I hold, that is how I do it
I think it is going to trade below $48.60 for a substantial period of time, there is a long time to February, Christmas, New Years, Taxes to consider....February before we hear any definitive numbers on this quarters' performance.....
I am still holding out a large portion to try to get under $49, I got some on open today, but at open I was selling out on STZ and all my other crap.....
so I bought in and I sold, and now I am waiting for the real bottom....
Constellation deal still going to close, when it does a serious look will have to be done to a fully diluted market capitalization....whats the share count look three years from now?
I can be certain it is well over 510 million shares outstanding....
Oh my god and STZ went down today hard, lol - this is just too damn good, pick your winner....lol, I love it
this is just too much...too easy, they wrote a press release about the whole damn thing, simple logic and some arithmetic and just plain luck to boot....
beautiful day, working all damn day, but it was beautiful none the less
Looks.good with a divorce, plus I want more, I am bored....
I am all in again, so don't shit got to go to work again, be back I. Two hours
She is literally committed to the phycology ward of the local hospital.....so she is nuts
Following my girlfriend before that, harassing me all the time .... Hospital s are the best!!!
oh damn man, I was married to a woman for 13 years.....we separated on our 13th anniversary, I just sent her the divorce papers in the hospital where she is recovering from depression....apparently she ok with abandoning me with the two girls ...2.5 and 1.5 babies....she went to Florida, Vegas, started a couple of businesses, facebook....anything but being a mom...nut she loses her shit because I have a girlfriend....lol
got to step back from the violent ones....trust me, don't call the police, just leave....the police won't help you, you will get arrested. Lose your passport - you a man, this woman is a nurse - unless you live in San Fransisco or something I would stay away from the police....woman enjoy a certain immunity, don't fight back, don't complain....if you are free to type on a keyboard you are free to walk away.
you are not property, she does not own you
best bet is to leave and find a younger, hotter, less pyscho, more nympho type woman to take care of you....me and my girlfriend have some good times laughing about my wife in the hospital....
I don't understand the question,. sometimes it is good to sell, sometimes.it is obvious that one corporation us a better value.....like with the case with STZ and WEED all last month...now the price is moving towards reflecting that
It's.good.momentum
It is not always the best idea to hold.....
dont be mad
It is most certainly a possibility in my opinion,..it would still be an instant positive return on investment for Constellation Brands for their books at that point, those warrants have real value......
For the company to be a long term success from the perspective of a current investor they would need to invest all of that $5 billion in business operations that produce exceptional return on investment....because there is a lot of dilution headed over the next three years...and it will be at a discount to today's market capitalization...
Like paddling up river, convertible notes paying interest in discount stock...I mean from the perspective of an investor before the deal was announced, we already won....the corporation became billions of dollars more valuable instantly over a deal that is not even closed yet.
Obviously it is must drop below $55 if it has a chance of dropping below $50.40, and so on....the lower the target the less likely it will get there
So is there going to be a big reversal? Monday open, not too long from now...will sell the news continue? We know insiders were converting and selling off their option shares with very little cash benefit to the company, They made a deal to sell over half the company for less than $48.60 a share, they are buying up companies with shares......there is absolute massive dilution here, well over 510 million shares fully diluted, not even trying to do a comprehensive count....it's huge...
We have our longs here bragging about rent....as professional traders are borrowing already owned shares and selling them.....they are willing to pay rent to artificially increase the supply of stock..at these prices
I know I don't have a money to buy shares at these prices.... don't see a homerun here...there is no margin for error.... really great scenario is priced in, all in my opinion
We'll see
damn it, this came out a while ago....i need to pay more attention to what is going on here....
I agree with you, everything except the MA thing, I don't know what that means, and the chart thing.....shouldn't base your capital allocation decisions based on the decisions other people have made, in my opinion....RSI, MA, charts, they are nothing more than trades gone by, they tell you nothing about the business or it's future...
so dumb asshole bought this from me a few days back for $72, that tells me some random jerk out there got robbed, that is about it, that and there is a little less stupid money out there to sell to I guess. This is a game, with real stakes, it is a beautiful thing....but be true to logic and reason and mathematics above all else, in my opinion.
now the bought deal is different, it is a true trade, Bruce Linton traded ultimate controlling interest to this corporation for $48.60 a share.....solidified his position as CEO, he sold out, traded in partners for bosses....
but I like this idea of selling on Monday....I been doing some selling lately too
I am the same way, trading less than 4 years, the tough times were when TWD was trading at $1.60 or so.....just had to keep buying more shares and hope for the best.....so far that has worked out
i feel fortunate, guess you can always have more, but I feel I already have a sizable pot of gold, relative to where I started it is kind of ridiculous
if this thing moves past $75 CAD in a hurry while I am sleeping or something, then MAYBE you could say I lost out, but right now I am confident I am beating the market for WEED shares
I made positive contributions to the price discovery of this stock in recent months and or years and have been compensated accordingly
I absolutely love it when someone that is actively participating in the market can look at the Constellation deal, talk about DD, and tell us it is a hold at this price...
thank you for playing....it is obvious that Constellation did their dd for sure, think they paid fair value for their controlling interest in Canopy Growth Corp - if you want to be generous and say that WEED has a current fair value of $48.60 CAD then their warrants should provide plenty of opportunity for a nice return on investment
lol, I already sold, I was rewarded $1,247.10 CAD, I don't like all the volatility, with the market going down I was planning on buying more and more, but it changed directions for no apparent reason, when you can make almost 2% in an hour instead of year....well I just take that and think on it, I don't like it.....seems too good to be true...so no thanks
it was 2.09%....
like I take the money but I don't want no part in how I got it....this stock should be going down some, I was looking for an investment
Drawing lines on top of graphical representations of time and trades gone by is the most useful skill known to man, if only I could interpret that I would alright, instead I read and do some arithmetic, just getting by
It's the Momo....some smart people took a look at the industry, started counting up all the phantom billions, then decided to rent out some shares and put them up for sale....
Just accumulated 1000 shares of WEED!
Hey, don't go up!!!! Down is where the money is at, can I get some at $56?
CGC ended last month at $62.75 I believe....closed Sept 28, so this month so far has been a negative return on investment for those that buy and hold.
STZ was at 215, so holding STZ has been positive ROI
and there was one day the price went above $70 a share, that was an opportunity for profit in an otherwise poopy month for CGC..
We see today's revenue in February financial reporting.....what do you expect for three months revenue...Oct 1 to Dec 31????
I mean what type of revenue would support the hypothesis that WEED is currently undervalued???
that is fair....I guess it is all about risk management, speculation, etc, etc, etc......any rational view of investing is about the estimation of future progress, the future cost of money....
I hold onto shares at $65, last time I bought was at $64, and I don't even consider selling this under $70 a share, right now there is an order in to get rid of them at $72....
honestly it is just the way I prefer looking at the situation while lying to myself, but anyone that is trading with me is getting robbed because they are on the other side of my trades....
whatever, whatever, whatever ----- I just want to see the price drop because that is where the opportunity is, or let the price rise up nice and high, I just want action....sorry
Lol, that is so funny, a few years back I was thinking sail boat or children.....like a van but for water, big adventures....would love to cross the Atlantic one day, Med to Caribbean.....maybe when myngiros are teenagers....