 |
|
11-16-2016, 05:55 PM
|
 |
|
|
Join Date: Nov 2008
Posts: 11,348
|
|
I put a stop loss in at 13.60, right in the middle of a big drop. Q trade has still not posted what I got for them. Hopefully right around there. I bought in at 3 dollars so I'm happy. I don't think it will go up anymore, it was over priced at 10.
__________________
“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”
Thomas Sowell
|
11-16-2016, 06:11 PM
|
|
|
|
Join Date: Jan 2015
Posts: 497
|
|
Quote:
Originally Posted by pikergolf
I put a stop loss in at 13.60, right in the middle of a big drop. Q trade has still not posted what I got for them. Hopefully right around there. I bought in at 3 dollars so I'm happy. I don't think it will go up anymore, it was over priced at 10.
|
No one knows what will happen. But Cgc had 7 up days before today. A pull back was bound to happen.
|
11-16-2016, 06:34 PM
|
|
Banned
|
|
Join Date: Aug 2016
Posts: 0
|
|
Quote:
Originally Posted by pikergolf
I put a stop loss in at 13.60, right in the middle of a big drop. Q trade has still not posted what I got for them. Hopefully right around there. I bought in at 3 dollars so I'm happy. I don't think it will go up anymore, it was over priced at 10.
|
Bought in for 2.40, sold half yesterday at 13.48. I'm pretty happy.
|
11-17-2016, 06:30 PM
|
|
Banned
|
|
Join Date: Sep 2012
Posts: 2,052
|
|
Quote:
Originally Posted by I_forget
No one knows what will happen. But Cgc had 7 up days before today. A pull back was bound to happen.
|
Yesterday was not a pull back it was the purposefull act of stock manipulation by the IIROC via trading halts.Somebody felt Canopy was overheated and decided to take the stock down a notch.
Today Canopy traded in the range it has for the last week with 10.2 million shares in volume and it was up by $1.66 which is still below the close on Tuesday.I have never seen 8 trading halts on a stock in a single day of trading.Some other members mentioned Bre-X but that is a completely different thing when investors find out it was a stock ponzie scheme and the gold was a hoax.I did not have enough money at the time to invest in Bre-X but if I had and had gotten in at .10 cents a share and saw the stock hit $20 a share I most definately would have sold.If I did hang on a bit longer the BIG sell for me was when the geologist supposedly jumped out of a helicopter of Borneo....he did not jump he was thrown out....only way he jumped if it was DB Cooper style with millions safely tucked away in a swiss bank account and a parachute on his back and a nice new false identity....naw he was thrown out 
Back to the slow grind upwards for CGC I hope.
FTH
|
11-17-2016, 07:14 PM
|
|
Banned
|
|
Join Date: Aug 2016
Posts: 0
|
|
Quote:
Originally Posted by From The Hip
Yesterday was not a pull back it was the purposefull act of stock manipulation by the IIROC via trading halts.Somebody felt Canopy was overheated and decided to take the stock down a notch.
Today Canopy traded in the range it has for the last week with 10.2 million shares in volume and it was up by $1.66 which is still below the close on Tuesday.I have never seen 8 trading halts on a stock in a single day of trading.Some other members mentioned Bre-X but that is a completely different thing when investors find out it was a stock ponzie scheme and the gold was a hoax.I did not have enough money at the time to invest in Bre-X but if I had and had gotten in at .10 cents a share and saw the stock hit $20 a share I most definately would have sold.If I did hang on a bit longer the BIG sell for me was when the geologist supposedly jumped out of a helicopter of Borneo....he did not jump he was thrown out....only way he jumped if it was DB Cooper style with millions safely tucked away in a swiss bank account and a parachute on his back and a nice new false identity....naw he was thrown out
Back to the slow grind upwards for CGC I hope.
FTH |
Nah, he threw someone elses body out of heli and is living it up with his millions on an island paradise
|
11-17-2016, 07:24 PM
|
|
|
|
Join Date: Jan 2015
Posts: 497
|
|
Quote:
Originally Posted by From The Hip
Yesterday was not a pull back it was the purposefull act of stock manipulation by the IIROC via trading halts.Somebody felt Canopy was overheated and decided to take the stock down a notch.
