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Cannabis (Marijuana) Stocks

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  • Apr 24th, 2019 8:37 pm
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Feb 27, 2015
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Toronto, ON
hebsie wrote:
Jun 15th, 2018 12:49 pm
Anyone in EMH, there's not a lot of support in the $3 range, so holding $4 is going to be critical here

Personally, I'm expecting more drops before the dust settles. Trade smart!
Haha, that would be me. Got a partial fill last night right before closing at 4.

Then this morning... 3.85 FML

Back to 4 now so might jump out and reevaluate.
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Jul 11, 2011
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JRGUINNESS wrote:
Jun 15th, 2018 12:53 pm
Haha, that would be me. Got a partial fill last night right before closing at 4.

Then this morning... 3.85 FML

Back to 4 now so might jump out and reevaluate.
If nothing else, I'd maybe put a stop-loss on it. The top-side for EMH is still the $4.20 bought-deal for now.

The downside?? Not a lot of anything under $4. Best support would be $3.75, I'd stop just below that if it were me.

If it loses 3.70, it could easily free-fall to $3 fast
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hebsie wrote:
Jun 15th, 2018 1:00 pm
If nothing else, I'd maybe put a stop-loss on it. The top-side for EMH is still the $4.20 bought-deal for now.

The downside?? Not a lot of anything under $4. Best support would be $3.75, I'd stop just below that if it were me.

If it loses 3.70, it could easily free-fall to $3 fast
Thanks Bro!

Aren't there any good plays right now?

Everything looks to be in no mans land to me.
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JRGUINNESS wrote:
Jun 15th, 2018 1:04 pm
Thanks Bro!

Aren't there any good plays right now?

Everything looks to be in no mans land to me.
Honestly, nothing is grabbing me. WEED breaking 39.44 might be the only excitement (to watch) today

XLY started out the day with the most potential for a swing but I'm not feeling it anymore
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Feb 27, 2013
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Calgary
JRGUINNESS wrote:
Jun 15th, 2018 1:04 pm
Thanks Bro!

Aren't there any good plays right now?

Everything looks to be in no mans land to me.
Nothing I LOVE right now, but some that I like at current prices:

For LPs I think HIP still has a lot of upside, EMC also trading at a discount IMO.

For pre-license: VGW and EASY.

For ancillary KSHB (can't trade in a registered), GROW (penny stock with good upside).

For US I like LHS. Also on the US side POTN and CVSI for Hemp and R&D.
~Let your actions reflect your desires
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DDHLeigh wrote:
Jun 14th, 2018 11:09 pm
If you guys had to choose between ACB and TRST which one would you select?
Tough... I like both, I think TRST may have more upside in the short-term whereas ACB is a longer-term play with a lot of upside after the dilution dust settles. Why not split between both?
~Let your actions reflect your desires
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Sep 12, 2006
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hebsie wrote:
Jun 15th, 2018 1:07 pm
Honestly, nothing is grabbing me. WEED breaking 39.44 might be the only excitement (to watch) today
+1. Not a day to make moves... Still looking for entry into Trst, but nothing else.

I've noted that OGI warrants are at a $0.70 premium to the shares right now ($4 strike + $2 warrant), while Thcx warrants are at a $2.10 premium ($5.60 strike + 1.44 warrant).

Decent deal if you believe in OGI...
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BUDD, .18 to .255

Yeah, expect a news release after 4PM!
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Apr 25, 2006
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hebsie wrote:
Jun 15th, 2018 2:24 pm
Good read for a slow afternoon

How a handful of hedge funds cornered cannabis financing — and made a killing in the process
http://business.financialpost.com/canna ... he-process
Article explained why retail investors (us), are going to lose our shirts, historically, time and time again!
"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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alex_d10 wrote:
Jun 15th, 2018 2:00 pm
+1. Not a day to make moves... Still looking for entry into Trst, but nothing else.

I've noted that OGI warrants are at a $0.70 premium to the shares right now ($4 strike + $2 warrant), while Thcx warrants are at a $2.10 premium ($5.60 strike + 1.44 warrant).

Decent deal if you believe in OGI...
I like to use 60% annualized volatility on the warrants. My fair value estimates are:

OGI --- $1.97

THCX --- $1.36

Both are trading close to value, just depends whether you like chocolate or vanilla -- OGI or THCX !!
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Jun 19, 2009
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Perhaps I'll buy APH so it goes down lol
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Before anyone asks, that 85k share dump on APH was from options expiring -- Quadruple Witching day today
Last edited by hebsie on Jun 15th, 2018 4:07 pm, edited 1 time in total.
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Nov 15, 2006
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Always enjoyed the last 20-30 seconds action on quadruple witching
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all4one4u wrote:
Jun 15th, 2018 4:07 pm
Always enjoyed the last 20-30 seconds action on quadruple witching
I love the panic that always ensues on Reddit. Last time we spiked up, this time we dropped down (on APH). I think ACB went up

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