re: Let’s talk weed stocks in this thread

Crypto has a product too that will benefit mankind. Something like Bitcoin doesn't but others do.

My point is that the speculation in this thread with penny stocks is literally no different than Bitcoin or pharm com speculation. Just seems like people throwing money around hoping they are correct. I was genuinely interested to see if anyone had any info as to why they are buying what they are buying other than hopes and dreams.

I will leave it alone though because I don't want to hijack this thread.

Good luck to all

FWIW I plan to buy puts against TLRY for Jan/Feb. They are very overvalued and their post-IPO lockup expires in Jan.

Trump supports ending federal ban

I Hope you bought into KGKG.

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I Hope you bought into KGKG

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I did not...what a jump today!

I’m sticking with 3 weed stocks - IHTUF, MNNFF, & TGIFF. I have the most faith in the first two.

Doesn't cost anything...wouldn't hurt.

Shares of Aurora Cannabis Inc. ACB, +3.57% surged 3.3% in premarket trade Monday, after the Canada-based cannabis company reported Monday fiscal first-quarter net earnings that rose to $105.5 million from $3.6 million a year ago, and from $79.9 million in the previous quarter. Total revenue rose 260% from a year ago and 55% from the previous quarter to $29.7 million, while cannabis revenue jumped 236% from last year and 65% from last quarter to $24.6 million.

LINK

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APRU appears to be available on TDA, at least according to the TDA app on my phone

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When I tried a couple weeks back, it was there with a buy or sell button, but when I tried putting in a buy it wouldn’t allow it.

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I contacted TDA about APRU. I was told "TD Ameritrade has made a business decision not to open any new positions in APRU. This is due to the volatility of the stock and previous SEC filings. TDA cannot facilitate purchases of APRU at this time."

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The whole sector is down. I can't tell if this is the sell off of mid-term election hype and it'll bounce back at some point, or if this is a sell off of mid term election hype to get to the correct price.

Seems like a lot of selling to create a dip.

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Tillray and Canopy each had shite earnings the past few days.

Through those earnings reports there is doubt being cast on the whole sector because it is getting so competitive that the cost to operate is going up while margins are down.

How are you doing it?

Send a link. I took losses

It might be worth 0 by dec 4th lol.

I'm still sitting on a sizable position that's down 60% right now unrealized, but today I'm seriously considering selling everything cannabis related that isn't cgc and rolling like 75% of it into cgc. I still feel fine about my cgc that is only down 24%, I can see cgc coming back. NXTTF has a flawed longterm business plan to begin with, that was certainly a sell on Oct 15th stock.

If everyone would have just pulled the trigger and sold everything oct 15th like we all thought was probably the best day to make a move for awhile; we'd be destroying the market indexes right now; at least I would have been.