Thursday, August 16, 2018 2:04:32 AM
J Da Balla was mentioning “the good ole’ days.” Yeah, the good ole days. Back in 2014/15, when a trader could literally see their trade charted on the volume graphs and it could move the market one way or another. 30k volume. Today 30m+ on the NYSE. And it has only just begun.
Yesterday, there were plenty of Debbie Downers singing their heads off like song birds about the financials, Today, they sounded like crickets. Was the growth strategy better or worse today than yesterday, or did it just become clearer?
Canopy is positioned well with over 30% volume of the committed MOU’s to date in Canada. I’d say that is a fairly good marketing position. 60k (kg) , not including Ontario, potentially the largest market in Canada.
Mr What2, I enjoy your technical analysis. The strategy is something I only use when ready to enter and exit a position. By that time the more important Fundamental Analysis has been made. Price Actions like this Morning tend not to show up on the charts until after the fundamentals of the business strategy have been executed.
Gotta give my head a shake when I start reminiscing on where this is coming from and where the plan is to go. Interesting note, a Canopy in general terms Covers a substantial terrestrial terrain. Constellations tend to inhibit the entire night sky. What’s all that talk about “to da moon!”?
Cheers to you all
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