Investing

Marijuana Stocks

  • Last Updated:
  • Nov 20th, 2017 2:08 pm
Newbie
Jun 22, 2015
82 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
4118 posts
1017 upvotes
Winnipeg
And I bought Hmmj today..and rbc just had to sell at the highest price it went today at 11.91
Sr. Member
User avatar
Jul 11, 2011
834 posts
485 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
167 posts
27 upvotes
started long position of 39 shares @ 20.50 for WEED. first stock purchase as well
Deal Fanatic
Mar 20, 2003
9991 posts
373 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
1149 posts
182 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
682 posts
212 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
13196 posts
670 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
2150 posts
681 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
530 posts
82 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
290 posts
57 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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