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Cannabis (Marijuana) Stocks

  • Last Updated:
  • May 23rd, 2019 1:15 pm
Deal Addict
Jan 22, 2006
4331 posts
2082 upvotes
Northside
JRGUINNESS wrote:
Nov 14th, 2018 2:22 pm
Anyone else see at 1:40 there was massive drops on some names.

All at exactly 1:40

Newstrike Brands Ltd. - 658 K

Emblem Corp - 117 K

The Green Organic Dutchman Holdings - 181 K
tempted to throw some $$ on HIP
#WeTheNorth
Member
Jan 6, 2015
253 posts
27 upvotes
lilmikey wrote:
Nov 14th, 2018 2:34 pm
Just got back to my desk , just as I thought APHA mid 12's everything else red , SPY down,
Holding positions and not selling at loss.
Just no way out, better do nothing for me :rolleyes:
Come on Canopy, if you cannot make more money, then buy some company which can do this with STZ 4 B $$$
Deal Addict
Feb 27, 2015
3028 posts
952 upvotes
Toronto, ON
zaidyboy wrote:
Nov 14th, 2018 2:45 pm
tempted to throw some $$ on HIP
Still like them.

Cash on hand, Niagara license yesterday, and Product in stores. Seems like its on deep discount if you ask me.

got $8K at .70
Penalty Box
User avatar
Apr 21, 2004
49216 posts
14548 upvotes
Glad people didn't listen to the short recommendation earlier. :)
Deal Addict
May 17, 2012
2163 posts
917 upvotes
ontario
JRGUINNESS wrote:
Nov 14th, 2018 3:01 pm
Wow, hello Spy crawling back to life!
as soon as it filled the gap from Oct 31st, it made a 180 and started climbing. silly thing.
Deal Addict
Feb 27, 2015
3028 posts
952 upvotes
Toronto, ON
EVE's CEO Melinda was just one Midas Letter

Cliff Notes:
Everything is on schedule,
Growing is running on all cylinders
Stockpiles of cannabis, and just waiting on Health Canada's approval to move it. (She expected it within two weeks, but with HC... could be 2 weeks,months,years)

Just FYI All
Deal Addict
May 17, 2012
2163 posts
917 upvotes
ontario
OGI 1st to green. $5 seems to be the floor.
Deal Fanatic
Apr 25, 2006
5118 posts
531 upvotes
alanbrenton wrote:
Nov 14th, 2018 3:06 pm
Glad people didn't listen to the short recommendation earlier. :)
1. Shorts made money today, even with this bounce
2. Tmw is another day :D
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
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User avatar
Apr 21, 2004
49216 posts
14548 upvotes
1xTiMeR wrote:
Nov 14th, 2018 3:32 pm
1. Shorts made money today, even with this bounce
2. Tmw is another day :D
always depends on the timing
Deal Fanatic
Apr 25, 2006
5118 posts
531 upvotes
alanbrenton wrote:
Nov 14th, 2018 3:33 pm
always depends on the timing
And so does everything else in the market lol

And look I'm just being realistic. We are going to crash. Period. Unless some news can save the bulls. But things are bleak and I was one a bull. Clearly some people are getting hurt today. Sorry about that, but it doesn't get more obvious than post legalization sell off, then the bounce, then... very poop earnings.
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
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Apr 21, 2004
49216 posts
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1xTiMeR wrote:
Nov 14th, 2018 4:13 pm
And so does everything else in the market lol

And look I'm just being realistic. We are going to crash. Period. Unless some news can save the bulls. But things are bleak and I was one a bull. Clearly some people are getting hurt today. Sorry about that, but it doesn't get more obvious than post legalization sell off, then the bounce, then... very poop earnings.
If it's going to crash, why do you close your short positions daily?

Wouldn't it be logical to stay put until your target price is achieved? I mean if your conviction is so good, why close your positions and net it out everyday?
Deal Fanatic
Apr 25, 2006
5118 posts
531 upvotes
alanbrenton wrote:
Nov 14th, 2018 4:14 pm
If it's going to crash, why do you close your short positions daily?

Wouldn't it be logical to stay put until your target price is achieved? I mean if your conviction is so good, why close your positions and net it out everyday?
Because this sector is NUTS.

1. I don't trade earnings, nor hold any positions overnight into them.
2. I am not crazy enough to short Canopy who has 4-5B in cash.
3. Things can turn very quickly for any given name so no shorts there too.
4. Never hope a trade goes in your favor. Establish a plan and execute. Easy as that.
5. I am very new to shorting but if I am good at playing long, I am good at playing short, technically.
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
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User avatar
Apr 21, 2004
49216 posts
14548 upvotes
1xTiMeR wrote:
Nov 14th, 2018 4:21 pm
Because this sector is NUTS.

1. I don't trade earnings, nor hold any positions overnight into them.
2. I am not crazy enough to short Canopy who has 4-5B in cash.
3. Things can turn very quickly for any given name so no shorts there too.
4. Never hope a trade goes in your favor. Establish a plan and execute. Easy as that.
5. I am very new to shorting but if I am good at playing long, I am good at playing short, technically.
So it sounds like you will post when your short positions make money and keep mum if they don't?

Your points kinda give the impressions you're wishy washy but hey, profit is profit so congratulations. :)
Member
Jan 6, 2015
253 posts
27 upvotes
TRST seems ok, not disaster as weed.
When they go to american exchange, things getting ugly a lot Black Question Mark Ornament

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