Investing

Cannabis (Marijuana) Stocks

  • Last Updated:
  • Apr 24th, 2019 7:36 pm
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Oct 16, 2008
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How many people are going to wish they didn't panic sell when this legalizes later this year?
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Ynot2015 wrote:
Apr 9th, 2018 3:28 pm
My PAS is on the runSmiling Face With Sunglasses
They need to take ATE along with them
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hebsie wrote:
Apr 9th, 2018 3:34 pm
They need to take ATE along with them
ATE has plenty of time to pop.

Also, their April Investor Deck - PDF
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Pho6 wrote:
Apr 9th, 2018 3:33 pm
How many people are going to wish they didn't panic sell when this legalizes later this year?
It’s already built into the stocks, that legalization is occurring. They are coming back to earth because investors are now trying to assess long term profitability rather than a FOMO trade.

Still a long way down to go to even get to Oct 31st prices.
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setsunafseiei wrote:
Apr 9th, 2018 1:11 pm
How about ACB and APH? What prices would you suggest for those?
ACB: 5.02 to 5.81, I previously posted about this, and price has to hold the previous low of 7.11, looks like price is already not holding it, today is down more. If it drops below this 7.11, I see price being able to drop to the zone above (5.02 to 5.81), you can take a chance and buy there.

APH: (updated) it is on a big down trend, so the play here is short, not long (buy).

The short/supply zone was: 10.85 to 11.24, and the chance to short was last week, Apr 5, 2018, where price went to a high of 10.92 (entering the above supply zone to short). So if you did short at 10.92 or so, current price is 9.64 (approx). you are already 11% gains.

Next chance to short i see is: 10.04 to 10.48 (put a stop above 10.48)

If you HAD to go long (buy), I really would not recommend it. But if you point a gun at my head (again), then the next (weak) demand zone I see to go long (buy) is: 8.74 to 9.12



Above all, most important is, you MUST pick a stop exit price level, below the low price amount I stated above.

Set it like 10% to 20% of the ATR (Average True Range) of your stock. You MUST set this stop sell in your brokerage, so it is automated.

Also important is, before you enter a trade, look at SPY, DIA, where's the market going. If its a DOWN day, and SPY , DIA is not near any demand, then do NOT buy your stock. The ocean will drag your stock down as well. There is not fighting it.

May all your trades be green!
Last edited by rfdrfd on Apr 9th, 2018 3:52 pm, edited 1 time in total.
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rfdrfd wrote:
Apr 9th, 2018 3:52 pm
ACB: 5.02 to 5.81, I previously posted about this, and price has to hold the previous low of 7.11, looks like price is already not holding it, today is down more. If it drops below this 7.11, I see price being able to drop to the zone above (5.02 to 5.81), you can take a chance and buy there.

APH: I see no real good demand anywhere. IMO, I would not trade APH right now. However, if you put a gun to my head, here's my analysis:

81.55 to 82.16 is possible, but weak, because this demand was what caused the price spike on 2018 Feb 9. So one should not re-use this level again.

The next lower level of demand is: 79.86 to 80.90, but that is a weak level in my opinion. But this is where i would buy in, ONLY because there's a gun to my head to pick a buy point. hehe. Again, stay away from APH, there is no good trade here.

Above all, most important is, you MUST pick a stop exit price level, below the low price amount I stated above.

Set it like 10% to 20% of the ATR (Average True Range) of your stock. You MUST set this stop sell in your brokerage, so it is automated.

Also important is, before you enter a trade, look at SPY, DIA, where's the market going. If its a DOWN day, and SPY , DIA is not near any demand, then do NOT buy your stock. The ocean will drag your stock down as well. There is not fighting it.

May all your trades be green!
you are looking at the wrong APH LOL
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Ynot2015 wrote:
Apr 9th, 2018 3:28 pm
My PAS is on the runSmiling Face With Sunglasses
If it gets to 0.76, I would take some profits. But I wouldn't play any stocks under $18 to begin with.

My $0.02
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esoxhntr wrote:
Apr 9th, 2018 3:55 pm
you are looking at the wrong APH LOL
Oops, sorry didn't realize that. Let me look at the correct APH.

Okay I've updated my post above
Last edited by rfdrfd on Apr 9th, 2018 3:59 pm, edited 1 time in total.
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esoxhntr wrote:
Apr 9th, 2018 3:55 pm
you are looking at the wrong APH LOL
Haha, somebody had corn on their brain...hebs
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rfdrfd wrote:
Apr 9th, 2018 3:59 pm
Oops, sorry didn't realize that. Let me look at the correct APH.

Okay I've updated my post above
although Amphenol Corporation (APH) has had a nice run up over the years lol
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Nov 15, 2006
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lol sometimes I really wish APH were trading in the 80s range. It's a nice dream to have.
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User698854 wrote:
Apr 9th, 2018 4:07 pm
although Amphenol Corporation (APH) has had a nice run up over the years lol
True indeed.

I tell you all, if you want to make money in stocks (which is why you are here), don't bother with Canadian stocks. Convert your cash into USD and trade US stocks.

You will never make big money with CDN stocks. Its just so low volume, low instutitions trading it, affected by silly things.

Even just with Apple (AAPL) options, you can make sooo much more. It follows demand and supply like a textbook!

Even Tesla (TSLA), my friend and I plotted out the latest demand zone and he got in and earned a 9:1 (reward:risk) ratio. He entered at 251, then 3 days later, exited at 306.92 = 22% gains

It was a beauty.

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