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re: Let’s talk weed stocks in this thread
Posted on 10/16/18 at 9:38 am to rowbear1922
Posted on 10/16/18 at 9:38 am to rowbear1922
Sold my 2,000 shares of Namaste this morning at 2.08. Bought at 1.75. Just too much shady shite with these guys. Happy to make something.
2
Posted on 10/16/18 at 9:57 am to arkiebrian
You had one more day! 
Still, you did well.
Still, you did well.
Posted on 10/16/18 at 10:04 am to arkiebrian
quote:
Sold my 2,000 shares of Namaste this morning at 2.08. Bought at 1.75. Just too much shady shite with these guys. Happy to make something.
I am in the green with them but unless the bottom just completely flops, I am holding for at least a year. I definitely think it will eventually get to between $5-$10 a share. There is too much positive stuff between Cannmart and being in an ETF for it to be a complete lie.
ETA: It was halted then resumed within a 10 minute span earlier. I wonder if this means some kind of news is about to come out.
This post was edited on 10/16/18 at 10:10 am
Posted on 10/16/18 at 10:15 am to rowbear1922
This did me in today. Link from SA is farked.
On another note I think a lot of the growth expected from Canada legalizing tomorrow is already built into the price of weed stocks. I am still long on ACBFF.
Namaste Technologies' Major Related-Party Transactions Go Beyond Citron's Findings $NXTTF
On another note I think a lot of the growth expected from Canada legalizing tomorrow is already built into the price of weed stocks. I am still long on ACBFF.
Namaste Technologies' Major Related-Party Transactions Go Beyond Citron's Findings $NXTTF
Posted on 10/16/18 at 10:21 am to arkiebrian
My avg price is right under $2 and I don't see it sticking there for too long. While I have gotten nervous over the last few weeks, I still see a decent return heading my way if I stick it out. Not as much as I was hoping but I don't want to sell any until I hear some of the numbers coming out with Q4 or Q1 numbers down the road.
Posted on 10/16/18 at 10:36 am to Major Dutch Schaefer
quote:
Did you say you are using TDAmeritrade? I trade to grab some of these shares and got the following message: Opening transactions for this security are not accepted.|
I tried to buy some this morning and got the same message. Yesterday I thought I could buy it through them because the “buy” link was there when I looked up the stock. But tried it today and it won’t allow it. I really don’t want to open another investment account on another site just for that stock so I just threw that money into LVVV too. Grabbed another 10,000 shares.
Livewire did issue a press release today announcing the state distribution license.
This post was edited on 10/16/18 at 10:38 am
Posted on 10/16/18 at 11:56 am to TigrrrDad
I did like you TigrrDad, I sold all my Namaste stock and dumped it into LVVV. I plan on sitting on LVVV for a while.
Namaste, like others have said, are just too shady.
Namaste, like others have said, are just too shady.
Posted on 10/16/18 at 12:26 pm to BitBuster
Dumped NXTTF as well. Took a little more loss than I wanted but rather play in a different market.
KEM is way down and a good buy
KEM is way down and a good buy
Posted on 10/16/18 at 12:40 pm to jimjackandjose
Has anyone heard anything about an eta for the Acreage IPO?
Posted on 10/16/18 at 12:43 pm to BitBuster
We should see another really nice bump in LVVV when they get their Paso Robles permit, and it appears that might happen in the first couple weeks of November (planning commission meeting on Nov. 2 & 8) from what I’ve read. If the uplisting happens around the same time, this thing will really take off. Today has been a pretty calm day considering the presss release, but I don’t think the run from this news is over.
This post was edited on 10/16/18 at 12:49 pm
Posted on 10/16/18 at 2:45 pm to TigrrrDad
Where are you getting most of the info.
I’ve got 50K shares. If it dropped to .04 I might pick up another chunk.
Where do you realistically see this at Year End?
I’ve got 50K shares. If it dropped to .04 I might pick up another chunk.
Where do you realistically see this at Year End?
Posted on 10/16/18 at 2:48 pm to jimjackandjose
You can go to investorshub and search for LVVV. There is a lot of day to day bitching and moaning, but they stay on top of all of the happenings.
