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re: Let’s talk weed stocks in this thread
Posted on 10/1/19 at 11:35 am to TigrrrDad
Posted on 10/1/19 at 11:35 am to TigrrrDad
quote:
I said a year or two. We’re only halfway there.
Year 1 didn’t go well. Year 2 not starting well
Running out of carrots to dangle when you have already taken the equine path with weed
This post was edited on 10/1/19 at 11:37 am
1
Posted on 10/2/19 at 2:33 pm to Thib-a-doe Tiger
DRVD popped for 30% today. Only position I still have cannabis related; haven't visited this thread in quite awhile. I'd imagine there's a lot of pain over the last 10 pages 
Posted on 10/2/19 at 5:25 pm to Pendulum
mostly discussion on how shitty that lvvv thing was. the rest of the weed industry is bleeding though for sure. it's not been a good month for oklahogjr
Posted on 10/3/19 at 9:21 am to oklahogjr
LVVV is now in sub penny land with a 2000% increase in revenue YOY. It took them a month, but people started catching on
And Thumpa just wants to know that they’ve done more than put tape on the floor
ETA: guess I have to eat my words, someone moves big money (aka 3k) into it to get it back above a penny
And Thumpa just wants to know that they’ve done more than put tape on the floor
ETA: guess I have to eat my words, someone moves big money (aka 3k) into it to get it back above a penny
This post was edited on 10/3/19 at 9:57 am
Posted on 10/3/19 at 2:45 pm to Thib-a-doe Tiger
Yea those 15000 shares I bought at 0.03 in January looking bleak. It could have been worse.
Posted on 10/3/19 at 3:07 pm to Thib-a-doe Tiger
quote:
ETA: guess I have to eat my words, someone moves big money (aka 3k) into it to get it back above a penny
Even at the day's high, a total of $7,123.28 was traded.
Posted on 10/4/19 at 10:04 am to rowbear1922
quote:
@livewireLVVV Following Following @livewireLVVV Building-2 is coming along as part of this amazing, large-scale nursery. And a relationship with one of the most exclusive seed banks in California will expose one of the largest indoor, exotic cross-breaded strains. It’s all about contacts, positioning and timing.
Cross-breaded. They frying wings up in there
Posted on 10/4/19 at 10:33 am to Thib-a-doe Tiger
The amazing thing is even at today’s price - still has a 12 million market cap.... so much room to the downside still. But nice picture of empty facility!
Posted on 10/8/19 at 10:15 am to rowbear1922
Hey Rowbear, me and you are pretty much in the same boat with this LVVV turd. I'm about ready to just cut my significant losses and run. Every time I thought I saw the bottom I was wrong. Now I'm starting to think the bottom truly is zero.
Leaving with something is better than nothing. Do you see any reason to hang on other than not wanting to soak the loss?
Leaving with something is better than nothing. Do you see any reason to hang on other than not wanting to soak the loss?
Posted on 10/8/19 at 10:19 am to BitBuster
quote:
Do you see any reason to hang on other than not wanting to soak the loss?
I'm going to hold at least through the Q3 "numbers". Definitely going to use my stake in LVVV as a tax deduction.
Posted on 10/8/19 at 10:27 am to rowbear1922
quote:
I'm going to hold at least through the Q3 "numbers"
See that's what I'm worried about. The President quit. They're "short staffed". Bill always waits the maximum amount of time before releasing a statement, now he has no help in getting those number out.
The SP is sub-penny.
What I"m saying is, I'm not so sure we even see numbers. He may just say "frick it" and let the stock tank. I have no confidence that he has ever cared about the share price of LVVV.
Basically what I'm saying is that Q3 may be too late, and that nobody is buying any weed stocks, especially not bad ones. Everyone is waiting to sell that news.
Posted on 10/8/19 at 10:33 am to BitBuster
At this point, I've already written off the money that's left in it. I would almost rather it go to zero than get the $2500 I have in it currently out.
Besides the entertainment aspect (and by entertainment I mean pissed off, sarcastic manner), I'll leave my money at latest through the end of the year. If somehow it "pops" () before that, I'm out but I'm just expecting it to be a loss on my taxes and capital gains.
Besides the entertainment aspect (and by entertainment I mean pissed off, sarcastic manner), I'll leave my money at latest through the end of the year. If somehow it "pops" (
) before that, I'm out but I'm just expecting it to be a loss on my taxes and capital gains.Posted on 10/8/19 at 6:11 pm to rowbear1922
quote:
Definitely going to use my stake in LVVV as a tax deduction
You’re welcome.
ETA: BTW, thanks for bringing this dog of a stock into this fine thread.
Long and strong.
This post was edited on 10/8/19 at 6:14 pm
Posted on 10/8/19 at 6:28 pm to TigrrrDad
I just said I put some money into it, bought 500 shares at the time. You were the one that chimed in to pump the shite out of this stock.
Posted on 10/9/19 at 8:39 am to rowbear1922
Obviously your call guys but I would say at this point at least wait until they post the fake Q3 results. That will likely get you an exit point that is the best you can hope for now.
They will likely continue the Cr Revenue Dr COGS to keep showing revenue. I mean they faked every Q for years and then took away the ability to be caught. This is the guy that tried to record rental income from himself. There will be fake revenue with no associated cash (again) for Dad to fall for like an idiot. I am sure Rusin, who was running the empty pods and buildings, left because they were just too busy and he couldn't handle the thought of making all that money.
Get out at Q3 and then get your steaks with Thib from Dad. Merry Xmas :)
They will likely continue the Cr Revenue Dr COGS to keep showing revenue. I mean they faked every Q for years and then took away the ability to be caught. This is the guy that tried to record rental income from himself. There will be fake revenue with no associated cash (again) for Dad to fall for like an idiot. I am sure Rusin, who was running the empty pods and buildings, left because they were just too busy and he couldn't handle the thought of making all that money.
Get out at Q3 and then get your steaks with Thib from Dad. Merry Xmas :)
Posted on 10/9/19 at 8:40 am to igoringa
But definitely don't feel bad about owning the stock, you guys could have sold many times and made money... so I believe in Dad world that makes you guys stock picking geniuses that nailed it. Congrats!
Posted on 10/9/19 at 9:16 am to igoringa
Man, I read on IH the other day that someone had 80k in this shite. And I would be willing to bet that it is someone whose net worth doesn’t support them being able to put 80k into any stock, especially a penny weed stock
Posted on 10/15/19 at 10:12 am to Thib-a-doe Tiger
NXTTF got it's approval from Canada health to sell oils and it still has been worth only a 5% rise in stock.
Posted on 10/15/19 at 3:33 pm to igoringa
quote:
Get out at Q3 and then get your steaks with Thib from Dad. Merry Xmas :)
LVVV hit a 52-week low yesterday
Posted on 10/15/19 at 4:35 pm to cgrand
quote:
LVVV hit a 52-week low yesterday
That's nothing special, they hit a new 52 week low everyday.
There's no such thing as sell, let it drop lower, buy, then re-sell it on the bounce. There is no bounce.
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