Investing

Marijuana Stocks

  • Last Updated:
  • Jan 21st, 2019 5:16 pm
Deal Fanatic
Aug 14, 2007
9286 posts
985 upvotes
Toronto
geokilla wrote:
Jan 11th, 2019 12:03 pm
I started with $2,525. Went to a high of $3,500 and I'm currently sitting at $1,465 all cash. You can probably understand why I'm unhappy lol.
What did you buy and when?

I started in about the middle of last week with my own investing account and I'm buying/selling daily pretty much

Started with $5000 now I'm at about $7200 roughly.
Deal Addict
Feb 27, 2015
2307 posts
783 upvotes
Toronto, ON
dsichewski11 wrote:
Jan 11th, 2019 2:18 pm
500%Face With Stuck-out Tongue And Winking Eye

Seems like a huge risk no?
HUGE RISK.

why I didn't play it.

Would have been nice to throw a g at it tho.

Haha would have to get out before the dump tho.
Deal Addict
May 17, 2012
1962 posts
806 upvotes
ontario
things are getting real tight for the big 3. which way?
Deal Addict
Feb 27, 2015
2307 posts
783 upvotes
Toronto, ON
JRGUINNESS wrote:
Jan 11th, 2019 2:27 pm
HUGE RISK.

why I didn't play it.

Would have been nice to throw a g at it tho.

Haha would have to get out before the dump tho.
And DUMP
Member
Jan 22, 2018
340 posts
46 upvotes
JRGUINNESS wrote:
Jan 11th, 2019 2:27 pm
HUGE RISK.

why I didn't play it.

Would have been nice to throw a g at it tho.

Haha would have to get out before the dump tho.
Looks like it dumped lol

Yeah even 2 g’s on it now gives 400 for every half cent...
Sr. Member
Aug 15, 2003
661 posts
352 upvotes
Hope people are taking some off the table or at least not adding today. I'm all cash in the trading bucket - leaning short next week.

Todd makes a great technical point here:
Deal Addict
Feb 27, 2015
2307 posts
783 upvotes
Toronto, ON
Honestly, I have no idea for the reason and volume beside maybe getting into pot, but if you didn't get it at .01 I wouldn't touch it now.

Look at sugarbud. That doubled then shot right back down.
Sr. Member
Apr 23, 2014
940 posts
158 upvotes
Niagara Falls, ON
JRGUINNESS wrote:
Jan 11th, 2019 1:56 pm
Anyonea thoughts on PURE?
looks like they are ready for business with an online site accepting new patients for pre-reg. I believe they have had final inspectiions and are just waiting for the sales license. I have 5K @.21
Deal Addict
Feb 27, 2015
2307 posts
783 upvotes
Toronto, ON
Penrose wrote:
Jan 11th, 2019 3:18 pm
looks like they are ready for business with an online site accepting new patients for pre-reg. I believe they have had final inspectiions and are just waiting for the sales license. I have 5K @.21
Thought they were extraction company... Like labs.

Can you give anymore details? Size of grow and operations?
Sr. Member
Apr 23, 2014
940 posts
158 upvotes
Niagara Falls, ON
JRGUINNESS wrote:
Jan 11th, 2019 3:29 pm
Thought they were extraction company... Like labs.

Can you give anymore details? Size of grow and operations?
i gather they are focussed on medical products and dried bud and will sell this online. they are located in toronto AFAIK, so if they have a retail outlet it will definitely have a ready market. I don't know much more than that. it looks like CLY is picking up steam again.
Deal Addict
May 17, 2012
1962 posts
806 upvotes
ontario
esoxhntr wrote:
Jan 11th, 2019 3:55 pm
big bids on APHA @ 9.16
ya someone is accumulating @ that amount. as soon as the bids get filled more come up
Deal Expert
May 30, 2005
41023 posts
2274 upvotes
Richmond Hill
esoxhntr wrote:
Jan 11th, 2019 2:28 pm
things are getting real tight for the big 3. which way?
We're due for consolidation, especially after today. I thought there was a decent chance it would have came today but it did not. The way things are going, Monday might be the day.

On certain names like WEED, there's been 3-gap up opens, so we may get a dump on Monday.
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Newbie
Oct 19, 2013
59 posts
40 upvotes
Wow, the market must really hate Vic Neufeld. APHA releases subpar earnings and reveals that full production capacity in Canada will be delayed by up to 6 months, yet the stock rises...the only logical reason is the CEO departure.

Contrast this to previous quarters when the company would consistently release solid financials that had no effect on the share price.

Hopefully they can find a capable and much more charismatic/media-friendly CEO who can repair the company's image.

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