InvestorsHub Logo
Followers 2
Posts 17
Boards Moderated 0
Alias Born 11/17/2016

Re: None

Friday, 04/28/2017 12:37:47 PM

Friday, April 28, 2017 12:37:47 PM

Post# of 128526
Last day of the month. Overall, Canadian lumber & dairy markets barraged by Trump comments the last 10 days and investors might be getting out of that new ETF already and waiting for a better climate. Canadian housing bubble getting closer to bursting. Home Capital Group, Canada's largest "non-bank" lender needed emergency bailout line of credit this week. Renegotiating NAFTA. While not directly related to Canopy, all those things created uncertainty, which affected the stock price.
The Mettrum legal exposure will prove to be overblown. Internal control procedures have been implemented to ensure no repeats.

We have support at the 200 day moving average and technical analysis suggests that we will have a healthy bounce off of that once kissed.( I used 10.25 as the hi, not the bullshit 14.39 they are showing as the hi). Not a bad time to keep building your position.
Also, remember that the share shakers are going to be trying to steal your shares at these levels. Be vigilant.
Good luck to all