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re: Let’s talk weed stocks in this thread

Posted on 7/30/19 at 9:06 pm to
Posted by Thib-a-doe Tiger
Member since Nov 2012
36271 posts
Posted on 7/30/19 at 9:06 pm to
According to one of the mods at IH, this thing is wayyyyy undervalued lmao
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15590 posts
Posted on 7/30/19 at 9:13 pm to
Don’t forget one person on here too.
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 8/1/19 at 8:19 pm to
Just want to take a moment to congratulate the LVVV Kong’s on their horsey update - sounds exciting .... and another tweeted angled picture of a few trays. Lmao

It seems just like yesterday we were hearing about 25,000 clones a pod turning every month or two. I mean surely it is simple as that right - just grow them! I mean they hired a horticulturist and everything! Don’t get me started on the fact they have a van!

But it is fun to see good ole thumpa staying long and strong on the Other board. That place is freaking hilarious. I can’t believe those people get to vote....
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15590 posts
Posted on 8/1/19 at 8:31 pm to
quote:

igoringa


Just remember, if you build it, they will come!

I can't wait for my horse and me to go ride around then get super high together after a long day!

Posted by Cajun367
S. Louisiana
Member since Oct 2017
1943 posts
Posted on 8/1/19 at 10:07 pm to
Wtf is happening with ACB?

Posted by BitBuster
Lafayette
Member since Dec 2017
1519 posts
Posted on 8/2/19 at 7:46 am to
Cajun - this article explains what is going on with ACB
LINK

I wish I was in a position to buy ACB right now.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 8/2/19 at 8:03 am to
yeah definitely read the article... Earnings and share dilution are the primary drivers IMO.


I want to go a quarterly investor meeting and try all the new products
Posted by Pendulum
Member since Jan 2009
7604 posts
Posted on 8/2/19 at 8:46 am to
I always read that ACB's run-up was based on their early investments in other cannabis companies and less to do with their own actual operations; so I always stayed away from it. It would make sense that it is in turmoil like the rest of the cannabis sector.

I haven't really been following cannabis too much because there is too much money to be made in the general market right now to be playing stupid games with these stocks. I did look at my cannabis watch list for the first time since June, and out of the 35 stocks I listed from mid '18 to now, only Charlottes Web is higher than when I watch listed it.

Only things I still own is CGC, albeit about a 1/3 of what I had the last time I posted in this thread, and I still have that little tiny DRVD position that isn't worth the commission to sell to me.

ETA: I see LVVV is still in a painfully slow moving downward spiral
This post was edited on 8/2/19 at 8:47 am
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 8/2/19 at 9:33 am to
absolutely lots of money to be made in broad market. I just have a tiny bit of money I play around with and i doubled up on it. I got in at like 5.50 and then got out at 10 something. The KERN stock is intriguing and then they had massive failure in their primary state, Washington. The only other one i'm interested in SOLCF. I just like those brands they hold
This post was edited on 8/2/19 at 9:34 am
Posted by Thib-a-doe Tiger
Member since Nov 2012
36271 posts
Posted on 8/2/19 at 9:37 am to
Think of how fricking mad Jimmy Connors must be right now
Posted by LSUregit
Member since Dec 2013
1662 posts
Posted on 8/2/19 at 10:04 am to
Or the guy on here that said he has a million shares.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15590 posts
Posted on 8/2/19 at 10:07 am to
quote:

866,934k here. My goal now is to get to 1 mil. Gonna try to do that by flipping some shares in the next couple of months. But maybe I won't. Who knows. I'm a little scared to let some go, and miss out on big gains that don't come back down enough for me to buy them back.


^^^^This guy

ETA: From looking at his old post, I am guessing he had around 1.5M shares at one point. I wonder if he's still holding.
This post was edited on 8/2/19 at 10:12 am
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15590 posts
Posted on 8/2/19 at 10:08 am to
quote:

Don't be a fool and sell these shares for 3 cents. This is only the beginning. It'll be .06 before you know it. They are just starting to see revs. Haha


I bet he would LOVE to get back to 3 cents....I know I would
Posted by BitBuster
Lafayette
Member since Dec 2017
1519 posts
Posted on 8/2/19 at 10:14 am to
quote:

Think of how fricking mad Jimmy Connors must be right now


Why would he be mad? He hasn't done anything to promote the brand or try to get value for the shares he was given. He has probably sold them all by now. It was a total waste of Bill's time trying to act like a California big shot.

I have a strong feeling that LVVV is going to sink below a penny either today or early next week. Bill is trying to PR the SP up via Twitter, but nobody is buying his horseshite anymore. Literally. All these tweets are trying to hide the stink that will be the Q2 financials.

They may be working hard and making progress in a lot of areas, but they have never, ever, proven that they can actually make money doing anything. That's the core of the problem. Like igoringa said, it's a scam. We are their income.
Posted by BitBuster
Lafayette
Member since Dec 2017
1519 posts
Posted on 8/2/19 at 10:16 am to
quote:

866,934k here. My goal now is to get to 1 mil. Gonna try to do that by flipping some shares in the next couple of months. But maybe I won't


Haha, I was on board with that plan too. Problem is you can't flip shares if they never go up and there's zero volume.

I think since I bought LVVV last October, I've been in the green a total of maybe 3 days.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15590 posts
Posted on 8/2/19 at 10:26 am to
quote:

Haha, I was on board with that plan too. Problem is you can't flip shares if they never go up and there's zero volume.

I think since I bought LVVV last October, I've been in the green a total of maybe 3 days.


Hell, I am the one that brought LVVV into this thread after taking ~$500 flyer on them.

With all the positive pumping done on this thread, I've slowly bought more until I said "frick this" after realizing this was a losing position, but not until after spending $7k. I am down $4k with zero belief I'll even get my money back.
Posted by BitBuster
Lafayette
Member since Dec 2017
1519 posts
Posted on 8/2/19 at 1:02 pm to
quote:

With all the positive pumping done on this thread, I've slowly bought more until I said "frick this" after realizing this was a losing position, but not until after spending $7k. I am down $4k with zero belief I'll even get my money back


Yeah same here. I blame greed on my part - trying to get a ground floor piece of the MJ market when it was at its peak. I didn't do my DD at all on the stock and kept averaging down. I'm not willing to dump my shares at a 60+% loss at this point. I'll just keep compounding my dumb decisions. frick it, let's ride.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15590 posts
Posted on 8/2/19 at 1:08 pm to
quote:

frick it, let’s ride


Ignoria (sp?) will hate this

...but I’m in the same boat. At this point, what is losing the final $3k? Might as well hope dumbo bill slips into success or pumps it enough to recoup some of it
This post was edited on 8/2/19 at 1:08 pm
Posted by igoringa
South Mississippi
Member since Jun 2007
11901 posts
Posted on 8/2/19 at 4:16 pm to
quote:

Ignoria (sp?) will hate this ...but I’m in the same boat. At this point, what is losing the final $3k? Might as well hope dumbo bill slips into success or pumps it enough to recoup some of it


No I understand....

And remember I thought there was a short term pump play - had no idea that he would bungle that so badly. Hopefully for you guys you get a bounce to dump
Posted by TigrrrDad
Member since Oct 2016
7607 posts
Posted on 8/2/19 at 4:25 pm to
No worries. It’ll pop again when they get the Paso Robles state cultivation license and finish the buildout. People here have no patience.
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