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re: Let’s talk weed stocks in this thread

Posted on 4/2/19 at 10:11 am to
Posted by High C
viewing the fall....
Member since Nov 2012
53842 posts
Posted on 4/2/19 at 10:11 am to
Posted by quail man
New York, NY
Member since May 2010
40926 posts
Posted on 4/2/19 at 10:26 am to
Let’s get up to 3.5 cents
Posted by TigrrrDad
Member since Oct 2016
7122 posts
Posted on 4/2/19 at 10:28 am to
No brakes on this train.
Posted by BitBuster
Lafayette
Member since Dec 2017
1440 posts
Posted on 4/2/19 at 10:29 am to
I'm convinced most of the trading during a normal day is done by an algorithm attached to an account with like 10k to spend
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7373 posts
Posted on 4/2/19 at 3:10 pm to
quote:


Lvvv just announced that GHC entered into agreements with 2 state wide distributors

We riding!!!!
Posted by High C
viewing the fall....
Member since Nov 2012
53842 posts
Posted on 4/2/19 at 5:19 pm to
Didn’t get much movement on that news. Maybe it hasn’t traveled yet.
Posted by BitBuster
Lafayette
Member since Dec 2017
1440 posts
Posted on 4/2/19 at 7:14 pm to
Not much movement but volume has been good.

More volume means that the guy that walks down the share price 1000 shares at a time will have a tougher time.
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7373 posts
Posted on 4/2/19 at 8:44 pm to
quote:

Didn’t get much movement on that news. Maybe it hasn’t traveled yet.


So....We not ridin’?
Posted by NPComb
Member since Jan 2019
27381 posts
Posted on 4/2/19 at 9:50 pm to
ETFMG ETF'r here. I bought at IPO and it's gone up and down and is level. I wish it would pick up steam but I'll hold it for another 5 years and dump it if it doesn't start producing. I think most are betting on legalization.
Posted by Pendulum
Member since Jan 2009
7050 posts
Posted on 4/3/19 at 9:03 am to
Ogrmf at 7.45, this stock has been a cannabis allstar ytd

I'd say OGRMF and CWBHF are the allstars of 2019 thus far. Followed closely in the second tier by ACB and CRON
at least out of the 25 or so I watch-list.
This post was edited on 4/3/19 at 9:15 am
Posted by High C
viewing the fall....
Member since Nov 2012
53842 posts
Posted on 4/3/19 at 10:54 am to
EMHTF has been pretty good. Up ~40% in the 1Q. I bought at $2.15 and sold at $3.34.
Posted by Pendulum
Member since Jan 2009
7050 posts
Posted on 4/3/19 at 11:15 am to
hmm yea, I dont have that one on my watchlist, going to add it.

ETA: NXTTF almost under .50; what a land mine. I'd be like 5k in red if I had held. Took my bath when it got to 3k in losses.
This post was edited on 4/4/19 at 9:12 am
Posted by Statestreet
Gueydan
Member since Sep 2008
12952 posts
Posted on 4/8/19 at 9:52 am to
Keep an eye on Slang Worldwide SLGWF


Midas Letter on Slang
This post was edited on 4/8/19 at 11:55 am
Posted by Odinson
Asgard
Member since Apr 2014
2755 posts
Posted on 4/8/19 at 6:33 pm to
ELLXF here. Just sold today over 300% up the past few months.

TD could have came and beat his chest, throw a dart at tons of these weed companies and look like a superstar. Instead LVVV still treading water. I’m still holding some so hopefully it’s a late bloomer and takes off soon like many others.

Most of my weed profit gets rolled over to CWBHF for a longer term hold.


- Still in EDXC since January. I’m feeling like a hog on this one and may take some profits soon but it’s not done climbing.
This post was edited on 4/8/19 at 9:52 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
38829 posts
Posted on 4/9/19 at 2:11 pm to
quote:


Most of my weed profit

"weed profit" means something dramatically different today than it did the last time i was involved in that marketplace
Posted by eng08
Member since Jan 2013
5997 posts
Posted on 4/9/19 at 8:54 pm to
I had an interesting conversation with a friend who helps run a grow op out of CO and brought up this stock. He said cloning is actually quite difficult and it’s hard to be very good at cloning. It’s also very labor intensive and one person can only do so many a day.

Tgrrrdad - next time you converse with the lvvv guys, please ask them what their cloning process is and how many staff they intend to employ to operate the pods?
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 4/10/19 at 10:13 am to
Interesting

I just wish GBLX would stop plummeting this week
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 4/11/19 at 10:08 am to
quote:

I had an interesting conversation with a friend who helps run a grow op out of CO and brought up this stock. He said cloning is actually quite difficult and it’s hard to be very good at cloning. It’s also very labor intensive and one person can only do so many a day.


Well..... sure got quiet after this post.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36763 posts
Posted on 4/11/19 at 10:18 am to
there is a reason people are buying clones and not seeds for their grow ops. They're taking the hard non-productive work and outsourcing it.

we're headed for an oversupply on the global market by end of year.

state markets tend to last a year or two before experiencing the same. Basically once they work out how to get weed to customers it's a flooded market.

I think we're in for a little buckling as states who were moving through legislature are now stumbling along due to complications in regulation. NY and NJ pushed out their legalization movements and there is actual pushback.
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15167 posts
Posted on 4/12/19 at 4:41 pm to
I may be having too much faith in some of these stocks. I keep doubling down on NXTTF and LVVV to continue to lower my per share avg
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