re: Let’s talk weed stocks in this thread

Please let this be our jackpot - YouTube

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In order to fully utilize this exquisite property, the Company will also establish a cannabis-based health and wellness retreat and provide educational and recreational experiences for shareholders

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Is this the party TigerDad speaks of?
Please let it be.

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educational and recreational experiences for shareholders

Is this the party TigerDad speaks of?
Please let it be.

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not unless they change their licensing I believe they're only licensed for medical

I'm never doing a penny stock again after LVVV.

It's so obvious it's being manipulated.

9:40AM: 1,053 shares bought for 0.0190 or $20.01
2:45PM: 1,000 shares bought for 0.0196 or $19.60
3:10PM: 100 (ONE frickING HUNDRED) bought for 0.0194 or $1.94
3:45PM: 1,076 shares bought for 0.0186 or $20.01

All day there were $6,483.44 worth of shares traded.

I got out and am very happy.

Not sure of marijuana is going to have the sales levels its expecting.

Row, there is just no volume. You have to be a legit company to get on these MJ ETFs that create consistent daily volume. Each one of those ETFs have a guy like igoringa on staff telling them to stay TF away from LVVV.

That $1.95 trade? That's the vending machine at the Paso Grow op. It accepts LVVV stock since that's all they are getting paid. Someone just bought some pop tarts.

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I got out and am very happy.

Not sure of marijuana is going to have the sales levels its expecting.

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I should have back in December. If I can even get close to even again, I'm out.

Yes, what a lot of people in this thread don't seem to grasp is opportunity cost. It's costing you money every day to be in this stock. All the money you have parked there already missed the 2 best days for the market ytd. I keep hearing people say stuff like "ill ride the rest for free", "I'll break even". Those are fallacies.

I got out completely couple weeks ago when it bumped on the 23rd to .0225; for reasons of building cash for the next trump tweet (which worked out), but in the end, I knew there was no possibility it doesn't go lower again if I wanted to buy back in. Now that I have no shares; everything I thought and hoped prior to that day seems a bit more ridiculous.

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Yes, what a lot of people in this thread don't seem to grasp is opportunity cost. It's costing you money every day to be in this stock

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Depends on what else you’d be doing with that money. Aside from LVVV, I strictly invest in total stock market/total bond market index funds, and that end has lost money. So the only opportunity I’ve lost is losing money elsewhere. LVVV has always been a roller coaster. It was in the low to mid teens in December, then hit .0375 in January more than once. There will be more downs, and there will be more ups. I have patience and wouldn’t be gaining with that money otherwise. As long as the company keeps showing significant progress, I’m happy.

I might've been the very first person in this thread who expressed doubts with LVVV. I didn't feel like it was a good opportunity so I never bought in and instead invested in OGI, CGC, S&P500, etc. I'm up 45% YTD.

No regrets

I do still follow LVVV in hopes that y'all hit it big though.

GIF

OGI is the true allstar of cannabis. I would have lost my arse overall in the last year and half but I put 1k into OGRMF when it was at $3.25; then rolled over about 2k from my LVVV sale earlier this year; when it was at about $5.50.

They were generating revenue efficiently from the beginning. Their P/E was like 18 as soon as cannabis was legalized in Canada.

I think the rush for the most part is over until the next step happens which is US reforming the banking laws. I don't see that happening this year. If you want to be a daily trader, there's still money to be made for sure; not for me.

I have (from largest to smallest) CGC>>OGI>CRON>>>MO>CNPOF, and I got into a small DRVD position, but that company is actually making substantial moves so I'm content to let it ride since its so small a position. I feel fine about all of those stocks over the next year, except DRVD. I could not log into my brokerage for 2 months, and I don't think they are going anywhere.