Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
" SMITHS FALLS, ON, Dec. 9, 2022 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) today announced that Chief Executive Officer David Klein and other Canopy Growth team members will ring the Nasdaq opening bell on Monday, December 12, 2022. "
-----------------------------------------------------------------------------------------------------
hehehehe ..... I like so much people with sense of humor ,
going down like a stone ... and this is only start ,
amen ....
do you have ANY time for lunch or .... supper ? you do post so often , do you own any Canopy`s share ?
in February ....
do we see the end of manipulation ... after such a bad earning ?
Canopy Growth Corp (NASDAQ:CGC)
" The 15 analysts offering 12-month price forecasts for Canopy Growth Corp have a median target of 2.45, with a high estimate of 3.71 and a low estimate of 1.56. The median estimate represents a -28.00% decrease from the last price of 3.40."
-----------------------------------------------------------------------
any comment ?
...Quote :
"We expect at least another $300 million of cash burn through the next 3 quarters. Alongside the principal redemption of remaining 2023 notes, CGC will have $700 million of cash on the balance sheet versus its $1.25 billion of remaining debt. That is not terminal by itself but not worthy of investing either. We resume our Sell rating on this stock with a price target of $1.00 (1X sales) per share. "
---------------------------------------------------------------------------------------------------------------------------------
any comment ? ...
naive , optimistic people think that access to USA market creates new opportunity
for Canopy ..... when the truth is - american market is already over supplied !
massive shorting is taking place now .... fasten belts boys and girls ..
you do not have to be a man of science to figure out that the price , in coming days , will be going down like a rock ..
manipulation and hype
devastating report
revenue $117M ... smaller by 10%
net loss $221M !
net loss /sh = 0.47/sh .... when expected = 018/sh
FASTEN BELTS boys and girls ..
naive people think that legalization of marijuana on federal level in USA will change position of Canopy .... hehehehehe , fasten belts boys and girls tomorrow !
Moderate Sell
8 Ratings
1 Buy
3 Hold
4 Sell
Based on 8 analysts giving stock ratings to Canopy Growth in the past 3 months
November 9 is coming .... hype is over , soon the price $2.5 /sh ....
read my lips boys and girls , fasten the belts !
November 9 ..... are we going to see another very bad earning ? ... my answer is YES ... price will go ( in my opinion ) below $2.5 /sh ... revenue below expectation
your active position suggests you are losing money on Canopy - BIG TIME ?
amen ....
you lost again the chance to stay mute ....
where is delusive happyglass ? ... she advised me categorically to cover when I shorted at $3.75 !
not so fast my dear professional ...
---------------------------------------------------
"The 16 analysts offering 12-month price forecasts for Canopy Growth Corp have a median target of 2.37, with a high estimate of 10.20 and a low estimate of 1.55. The median estimate represents a -0.97% decrease from the last price of 2.40."
all news regarding decriminalization of weed in USA have absolutely nothing to do with Canopy .... what matters ? ... coming earning in November witch according Canopy`s statement will be negative - big time again .... fasten your belts boys and girls ....
by the way ! weed is legal in so many states in USA and what ? Does Canopy take advantage of it ? the answer is simple - NO because number of reasons ..
""I love watching shorts get slaughtered! CGC ""
==============================================
heheheheh ... Mr . Professional , are you watching price today ?
yesterday`s rise was creating by two news :
1 - real green Dow Jones
2 - Biden`s intent regarding marijuana
no more , no less .... Canopy is and will be in deep hole because cannot achieve a profit ..
yaa ... specially after coming earning in November
yaa ... specially after coming earning in November
do not drink too much .... you have no clue what are talking
it changes nothing regarding Canopy .... let us watch coming earning , this is what counts
in one month we see Canopy`s earning .... and it will be TO BE OR NOT TO BE .....
Dow Jones up .... Canopy follows , good day for day-trading
Dow Jones up .... Canopy follows , good day for day-trading
what is next ? ..... can we say that coming earning will be the start of funeral ?
you lost a chance again to stay silent ..
Consensus EPS Forecast of -$0.19 means a loss of $91.2 M so there is a serious chance that a loss will be much bigger than $91.2M
next earning : Nov.4
Consensus EPS Forecast : -$0.19 .... BIG LOSS AGAIN ?
I see a lot of people here who repeat the same lines again and again without any merit ... they have no clue what they talk about and should stay away from stocks for good ... when I shorted ( last time ) at $3.75C Happyglass advised me , right away , to cover because the price went up .... my answer was NO , AT THIS MOMENT CANOPY IS A SUBJECT OF MANIPULATIONS , WATCH THE PRICE AFTER A FEW WEEKS ... what do we see today ? ... is it possible that soon we will see 52 week low ?
interest rate up by 0.75 .... it means you spend less for grocery but stock will go down like a rock ....
big volume , substantial drop .... bad sign
it means the END of monsters like Canopy .... move in right direction !
very typical but interesting situation .... there is a few way to push the price up by BIG GUYS ... one of them is a rapid , large BUY which lasts as long as HYPE is created .... than TONNES of naive people jump to buy ... this is the momennt when BIG GUYS SELL .... this is what we see today , watch this price after a few weeks ...
you smoke again ....