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re: Let’s talk weed stocks in this thread

Posted on 10/4/18 at 2:16 pm to
Posted by John McClane
Member since Apr 2010
37097 posts
Posted on 10/4/18 at 2:16 pm to
I have no idea what to make of the author. Thankfully I got in at 1.70 so may as well stick around
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/4/18 at 2:56 pm to
LINK

Another namaste article
This post was edited on 10/4/18 at 2:57 pm
Posted by BitBuster
Lafayette
Member since Dec 2017
1518 posts
Posted on 10/4/18 at 3:23 pm to
Are they serious? WTF? I literally just bought in to Namaste yesterday. frick my luck.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/4/18 at 3:25 pm to
quote:

I have no idea what to make of the author. Thankfully I got in at 1.70 so may as well stick around


Yea my avg. is a little under $2 / share so I think even if the whole thing is a fraud it will spike at least once more and I should break even or turn a profit.

ETA: If it does turn out to be fraud, I may be giving those lawyers a call. It would only be a few grand to recover but I am not in the business to lose money.

On a separate note, I just got approved to trade options. This I do expect to lose money in the short term until I learn more about it.
This post was edited on 10/4/18 at 3:28 pm
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/4/18 at 3:33 pm to
I doubt the whole deal is a fraud considering they did receive a license.

Likely similar to the Tesla deal where Elon was pumping up shite on Twitter affecting the pricing

There is a lot more positive news around this stock than negative. Additionally the stock didn’t take a hit today. Potentially was built in and why we didn’t see a strong rise on the recent positive news
This post was edited on 10/4/18 at 3:35 pm
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/4/18 at 3:36 pm to
quote:

I doubt the whole deal is a fraud considering they did receive a license.

Likely similar to the Tesla deal where Elon was pumping up shite on Twitter affecting the pricing

There is a lot more positive news around this stock than negative. Additionally the stock didn’t take a hit today. Potentially was built in and why we didn’t see a strong rise on the recent positive news


Before the posts today, I was ready to buy another 500+ shares. Now, I may wait or invest more in others. LVVV killed it for me today though.
Posted by thirstyfish
Member since Jun 2017
132 posts
Posted on 10/4/18 at 3:43 pm to
quote:

LVVV killed it for me today though


Yeah I'm counting my dollars
Posted by BrotherEsau
Member since Aug 2011
3561 posts
Posted on 10/4/18 at 3:44 pm to
So apparently the law firm "investigating" Namaste is known as the ambulance chaser of securities law. It seems like they're simply asking people to talk to them at this point.


I'm skeptical about it all, because the law firm seems to be basing this on the Andrew Left article. He is a known bull shite short-seller that manipulates stock prices with his stories. So the firm gets enough people together and comes up with a claim, then files a class action. Then the stock price drops. Fits perfectly with the Left MO.

The Left article itself is pretty meh. draws a lot of questionable conclusions without much else.
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/4/18 at 3:54 pm to
quote:

So apparently the law firm "investigating" Namaste is known as the ambulance chaser of securities law. It seems like they're simply asking people to talk to them at this point.


I'm skeptical about it all, because the law firm seems to be basing this on the Andrew Left article. He is a known bull shite short-seller that manipulates stock prices with his stories. So the firm gets enough people together and comes up with a claim, then files a class action. Then the stock price drops. Fits perfectly with the Left MO.

The Left article itself is pretty meh. draws a lot of questionable conclusions without much else.


That's why I stated earlier if it was any credible person that made these claims, I'd probably be out and just take the loss and move on. I definitely think Left has some play here were he is trying to make a quick buck again. I don't like that these accusations came out right before Canada legalization but unless the stock REALLY tanks, I am holding. Q1 2019 should be all smiles for my little weed stocks.
Posted by stout
Porte du Lafitte
Member since Sep 2006
175545 posts
Posted on 10/4/18 at 5:10 pm to
quote:

LVVV killed it for me today though.




Are you day trading?
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/4/18 at 6:37 pm to
Negative but I am up 30% after today. LVVV I don’t plan on selling any unless it hits $5
Posted by BrotherEsau
Member since Aug 2011
3561 posts
Posted on 10/4/18 at 6:39 pm to
10-4. Worst part of article is it says he’s only talking about 2 acts of fraud (tenuous at best) but that he has more to come. He’s a real piece of shite.
Posted by African Japanese
Member since Jul 2018
364 posts
Posted on 10/4/18 at 8:02 pm to
Someone let me know where this dude lives. He’s costing me a lot of money
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/4/18 at 8:20 pm to
Financial Report.com

Read some of his stuff across the board about weed stocks and he pretty much shite on a lot of them all while trying to create a cannabis hedge fund. He is doing exactly what he is shitting on Namaste and manipulating the market to either buy the stocks his hedge fund supports or to buy in cheap on the stocks he wants.

Namaste is the largest e-commerce site for this space and he is invested in Shopify which is trying to create it's own niche online for cannabis.
Posted by lsuguy13
RIP MATT
Member since Mar 2004
9509 posts
Posted on 10/4/18 at 9:12 pm to
Why am I not able to by Livewire on Robinhood?
Posted by John McClane
Member since Apr 2010
37097 posts
Posted on 10/4/18 at 10:39 pm to
What an a-hole
Posted by BrotherEsau
Member since Aug 2011
3561 posts
Posted on 10/5/18 at 8:26 am to
Yep. Yahoo conversation people are encouraging everyone to file complaints against him with the Canadian securities people - iroc, I believe.
Posted by lsuguy13
RIP MATT
Member since Mar 2004
9509 posts
Posted on 10/5/18 at 9:26 am to
So how do I buy into LVVV? I can’t do it on the Robinhood app obvis. Suggestions?
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15573 posts
Posted on 10/5/18 at 9:34 am to
quote:

So how do I buy into LVVV? I can’t do it on the Robinhood app obvis. Suggestions?


I use fidelity but I know you can also get it on etrade. I'm not sure about the new chase but they have free trades if so.
Posted by jimjackandjose
Member since Jun 2011
6630 posts
Posted on 10/5/18 at 9:44 am to
So are we holding or dumping.
LINK NXTTF?

Saw another article with another firm today

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