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re: Let’s talk weed stocks in this thread

Posted on 5/21/20 at 6:20 pm to
Posted by cgrand
HAMMOND
Member since Oct 2009
38655 posts
Posted on 5/21/20 at 6:20 pm to
moving on...
aurora, tillray and canopy were all up today and showing strength
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 5/21/20 at 8:15 pm to
What do you think of the etf MJ? As opposed to any individual weed stocks.
Looks to be the best etf of any of the weed ones I've looked at.

A little of everything......
This post was edited on 5/21/20 at 8:44 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
38655 posts
Posted on 5/21/20 at 9:16 pm to
man I have no idea
I’ve made a few bucks in and out of CGC but lost my arse on YOLO, MJ, OGI, etc. I’m talking 80-90% losses albeit in small doses.

I’m an avid consumer but I think I’m out as an investor
Posted by Ballstein32
Member since May 2020
363 posts
Posted on 5/21/20 at 10:07 pm to
Haha. I hear ya. Aurora crushed me and I got out last week before it skyrocketed up this week. Frustration sell there. Doh!

I really think it'll be legalized on the federal level in the next few years (10 max) and when it does stocks will blast off. But until then it'll be a roller coaster of a ride.

I still think I should get in atleast a small portion and just sit it and forget it.
Posted by DLauw
SWLA
Member since Sep 2011
6086 posts
Posted on 6/10/20 at 2:29 pm to
no
This post was edited on 6/10/20 at 2:31 pm
Posted by Thib-a-doe Tiger
Member since Nov 2012
35346 posts
Posted on 6/22/20 at 10:39 am to
Bump


LVVV posted $145k in revenue for the first quarter of 2020, while posting a loss of 2.1mm.


He who laughs last.......
Posted by igoringa
South Mississippi
Member since Jun 2007
11875 posts
Posted on 6/29/20 at 11:59 am to
Better yet Thib - the dream officially died. They pretty much exited the multi billion clone business they developed:

"Sale of GHC Ventures LLC. In accordance with the Company’s plan to centralize all operations throughout California at its Paso Robles facility and establish and maintain all licenses required for operation at that location, the company agreed to sell its stake in GHC Ventures, LLC, located in Coachella, California, and the underlying license expiring in July 2020, to SJ Venture, LLC for a purchase price of $300,000 payable in monthly installments of $25,000. After careful review of potential income from the remaining timeframe on the license, the expense of relocating the license to Paso Robles, the Company’s management felt this agreement to be in the best interest on the Company."

Stunned I tell you - stunned! It is almost like the most obvious thing ever.....
Posted by High C
viewing the fall....
Member since Nov 2012
53730 posts
Posted on 7/14/20 at 11:55 am to
What’s going on with LVVV? Up 35% over the last few days. I’m still way down, but I’m still holding.
Posted by quail man
New York, NY
Member since May 2010
40925 posts
Posted on 7/15/20 at 1:36 pm to
Yeah what the frick volume was off the charts yesterday and it’s up again today.
Posted by High C
viewing the fall....
Member since Nov 2012
53730 posts
Posted on 7/20/20 at 4:16 pm to
LVVV just jumped another 37% in AH.
Posted by Salamander_Wilson
Member since Jul 2015
7668 posts
Posted on 7/20/20 at 4:16 pm to
LVVV now up 100% in the past week.

No idea what’s driving it other than maybe positive news about the permit to grow on the Estrella Ranch?

I’m tempted to bail now but this fricking stock is like, well, a drug to me. Pun intended.
Posted by Salamander_Wilson
Member since Jul 2015
7668 posts
Posted on 7/23/20 at 1:25 pm to
LVVV up another 14% today.

Almost over a penny again!
Posted by High C
viewing the fall....
Member since Nov 2012
53730 posts
Posted on 7/23/20 at 2:22 pm to
Holding a small bag at .0218. I’m not going anywhere until they either go belly up or at least get to .02.
Posted by quail man
New York, NY
Member since May 2010
40925 posts
Posted on 7/27/20 at 9:21 am to
This thread is anchored thankfully but it’s nice to have a few people post in it. Officially back to a penny stock

I’ve lost over 1k in this stupid shite and sold a good chunk for tax write off last year. If this dumb fricking thing can hit 10 cents again I’m selling my remaining 5K shares and calling it a day.
Posted by BitBuster
Lafayette
Member since Dec 2017
1439 posts
Posted on 7/27/20 at 9:40 am to
I remember a few weeks ago there was a weird 12million share buy in at about .004. It came out of the blue.
Then the next week, there was a near identical 12million share buy in.
The stock has been trending upwards ever since.

There has been no company news whatsover to justify the rise in SP. Tons of new posters on IH pumping the stock. They've been absent for the past year.

I'm thinking it's another pump and dump.

Bill is dumping a shite ton of shares on the market at .015. I'm thinking .013 may be the magic number to get out.

Everything about this feels illegal as hell. I'm not going to be greedy, I'm out as soon as I break even.
This post was edited on 7/27/20 at 9:46 am
Posted by quail man
New York, NY
Member since May 2010
40925 posts
Posted on 7/27/20 at 9:46 am to
Yeah it’s weird. Volume isn’t overly high today and yet it’s up 30 percent. My shares are only worth $60 so likely not worth selling.
Posted by Salamander_Wilson
Member since Jul 2015
7668 posts
Posted on 7/27/20 at 9:59 am to
Im selling 90% of my lvvv today if my limit order goes through.

Happy to limit my losses with this damn company.

Keeping 10% of them as a lesson to myself to not invest stupidly.
Posted by BitBuster
Lafayette
Member since Dec 2017
1439 posts
Posted on 7/27/20 at 10:06 am to
quote:

Im selling 90% of my lvvv today if my limit order goes through.


Do pump and dumpers buy other people's shares, or just their own? Let us know if your order goes through.
Posted by High C
viewing the fall....
Member since Nov 2012
53730 posts
Posted on 7/27/20 at 10:21 am to
.0147 now. Tempted to get out after what Bit Buster said.
Posted by BitBuster
Lafayette
Member since Dec 2017
1439 posts
Posted on 7/27/20 at 10:23 am to
I mean, confirm that Bill is dumping those shares at .015. I can't find that information anymore.

Don't take my advise. I've made wrong decisions at every turn.

ETA: Personally, I'm watching it closely. If it drops back below a certain number, I'm selling.

Edit: Seriously, let me know if you can actually sell anything. They're just upping the ask 10,000 shares at a time. They'll blow past your bid and hit their own ask. They're buying their own shares.
This post was edited on 7/27/20 at 11:23 am
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