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That EOD APH/WEED run... :megusta:

Never thought it would be this close to $70 this quickly.

$80 next? $90? $100?

Would there be even a point in buying WEED right now? Too hard to figure out if they would keep climbing! Also another stock on the rise would be TGOD

Can we just rename this the "Weed Stocks Thread" already?

Quote:

Originally Posted by Nabatron (Post 8917593)

Would there be even a point in buying WEED right now? Too hard to figure out if they would keep climbing! Also another stock on the rise would be TGOD

I sense a beverage deal with these guys. But too poor to invest in them

Pulled some profits out of weed and got back into the “safer” side of my portfolio getting into GE as a long term hold. Hovering around a 52 week Low, felt like a decent entry point

https://www.bnnbloomberg.ca/canopy-j...-tsx-1.1132689

Quote:

Canopy Growth Corp., the world’s biggest cannabis producer, continued to extend its market rally Tuesday, catapulting to a record valuation and placing it ahead of some major Canadian firms.

The Smiths Falls, Ont.-based company shot up 8.2 per cent in mid-morning trading on the Toronto Stock Exchange on Tuesday and now has a market capitalization north of $14.36 billion, making it the 45th largest company on the Canadian bourse. The rally pushed Canopy’s valuation ahead of other Canadian companies such as Open Text Corp., Power Corp. of Canada and Shaw Communications Inc.

The jump in Canopy shares comes after Cowen & Co. analyst Vivien Azer raised her price target on the company to a “Street High” $74 from $56, while maintaining an “Outperform” rating in a report released to clients on Tuesday.

“We recently hosted meetings with [Canopy’s] management team and we walked away more constructive on [Canopy’s] ability to establish an early lead in the adult use cannabis market, as well as domestic and international medical cannabis markets,” Azer said in the report.

“With the ability to capture a strong early lead both domestically and internationally and generate CPG-like margins, we think [Canopy’s] valuation remains reasonable.”

Other major Canadian cannabis producers were also having a strong day on the market on Tuesday. Aphria Inc. was up 6.3 per cent on Tuesday while Aurora Cannabis Inc. rose 0.45 per cent.

Meanwhile, Cronos Group Inc. advanced 14.4 per cent after announcing it’s partnering with Ginkgo Bioworks Inc. in a US$122-million deal to genetically engineer active compounds in marijuana. The Toronto-based pot producer was hit by a report by short-seller Citron Research last week that questioned its disclosures to investors.

I'm supposed to do my monthly VGRO buy but am thinking of buying more weedstocks instead.

Hit 73.96 this morning, couldn't break $74... are we gonna see a bearish run?

Thinking about setting stop loss limit for WEED, maybe $65? What do you guys think? $67?

What are your thoughts on G? I think I may get in soon and hold it for quite some time.

I'd be weary of getting into WEED right now. I can only assume it's speculation and high hopes for October. This is nothing new, some good news, followed by large run up, then the profit taking kicks in.

I'm thinking about getting out of weed

Sent from my Pixel XL using Tapatalk

Quote:

Originally Posted by BIC_BAWS (Post 8917715)

Thinking about setting stop loss limit for WEED, maybe $65? What do you guys think? $67?

yea there is heavy support at $65, if it breaks below that though it's gonna be a nose dive

trend still hasn't broken yet, still setting lower highs every day

Everyone mentioning big players. Anyone got small players that are 5 bucks under?

Quote:

Originally Posted by DavidNguyen (Post 8917789)

Everyone mentioning big players. Anyone got small players that are 5 bucks under?

main "cheap" plays are on the venture, ALEF FIRE VIVO HIP are a few
stay away from anything on the cse

Quote:

Originally Posted by DavidNguyen (Post 8917789)

Everyone mentioning big players. Anyone got small players that are 5 bucks under?

VST if you're down for some Bitcoin technology. It's a Canadian company that has acquired several companies that's focused in utilizing crypto currency.

News release is happening on Sept 15. It's supposed to hit $8, but a good exit is $3. Currently at $1.

Bought in at 70 cents LOL

Then again the last time I listened to someone else who heard from someone in the company, I ended up with the shit hole called EMH. "It's gonna hit $10" LOL rip

Sent from my Pixel XL using Tapatalk

Quote:

Originally Posted by reza (Post 8917791)

main "cheap" plays are on the venture, ALEF FIRE VIVO HIP are a few
stay away from anything on the cse

Thanks. Yea I heard of those. Why stay away fro. CSE?

I was looking at FIRE. But bought MPX instead

Sold all my OGI and went 100% with APH prior to that $20 wall. No regrets.

Looking forward to APH listing on an american exchange soon!

debating on weather to sell APH or just hold and let that bish ride! fucking Aurora not even moving into the green lol

Quote:

Originally Posted by Nabatron (Post 8917894)

debating on weather to sell APH or just hold and let that bish ride! fucking Aurora not even moving into the green lol

Thinking of dumping ACB and putting it towards something else.

Not quite moving up like the big players.

not sure why Aurora isn't moving like the rest! Maybe too busy buying anything and everything on the market lol

I still have some ACB but will continue to hold. I keep getting tempted to sell WEED and APH but am going to stay strong until October or even longer.