Thanks. Not sure why accredited investors would oversubscribe to a bought deal at $3.65 if it was just going to retrace to below that? They are in it to make money and have millions on the line. Sp has yet to drop below a bought deal price. We'll see but there will be some support at that level that charts cannot tell you. Oh well if CGC drops below bought deal price so will APH, MT and OGI. IMO
Watch for people trading Canadian currency for cgc equity and visa versa - when that happens this is going either up, down, or sideways - true in the past, true in the future
Best be thinking business - Technical analysis of trades gone by doesn't reveal information about the future decisions of Market participants