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you know what, I am gonna splurge and order it on google play....
I always maintained that APH and Aurora were schit compared to WEED - market capitalization always seemed so ridiculous in comparison I just outright excluded them from further dd (have not looked in long while), the only ones I liked more than WEED was OGI and MT, and when I was invested in them they outperformed TWD and CGC respectively....
you know, there is this scene in a movie that I love, never actually seen the movie but found this on youtube....it is someone that is just naturally gifted at something without effort, something he loves yet doesn't take seriously....i love this scene
Doesn't show up well in a chart, but $48.6 is the number that matters....Imagine you hold STZ stock and your CEO tells you he is taking your capital and buying WEED at $48.6....And the next day you look and WEED is @ $44?
I know what I would do, same thing I did when TWD bought BED or when CGC bought MT
It is very obvious now that selling under $48.6 is risky,and buying much over brings risk....Going to trade you start with that....I sold some at $52 because I was happy with it And thought there was a chance at a pull back....If you sold below $49 and you are holding that cash, I say fail, and thanks for playing
Look, I trade... I made an easy $650 just yesterday....But I did it over $48.60....It's like all you need to do is read for fucks sake!
50 is the new 40, people out here talking like they know better than the CEO of Constellation Brands, man, get off our board, where were you at $2?
I don't take advice from someone that has never found a 25 bagger, hell, I have made buys that would pay better than the standard payout on a roulette wheel, that's 35 to 1 - in three years
I believe there will be a lot less volatility now that we are above $48.60.....Think that is a new floor, I don't expect it to move too far from that in either direction
Yes, but it's the type of thing you don't want to buy cheap gear, you can't learn from your mistakes.....maybe later, my grandfather flew gliders during retirement, was an aircraft mechanic and pilot.
Right now I really want to get into FPV drones
I was actually just looking into paramoto, that's paragliding with a two stroke motor/fan strapped to your back.....flying with a chain saw fan, why not, but it costs like $15k to get I sky dived before, it is beautiful
Search Moab towers and magic backpacks, gopro, I get scared just watching it
And understand I suggest a drink with milk or cream because of the 'filler' used with legal cannabis oils... essentially they use vegetable oil to dilute the cannabinoids.
You put this in tea and it just floats to the top, still you can drink it, drink it straight up, but you are really drinking veggie oil laced with drugs.... It is not ideal, but it can mix in a drink better with other lipids, like milk fat
Beverages can be lumped in with edibles.... ingestibles.....it is food with drugs, so it is complicated.
They want to do vanilla legalization first, very basic. You want a beverage, buy oil and insert into tea, I would actually recommend Starbucks Mocha drinks you can get at a convenience store..., Coffee, hot cocoa, anything with milk
Been a real long while for me, never really used coke, just tried it, lol
Damn I have to go back to school, most of my classmates are temporary immigrants from Nicaragua, welders.....I am way better than them, lol, took the level three test today, I got to slow this gravy train down some
Best part of weed is you can smoke some before breakfast and have a great and productive day....I wouldn't compare it to alcohol, more like coffee
I dont actually have productive days myself, but i bet I could
Well it is STZ, or anyone else that wants to ride their coat tails....but obviously the take over price for Weed is above $51 a share....with how that deal is structured it seems the people who should know think this has somewhere to go
I think the most important number so far today is the low at $48.61, I am willing to bet there is someone out there that would take it all at that price
Lift attendent at a ski resort
It really is, better than being a lifty
$9.95 per trade I believe, I made about $670 I believe, it was in my RRSP account, I don't do this very often, CRA has not come after me yet, Phuk em
Just paid another $10, turned my $680 into 13 extra shares at about $49, still have more cash than I did this morning. That is three trades in less than an hour, come and get me b1tches
I just pinched the tip and it felt good. Sold 1000 at $51, bought back at $50.33, free money
Holy McJesus
Does anyone else see this on pre-market trading - these are actual trades?
https://www.nasdaq.com/symbol/cgc/premarket
it says $39.15 USD = $50.97 CAD
did we just go past $50?
Well I am sure STZ knows what is going on, they have been working with CGC for a while now.
yes, a lot of people made that mistake today
blue horseshoe loves Canopy Growth
bottom line, those warrants or options, both tranches, they don't have value under $50.4......is what happened today the new bottom?
I think now that I have money I want to become a drone pilot. I want to build and fly drones, first person view.
don't get me started, I started at $2, averaged down from there, switched to Bed for the spread, same with mettrum, Bed and Mettrum were two little 10% bumps, free ROI, and that schit compounds. I had to sell on the way up some to pay debt I racked up building a position..
and now this, the ROI is just insane.....I try to explain, like I won the lottery of the stock market, it just couldn't have been better - and this is my start, this is the only trading I have ever done.
Yes, yes, we know - some poor basterd is paying you money while losing his ass shorting $WEED....the rich get richer....
still, I do not look forward to the days decades from now when I may have accumulated such wealth, because I will be old and I bet that sucks
damnit- someone ought to be paying me rent on my shares too - I hate you
CGC shares have done more in the last three years apple or amazon have done in the last ten. TWD shares were 1.78 36 months ago
$1.78 to $49.02 - over 2650% ROI 201% Annualized
In the last 12 months, WEED went from $8.51 to $49.02 - 476% Annualized ROI
We will not be seeing that again.
The key to investing right now is to don't do it, don't do it, don't do it, stop thinking about it, what you think you gonna make a better investment than STZ somewhere? They don't get any upside until $48.60???? Dont do it, I don't care if it is more money than you ever had in your life! That is irrelevant, how many times this would pay your mortgage is irrelevant, don't do it
I call that pinching the tip
When you consider what actually haooened, or will happen, to the balance sheet because of this deal, well let's just say that a move from $34 to $44 CAD is actually a drop in price, if that makes sense I mean that quite literally, they added $13 cash value per diluted share
Good luck
I heard Bruce say he has about $1.8 billion book value right now, 220 million outstanding shares, that is about $8 a share.
After deal, $6.9 billion in book value, 325 million shares = $21.25 per share book value.
When the 88.5 million warrants are exercised at $50.4, 414 million shares, $11.3 billion book value is over $27 a share in equity
Who thinks this thing can possibly go near $27 Cad a share now?
I thought maybe you were confused about this thing going to $22 again,
And I think that is a little crazy because after this deal goes though each share will be backed by $15 Cad cash.
sure why not - maybe fully diluted with this new deal - forward looking 25 billion, certainly it should move past $25 billion within the next three years,
Effectively, the board of directors of STZ is the board of directors of CGC...meet the new boss, same as the old boss
I was expecting this, a lot of it has to do with a re balancing of the TSX Composite Index, when first listed on this index CGC had a market cap of $1 billion, soon it will move north of $15 billion...
so any funds that are diversified world wide, has to have some WEED in it.
I am sure one day soon you will here about WEED being added to the TSX 60, it certainly qualifies as far as market cap goes, would make for a more diverse index.