The stock market thread.
- Thread starter Thucydides
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montreal
Go Habs Go
- Mar 21, 2002
- 59,541
- 46,441
bios continue their up and down ride, still think there is huge upside longterm in this sector. The short term for the market is very troubling with the Fed, the elections, China and the rest of the world's slow down. Plus if oil were to drop it would likely cause a lot of red in the market. But if you can wait it out, there could be some very cheap stocks especially in the bio tech sector that should have a lot of upside down the road.
Sounds like the .com logic back in the late 90s. Fact is, each company is a separate entity and should be treated as such. Just throwing cash a "green" stocks is like playing the lottery. Good luck.
Pharrell Williams
watch me whip and nae nae
BUY HIGH SELL LOW HIGH RISK STOCKS BLUE CHIPS bargain bonds WWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWWEEEEEEEAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAa
montreal
Go Habs Go
- Mar 21, 2002
- 59,541
- 46,441
still trying to figure out where bios are headed before the election. Took some nice profits in ARRY, debating on taking them in GWPH or not. KITE doing well but going to hold on to that one. Still pissed I didn't get more for RLYP. Not sure why ACHN hasn't broken out yet.
In the non bio, TASR should be a big payday at some point. Thinking about adding to my MGT position as cyber security should be good in the long run and MacAfee knows how to do it but have been getting burnt on Fireye. SODA has been good to me but pissed i didn't go with my gut and by Twitter at 14 and Gopro at 10. Thinking about UA but holding off since SKX is getting beat up, have a lot but might have to add at such cheap prices.
In the non bio, TASR should be a big payday at some point. Thinking about adding to my MGT position as cyber security should be good in the long run and MacAfee knows how to do it but have been getting burnt on Fireye. SODA has been good to me but pissed i didn't go with my gut and by Twitter at 14 and Gopro at 10. Thinking about UA but holding off since SKX is getting beat up, have a lot but might have to add at such cheap prices.
Bubba Thudd
is getting banned
Just bought a couple thousand shares in N.CC (Namaste) http://web.tmxmoney.com/quote.php?qm_symbol=N:CC
Seems to be some crazy speculation here that it is being unvalued and will see some massive growth over the next week.
Might be worth a look for others.
Seems to be some crazy speculation here that it is being unvalued and will see some massive growth over the next week.
Might be worth a look for others.
Hansen
tyler motte simp
Give me the thumbs up and I'll dump 50k into this right now dont **** with me
I already sold enough of my shares to get out what i invested in it but its still going up. At .25 today.
What do you guys think of Canopy Growth corp?
I don't trade but I'm seriously considering making an investment.
I don't trade but I'm seriously considering making an investment.
Put some money in when the shares were $2.30 and sold enough to get my original investment back at around $3.40. Still have the remaining shares in there at north of $5.00.
Also had some very good luck with OGI as well. Doubled and sold half my shares again to get my original investment back and build up my portfolio.
Had a stock tip from a guy that so far has been phenomenal for my friends and me. Called SUN Marijuana. Bought it at 0.19 and its already up to 0.23. We will see where it goes but I am not sure how long I will hold it yet. Depends on how the market goes tomorrow.
Hansen
tyler motte simp
Gave you the thumbs up... Could have made 50k off it
Dont **** with me
Watch out for Wildflower Marijuana (SUN) tomorrow. Bought at .19c a share, currently at .29c a share. Had a bullish close and it was hard to fill shares today. Wouldn't be surprised to see a bit of a jump again tomorrow.
Thucydides
Registered User
- Dec 24, 2009
- 8,177
- 860
weed stocks are super risky. A lot of these are going to end up at zero at some point - look at weed stocks in the states and what happened to them. The trick is not to be too greedy and know when to get out.
Pharrell Williams
watch me whip and nae nae
montreal
Go Habs Go
- Mar 21, 2002
- 59,541
- 46,441
I think weed stocks are a good way to go if you can absorb the risk. Have done well with GWPH and CARA, also own INSY but that hasn't done anything. Next month should see several states in the US vote to make weed legal, would think 2 or 3 perhaps which should give the sector a boost. Made a few bucks in TRTC, got killed in RFMK as they still don't have their vaporizer to market should it might just be a scam. New management and now they are getting into the hemp market. Did well with MJNA and GRPH in the past but got lucky that I sold when I did.
Hansen
tyler motte simp
i invest in buying water from people
you think about supply and demand and water is the most demanded resource (we need it to live :laughoutloud
and it is the least renewable so realistically one day my children will inherit a great wealth from me before i die
you think about supply and demand and water is the most demanded resource (we need it to live :laughoutloud
and it is the least renewable so realistically one day my children will inherit a great wealth from me before i die
I think its a bubble that will pop eventually myself... but thats down the road when it becomes legal in Canada. It is all speculation (which admittedly is what the stock market is) and all these companies getting licenses are not going to be successful nor will licenses be as valuable as more companies get them.
Right now you can ride the wave with some small/medium sized companies as they work their way up to licenses and then flip for some ridiculous returns but I don't think this is sustainable for much longer.
I have been reducing my risk by going in at max 30% of my holding in one company but currently hold stocks in more than 10 companies averaging about 10% in each with some cash left to invest.
My friends and I are only 20 but we have seen some very good returns. Doubled my portfolio size since I started from profits. I feel like my risk/reward is at a fair ratio. My one friend who is investing with us has put ALL of his money in 2 companies twice now and has hit on all of them. I can't explain how many times I have suggested against that because it is such a stupid move but I think he knows that now.
Anyways, I am going to guess that the group of 5 have made north of 12k in the last week. Impressive to say the least. I just hope 1 or 2 of them understand that it isn't sustainable long term and some safer moves are going to have to be made to reduce risk.
Cody Webster
Registered User
- Jul 18, 2014
- 26,963
- 25,720
Ozz
Registered User
I'm up 70% or so on KTOV and 100%+ on KTOVW (stock warrants) for the year, and there should be lots of room to go on these still. I'd recommend taking a look. The warrants I believe are good through 2020, though I'll be selling them rather than converting. My money is already being made here.
Today I bought THC, CYX and PE.
THC was tipped to me on Thursday by one of my friends when it was @ 1.02 but I told them I wasn't going to have enough time to really research it and passed on it then. Friday night they announced a license and it opened at 1.30, I bought at 1.27, it closed at 1.35.
CYX I saw had some good numbers in terms of volume and news released today. Bought @ .105 and it closed @ .12, hitting .13 before close too. Hoping to get a decent open tomorrow of it.
PE was also recommended to me a while back when it was closer to .70/.80 a share but I held off. Bought in at .65 today and it closed just up a bit. Likely going for something quick here as well.
Good day today. My biggest hope is CYX has a solid day tomorrow.
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