Posted on 10/16/18 at 2:57 pm to jimjackandjose
Investorshub LVVV message board
I get most of my information from that site. I’ve read every single post there since July.
IF Livewire gets the Paso Robles permit AND completes uplisting in the next couple months, I’d be disappointed if we’re not somewhere between .10-.15 (with the possibility of being much higher). It’s so hard to judge because so many of these weed stocks have shot up at insane rates without having the revenues to justify their meteoric rises.
Despite the opportunity to cash out at a 50% profit already - which I’d normally take in a heartbeat with any other investment - I think this is one to hold for a year or two at least. If they just get the first couple parts of their business plan rolling well, this stock could easily be in the dollars by the end of next year. And everything seems to be falling into place now for that to happen.
Go to that site and just read the first couple pages of posts, especially about the 7x pure verification system which can now start rolling because of the state distribution license. That alone could be a very good business, and it’s just a small part of the big picture.
It was tough to pull the trigger today on 10K shares at .055 because my other 150K shares are at a .0405 average. But I had the money transferred to my account already and in the end I’m in this one for the BIG hit. That extra penny will be meaningless when this thing hits a buck or two.
I get most of my information from that site. I’ve read every single post there since July.
IF Livewire gets the Paso Robles permit AND completes uplisting in the next couple months, I’d be disappointed if we’re not somewhere between .10-.15 (with the possibility of being much higher). It’s so hard to judge because so many of these weed stocks have shot up at insane rates without having the revenues to justify their meteoric rises.
Despite the opportunity to cash out at a 50% profit already - which I’d normally take in a heartbeat with any other investment - I think this is one to hold for a year or two at least. If they just get the first couple parts of their business plan rolling well, this stock could easily be in the dollars by the end of next year. And everything seems to be falling into place now for that to happen.
Go to that site and just read the first couple pages of posts, especially about the 7x pure verification system which can now start rolling because of the state distribution license. That alone could be a very good business, and it’s just a small part of the big picture.
quote:
If it dropped to .04 I might pick up another chunk
It was tough to pull the trigger today on 10K shares at .055 because my other 150K shares are at a .0405 average. But I had the money transferred to my account already and in the end I’m in this one for the BIG hit. That extra penny will be meaningless when this thing hits a buck or two.
This post was edited on 10/16/18 at 3:06 pm
Posted on 10/16/18 at 3:01 pm to Joben88
quote:
There is a lot of day to day bitching and moaning
yeah don’t pay any mind to mckinley1’s constant complaining on there. I’m pretty certain his goal is to try to drive the price down so he can keep adding. JDizzle is a constant sunshine pumper but brings excellent information. gcmbrokers is invaluable with research - he is really on top of all the permit stuff. Some great due dilligence available on that board.Posted on 10/16/18 at 5:19 pm to TigrrrDad
I've got a stop-loss order in at 10 on my ACBFF tomorrow in case the market tanks. I'm reading lots of opinions that say weed stocks will tank tomorrow.
Posted on 10/16/18 at 5:50 pm to arkiebrian
I had my limit order @10 for another 500 shares. I may lower it a bit more now.
ACBFF long baby.
ACBFF long baby.
Posted on 10/16/18 at 6:07 pm to papz
Looks like all the stocks we typically look at, Aurora, TLRY, CGC, IGC, Namaste and TRPX all took a loss today.
Posted on 10/16/18 at 7:20 pm to Suntiger
Yeah one of the guys on the board I linked has a matrix tracking dozens of weed stocks. Today he had 18 up, 2 no changes, and 51 down. Bad day for the sector.
Posted on 10/17/18 at 8:40 am to arkiebrian
Namaste is a dumpster fire. Hope my TD brethren got out while they could. I know some of you were in this one pretty heavily.
Posted on 10/17/18 at 8:43 am to arkiebrian
quote:
Namaste is a dumpster fire. Hope my TD brethren got out while they could. I know some of you were in this one pretty heavily.
I don't know what to think about it anymore. If it gets back to the 2.15-2.25 range I may sell and walk away. All 3 of the weed stocks I have are down so far today.
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