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re: Let’s talk weed stocks in this thread

Posted on 9/27/18 at 8:28 am to
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15579 posts
Posted on 9/27/18 at 8:28 am to
quote:

The reason I ask is because Trump was talking a few weeks ago about not letting Canadian citizens involved in the weed trade into the country.

I don't want to purchase stock and end up on some kind of list, or get my money seized.


It's a publicly traded company. He can't stop you from buying stock. He can prevent the companies from selling in the US (although I believe in 5-10 it will be leagalized) but he can't stop you from buying stock.
Posted by African Japanese
Member since Jul 2018
364 posts
Posted on 9/27/18 at 9:18 am to
What the frick Nxttf! This makes no sense
Posted by Pendulum
Member since Jan 2009
7586 posts
Posted on 9/27/18 at 9:20 am to
At what price point does "Damn I wish I could have gotten in this low" change to panic

I bought about 850 shares over the last 2 weeks, at an avg of like 2.60 now. I'm still keeping cool, but I feel like I should just move this money somewhere else at this point iono.

ETA: probably going to wait until monday to do anything regardless.
This post was edited on 9/27/18 at 9:22 am
Posted by lynxcat
Member since Jan 2008
24720 posts
Posted on 9/27/18 at 9:25 am to
My limit order hit this AM and my reaction was "uh oh"...my blended price is ~$2.25/share so I am down right now.

I'm maxed out for cannabis exposure so this becomes a wait-and-see for now.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15579 posts
Posted on 9/27/18 at 9:28 am to
quote:

I bought about 850 shares over the last 2 weeks, at an avg of like 2.60 now. I'm still keeping cool, but I feel like I should just move this money somewhere else at this point iono.


Yea I don't quite understand this except that people jumped in thinking it was about to take off then got scared and sold out or it's long term shareholders that don't want to see a 2x or more disappear and selling out.

Either way, I am holding on and if continues to be this low next Thursday, buying more.

ETA: And just to inject a little bit of humor, as Alfred would say, "It's always darkest before the dawn"
This post was edited on 9/27/18 at 9:30 am
Posted by Major Dutch Schaefer
Location: Classified
Member since Nov 2011
35344 posts
Posted on 9/27/18 at 9:50 am to
quote:

no. $4.95 per order. I use Fidelity.


free if you are a member of USAA


Is this if you open a trading account through USAA?
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
34580 posts
Posted on 9/27/18 at 10:38 am to
It kind of looks like the sector overall. Aurora, TLRY, CGC and NXTTF are all down the last few days.
Posted by CBarkleytruth
Member since Dec 2014
1688 posts
Posted on 9/27/18 at 11:27 am to
Ignore all u want but IGC was less than $1 a week ago and now at almost $4 with no sign of slowing down
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/27/18 at 11:30 am to
I wish I would’ve bought some at 1.95 but I keep transferring money to lose it and this feels like the casino
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/27/18 at 11:30 am to
Why didn’t you tell us a week ago?
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15579 posts
Posted on 9/27/18 at 11:46 am to
quote:

I wish I would’ve bought some at 1.95 but I keep transferring money to lose it and this feels like the casino


Yea I was debating selling some other shares to buy in again at $2 but I couldn't find any other stocks I want to dump.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/27/18 at 11:54 am to
Should I buy igc?
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15579 posts
Posted on 9/27/18 at 12:06 pm to
quote:

Should I buy igc?


No idea. First time I ever heard of them was yesterday. If you do your research and life the company, I'd wait until the dip then buy in.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/27/18 at 4:35 pm to
So are we still yoloing? I see it closed at 1.90
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15579 posts
Posted on 9/27/18 at 4:39 pm to
quote:

So are we still yoloing? I see it closed at 1.90


I personally am. If nothing happens in the next year, then I may sell but I am not selling any time soon.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/27/18 at 4:40 pm to
Did you put in a limit? I might put one in for like 1.95
Posted by lynxcat
Member since Jan 2008
24720 posts
Posted on 9/27/18 at 5:04 pm to
Long. term. hold. I basically need to stop monitoring this thread
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/27/18 at 5:09 pm to
I’m mad I didn’t buy the India company
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
34580 posts
Posted on 9/27/18 at 5:15 pm to
quote:

I basically need to stop monitoring this thread


Me too! But I like all the discussion going on in here.

quote:

I’m mad I didn’t buy the India company


I’ve got some I can sell you.
Posted by el Gaucho
He/They
Member since Dec 2010
56786 posts
Posted on 9/27/18 at 5:34 pm to
I put in an after hours order
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