Made out great this morning with a quick flip of qcc and mpx
Cannabis (Marijuana) Stocks
- Last Updated:
- Mar 27th, 2024 10:47 pm
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- SCORE+66
- jfall
- Deal Addict
- Oct 11, 2010
- 1013 posts
- 345 upvotes
- Charlottetown
- Jeenyus1
- Deal Fanatic
- Oct 9, 2008
- 5684 posts
- 2251 upvotes
- Thornhill
Sold Aphria Inc (TSE:APH) @ $19.60
- Ramblings
- Member
- Dec 22, 2008
- 370 posts
- 98 upvotes
- Toronto
- dealbreak3r
- Sr. Member
- Mar 27, 2012
- 852 posts
- 158 upvotes
- Baffin Island, NU
It looks like N and EAT are finally on consolidation mode.
I end up selling my lagging LG and decided to roll the dice on BLGV and re-enter back to GLH. I'm still holding strong on APH's core since their earning release is just a round a corner.
News of company's getting low on cannabis related stuff and unexpected high volume of sales will be out which will push the stock price. The one thing I'm pretty sure right now is that EVERY SP right now is high due to speculation & FOMO which is why I kept saying to buy half now and buy half later on once the real price target reach.
I end up selling my lagging LG and decided to roll the dice on BLGV and re-enter back to GLH. I'm still holding strong on APH's core since their earning release is just a round a corner.
I'm guessing every cannabis stock that has share of California market will be in frenzy for 3 months mainly to human reaction then fizzle out then go up again before 420 (April 20).
News of company's getting low on cannabis related stuff and unexpected high volume of sales will be out which will push the stock price. The one thing I'm pretty sure right now is that EVERY SP right now is high due to speculation & FOMO which is why I kept saying to buy half now and buy half later on once the real price target reach.
Last edited by dealbreak3r on Dec 29th, 2017 11:59 am, edited 2 times in total.
- Jeenyus1
- Deal Fanatic
- Oct 9, 2008
- 5684 posts
- 2251 upvotes
- Thornhill
I only had a 1/2 position in this one so my reason to sell might not apply to anyone with larger positions but overall I do expect a pullback. It seems to me that prior to year-end funds were padding their holdings and all rushing into this sector for 'widow dressing'. There's usually profit taking at some point but I have enough gains in this one to pull out without leaving much on the table (imho).
- hebsie
- Temp. Banned
- Jul 11, 2011
- 4978 posts
- 3330 upvotes
- Ontario
- hebsie
- Temp. Banned
- Jul 11, 2011
- 4978 posts
- 3330 upvotes
- Ontario
What just happened???? The sky is falling fast.............
- CEOofPopeyes
- Sr. Member
- Jun 2, 2017
- 787 posts
- 390 upvotes
- stefxx
- Jr. Member
- Sep 1, 2012
- 122 posts
- 33 upvotes
- Ottawa/Gatineau
My stop limits executed on WEED and APH... and everything went back up in a minute.. I dont know what happened
- MJISGOAT
- Sr. Member
- Jun 14, 2017
- 816 posts
- 799 upvotes
TD is Down. can't even check lol
- hebsie
- Temp. Banned
- Jul 11, 2011
- 4978 posts
- 3330 upvotes
- Ontario
WEED, APH, ACB, to name a few. WEED just swung from 33 to 26CEOofPopeyes wrote: ↑ Which stock you referring?
Wow, some people just got dealt their MJ initiations for lunch today!
- MarvinMartian
- Deal Addict
- Aug 28, 2012
- 1965 posts
- 1096 upvotes
- Kanata, ON
Awesome, weed stocks killing it today...
* goes out to lunch *
WTF!!!
* goes out to lunch *
WTF!!!
- MarvinMartian
- Deal Addict
- Aug 28, 2012
- 1965 posts
- 1096 upvotes
- Kanata, ON
ACB halted
- oasis100
- Penalty Box
- Mar 27, 2004
- 10493 posts
- 9009 upvotes
- Toronto
Weed market just crashed..good time to buy!
Full-time Realtor
- Noly17
- Newbie
- Nov 29, 2017
- 9 posts
Ha wow - just saw that swing, crazy day.
- MrEmoji
- Deal Fanatic
- Jun 17, 2013
- 5120 posts
- 1501 upvotes
- Montreal
- zaidyboy
- Deal Fanatic
- Jan 22, 2006
- 5342 posts
- 2809 upvotes
- Northside
Happy (not so happy) New Years. EMOTIONAL ROLLER COASTER
- rssdale
- Sr. Member
- Jan 22, 2015
- 662 posts
- 180 upvotes
Big dip going on! Meat's on the menu boys!!
- oasis100
- Penalty Box
- Mar 27, 2004
- 10493 posts
- 9009 upvotes
- Toronto
You buy when people panic.
Full-time Realtor
- hebsie
- Temp. Banned
- Jul 11, 2011
- 4978 posts
- 3330 upvotes
- Ontario
I just missed APH at 16.25
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