Investing

Cannabis (Marijuana) Stocks

  • Last Updated:
  • Oct 15th, 2019 11:44 am
Member
Mar 4, 2010
464 posts
173 upvotes
Toronto
johanscott wrote:
Dec 28th, 2017 1:06 pm
Bought it twice at around 3.10 and 3.29. I'm sure it'll bounce back in the long run but lol I work up today at 11:10am and I saw it drop $1.40 in a span of 15 mins so it was definitely something that got me worried.
of course i sit here for 2 hours waiting for it to open up again, finally decide to leave my desk and do the company's bank deposit run. Come back and i'm up 1800

Edit: got out at 3.50, looks like shes crashing again
Newbie
Sep 6, 2014
65 posts
24 upvotes
Hindenburg1 wrote:
Dec 28th, 2017 1:22 pm
Namaste is going to give me a heartattack. What a ride!

Anyone holding for tomorrow's earnings?
Is Namaste reporting quarterly earning tomorrow? Any link please?
Newbie
Jan 3, 2017
60 posts
8 upvotes
N is bouncing all over the place today...Unpredictable lol
Newbie
Sep 6, 2014
65 posts
24 upvotes
Trade for Namaste halted again. Was about to pull trigger when it was down $.76. Damn!!
Sr. Member
User avatar
Mar 27, 2012
764 posts
92 upvotes
Baffin Island, NU
hebsie wrote:
Dec 28th, 2017 12:42 pm
Anybody taking profits today? The temptation to lock it in is very strong!
I'm still holding my core share (APH) until I see 200% gain then I might consider selling partial to get my initial investment.
For Sale

Lenticular Coin and Stamp Set - Superman: Then and Now (2013) for $40.00 + S&H
Deal Addict
Mar 22, 2012
1980 posts
312 upvotes
Toronto
djfunk wrote:
Dec 28th, 2017 1:37 pm
of course i sit here for 2 hours waiting for it to open up again, finally decide to leave my desk and do the company's bank deposit run. Come back and i'm up 1800

Edit: got out at 3.50, looks like shes crashing again
Im still holding but gonna sell half if I reach 3.75. Itll bounce at some point but lol today has not been a fun day
Sr. Member
User avatar
Mar 27, 2012
764 posts
92 upvotes
Baffin Island, NU
I wonder what is everybody's contingency plan post July or cannabis legislation?
For Sale

Lenticular Coin and Stamp Set - Superman: Then and Now (2013) for $40.00 + S&H
Member
Mar 4, 2010
464 posts
173 upvotes
Toronto
johanscott wrote:
Dec 28th, 2017 2:35 pm
Im still holding but gonna sell half if I reach 3.75. Itll bounce at some point but lol today has not been a fun day
I've taken my profit from EAT and N today.

N seems too volatile. Doesn't know if it's coming or going at this point. From what i've experienced in the stock market in the past, those are red flags for me to stay away. I got lucky that it bounced back up after the second halt was lifted. Someone sold a boatload of shares, if that doesn't speak to the NR tomorrow, i don't know what does
Deal Expert
User avatar
Feb 11, 2009
16483 posts
2603 upvotes
Toronto
Jon Lai wrote:
Dec 28th, 2017 12:51 am
Should've at least bought some options to protect the sale :)
I honestly wasn't expecting this. And today its up another 10%...i'm kicking myself. Could've gone on a nice vacation.
Newbie
Jan 3, 2017
60 posts
8 upvotes
Holding onto N for the long run.

It's been going up for the past two weeks and today is the one red zone day and some are in panic mode...Definitely volatile in the MJ sector since some of my other holdings gone up without any major news.
Deal Addict
Nov 17, 2007
1875 posts
325 upvotes
Kitchener
Just sold 30% of my Can, Aph and Aurora to cover my initial investment and will ride with the rest. Just couldn't justify the rapid rise and didn't want to regret not selling as I did when it Can hit $18 last year. Keeping the cash in limbo in case I see a reentry point.
Deal Addict
User avatar
Jul 11, 2011
3450 posts
1820 upvotes
Ontario
Out on -->

HVST at $1.30
WEED at $30.25

Couldn't turn down the quick money on WEED, HVST scares the heck out of me, and tomorrow, well it just has to be a BEAR day!


....<waits for WEED to now break all time highs :rolleyes: >....
Deal Fanatic
Apr 25, 2006
5402 posts
679 upvotes
Well my call on N was wrong. Its a beast and again, can never predict price movements. It's a fools game.
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Member
Nov 29, 2013
216 posts
208 upvotes
TORONTO
hebsie wrote:
Dec 28th, 2017 3:58 pm
Out on -->

HVST at $1.30
WEED at $30.25

Couldn't turn down the quick money on WEED, HVST scares the heck out of me, and tomorrow, well it just has to be a BEAR day!


....<waits for WEED to now break all time highs :rolleyes: >....
Weed is and has been in record territory for a while. It's at its all time high so you getting out today was probably a good move. This is waaaaaay overdue for a correction. 6B valuation on this is ludicrous imo.

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