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re: Let’s talk weed stocks in this thread

Posted on 10/2/18 at 3:43 pm to
Posted by Pendulum
Member since Jan 2009
7579 posts
Posted on 10/2/18 at 3:43 pm to
It might still be, maybe not our timing..
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/2/18 at 3:51 pm to
quote:

Who had the idea that Namaste was a good buy under 3 bucks??? Lol we all going broke together


I sure do still think it is. No way someone puts $45M @ $3 unless they were FULLY confident it will at least hit the target of $7.
Posted by dawg4lyfe
Member since May 2012
11662 posts
Posted on 10/2/18 at 4:17 pm to
A couple highlights from their second quarter report, regarding TRPX:


quote:

Mild Cognitive Impairment (MCI):

A pre-clinical study evaluating the effect of the THX-130, proprietary ultra-low-dose THC, in a rodent model for cognitive impairment related to traumatic brain injury (TBI) was initiated in Dalhousie University, Halifax, Canada. Results are expected by the second half of this year.





quote:

Antimicrobial:

We are continuing our development program as planned to evaluate the potential efficacy of our proprietary drug candidate THX-150.

THX-150 is a pharmaceutical composition of dronabinol (synthetic ?9-tetrahydracannabinol) with or without palmitoylethanolamide (PEA) along with a selected antibacterial agent that may possess synergy potential. Our objective is to use our entourage technology in association with THC to potentially increase the efficacy of existing antibiotic drugs especially in antibiotic-resistant bacteria strains. In addition, we have initiated a study in an animal model of a microbial infection to test the potential efficacy and safety of THX-150 in accordance with the plan schedule during the second half of 2018.



2 upcoming catalysts with the THX-130 and THX-150
LINK
This post was edited on 10/2/18 at 4:20 pm
Posted by Pendulum
Member since Jan 2009
7579 posts
Posted on 10/2/18 at 4:22 pm to
quote:

Lol we all going broke together


I'm sure this is a joke, but if you are investing the type of money that would "break" you into cannabis; you are fkn insane. It's less than 10% of my portfolio and I feel like it's too much. Especially now because I can't sit and watch this stuff all day or really much at all during the day; so once it gets to cryptocurrency levels of volatility, I'm looking to get out.
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18315 posts
Posted on 10/2/18 at 6:54 pm to
quote:

el Gaucho


Posted by saderade
America's City
Member since Jul 2005
25997 posts
Posted on 10/2/18 at 9:29 pm to
quote:

I'm sure this is a joke, but if you are investing the type of money that would "break" you into cannabis; you are fkn insane.
Truth- almost all of these stocks are boom or bust. Just like going to the casino so I wouldn’t put too high of a percentage in my portfolio.
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/3/18 at 7:41 am to
It was a joke.

Ive got slightly over 10% of mt portfolio and understand these are high risk plays. It is why i am diversified in several high risk plays.
Posted by BitBuster
Lafayette
Member since Dec 2017
1518 posts
Posted on 10/3/18 at 9:08 am to
Are any of these stocks worth buying and holding? It seems like the majority of these are pump and dump or get rich quick schemes.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38261 posts
Posted on 10/3/18 at 9:31 am to
I have't tried any of these out myself, but I'm willing to bet that's what it's going to be until country wide legalization is on the voting block.
Posted by Pendulum
Member since Jan 2009
7579 posts
Posted on 10/3/18 at 9:42 am to
quote:

Are any of these stocks worth buying and holding? It seems like the majority of these are pump and dump or get rich quick schemes.


CGC is a legit stock with lots of cash and 9.2B market cap. If you want to buy something that you don't have to watch all day in fear of a down swing, I would suggest CGC. I got in at $25 in April-ish; and it boomed to 56 in aug/sept, and has held reletively solid between 45-55 since.

I try to buy more anytime I see it dip under 45.

Cramer has brought it up on his show many a times, it's the most legit cannabis stock imo.
Posted by BrotherEsau
Member since Aug 2011
3561 posts
Posted on 10/3/18 at 10:26 am to
Yeah, I like my CGC and Aurora. I'm really questioning my faith in Namaste. If I can get up 10-20% I'm out. They can't get over $3 after getting their medical license and are way to manipulated.
Posted by Suntiger
STG or BR or somewhere else
Member since Feb 2007
34573 posts
Posted on 10/3/18 at 10:31 am to
CGC and Aurora have a good future I think. Riding a few shares of IGC just to see where it goes.
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 10/3/18 at 10:31 am to
quote:

Cramer has brought it up on his show many a times, it's the most legit cannabis stock imo.


I like CGC & ACBFF but Cramer is a shithead and a paid shill.
Posted by dawg4lyfe
Member since May 2012
11662 posts
Posted on 10/3/18 at 12:26 pm to
TRPX also has a cannabis-based drug for Tourettes Will continue to add shares. Pissed I missed the dip earlier though
Posted by Chop77
Nola
Member since Oct 2017
62 posts
Posted on 10/3/18 at 1:11 pm to
People talking about DTEA - from my very brief research appears to be a scam or pump and dump
Posted by thirstyfish
Member since Jun 2017
132 posts
Posted on 10/3/18 at 2:22 pm to
LVVV is up another 17.35% right now
Posted by papz
Austin, TX
Member since Jul 2008
9363 posts
Posted on 10/3/18 at 2:28 pm to
They got their permit.

This could get very interesting.
Posted by thirstyfish
Member since Jun 2017
132 posts
Posted on 10/3/18 at 2:33 pm to
and their website is "Under construction for improvements".
Posted by papz
Austin, TX
Member since Jul 2008
9363 posts
Posted on 10/3/18 at 2:37 pm to
FRLF is on fire right now. Another cheap stock to look at.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/3/18 at 2:53 pm to
quote:

LVVV is up another 17.35% right now


Well it only makes up for the 20% it was down last week. I do think they will do well here soon.

ETA: Finally back in the green...probably won't last too long
This post was edited on 10/3/18 at 3:00 pm
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