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08-24-2018, 08:01 AM
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#9651 | | My homepage has been set to RS
Join Date: May 2011 Location: Langley
Posts: 2,297
Thanked 503 Times in 282 Posts
Failed 56 Times in 36 Posts
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Weed going crazy again today
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08-24-2018, 08:19 AM
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#9652 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,344
Thanked 4,863 Times in 1,664 Posts
Failed 165 Times in 63 Posts
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Jesus christ $59 already??
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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08-24-2018, 09:13 AM
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#9653 | | #savethemanuals
Join Date: May 2008 Location: Richmond
Posts: 3,980
Thanked 2,551 Times in 950 Posts
Failed 106 Times in 40 Posts
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Can't wait for $60. We were almost there already.
And APH is making me happy now too haha.
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08-24-2018, 09:19 AM
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#9654 | | My homepage has been set to RS
Join Date: May 2011 Location: Langley
Posts: 2,297
Thanked 503 Times in 282 Posts
Failed 56 Times in 36 Posts
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Originally Posted by hirevtuner  sold all my shares today, bought mine it at $12/share | too soon junior lol jk u made bank might as well get out when it was hot!
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08-24-2018, 09:19 AM
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#9655 | | My homepage has been set to RS
Join Date: May 2011 Location: Langley
Posts: 2,297
Thanked 503 Times in 282 Posts
Failed 56 Times in 36 Posts
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aurora needs to get past $8.77 then ill be happy haha
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08-24-2018, 10:05 AM
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#9656 | | #savethemanuals
Join Date: May 2008 Location: Richmond
Posts: 3,980
Thanked 2,551 Times in 950 Posts
Failed 106 Times in 40 Posts
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$9.5 for me  I bought ACB late.
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08-24-2018, 10:05 AM
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#9657 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,344
Thanked 4,863 Times in 1,664 Posts
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| Quote:
Originally Posted by Energy I actually don't know why the price keeps going up now. There's nothing new since the Constellation deal. | According to Motley Fool,
Consetellation initally purchased a 9.9% equity stake in Canopy Growth in late October 2017 for about $190 million.
In June, Constellation Brands further solidified its position by acquiring a third of Canopy Growth's 600M CAD convertible note. Quote: |
Then, last week, Constellation Brands surprised Wall Street when it announced an additional $3.8 billion equity investment in Canopy Growth, which works out to 104.5 million shares of common stock. The price Constellation paid per share to up its ownership stake in Canopy Growth to 38% was a 51% premium to where Canopy had closed on the day prior to the equity stake announcement. Furthermore, the deal comes with 139.7 million in new warrants to be held by Constellation Brands. If exercised, it could up its stake in Canopy Growth to more than 50%.
| Given this, there is a real possibility that Canopy Growth will be the last one standing after the speculation period is over - Oct 17, 2018. Maybe we can expect to see long term growth to be worth hundreds of dollars.
But I'm not in it for the long term play.
Edit: Analysts think that market cap for WEED is 11.5Mil, it's currently sitting at 11Mil. Getting close.
Edit 2: https://www.fool.com/investing/2018/...x?fs_test=True Quote:
Another important factor is that the opening of Canada's recreational marijuana market is right around the corner. The country is scheduled to begin allowing sales of recreational cannabis for adult use on Oct. 17, 2018. Earlier this week, Ontario, which has the largest population of all of Canada's provinces, announced supply agreements with 26 licensed producers, including Canopy Growth, Cronos Group, and Tilray.
Other Canadian marijuana stocks have also enjoyed big moves, but Canopy Growth, Cronos Group, and Tilray have stood above the pack. The most likely reason behind this is that they're the only Canadian marijuana stocks that are listed on U.S. exchanges.
Now what?
If we're indeed seeing institutional investors move into the top Canadian marijuana stocks, it could take a while for them to reach their target positions. While their buying continues, it will likely attract other investors to the stocks as well.
| So it looks like maybe institutional investors are carrying the growth. No doubt the correction will happen soon, whether thats Monday or not is the real question. Still holding 60% of my original position in WEED, hope it goes up higher. Stop limit set at 57.
