I think It still has a bit more to go down in short term, some people may sell their new shares from the CR to make a quick profit, but they should just hold them! Assuming operations and markets meet forecasts, CGC will definitely be north of current price this time next year. We don't want anymore downgrades! I hope mgt have included contingencies in their current forecast. this time they are in a position where they should under promise and then try to over deliver. but in reality they've probably over promised to get the CR through....who knows. be good to see a few more directors buying
CGC Price at posting:
$2.52 Sentiment: Hold Disclosure: Held