12:10:52 EDT Fri 30 Sep 2022
Enter Symbol
or Name

Login ID:
Aurora Cannabis Inc
Symbol ACB
Shares Issued 452,733,103
Close 2018-01-09 C$ 13.63
Recent Sedar Documents

Globe says use caution when investing in Canopy, rivals

2018-01-09 08:07 ET - In the News

See In the News (C-WEED) Canopy Growth Corp

The Globe and Mail reports in its Tuesday edition that many investors are acting on a fear of missing out on hot sectors and markets. The Globe's Rob Carrick warns bullish investors to be careful. He says there is a fine line between confidence and hubris in investing. The prospect of weed legalization has fired up pot stocks. Canopy Growth was up 248 per cent for the 12 months to Jan. 5. The Horizons Marijuana Life Sciences Index ETF has increased 86 per cent in price in the past month. Mr. Carrick says there is a correct way for mainstream investors to trade hot stocks and sectors. He recommends quarantining your speculative investments -- do not let them mix with your investments for retirement or your children's postsecondary education. He advises speculating with money you can afford to lose, and to be mentally prepared for a loss. In fact, he says you should be prepared to lose everything at worst. Something all investors should bear in mind right now is that the ability to understand risk suffers when there is a lot of enthusiasm about strong markets, sectors and stocks. The big risk right now seems to be missing out, but that, according to Mr. Carrick, is wrong. Losses hurt more than gains feel good.

© 2022 Canjex Publishing Ltd. All rights reserved.