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you have to smoke a lot ............ not to sell CGC , very soon we will see $2/sh
some people dream that legalization of weed in USA can help CGC dramatically .... they are wrong !
if you have a bad car it does not matter what condition the road is .... the road cannot help
why they lose money all the time ? bad set up from day one , company is too big for this business , one shoe maker makes much better shoes than a big factory and today we have a lot of shoe makers and they kill CGC
this company will never make a profit ... because the set-up is wrong from day one ...
no one ? ... or just you , sucker ...
I remember , when many years ago , a famous company named JDU was fluctuating 10%-15% up and down every day .... it was the beginning of the end ..
for CGC it does not matter if weed is legalized in US or not .... CGC is a bad company under all circumstances
Trump is a joke ..... bad person , bad president , bad businessman , a criminal ....................... a good husband :)))))
we see what I said many times ... the price is dripping steady until $2 - $3 ... there is nothing to stop it .... do you know what to do ?
if you are not a professional player ............. go away from this scam fast !
massive short ? ... I have not covered mine yet ,
laughing ....
The company says the board is in the process of hiring a firm to avoid a bankruptcy ?
we are at a critical point .... the volume will be lower and lover every day , the price steady down --- I see a dead cat without hope
you cannot artificially maintain the price forever ...
i do not think ... it will hold long ..
Canaccord Genuity has taken a more pessimistic stance by downgrading its target price for Canopy Growth to $3.5 from $5 and maintained a “Sell” rating. This significant reduction in target price suggests Canaccord Genuity’s concerns about the company’s near-term prospects and its ability to overcome industry challenges. The “Sell” rating indicates a belief that the stock may underperform relative to broader market expectations.
THE GLOBE AND MAIL
Cannabis firm Canopy Growth reports $127.1-million first-quarter loss, revenue down from year ago
Revenue for the first quarter of Canopy’s 2025 financial year totalled $75.8-million, down from $88.6-million in the same quarter last year
AUGUST 9, 2024
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do you like it ? .... we witness an agony ,
I see desperation .... some caught people try to sell , idiots buy .... you still can make money on CGC playing daily but this is not for everybody ,
dead cat ... only can go down
CGC is a joke ... it cuts a loss a bit ... only because its revenue is smaller
what to expect tomorrow after opening ? .... the loss will be huge in millions , after opening , the price will go up ( manipulations ) for a day or two and than ...
hold the handrail , back to $5/sh ..
nice chart today :))))
hold handrails on Friday ... another day of big loss !
And all of that comes amid a global market meltdown. Japan’s Nikkei 225 index nosedived 12% — its worst rout in history.
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look for a handrails !
CGC is expected to release earnings on August 9, 2024 before the market opens (BMO)
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what does it mean " before the market opens " ? .... the answer is simple - very bad earning , CGC management hopes that there is not enough time for idiots to realise how bad the earning is ..... and for a while CGC can flow ...
each daily chart is so ugly ! .... first class manipulation ,
it is so hard to watch at .... when smart foxes make tonnes of $ and at the same time ordinary people lose everything
Canopy Gwth: Stocks Overvalued by Analyst Consensus on TSX (WEED)
Globe Investor - AI-generated - The Globe and Mail - Sat Jul 20, 7:27PM CDT
Canopy Growth Corp is among the group of overvalued stocks on the Toronto Stock Exchange. This means the consensus value for each stock on this list is below its current price.
Based on 10.00 analysts, Canopy Growth Corp gets an average recommendation of "Moderate Sell" according to Zacks. From those 10 analysts, 1 have buy ratings, 5 have sell ratings and 4 analysts gave hold ratings.
this sick stock is good for everybody but .... idiots
at each financial statement CGC management says the same .... " in order to achieve a profit we bla , bla, bla " ...............and no change ! this company is a joke
Canopy Growth Corporation Common Shares is estimated to report earnings on 08/14/2024. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 6 analysts' forecasts, the consensus EPS forecast for the quarter is $-0.32. The reported EPS for the same quarter last year was $-0.4.
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so we will see another big loss of millions of $ ...
nice manipulation , good for idiots !
do not forget ... price $8.64 means - 86 cents before reverse split , the end is coming sooner than you think ,
I do not see green lights.... even at the end of the tunnel
dead cat .... any hope left ?
yes ! .... I do not see any green lights .... how to pay back huge debt ? .... banks will say soon - enough !
close to my house in Ottawa there is the weed store called " Spiritleafe " ... and I always ask how popular are CGC products , believe me or not . the answer is always the same : NO DEMAND ....
people who are called " day- traders " cannot manipulate as easy as before .... volume is too small and it means that profit is not easy to achieve
.... result ? the price will be going down slowly but steady until $0.50
please ! ... do not smoke any more ,