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re: Let’s talk weed stocks in this thread

Posted on 1/7/19 at 8:20 am to
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15182 posts
Posted on 1/7/19 at 8:20 am to
quote:

I think that's the right way to do it rowbear, sell partial on the way up, then buy back in on the dips. There will always be people cashing out on the way up. It makes sense, you buy at .02, if it's a .06 you've tripled your money. You'd be stupid not to sell at least some of it. Everyone will be thinking this way.

Personally, I don't think it'll ever see the teens again. I think that was a one time deal due to the end of year Canadian tax sell off. We may see mid to lower 2's this week, maybe again in March, but after that we *should* see a slow and steady increase.

Walletinvestor.com projects LVVV being at 1.87 by the end of the year before settling back down to .76 in 5 years. If either of those came true, I'd be a very happy person.


Yea, I've said I am done purchasing for a while now (while I have an order in at 0.025 ) and each time it dips I'm tell myself I may as well buy another 10-25k shares purely to flip while the rest of the shares are the long play. I have another 50k shares I'm willing to part with if it hits $1. If somehow this gets to $10, my retirement nest egg is complete in my early 30s.
Posted by jimjackandjose
Member since Jun 2011
6498 posts
Posted on 1/7/19 at 8:58 am to
I dont see it getting to 10 without becoming a major player nationally for weed sales. Basically a household known brand.
If that 1.87 happens, we should all be ecstatic
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