Investing

Marijuana Stocks

  • Last Updated:
  • Oct 15th, 2018 11:12 pm
Member
Feb 5, 2007
390 posts
87 upvotes
Mississauga
Sigh I knew I shoulda put my money into Shopify instead of weed. Now Shopify sells weed and theyre the bigger winners
Deal Addict
User avatar
Jul 11, 2011
2897 posts
1383 upvotes
Ontario
Hmmmm, now it's homework time tonight. Need to plan tomorrow's stink bids in preparation for the big red tide that's rolling in.

OGI at $3.33 is one for sure, but I wonder if getting TRST at $7.50 is asking too much?? That license news might keep them in the green for now.
Deal Addict
User avatar
Jul 11, 2011
2897 posts
1383 upvotes
Ontario
hebsie wrote:
Feb 12th, 2018 9:47 am
Evolve Marijuana ETF --> TSX : SEED

Started trading today. Opened at $20.48, should be around $18.50 by Wednesday
Closed at $19.95, already under twenty on it's first day. Remember that when you're looking at buying HMJR on Thursday.

Ten days is a good window to wait before considering the purchase of these IPOs. Give them a chance to find their legs. FOMO is strong but patience is key.
Newbie
Mar 25, 2016
78 posts
23 upvotes
jerryhung wrote:
Feb 12th, 2018 3:50 pm
why is WEED down bigly -5% vs. others flat?
Earnings Wednesday. I was expecting a bit of a climb today...with a drop tomorrow as per usual. WRONG.
Deal Addict
Nov 17, 2007
1739 posts
197 upvotes
Kitchener
hebsie wrote:
Feb 12th, 2018 3:48 pm
Haha, best post of the day! :)

Seriously though, the dog is getting very nervous, just doesn't like how this week is going to play out. Doesn't even want to go outside right now, keeps mumbling some nonsense about "the sky is falling, the sky is falling...."
Are you sure it's a dog and not a hen as in "Chicken Little"?
In case you've forgotten.

http://www.worldstory.net/en/stories/ch ... ittle.html

Just to be honest, I sold out of GLH for a 2% profit, MYN for 312 %, bought in at .66 and MJN 179% bought in at 3.33. I've been holding these guys for many months and decided those amounts were good enough after the last two weeks. My buddy has been harping at me since January to take a profit and sit on it. Today I took his advice on some. Still holding some MJ stocks. A bird in the hand ........
GL everyone.
Deal Addict
User avatar
Jul 11, 2011
2897 posts
1383 upvotes
Ontario
rfoubert wrote:
Feb 12th, 2018 5:13 pm
Earnings Wednesday. I was expecting a bit of a climb today...with a drop tomorrow as per usual. WRONG.
Most MJ stocks respond negative to reported earnings. Perhaps it's that dose of reality, real acknowledgement that they're not really making any money.

Earnings reporting to me means Canopy is going on sale!
Member
Jul 14, 2013
436 posts
46 upvotes
hebsie wrote:
Feb 12th, 2018 4:21 pm
Closed at $19.95, already under twenty on it's first day. Remember that when you're looking at buying HMJR on Thursday.

Ten days is a good window to wait before considering the purchase of these IPOs. Give them a chance to find their legs. FOMO is strong but patience is key.
I'm quite interested in getting HMMJ & HMJR.
Deal Addict
User avatar
Jul 11, 2011
2897 posts
1383 upvotes
Ontario
n0thing wrote:
Feb 12th, 2018 6:05 pm
I'm quite interested in getting HMMJ & HMJR.
I would buy HMMJ around $14-15 if I wanted more hands off trading, tad less volatility.

I wouldn't touch HMJR with a ten foot pole. It's an extremely high-risk play, and IMO, most will get left holding the bag on it.
Deal Addict
Mar 22, 2012
1897 posts
288 upvotes
Toronto
Haven't been around in a bit. Not much going on and I've been busy with work. Guess we are settling in to these prices for a while? Sucks because I'm down about 30% lol.
Member
User avatar
Feb 17, 2017
445 posts
59 upvotes
hebsie wrote:
Feb 12th, 2018 6:09 pm
I would buy HMMJ around $14-15 if I wanted more hands off trading, tad less volatility.

I wouldn't touch HMJR with a ten foot pole. It's an extremely high-risk play, and IMO, most will get left holding the bag on it.
Once hmmj hits 22$ I'm selling my measly shares
And I'm hoping hmjr brings up the small stocks so I can cash out and be done with this roller coaster
Who you know matters sometimes but what you know is invaluable
Deal Addict
May 5, 2008
4395 posts
1114 upvotes
Winnipeg
Anyone know much about fv pharma?
Newbie
Feb 12, 2018
4 posts
1 upvote
be done with it?? lol it hasn't even really started yet... legalization day... SHORTAGE day... that's the one i'm waiting for. hehehehe
Deal Addict
User avatar
Jul 11, 2011
2897 posts
1383 upvotes
Ontario
User702218 wrote:
Feb 13th, 2018 2:37 am
be done with it?? lol it hasn't even really started yet... legalization day... SHORTAGE day... that's the one i'm waiting for. hehehehe
It would be a very short-sighted approach to think that this market has no where to go but up.

Top

Thread Information

There are currently 4 users viewing this thread. (1 member and 3 guests)

Angel Girl