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
Last edited by BIC_BAWS; 08-24-2018 at 11:22 AM.
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08-24-2018, 10:56 AM
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#9658 | | #savethemanuals
Join Date: May 2008 Location: Richmond
Posts: 3,980
Thanked 2,551 Times in 950 Posts
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APH to $14 today?!
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08-24-2018, 01:33 PM
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#9659 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Jan 2005 Location: Vancouver
Posts: 9,568
Thanked 3,604 Times in 1,216 Posts
Failed 236 Times in 60 Posts
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Originally Posted by Energy $9.5 for me I bought ACB late. | How late is late? 
__________________ Quote:
Originally Posted by The_AK Or you meet some girl at the club, cum inside of her, find out shes only in grade 12, so you buy a Prada bag for her to make things right, she finds out the bag is a fake and decides to have the kid | Quote:
Originally Posted by RX_Renesis wtf did she get some bolt-on titties or what?
they look sooooooooooo much bigger than they were 2ish years ago. | Quote:
Originally Posted by nns I can't stand the sound of Mandarin either. Boo yow nee bey nee shing bo now noong gey shee mayo mayo mayo mayo mayo mayo mayo. | | |
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08-24-2018, 05:49 PM
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#9660 | | God of Unce
Join Date: May 2008 Location: ASOT
Posts: 7,828
Thanked 167 Times in 43 Posts
Failed 285 Times in 103 Posts
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What a glorious day
__________________
UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! UNCE! | |
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08-24-2018, 07:29 PM
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#9661 | | #savethemanuals
Join Date: May 2008 Location: Richmond
Posts: 3,980
Thanked 2,551 Times in 950 Posts
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It was indeed.
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08-27-2018, 09:04 AM
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#9662 | | #savethemanuals
Join Date: May 2008 Location: Richmond
Posts: 3,980
Thanked 2,551 Times in 950 Posts
Failed 106 Times in 40 Posts
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Its time for APH to shine!
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08-27-2018, 09:15 AM
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#9663 | | My homepage has been set to RS
Join Date: May 2011 Location: Langley
Posts: 2,297
Thanked 503 Times in 282 Posts
Failed 56 Times in 36 Posts
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Hoping Aurora starts shooting up! Stocks moving up again today!
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08-27-2018, 09:20 AM
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#9664 | | My homepage has been set to RS
Join Date: May 2011 Location: Langley
Posts: 2,297
Thanked 503 Times in 282 Posts
Failed 56 Times in 36 Posts
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Cron going up lots too
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08-27-2018, 09:27 AM
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#9665 | | #savethemanuals
Join Date: May 2008 Location: Richmond
Posts: 3,980
Thanked 2,551 Times in 950 Posts
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Yeah CRON doing well. Don't have any though...
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08-27-2018, 10:48 AM
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#9666 | | My homepage has been set to RS
Join Date: May 2011 Location: Langley
Posts: 2,297
Thanked 503 Times in 282 Posts
Failed 56 Times in 36 Posts
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Do u think this trend is going to continue? Stocks are going bananas right now!
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08-27-2018, 11:39 AM
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#9667 | | RS has made me the bitter person i am today!
Join Date: Nov 2010 Location: /
Posts: 4,928
Thanked 2,646 Times in 1,021 Posts
Failed 253 Times in 72 Posts
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I've had 6 green days in a row now. Just hit a portfolio all time high.  Still want a crash to come though.
__________________
2022 Velo N
2005 S2000
2007 CSX Type-S [Sold]
2002 RSX-S [T-Boned]
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08-27-2018, 11:48 AM
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#9668 | | #savethemanuals
Join Date: May 2008 Location: Richmond
Posts: 3,980
Thanked 2,551 Times in 950 Posts
Failed 106 Times in 40 Posts
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I'm holding until October and my plan hasn't changed.
