re: Let’s talk weed stocks in this thread

Time will tell. And if I’m wrong I’ll still be here to take my lumps. But if I’m right, I’ll be here to gloat.

Naysayers should also recall that the advice from early on has been to flip a portion of your shares and ride freebies for lowest risk.

audentes Fortuna iuvat

Apparently CGC doesnt fk with GAAP Accounting either.
Also their shares dropping because they issued corrections for their earnings that were posted just before deadline.

This industry is a mess what? are they all smoking pot?

Eh, I dont think you can compare Aurora to the cgc, Tlry, cron, of the world

Pretty much everything I've read comments on how much of their business success is simply their investments in other cannabis companies.

I'm long on cron and cgc, you just cant compete with backing companies that can dump billions into them.

My portfolio is still pretty much the same as a month ago altho I flipped all my apha for cron a couple weeks back. Still love ogrmf, that's my best performing smaller stock since beginning of 2018.

Cgc
Cnpof
Ogrmf
Cron
Mo
Lvvv

I sold everything I had cannabis related last Wednesday and bought back everything over the last week. I was scared of cgc's earnings. It made me miss out on about 3% across the board, but coming from last October. Its alot easier to miss out on 1k gains than staring at 1k in the red so no regrets.

I'm not sure what to do with this lvvv, I have sell orders at .0185, other than that, I think ima hold until summer, if it ever gets to .032, I'm out. I've shrunk the position on the last couple of months from about 175k shares to now just a tad over 50k

Its back over .02 today so I’m surprised it hasn’t sold for y’all

Yeah, I was traveling yesterday so I wasn't watching too closely but I saw it bouncing around .019 all day; surprised it didn't go through.

Quail, I'm talking about a sell on price at .0185, not a limit sale. Just have it in to protect myself from giant losses is the idea anyway. Problem is the stock is so low on volume that you probably couldn't get off that train ride to hell.

I just shrunk LVVV position to a little over $1k over the last 2 months like I said. I just did the math, if it starts launching up to .25 or .5 or higher and you buyin at .075 say instead of .03. The difference of gains is not worth the risk and freezing those funds imo.

New tweet pulling us back up out of the teens....

quote:

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@livewireLVVV · 3h The QB waiting game is not getting in the way of business. GHC Distro is getting busy moving some winterized crude to manufacturers for distillate production, picking up some great brands, and negotiating some white-label projects

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Pump, pump, pump it up

quote:

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You should pump and dump it then.

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Not my bag.... but I have said several times it is a compelling play as a pump and dump.

It is those pushing fundamentals and the business that are hilarious.

Take the of three acquisitions last year.

1) Alpha Creation
2) Sacred Biology
3) Mojave Jane

First I am being generous calling it three since 1 and 2 were basically with the same as they are run by the same soccer mom whose real job is to work as an event planner. LMAO. But moving on from that.....

What did LVVV pay in cash or stock for each of these investments?

What was/is the % of their ownership in them?

Why was no asset ever put on the books for any of these?

They say they have an option to buy 100% of each, what are the terms of the those options?

Mojave Jane ultimately was sold to High Hampton. How much did we get for our ownership?

How much did High Hampton pay for the portion we didn't own (not that we know what we own) and how did that compare to our option price?


These acquisitions happened several quarters ago. How on earth, if this is a real legit company, could the answers to those questions not be readily apparent? It is the oldest trick in the book.

IGC - from their last K....

quote:

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"In the fiscal year 2018 the Company announced plans to build meaningful solutions to address issues facing the cannabis industry using distributed ledgers inherent in blockchain technology."

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Hmmm that sounds familiar.

It is the beauty of the pump and dumps - whether it was mining in the old days, Chinese reverse mergers in the late 2000's, marijuana companies or blockchain (or some double dip)… guys who have been complete failures but have a public shell, snap their fingers and rebrand - hire some industry flunkies for cover and start a new company in their debt laden shell... and the lemmings come running! It is amazing to watch... over and over and over again.