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re: Let’s talk weed stocks in this thread
Posted on 2/13/19 at 1:39 pm to igoringa
Posted on 2/13/19 at 1:39 pm to igoringa
I’ve said many times before that you have to sort through 50 posts there to find one good one, but there has been a lot of good due dilligence done on that board. Guys have researched all of the licensing stuff, had contacts in the permit offices, etc. Lots of sunshine pumpers and bashers alike, but there are 2 or 3 guys there that have posted solid information.
0
Posted on 2/13/19 at 1:49 pm to BitBuster
quote:
Sorry Tigrrdad, I just dont think lvvv is on the radar for most weedstock investors
I’d agree with you if they hadn’t already been there before. Like I said, last March-May saw days with tens of millions of shares traded. That wasn’t from a just a handful of guys on ihub. I think when people jumped onbaord then, when they were getting the Coachella permit, ordering the pods, etc., people thought that meant they’d be up and running in a month or two. They didn’t realize it would take all the way until Dec. 31 to get the state license for Coachella. When things didn’t happen quickly enough, people bailed. But I believe they will return when serious revenue is being produced.
The run in October up into the 6s (when we got the distribution license) only had around 1/10th of the March-May volume, so it wasn’t sustained. Every penny stock that has hit wasn’t on everyone’s radar until it was. The advantage we have is that investors have been here before, but are waiting until something real happens (i.e., revenue).We’re past the days of being driven by hype.
Of course, every person should evaluate by their own reasoning and bail if they don’t believe it will happen. I just don’t believe we’ll be trading in the .02s when we’re eventually showing millions in revenue/month. And I see that happening once Coachella and Paso Robles (or Riverside) are both up and running.
quote:
I'm still bagholding
I don’t know what your avg. is or when you got in, but I’ve been buying from around July through December, and I’ve had opportunities to cash out at 50% gains in October when my avg. was still in the 4s, and several times at 25% gains when my avg. was at .03. My goal for my entire portfolio is 5-6%, so I wouldn’t call that bagholding.
This post was edited on 2/13/19 at 1:56 pm
Posted on 2/13/19 at 2:51 pm to TigrrrDad
So Coachella hitting in about 2 months should be a nice boost then now that permitting is taken care of
Posted on 2/13/19 at 4:00 pm to Brettesaurus Rex
Yes, they’ve been growing in that nursery since the start of the year, so whenever the first quarter financial reports get released they should be showing some revenue. I think if the uplisting happens, they’ll probably release some news about revenue before then.
Posted on 2/14/19 at 12:13 pm to TigrrrDad
I haven't look at the actual transactions today but seems to be almost no movement with LVVV today. Seemingly the last few weeks there has been a large open followed by a slow decline until a daily loss. Today has been pretty stagnant.
Posted on 2/14/19 at 12:56 pm to rowbear1922
May buy more today since it’s down
Posted on 2/14/19 at 1:18 pm to rowbear1922
Just jinxed it, down over 13%. Biggest swing I've seen in awhile
Posted on 2/14/19 at 1:28 pm to Brettesaurus Rex
yea when I looked later on and saw it was down to near 0.02 my first thought was, “Damn, I shouldn’t have said anything.”
Posted on 2/14/19 at 2:42 pm to Brettesaurus Rex
I said this before but with the volume of LVVV one guy reading this thread could be stealing all your money.
Posted on 2/14/19 at 2:56 pm to Pendulum
That's why I put some spare change and that's about it until further notice
This post was edited on 2/14/19 at 2:57 pm
Posted on 2/14/19 at 5:08 pm to Pendulum
I should buy it up to mess with y’all
Posted on 2/14/19 at 5:35 pm to el Gaucho
Wait a couple of weeks and you can buy the whole company. Hahah
Posted on 2/15/19 at 8:00 am to el Gaucho
So how is everyone doing in this thread? Y’all still fricking around with those penny stocks or have y’all realized the main stream Canadian market still holds a ton of potential?
Posted on 2/15/19 at 8:17 am to 13SaintTiger
not sure about anyone else, but i'm doing just fine with mine
Posted on 2/15/19 at 8:32 am to 13SaintTiger
Long and strong on LVVV with my eye on the summer.
Depends on what you’re chasing - 25% gains or 1,000% gains.
quote:
the main stream Canadian market still holds a ton of potential
Depends on what you’re chasing - 25% gains or 1,000% gains.
This post was edited on 2/15/19 at 8:34 am
Posted on 2/15/19 at 9:31 am to TigrrrDad
quote:
Depends on what you’re chasing - 25% gains or 1,000% gains.
Sounds like you’re an idiot. I feel bad for all the schmucks who are taking your advice
Posted on 2/15/19 at 9:47 am to 13SaintTiger
quote:
So how is everyone doing in this thread? Y’all still fricking around with those penny stocks or have y’all realized the main stream Canadian market still holds a ton of potential?
Wasn't aware it was impossible to be in both. Thanks for your concern
Posted on 2/15/19 at 9:51 am to 13SaintTiger
quote:
Sounds like you’re an idiot. I feel bad for all the schmucks who are taking your advice
That’s funny, considering my teenage kid has already had over 1,000% gains on his 250,000 shares.
Posted on 2/15/19 at 9:58 am to TigrrrDad
quote:
That’s funny, considering my teenage kid has already had over 1,000% gains on his 250,000 shares.
1000% gains on his 250,000 shares of LVVV as stated on the first page, where you also stated it’s a long term hold for you guys?
Posted on 2/15/19 at 11:24 am to 13SaintTiger
...and?
Was 1,000% then worth less than 1,000%?
Was 1,000% then worth less than 1,000%?
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