Today Canopy traded in the range it has for the last week with 10.2 million shares in volume and it was up by $1.66 which is still below the close on Tuesday.I have never seen 8 trading halts on a stock in a single day of trading.Some other members mentioned Bre-X but that is a completely different thing when investors find out it was a stock ponzie scheme and the gold was a hoax.I did not have enough money at the time to invest in Bre-X but if I had and had gotten in at .10 cents a share and saw the stock hit $20 a share I most definately would have sold.If I did hang on a bit longer the BIG sell for me was when the geologist supposedly jumped out of a helicopter of Borneo....he did not jump he was thrown out....only way he jumped if it was DB Cooper style with millions safely tucked away in a swiss bank account and a parachute on his back and a nice new false identity....naw he was thrown out
Back to the slow grind upwards for CGC I hope.
FTH |
It's single stock circuit breakers which caused all the halts. Computer making the halts not some guy in Toronto or the illuminati. Gain or drop of 10% in 5 minutes trips it.
https://www.google.ca/amp/business.f...it-breaker/amp
|
11-17-2016, 07:44 PM
|
|
|
|
Join Date: Aug 2009
Posts: 743
|
|
Aurora for me, and they grow out of Cremona. Big facility expansion proposed, community hearing is tonight. All are following cgc right now but some other good players, mettrum, ogi, aphria. If legalization goes through watch the revenues fly. Dot. Com over again just alot less players. Coming to a Shoppers near you.
|
11-18-2016, 05:25 AM
|
|
|
|
Join Date: Aug 2012
Posts: 2,169
|
|
The potential is probably huge but in canopys case the company is valued at one billion dollars for selling 2000lbs of pot in one quarter..... which is 10 million in total revenue max or less.
|
08-18-2018, 11:02 PM
|
|
|
|
Join Date: Nov 2012
Posts: 183
|
|
Quote:
Originally Posted by pikergolf
I put a stop loss in at 13.60, right in the middle of a big drop. Q trade has still not posted what I got for them. Hopefully right around there. I bought in at 3 dollars so I'm happy. I don't think it will go up anymore, it was over priced at 10.
|
Sure is interesting looking back into the past. WEED currently trading at $44 after a $5B investment from Constellation Brands. Might revisit this in 3-5 more years when WEED is $200 / share.
I own APH, ACB and GLH.
|
08-19-2018, 03:46 AM
|
|
Banned
|
|
Join Date: Jan 2016
Posts: 4,134
|
|
Get out while you can still make a profit. Medical marijuana and marijuana in general will drop in price significantly when the market is flooded in a couple years and possibly sooner. The break even price for producers is coming. Good for us and bad for them. Why would someone pay $15 a gram when they could grow it for $1.50? My prediction is many people will loose big time in the whole industry. Look at oregon for example, over a million kilos in stock because they can’t sell it. I have paid $17.50 a gram from my producer which is robbery in my eyes and it’s the corporations like this that will sink the quickest when the flood happens.
|
08-19-2018, 05:49 AM
|
|
|
|
Join Date: May 2007
Location: Edm.
Posts: 4,903
|
|
Wait when the tobacco companies start growing it .
|
08-19-2018, 06:02 AM
|
|
|
|
Join Date: Nov 2008
Posts: 11,348
|
|
Quote:
Originally Posted by rokman
Sure is interesting looking back into the past. WEED currently trading at $44 after a $5B investment from Constellation Brands. Might revisit this in 3-5 more years when WEED is $200 / share.
I own APH, ACB and GLH.
|
Good Lord, please don't remind me. LOL
__________________
“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”
Thomas Sowell
|
08-19-2018, 07:44 AM
|
|
Banned
|
|
Join Date: Dec 2007
Location: Edmonton
Posts: 2,485
|
|
Quote:
Originally Posted by rokman
Sure is interesting looking back into the past. WEED currently trading at $44 after a $5B investment from Constellation Brands. Might revisit this in 3-5 more years when WEED is $200 / share.
I own APH, ACB and GLH.
|
It is a proposed transaction at this time. If the Gov of Canada says no to the deal Weed will drop back down to $25-30/share.
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 06:51 AM.
|
Linear Mode
