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re: Let’s talk weed stocks in this thread

Posted on 3/13/19 at 10:39 am to
Posted by quail man
New York, NY
Member since May 2010
40925 posts
Posted on 3/13/19 at 10:39 am to
Still pretty sure TigrDad is one of the 5
Posted by el Gaucho
He/They
Member since Dec 2010
52964 posts
Posted on 3/13/19 at 11:38 am to
I still have nxxtf
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15165 posts
Posted on 3/13/19 at 11:52 am to
quote:

I still have nxxtf


How do you feel with the current state? Glad they dropped Sean (although he's still in an "advisory" role); like all the acquisitions and potential. No telling if it will ever get back to $3 though.
Posted by el Gaucho
He/They
Member since Dec 2010
52964 posts
Posted on 3/13/19 at 1:01 pm to
Idk I just lose money I kinda don’t care anymore
Posted by ScaryClown
Member since Nov 2016
5847 posts
Posted on 3/13/19 at 2:37 pm to
Its literally hit rock bottom. Price already has all the executive resignations and audit issues factored in... and the fact that 8% of the revenue in Brazil is probably going to be lost. Great buy right now.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 3/13/19 at 10:21 pm to
Wish I would have grabbed some of ABC already.

Saw this article on GBLX and the commissioner of the LDAF is holding them up for apparently no reason. They recently expanded but an inspector came by and told them to stop despite being fully approved. What the hell?

GB Sciences Supports the Position of LSU AgCenter: Allegations Made by Commissioner Are Untrue
Posted by TigrrrDad
Member since Oct 2016
7114 posts
Posted on 3/14/19 at 12:02 am to
quote:

. I think we are a long way away from seeing even .03 again.


How long is “long”? A month or two?

LVVV ran to .0375 a few times in January (not at close, but during multiple trading days), including when they announced the state cultivation license. There are bigger things in our near future than the events that drove us up in January. Several things are on the horizon...the uplist should still happen, first quarter income should soon be reported, photos/videos pf progress on Paso Robles will continue to be released, and the Paso Robles location’s state license will come before too long ( as may the Riverside location’s). There are plenty things to drive us up on the horizon. No worries here.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36761 posts
Posted on 3/14/19 at 6:49 am to
quote:

Price already has all the executive resignations and audit issues factored in... and the fact that 8% of the revenue in Brazil is probably going to be lost. Great buy right now.

sounds like a great company really going places. what is the upside?
Posted by Pendulum
Member since Jan 2009
7046 posts
Posted on 3/14/19 at 7:34 am to
I remember nxttf's whole value last year was that their online platform was more ready than anyone elses, even though it wasnt the best, they were simply going to be first to market after legalization...soooo I'm not sure where they are going now? I got out at 1.11 and ate 3k in losses last year. Worst trade of my life maybe lol
Posted by BitBuster
Lafayette
Member since Dec 2017
1439 posts
Posted on 3/14/19 at 8:22 am to
If it hits .0375 again I'm out. They will never be a major player. LVVV set it up so that the grow-op side could be sold off. They don't have a national or global focus. They can barely get past city. I'd be all in if this was a start up, but these guys are small potatoes and always will be.
Posted by rowbear1922
Lake Chuck, LA
Member since Oct 2008
15165 posts
Posted on 3/14/19 at 4:50 pm to
quote:

Whats the upside?


Only online licensed distributor with a majority stake in a 1 hr weed delivery service
This post was edited on 3/14/19 at 5:51 pm
Posted by lynxcat
Member since Jan 2008
24139 posts
Posted on 3/14/19 at 5:57 pm to
quote:

Anyone else still in NXTTF? IDK if I did a smart move but just over doubled my shares with it and lowered my avg. price by a $1



I still have my initial buy...I'm not investing anything else in it. I refuse to put anymore capital at risk in it to lower an average share price.

I won't sell it though...at most it can go down another $300 or so for me which I'be already accepted. I prefer the upside of still owning shares in case something in the narrative turns around.
Posted by High C
viewing the fall....
Member since Nov 2012
53769 posts
Posted on 3/14/19 at 7:56 pm to
quote:

it hits .0375 again


I will join you while fapping my brains out.
Posted by TigrrrDad
Member since Oct 2016
7114 posts
Posted on 3/14/19 at 9:44 pm to
Ye of little faith.
Posted by High C
viewing the fall....
Member since Nov 2012
53769 posts
Posted on 3/15/19 at 9:12 am to
quote:

Ye of little faith


.0375 would get me out with a 60% return. Nothing wrong with that.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 3/15/19 at 12:39 pm to
Man ACB is having a hell of a week
Posted by quail man
New York, NY
Member since May 2010
40925 posts
Posted on 3/15/19 at 12:51 pm to
Guy who bought in at $5 has nearly doubled his input. I’m happy I got in at $8
Posted by BitBuster
Lafayette
Member since Dec 2017
1439 posts
Posted on 3/15/19 at 12:59 pm to
ACB... Yeah.. so glad I closed out on Monday after reading an article how shares were becoming too diluted and that a fair price is $5.. My timing is comical. People that write articles on stocks are full of shite.
Posted by Cwar11
Shreveport
Member since Jan 2010
2291 posts
Posted on 3/15/19 at 2:26 pm to
I got in at $4.97 but only put $500 into it at the time. Now I wish I would have put $5000 into it.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36761 posts
Posted on 3/15/19 at 2:45 pm to
I dont think we know who the good or bad companies are yet. we know acb has lowest cost per kg. that's a good sign as they should scale well but probably shouldn't acquire more just grow through influx of money.

cgc has money and should just buy and build as much as possible.

tilray makes the best acquisitions. they should grow through this strategy as its ehat they're good at.

I expect all 3 to fall by wayside or be purchased by us companies when legal here though as Canadian market is tiny
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