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Emerald has more professional management and they have more experience how to run greenhouses..than Canopy
if you approach that way...soon-to- be...Emerald will be over
4 000 000 sq.ft...hence more than Canopy
You mentioned about three companies which gonna dominate the market:
1- Canopy Growth Corporation
2- Aurora
3- Aphria...
but in my opinion you miss one company which already produces medical marijuana and at that moment operates on 300 000 sq.ft and by the end of 2018 will operate on 1 100 000sq.ft....the name of this company is Emerald Health Therapeutic...
no question that prime minister Justin.T. is on our side....it was his idea to legalized weed..in Canada
hmmm...more doubts regarding legalization ? December if!! ???
not as fast as you think...we will see spikes and dips but up to legalization the price will stay 30-35 $/sh...even below 30 $/sh...
but after legalization when revenue goes thru the roof we will see different game...
your chart is big.....B.S.
Hi...my name is Borys,I found this company one month ago and immediately I realized how big potential this company has...
so I sold all my shares of Canopy Growth Corporation and bought Emerald because:
1- excellent management
2- enormous ability to grow
3- low price
4- low number of shares
5- low Market Cap
....in my opinion this company is going to explode soon
you are wrong...P/E=3100 !!!!....very bad ratio even for growing company
chicken...))
how to play "legalization" ??...this is a good question...I will not be surprised if just before Senates vote we see "sell-off"..some people do not have "steel nerves"...if you sell just before and the bill is passed you will lose a lot of money even getting back next day...if the bill will not pass we (holder) can loose up to 50%..
there is not one simple solution..what to do at that time ...
I WILL HOLD ...that for sure!!!!!!
I see some boys are very optimistic reg. legalization in Canada...
it will happen........... but to that moment we do not see major difference in price...yes- we will see spikes and dips.....on HYPE!!!!...fundamentals of Canopy are not yet in place!!!..we need TIME... 1.5-2 yrs.
Aurora is a dead cat..to many shares(big market cap!!!
Canada is exempt from tariffs if NAFTA talks are successful....and we are apart so much..
idiot?...
Price=say 34$
E=1cent/sh
34$/1 cent=3400!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
waiting for opportunity to short....only intelligent investor knows that this price does not stay long....the price is like BALLOON!!!!
and for now it is impossible to justify it!!!...P/E=3400!!!..give me a break!!!
today in the morning I was looking for down-trend...it did not happen so no "shorting" ....we will see tomorrow...
we will see tomorrow who is right and who is wrong....I WILL SHORT TOMORROW~~~~
it would get in around 20$. Even then this stock is extremely overpriced, and if everything goes well after legalization it will take 3 to 5 years for this company to make enough profit to justify the 20$ price.
it will go back to low 20.....market cap is like BALLOON!!!!
P/E=3200!!!!!!!....even for growing company much to high!!!!!
brawooooo!!!!...tomorrow time for shorting!!!..another 10k to my pocket
hahahahahahahahaha
Canopy will be quiet till July.... than ,after legalization gonna be interesting...Canopy is for all cannibas companies like a "flag ship"...they watch and learn...
Bruce does not have to many options...to justify high price(like balloon!!)...big Market Cap !!...Canopy has to increase REVENUE...
I realize that Canopy is growing company...but how to justify
P/E =3000!!!!!!!....I do not think that Canopys price will go up in near future...
I did what I said yesterday....I shorted and made nice 6k...I wish everybody well I mean price will go up steady....it will take place in summer.....
Canopy Market Cap is so big!!!.....price like BALLOON!!!!....is the company worth 6 bil.$ ?....joke!!!....sell on news!!!
sell on news!!!!...I will short Canopy tomorrow..that for sure!!!
everybody talks Aurora as the rival to Canopy....everybody is wrong...the rival will be Emerald Health Therapeutics....
huge greenhouses and small Market Cap...
I told you boys....back to low 20 and drifting sideways up to legalization time....by the way,,MARKET CAP is to big!!!
.....I agree,lets hope we both are right
Bruce knows very well that to justify high price and first of all a big Market Cap....the company has to increase a REVENUE ......
revenue for the last quarter was only 21.7 mil. $.....some boys here dream of the price over 100$/sh.....take a look at Apple...share price for this company is 150$ plus but the revenue for last quarter was 900 mil.$.....do you see the difference?...its time to wake up!..but I think Canopy can be a great company with the price per share around 40-60 $ if some conditions are met..
why Canopy can not grow for a long,long time?...because Market Cap is to big..which is 5.6 bil. $....is Canopy worth 5.6 bil .$ never!!!...the common knowledge is:Market Cap should not be bigger than Revenue/yr. times 60 = 5.2 bil. $...that why naive boys Canopy is going to drift sideways for a long time...
bigger does not mean better..C.G.C. can become out of control
I wish C.G.C. only one thing which is steady,nice growth without any stupid hikes( on hype) and as a result big dips (creating by weak hands..)
the last halt was a joke..
I was wrong!!!..Canopy is a winner!!!!....go up baby,go!!!
it is coming now!!....this is imminent!!!....back to 20!!
well-- I would like to be wrong..