|
|
Post by AggieGroove on Oct 22, 2018 11:26:14 GMT -5
|
|
|
|
Post by neighborhoodsuperstar on Oct 22, 2018 11:42:55 GMT -5
I'm out the game..... most/all weed stocks are blowing up in smoke.....
|
|
|
|
Post by AggieGroove on Oct 22, 2018 12:13:20 GMT -5
I'm out the game..... most/all weed stocks are blowing up in smoke..... Not me, only change I'm making is not taking any more positions, until it stabilizes! |
|
|
|
Post by neighborhoodsuperstar on Oct 22, 2018 12:54:45 GMT -5
.....if it stabilizes. You’re better than me. I may get back in later, but the whole sector has dropped precipitously since Canadian approval went down last week. Today is an absolute bloodbath😖😖
|
|
|
|
Post by AggieGroove on Oct 22, 2018 13:37:06 GMT -5
.....if it stabilizes. You’re better than me. I may get back in later, but the whole sector has dropped precipitously since Canadian approval went down last week. Today is an absolute bloodbath😖😖 Got it but I'm working from a very positive cash position with Tilray, when I 1st bought it so I weathered the ups and downs of Tilray from $99 to $300pps, all within a week. I'm read the Trump adminstration is contemplating a major announcement after the mid terms and if the Dems regain control, then MJ legislative will advance quickly through Congress... Imagine #45 wooing pot heads to vote Rep....  |
|
|
|
Post by DOOMS on Oct 22, 2018 13:53:21 GMT -5
Dang. Now's the time to buy.
|
|
|
|
Post by AggieGroove on Oct 30, 2018 14:17:24 GMT -5
Dang. Now's the time to buy. It is quickly approaching the buy again for these stocks..... The general market is grossly down and so are these stocks......but these MJ stocks have true grit as they haven't fallen as much as I expected from them... Keeping a watchful on these additional tariffs #45 is talking about imposing on China.... Either the markets are heading up or down but my gut says too much headwinds with tariffs and rate hikes, so I think we are heading downward over the next 3-6 months.... I'm preparing for the market to dip to 19K on the Dow.....reminds me of 2006/2007 and that was a great opportunity to buy! |
|
|
|
Post by neighborhoodsuperstar on Oct 30, 2018 22:02:20 GMT -5
That would be a 25% shaving off of its current levels (24.8K now).
You really anticipate it will drop that much in the next 3-6 months?
|
|
|
|
Post by AggieGroove on Oct 31, 2018 6:54:40 GMT -5
NSS
I do believe that we have a recession coming in 2019, fully realize within the next 3-6 months.
Corporate earnings are good bolstered by the tax cuts but housing is beginning to slow down, consumer debt is rising again and inflation is just around the corner....hence the reason the fed is raising rates so often.
I hope I’m wrong but I’m preparing for a 20% dip in the Dow...lining up my funds to buy additional stocks.
As I have always shared, all my thoughts are speculative and if not I would be the winner of the mega millions last week...😎
|
|
|
|
Post by AggieGroove on Nov 5, 2018 15:28:21 GMT -5
For those who are buying this week, look at Canopy Growth (CGC)....this is a good price!
|
|
|
|
Post by neighborhoodsuperstar on Nov 5, 2018 16:10:02 GMT -5
....all weed stocks are gradually rising again. I got out, but after they dropped super low, I got back in. I'm gonna sit back, be quiet and see what happens over time.
|
|
|
|
Post by AggieGroove on Nov 7, 2018 10:13:43 GMT -5
Michigan legalized recreational use last night but Noth Dakota did not.....brings the total to 10 states for recreation.
Utah and one other state legalized for mediacal use.....making most of the US legal for medical use.
News from the mid terms concerning MJ includes the house under Dems control moving to pass legislation about the financial measures for banks and MJ....making it easier to bank and giving banks the ability to invest in MJ businesses....a major hurdle. These pending bills have been introduced before the mid terms and now expect to proceed quickly thru both chambers.
MJ stocks are up early this morning.....I'm still trading around my long position on Tilray and Canopy Growth...
|
|
|
|
Post by DOOMS on Nov 7, 2018 10:53:58 GMT -5
I'll be blunt, I'm keeping mine in the bowl for now.
|
|
|
|
Post by AggieGroove on Nov 7, 2018 11:18:45 GMT -5
I'll be blunt, I'm keeping mine in the bowl for now. Over the last 2 months, I have tried just about every reputable Blunt (stock) out there and some of these don't give you a good high so the experimentation continues.....  |
|
|
|
Post by AggieGroove on Nov 7, 2018 14:10:14 GMT -5
2pm check .......TILRAY is soaring again today.....up $20+
|
|