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08-27-2018, 12:25 PM
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#9669 | | My homepage has been set to RS
Join Date: May 2011 Location: Langley
Posts: 2,297
Thanked 503 Times in 282 Posts
Failed 56 Times in 36 Posts
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Man if Aurora hits to somehow canopys level I think I'm going to retire lol jk but fuck shit is going bananas since last week hoping this trend just keeps going. Don't get how canopy has gained so much compared to all the other weed conpanies
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08-27-2018, 05:28 PM
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#9670 | | Even when im right, revscene.net is still right!
Join Date: Feb 2005 Location: VEGAS
Posts: 1,387
Thanked 198 Times in 131 Posts
Failed 77 Times in 32 Posts
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Originally Posted by Nabatron Man if Aurora hits to somehow canopys level I think I'm going to retire lol jk but fuck shit is going bananas since last week hoping this trend just keeps going. Don't get how canopy has gained so much compared to all the other weed conpanies |
Isnt canopy in the states now too? Maybe Americans are buying them too. I dont know haha
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08-27-2018, 05:39 PM
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#9671 | | Need my Daily Fix of RS
Join Date: Apr 2013
Posts: 282
Thanked 170 Times in 68 Posts
Failed 15 Times in 5 Posts
| Quote:
Originally Posted by BIC_BAWS According to Motley Fool,
Given this, there is a real possibility that Canopy Growth will be the last one standing after the speculation period is over - Oct 17, 2018. Maybe we can expect to see long term growth to be worth hundreds of dollars. | Don't under estimate Aurora. Diageo (The largest liquor company in the world) is rumoured to be shopping around for a company in Canada. Constellation is already with Canopy so...
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08-27-2018, 05:49 PM
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#9672 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,344
Thanked 4,863 Times in 1,664 Posts
Failed 165 Times in 63 Posts
| Quote:
Originally Posted by DavidNguyen Isnt canopy in the states now too? Maybe Americans are buying them too. I dont know haha | Yes:
"Other Canadian marijuana stocks have also enjoyed big moves, but Canopy Growth, Cronos Group, and Tilray have stood above the pack. The most likely reason behind this is that they're the only Canadian marijuana stocks that are listed on U.S. exchanges"
Can't quote my own quote LOL
Sent from my Pixel XL using Tapatalk
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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08-27-2018, 09:03 PM
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#9673 | | Everyone wants a piece of R S...
Join Date: Oct 2005 Location: Vancouver
Posts: 384
Thanked 93 Times in 49 Posts
Failed 25 Times in 5 Posts
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You guys have to understand between SP and how many shares are actually on the market for the specific company.
You can't say Canopy is at $60 so Aurora can be $60 as well if they do just as well as Canopy, look at keyword dilution and go look how many shares Aurora has compared to Canopy, you can figure out the rest.
I have both CAD(acb.to) and USD(ACBFF) for Aurora, so yes,Aurora is actually available in US/Canadian market.
are you guys investing in stocks like crypto without proper understanding? FOMO much?
lol, good luck to all still!
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08-27-2018, 09:19 PM
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#9674 | | Say! Say! Say!
Join Date: Aug 2005 Location: Japan
Posts: 15,440
Thanked 3,336 Times in 1,465 Posts
Failed 240 Times in 64 Posts
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^ aka. market cap
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
Originally Posted by 89blkcivic Did I tell you guys black is my favourite colour? My Ridgeline is black. My Honda Fit is black. Wish my dick was black........ LOL. | | |
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08-28-2018, 09:17 AM
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#9675 | | Rs has made me the woman i am today!
Join Date: Apr 2013 Location: revscene
Posts: 4,344
Thanked 4,863 Times in 1,664 Posts
Failed 165 Times in 63 Posts
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Annnnd we're down $5 rip.
Also TD is a scam. Bought at market 0.75 with 0 other orders to be filled. Gave it to me at 0.81 wtf.
Sent from my Pixel XL using Tapatalk
__________________
|| 18 FK8 | R-18692 | Rallye Red | 6 MT ||
|| SOLD 97 E36 M3 Sedan | Arctic Silver | 5MT ||
|| RIP 02 E46 330ci | Schwartz Black II | 5MT | M-Tech II | Black Cube | Shadowline | Stoff Laser/Anthrazit ||
|| RIP 02 E46 M3 | Carbon Black | 6MT ||
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