Canopy Growth Corp (WEED)

[MMPRuser]

The farther it goes above $55 - $60 CAD a share the bigger the reason to sell, and I would say the opposite as well, the lower it goes below that range the bigger the reason to buy. This is what I believe, and I have already made decent money using this as a strategy.

This is true, regardless of whether or not I am correct in my estimation of the value of a WEED share, it remains a fact that the return on an investment is entirely dependent on the price you pay....WEED may be a good buy at $70, may be that it will never justify that price with it's business operations, may be that price will seem absurdly high or low in the future....

but I do know this, $55 is better than $70 for buying, and $70 is better than $55 for selling - no matter what happens, that is true