Investing

Marijuana Stocks

  • Last Updated:
  • Jan 23rd, 2018 6:19 pm
Jr. Member
Apr 23, 2017
153 posts
99 upvotes
Millenial1994 wrote:
Jan 12th, 2018 12:54 pm
Just bought 5100 shares of FIRE.V (Supreme Cannabis)
I like the video they posted yesterday of their current facility
https://m.facebook.com/story.php?story_ ... 6224368300

At 650M market cap the company seems undervalued compared to its peers, what do you guys think?
I like them. Their production capacity is relatively low, but they've proven that they can execute and people seem to love their product.
Newbie
User avatar
Jan 6, 2015
28 posts
10 upvotes
Québec
hebsie wrote:
Jan 9th, 2018 12:40 pm
Should've waited for the $18.00 sale that's coming in next 24hrs
F**** you got me...
Member
Sep 8, 2008
209 posts
26 upvotes
York
Been a rough day... bought some and it's still going further down.

So far, bought the following:
ACB @ 10.65
WEED @ 33.10
APH @ 18.15

Thinking of buying the following, and would appreciate any tips/advice/recos:
OGI, MJN, BLO, HVST

Also what's the story with FIRE.V?
Jr. Member
Dec 22, 2008
191 posts
27 upvotes
Toronto
Deciding whether to buy some more FIRE or MJN
Deal Addict
Mar 27, 2004
2392 posts
220 upvotes
Toronto
aphria..

# Orders Shares Bid Ask Shares # Orders
2 400 17.770 17.790 500 3
7 3500 17.750 17.790 800 3
5 800 17.740 17.800 85500 1
6 900 17.730 17.820 400 2
4 700 17.710 17.830 800 4
1% listing commission only. 50% Cash rebates!

Platinum award winner.
Newbie
Dec 22, 2015
27 posts
7 upvotes
Toronto
oasis100 wrote:
Jan 12th, 2018 1:48 pm
aphria..

# Orders Shares Bid Ask Shares # Orders
2 400 17.770 17.790 500 3
7 3500 17.750 17.790 800 3
5 800 17.740 17.800 85500 1
6 900 17.730 17.820 400 2
4 700 17.710 17.830 800 4
Noob question... whats the deal with this level 2 info? How do you obtain it, and what exactly does it tell us?
TIA Oasis
Deal Addict
Mar 27, 2004
2392 posts
220 upvotes
Toronto
market depth..
I use scotia itrade, they provide level 2 quotes.
Shows the bids and asks, shows the current gap and the size of orders on either side.

If you are a TD user, you can get it as well. Free if you do 30 + trades a quarter.

When you use TD, you see this alert message saying there may be price volatility because there is less shares available then you are asking for when you put in a market order. With level 2 quotes, you can see what is happening, and how much more you are paying to complete your purchase order.
Last edited by oasis100 on Jan 12th, 2018 1:53 pm, edited 2 times in total.
1% listing commission only. 50% Cash rebates!

Platinum award winner.
Newbie
Dec 22, 2015
27 posts
7 upvotes
Toronto
oasis100 wrote:
Jan 12th, 2018 1:53 pm
market depth..
I use scotia itrade, they provide level 2 wuotes.
Shows the bids and asks, shows the current gap and the size of orders on either side.
Interesting, thanks. I use CIBC IE, I'll have to see if they provide that information too.
Member
Jan 27, 2016
374 posts
159 upvotes
Toronto, ON
they don't/.....only for active traders or massive accounts
NorthernHarvest wrote:
Jan 12th, 2018 1:55 pm
Interesting, thanks. I use CIBC IE, I'll have to see if they provide that information too.
Jr. Member
Apr 18, 2017
139 posts
45 upvotes
I'm really considering HMMJ today but I know these are highly speculative, but anyone have any info why the drops have been bad the past two days? Do you think itll recover?
Sr. Member
May 17, 2012
957 posts
381 upvotes
grand valley
hockeyfan1990 wrote:
Jan 12th, 2018 1:56 pm
I'm really considering HMMJ today but I know these are highly speculative, but anyone have any info why the drops have been bad the past two days? Do you think itll recover?
I don't believe there was any real reason for the drops. Potentially profit taking and a case of too high too fast (pun intended). This seems to be the nature of the beast with these stocks. They sometimes go up for no reason (hype and greed) and sometimes drop for no reason (fear).
Sr. Member
Feb 27, 2015
808 posts
397 upvotes
Toronto, ON
Better to average down, or pick up a new stock?

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