Investing

Cannabis (Marijuana) Stocks

  • Last Updated:
  • Apr 18th, 2019 4:05 pm
Newbie
Nov 26, 2009
49 posts
31 upvotes
Picked up 400 Shares of ACB at 7.48 in the wife's TFSA. Anyone else buying?
Member
Jul 17, 2015
245 posts
82 upvotes
jackrabbit000 wrote:
May 16th, 2018 10:31 am
Could have easily gone the other way. I never regret selling for a profit.
Indeed, I'm happy with that, now riding on this 200 sharesSmiling Face With Sunglasses
Member
User avatar
Feb 17, 2017
455 posts
60 upvotes
Set a sell limit at 13.17
Let's do this
Who you know matters sometimes but what you know is invaluable
Deal Addict
User avatar
Jul 11, 2011
3350 posts
1764 upvotes
Ontario
Lots of red candles on APH but who knows. I think at best I get a .40 drop for re-entry.

APH needs to hold 12.90 on the hourly or she may fall
Deal Addict
Jul 27, 2017
1870 posts
714 upvotes
GTA
hebsie, APH is all over the map, frigging thing wont settle down, or could it be small time profit takers?

did you get out at $13+ then get back in when it pulled back?
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Jul 11, 2011
3350 posts
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Ontario
porticoman wrote:
May 16th, 2018 2:08 pm
hebsie, APH is all over the map, frigging thing wont settle down, or could it be small time profit takers?

did you get out at $13+ then get back in when it pulled back?
I bailed with a market sell (which I never do) and got 12.78 early this AM. I was feeling weak and vulnerable -- coffee machine was down fr the ten count Disappointed But Relieved Face-- and those first couple of red candles spooked old hebs! I also had to go to an appt this AM and couldn't babysit the market.

So not back in yet, and obviously could've exited better, but you never know. We could be <$11 right now and I'd be the one laughing! I am going to enter back in, but based on the declining volume the last three trade hours, FOMO is very low.

Predictions are worth nothing, but the dog and I do have fun making them so here goes. I see a bit of a dump coming on the close, maybe a drop back down to re-test that 12.66 support, maybe even test the LOD from earlier (12.59), perhaps we settle on 12.70

If it happens, then tomorrow 'should' be a classic red Thursday, gap-down into Friday AM, then we start over.

If it doesn't happen, oh well, hebs has an extra $65k in the bank and will look for the next green opportunity.



*Disclaimer* Everything said here is just forum chatter between friends. Never buy, sell, or trade a stock based on my/our random thoughts and ramblings. I don't listen to myself, neither should you! :)
Deal Addict
User avatar
Jul 11, 2011
3350 posts
1764 upvotes
Ontario
Weak hands should begin selling any time now. Who's gonna get out first and gamble on a gap-down Thursday??

Must hold 12.85
Deal Addict
Jul 27, 2017
1870 posts
714 upvotes
GTA
hebsie wrote:
May 16th, 2018 3:04 pm
Weak hands should begin selling any time now. Who's gonna get out first and gamble on a gap-down Thursday??

Must hold 12.85
get this sucker back to $10 or below
Deal Addict
Jan 22, 2006
4269 posts
2072 upvotes
Northside
Namaste with the rebound!
#WeTheNorth
Deal Addict
Jan 22, 2006
4269 posts
2072 upvotes
Northside
White Comet wrote:
May 16th, 2018 3:56 pm
wow wth, it was down like 6% this morning now up 6%...
Cannabis market is wack. LOL!
#WeTheNorth
Deal Addict
User avatar
Jul 11, 2011
3350 posts
1764 upvotes
Ontario
porticoman wrote:
May 16th, 2018 3:10 pm
get this sucker back to $10 or below
I doubt we get $10, but we do need to settle the retail buyers down and get things back to reality. Today was one of the necessary reminders!

I'm setting an entry bid for $12.20 to start, see where we go from there.

Unfortunately the wild card we can't control here are the random NRs. When they drop, stocks usually run.
Member
User avatar
Feb 17, 2017
455 posts
60 upvotes
My wanting to compensate on the losses in taking with HVT EAT and TGIF and MGW made me not sell at the high today . Ugh!
Who you know matters sometimes but what you know is invaluable
Deal Addict
User avatar
Jul 11, 2011
3350 posts
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Ontario
Leonidas wrote:
May 16th, 2018 7:47 pm
My wanting to compensate on the losses in taking with HVT EAT and TGIF and MGW made me not sell at the high today . Ugh!
Don't worry brother, APH has lots of leg left in her. I just wanted to shave a couple points off my average by selling during a hopeful cool down today.

More than likely could backfire, hold strong if you believe in your investment.

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