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Cannabis (Marijuana) Stocks

  • Last Updated:
  • Mar 27th, 2024 10:47 pm
Deal Addict
Oct 11, 2010
1013 posts
345 upvotes
Charlottetown
Made out great this morning with a quick flip of qcc and mpx
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Oct 9, 2008
5684 posts
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Thornhill
Sold Aphria Inc (TSE:APH) @ $19.60
Member
Dec 22, 2008
370 posts
98 upvotes
Toronto
Jeenyus1 wrote: Sold Aphria Inc (TSE:APH) @ $19.60
Expecting a pullback?

What does everyone think will happen to the sector next week with the Cali legalization?
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Mar 27, 2012
852 posts
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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.
Ramblings wrote: Expecting a pullback?

What does everyone think will happen to the sector next week with the Cali legalization?
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.
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Oct 9, 2008
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Thornhill
Ramblings wrote: Expecting a pullback?

What does everyone think will happen to the sector next week with the Cali legalization?
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).
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Jul 11, 2011
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Ontario
Jeenyus1 wrote: Sold Aphria Inc (TSE:APH) @ $19.60
Better than my $16.87 on Wednesday. Good call -- I think anyways!
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Jul 11, 2011
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Ontario
What just happened???? The sky is falling fast.............
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Sep 1, 2012
122 posts
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Ottawa/Gatineau
My stop limits executed on WEED and APH... and everything went back up in a minute.. I dont know what happened
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Jul 11, 2011
4978 posts
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Ontario
CEOofPopeyes wrote: Which stock you referring?
WEED, APH, ACB, to name a few. WEED just swung from 33 to 26

Wow, some people just got dealt their MJ initiations for lunch today!
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Aug 28, 2012
1965 posts
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Kanata, ON
Awesome, weed stocks killing it today...

* goes out to lunch *

WTF!!!
Penalty Box
Mar 27, 2004
10493 posts
9009 upvotes
Toronto
Weed market just crashed..good time to buy!
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Jun 17, 2013
5120 posts
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Montreal
Jeenyus1 wrote: Sold Aphria Inc (TSE:APH) @ $19.60
Now you can tell everyone "see, told ya so!" I was just about to sell half my position lol. too late now
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Jan 22, 2006
5342 posts
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Northside
Happy (not so happy) New Years. EMOTIONAL ROLLER COASTER
Sr. Member
Jan 22, 2015
662 posts
180 upvotes
Big dip going on! Meat's on the menu boys!!
Penalty Box
Mar 27, 2004
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Toronto
You buy when people panic.
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Jul 11, 2011
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Ontario
I just missed APH at 16.25

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