Investing

Marijuana Stocks

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  • Jul 19th, 2018 11:50 pm
Deal Addict
Sep 12, 2006
1318 posts
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hebsie wrote:
Jan 12th, 2018 3:37 pm
What did you pay? I'm trying not to chase and really want in at 8.89
I like to buy in increments... made 2 equal buys - one at 9.15, second at 9.05.

A few cents won't matter down the road.
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Jul 11, 2011
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alex_d10 wrote:
Jan 12th, 2018 3:57 pm
I like to buy in increments... made 2 equal buys - one at 9.15, second at 9.05.

A few cents won't matter down the road.
I literally had, to the penny, enough cash in the acct to buy 1500 shares (which I was fixed on) at 8.895 with the 9.99 fee. It's in my TFSA and couldn't add a dollar more, didn't want to drop the quantity to an odd number (like 1495), saw 8.89 as the low of the day, so was holding my ground.

At 3:39:41 I caved, dropped the quantity to 1400 and paid 8.99

Success? Hmmm, I guess....but I really did want 1500!

The sh@tty part. The last bid in was at $8.97, so when TD re-calibrates the prices later (from the current last price of $9.02), my account is going to reflect that -.05 difference down to 8.97 and give me another red stock to look at all weekend!
Last edited by hebsie on Jan 12th, 2018 4:07 pm, edited 1 time in total.
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Aug 28, 2012
1642 posts
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Kanata, ON
Realized about $13.5K in profits selling on the dip this morning. Can't feel too bad about those gains, but I told myself never to panic sell and that's exactly what I did.

... So, to keep me dreaming over the weekend I bought 5000 THCX, 100 MRU (Metro) and 150 PJC.A (Jean Coutu) at close for a play on the Quebec market. :)
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Jul 4, 2017
389 posts
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hebsie wrote:
Jan 12th, 2018 4:07 pm
I literally had, to the penny, enough cash in the acct to buy 1500 shares (which I was fixed on) at 8.895 with the 9.99 fee. It's in my TFSA and couldn't add a dollar more, didn't want to drop the quantity to an odd number (like 1495), saw 8.89 as the low of the day, so was holding my ground.

At 3:39:41 I caved, dropped the quantity to 1400 and paid 8.99

Success? Hmmm, I guess....but I really did want 1500!

The sh@tty part. The last bid in was at $8.97, so when TD re-calibrates the prices later (from the current last price of $9.02), my account is going to reflect that -.05 difference down to 8.97 and give me another red stock to look at all weekend!
Hah, you've been making a lot of good calls lately (APH down to 18 comes to mind) so I set a limit order of 8.89 for MJN and let it sit. Missed out, but I guess I have some cash on hand if weed dips lower on Monday
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Jun 12, 2010
487 posts
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YVR
yeah.. on the contrary i made a pretty shitty call and went in on MJN at 9.57. Caught it at around 8.99 and put a limit on it at 8.98 but it kept rising so i caved stupidly.
Member
Nov 8, 2011
364 posts
91 upvotes
NEPEAN
Set my buys before open this morning and they hit pretty quick. This was my first foray into the marijuana market with equal buys of ACB, APH, and WEED.

Ended the day at +2.16% with the red coming from WEED and the green from ACB and APH. If we don't keep dumping come Monday I'll be pretty satisfied with my entry. If we do, oh well, this is a passive investment for me and I don't plan to do anything except rebalance as I make some additional deposits over the coming months.
Deal Addict
Apr 25, 2006
4313 posts
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Stop catching knives guys. This isn't done yet judging by the close. I am all cash but since I cant stomach any red.
"If you make a mistake but then change your ways, it is like never having made a mistake at all" - Confucius
Newbie
Nov 20, 2006
78 posts
38 upvotes
Toronto
didnt panic sell today
but locked in the profit on cryptocurrency
that makes me feel safer lol
Deal Addict
Feb 27, 2015
1186 posts
491 upvotes
Toronto, ON
Anyone use just questtrade?

I had a Day Limit set at 3:50pm to see if it would hit till close.

It didn't.

However, it is still sitting as accepted, and my buying power is less that amount....

It does cancel at 4pm right?
Deal Addict
Feb 27, 2015
1186 posts
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Toronto, ON
JRGUINNESS wrote:
Jan 12th, 2018 4:27 pm
Anyone use just questtrade?

I had a Day Limit set at 3:50pm to see if it would hit till close.

It didn't.

However, it is still sitting as accepted, and my buying power is less that amount....

It does cancel at 4pm right?
NvM, i went and manually cancelled it.
Banned
Nov 29, 2005
345 posts
9 upvotes
Markham
What are your thoughts on CBW and THC? Jumped on today after I sold 300 shares of WEED to preserve my capital. Now the rest of my WEED (700 shares. All profit)

Same with ACB, pure profit now. Just wondering if I made wrong decisions with putting some money on CBW and THC?

Please share your insights.

Thanks
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Jul 11, 2011
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setsunafseiei wrote:
Jan 12th, 2018 4:12 pm
Hah, you've been making a lot of good calls lately (APH down to 18 comes to mind) so I set a limit order of 8.89 for MJN and let it sit. Missed out, but I guess I have some cash on hand if weed dips lower on Monday
...and it was so close, literally pennies! It really wanted to go there but the support kept pulling it back up to $9.00
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Jul 11, 2011
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jojochiu wrote:
Jan 12th, 2018 5:01 pm
What are your thoughts on CBW and THC? Jumped on today after I sold 300 shares of WEED to preserve my capital. Now the rest of my WEED (700 shares. All profit)

Same with ACB, pure profit now. Just wondering if I made wrong decisions with putting some money on CBW and THC?

Please share your insights.

Thanks
Well if CBW tanks on Monday we can cry together. I bought in at $2.00, that was my target from earlier in the week. Would've felt better at $1.90 but you can't ever catch them all



*edit* hey, what happened at close?? CBW jumped almost .15 to over $2.00!!!!
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Jul 11, 2011
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frankc92 wrote:
Jan 12th, 2018 4:13 pm
yeah.. on the contrary i made a pretty shitty call and went in on MJN at 9.57. Caught it at around 8.99 and put a limit on it at 8.98 but it kept rising so i caved stupidly.
But if It had gone to 9.58 and then back up, then what? Pick a price and feel good about it.

Remember, no pump here, but Cronos was almost $14 two days ago. This is only January and you got to pay a December price.

Lot's of time average down if it drops, take profit if it runs to $20, who knows.
Member
Dec 22, 2008
260 posts
53 upvotes
Toronto
JRGUINNESS wrote:
Jan 12th, 2018 4:27 pm
Anyone use just questtrade?
I'm moving some $ from Tangerine and am looking for another platform aside from RBC DI -- do you like Quest?

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