Canopy Growth (CGC)

vanzandt said:
What's not to like on this one?
Its pulled way back off its highs. ($37)
The House flips Liberal.
Sessions is out more than likely...and he's not a big fan. https://www.independent.co.uk/news/...stice-department-anti-drug-laws-a7425511.html

Beto among others, is however a big fan.
I expect a big push for Federal legalization.
Trump will be on board. Get them Millennial votes.
Constellation Brands (STZ) has a 4 Billion stake. (Hey..If you can't beat em...)
China trade worries mean nothing.
Interest rate worries mean nothing.
Its the best of breed in its niche and its not going away.
I think, all things considered, its one of the best and safest long term stocks out there right now.
We'll see. If hit hits $35... bet the farm.
More...

I've been in WEED (tsx) since the $8-9CAD level and holding. Great trade.

Recently, I put a bunch into ACB which in my opinion, is going to come out the real leader of the cannabis wars.

ALEF will likely be another winner, so I loaded up there too. Great company. I hope they hit the nasdaq soon.

Even at these prices, some of these companies are bargains. I don't know what you guys hear about the recreational market here but demand is off the charts, no one can keep up.
 
vanzandt said:
Truer words have never been spoken. My play here Scat is purely based on anticipating their move. The big players do look at fundy's. They have to. Valuations aside, they're gonna need some exposure to this sector. This isn't like BTC.
The big catalyst I see for the very near term... is the elections.
When this thing starts back up, its gonna move fast.
I may be wrong, but I think it'll be in the mid-$40's very soon.
We'll see.
More...

Maybe by today's end. :)
 
Down huge. (10%)
They missed revenue's horribly. 23M(C) vs. 60M(C) expected.
$34.75
There'll be lots of action on this one today.

Edit: No shares to short.
 
vanzandt said:
Down huge. (10%)
They missed revenue's horribly. 23M(C) vs. 60M(C) expected.
$34.75
There'll be lots of action on this one today.

Edit: No shares to short.
More...

and ate all of that too....forgot to follow my advice of trading these things as intaday only
 
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