Replies to post #70560 on Canopy Growth Corp (WEED)

[UnderOath-KY]

we need a new wave of investors with updated news concerning pending legalization. I personally haven't seen any spotlight on the sector in the US while most news is being consumed by POTUS and his tweets. It will come shortly imo

[AgentSmith]

all the true believers are tapped out and can't support constant sell off

I don't understand this remark. (Not trying to be argumentative - just trying to understand.) Do you mean "true believers" aren't able to continue propping-up the share price?

I'd argue "true" believers ought only be concerned about holding and accumulating - i.e., investing in an industry and/or a company - not propping-up share prices.

I just can't picture Bruce Linton jumping-in and slapping asks from this laptop every time CGC's stock price threatens a dip. Arguably, he's the biggest "believer" of all, isn't he?

Or perhaps I'm misinterpreting your meaning.

[alpine79]

tapped out, or waiting and watching for an entry...

GMP and Beacon are the two largest buyers this AM, collectively purchasing 150,000+ shares (and selling none)