Replies to post #118395 on Canopy Growth Corp (WEED)

[Another Casualty]

I think this week will be one of ups and downs as investors believe that we have reached bottom start to dip their toes. That's fine. I'm more worried about sentimate when those case numbers explode to 10K by the end of the week. I suspect we will see a pretty bounce come Monday. Again it's the end of the week I'm more interested in.

I still don't think we've hit bottom so I'll hold off on any long term investments. I will probably be in and out as I have been doing for the last 2 weeks. To risky to buy and hold.

Conservatively speaking taking an initial stake in any stocks you've chosen at these levels would be a bad move so long as you reserve some funds to load additional shares should it continue to go down.

I'm more of an extremist. I'm looking for at least a 40% shave off the major markets.

[Another Casualty]

Next events that may raddle the market to consider are the following in any order.

1) systems overwhelmed (hospitals and staffing)
2) supply shortage
3) insufficient tests, slow tests, or false readings mistakes, bad system.
4) panicking public. (Weve already seen this once)
5) martial law or military intervention (can be a good thing in my opinion if enacted soon. Bad thing if its inacted to late.)
6) europe or other countries fail.
7) new feed back loops already in full swing and continuing to grow one global scale. IE oil or excess metals.
8) quarterly results over the next 2 years.
9) extent of recovery or continued pandemic that last several years.

This is just a few of the items I'm thinking about.