Investing

Marijuana Stocks

  • Last Updated:
  • Feb 25th, 2018 12:25 pm
Newbie
Jun 22, 2015
84 posts
19 upvotes
Calgary, AB
alex_d10 wrote:
Nov 7th, 2017 7:03 pm
Dumped all my shares today at a profit. Will not be buying back in barring a massive dive (always possible).
Same boat. I had HMMJ and sold it today when it went up another 5%. Been holding it since July.
Deal Addict
May 5, 2008
4213 posts
1042 upvotes
Winnipeg
And I bought Hmmj today..and rbc just had to sell at the highest price it went today at 11.91
Deal Addict
User avatar
Jul 11, 2011
1559 posts
736 upvotes
Ontario
Walking the dog this AM I found a bag with a large glass bong and about a 1/4oz of MJ

Do you think that's a sign? Time to go all in here??? :)
Jr. Member
Sep 6, 2009
180 posts
29 upvotes
started long position of 39 shares @ 20.50 for WEED. first stock purchase as well
Deal Guru
Mar 20, 2003
10027 posts
389 upvotes
Moncton, NB
This can't last... it's like last November, stuff rose to new highs on no news then settled after losing ~40% of their value or whatever.
KitKat item collector- always looking for swag or branded items.
Deal Addict
Sep 12, 2006
1249 posts
233 upvotes
I don't know how I feel about HMMJ... I'd just buy the top 3-4 companies individually and save the management fee. If I were buying at this time at all...which I'm not.
Sr. Member
Apr 24, 2014
810 posts
266 upvotes
ppl2pass wrote:
Nov 8th, 2017 10:43 am
started long position of 39 shares @ 20.50 for WEED. first stock purchase as well
Why not wait until after ER?
Member
User avatar
Jul 11, 2015
209 posts
97 upvotes
Victoria, BC
hebsie wrote:
Nov 8th, 2017 10:20 am
Walking the dog this AM I found a bag with a large glass bong and about a 1/4oz of MJ

Do you think that's a sign? Time to go all in here??? :)
lol that's a sign alright! maybe u should smoke it all 'infinite jest style" to figure out how u feel about it :P
You're the average of the five people, you most associate with.
Deal Guru
Dec 31, 2005
13279 posts
706 upvotes
hybrid09 wrote:
Nov 8th, 2017 12:01 pm
Why not wait until after ER?
If it is really 39 shares, up or down a few dollars is irrelevant in the long run.

As for the Earnings: this is still a developmental play...earnings are unlikely to move this stock down unless it was showing a major risk in working capital etc..Now, if they exceed market expectation, then you could see a silly reaction.
Deal Addict
Feb 7, 2006
2244 posts
724 upvotes
hebsie wrote:
Nov 8th, 2017 10:20 am
Walking the dog this AM I found a bag with a large glass bong and about a 1/4oz of MJ

Do you think that's a sign? Time to go all in here??? :)
Saw this post this morning and figured it was time to bail. Tidy profit now back to reality and my depressing cdn oil stocks....Disappointed But Relieved Face.
Last edited by MMMM on Nov 8th, 2017 2:22 pm, edited 1 time in total.
Sr. Member
User avatar
Jan 16, 2011
606 posts
118 upvotes
Out There!!!!
Feneant wrote:
Nov 8th, 2017 11:41 am
This can't last... it's like last November, stuff rose to new highs on no news then settled after losing ~40% of their value or whatever.
Lots of news lately!
This https://www.thestar.com/news/queenspark ... shops.html
This http://www.newswire.ca/news-releases/ca ... 03603.html
This one is huge, brings legitimacy to the sector. http://business.financialpost.com/commo ... h-for-245m
and this today http://www.newswire.ca/news-releases/ca ... 95953.html
It appears to me that things are really beginning to gear up. I'm thinking this sector is going to continue it's climb over the winter. Most likely not as swiftly, but steadily.
Member
Oct 29, 2014
312 posts
60 upvotes
905
If its his first stock and it drops 30+% for what ever reason then he/she sells..

The FOMO is real.

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