Weed stocks? Yeah, weed stocks!

[prae]

I missed the $5-6 entry but got in at what I agree was a crazy good valuation. A little shook by the Vic news today, and like was said, was a little confused by the reaction in the market this AM.

CBC's reporting on this in their Radio 1 AM segment was laughably bad though, they reported that the stock had "tumbled" this morning.

[spike98]

This quote is hidden because you are ignoring this member. Show Quote

I missed the $5-6 entry but got in at what I agree was a crazy good valuation. A little shook by the Vic news today, and like was said, was a little confused by the reaction in the market this AM.

CBC's reporting on this in their Radio 1 AM segment was laughably bad though, they reported that the stock had "tumbled" this morning.

Many of the market news outlets were reporting mixed pre-market sentiments. I was readying "Down 2.5% on news of CEO stepping down" on one page, then "Up 2.5% on beating last quarter earnings by 62%"

My account was showing a 2% growth and started to climb at market open.

[phreezee]

Took profits today. Just wish I had more cash/balls in Dec.

[S-FLY]

This quote is hidden because you are ignoring this member. Show Quote

SUGR is probably a better bet right now.

Looks like they have some money behind them but they were still constructing their facility at the end of October. VP's facility is finished and they already submitted their evidence package for confirmation of readiness. I looked at the SugarBud website but at a quick glance I couldn't see if they submitted their package yet.

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

Took profits today. Just wish I had more cash/balls in Dec.

Congrats.
I'm looking to enter again possibly this late afternoon if we see some profit taking.

[BavarianBeast]

Wow Aphria missed earnings by more than 50%. In and out, quick 4 points.

[mr2mike]

This quote is hidden because you are ignoring this member. Show Quote

Looks like they have some money behind them but they were still constructing their facility at the end of October. VP's facility is finished and they already submitted their evidence package for confirmation of readiness. I looked at the SugarBud website but at a quick glance I couldn't see if they submitted their package yet.

They were late to the game. A PowerPoint presentation shows cultivation license expected Q1. They have a master grower named so unless gov't requires a completed building, my guess is they submitted.

https://www.canada.ca/en/health-cana...y/guide.html#6

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

Looks like they have some money behind them but they were still constructing their facility at the end of October. VP's facility is finished and they already submitted their evidence package for confirmation of readiness. I looked at the SugarBud website but at a quick glance I couldn't see if they submitted their package yet.

This quote is hidden because you are ignoring this member. Show Quote

They were late to the game. A PowerPoint presentation shows cultivation license expected Q1. They have a master grower named so unless gov't requires a completed building, my guess is they submitted.

How did you guys find out about SUGR?
Looks like they started trading under this ticker near the end of Oct, but was previously a small O&G company.
I get they're going for the ultra premium market, but really a huge crap shoot until they can get their license.
As devil's advocate, so what if they complete their building? Just sit around until they get their license? lol.

[mr2mike]

When you're looking to notice offset land owners for an AER application and one's going to sugarbud... You're going to start digging. Haha.

I think they then will have to purchase a license through strategic partnerships, etc.

[Disoblige]

I wanted to get in APHA today but missed the boat on the 8.29 entry.
Had a small run at the end of the day I believe in anticipation for next week's potential GGB new offer and possible rebuttal.

[msommers]

Hopefully you got in with APHA early this morning... >+9%

[spike98]

This quote is hidden because you are ignoring this member. Show Quote

Hopefully you got in with APHA early this morning... >+9%

I ducked out a $9.25 last week to take profit then put in a buy order friday for $8.70. It triggered shortly after open and before the run up.

[Disoblige]

I still have no position in APHA as I missed the boat on entry on the 12% gain Monday.
But looking at the GGB offer, it's a shit offer. Still offering 1.57 shares per 1 APHA share.

So I expect the share price to drop tomorrow. My target entry is low 8s or high 7s again. Not chasing this.

[Disoblige]

Wonder what the hubbub is with APHA. I'm wondering if it's because of certain catalysts coming up or if there is some insider info on something.

Was 9s just a couple days ago and I had a week long order waiting for 8.99 lol.

[A790]

Yay HMMJay!

[max_boost]

All that averaging down on HMMJ has paid off lol

[msommers]

This quote is hidden because you are ignoring this member. Show Quote

Wonder what the hubbub is with APHA. I'm wondering if it's because of certain catalysts coming up or if there is some insider info on something.

Was 9s just a couple days ago and I had a week long order waiting for 8.99 lol.

Holy fuck, +15% today. Wish I didn't sell those lol

[R-Audi]

Big jump with Supreme (FIRE) at the end of the day with news that they will be trading on the Toronto Stock Exchange. Have to decide whether to keep holding on or sell when its up right now..

[Disoblige]

This quote is hidden because you are ignoring this member. Show Quote

Big jump with Supreme (FIRE) at the end of the day with news that they will be trading on the Toronto Stock Exchange. Have to decide whether to keep holding on or sell when its up right now..

Sell the news, buy back in lower later.
That's just my opinion depending on your risk tolerance.

This quote is hidden because you are ignoring this member. Show Quote

Holy fuck, +15% today. Wish I didn't sell those lol

Haha, it's a bit annoying sometimes when results are better not doing anything vs. more trades. But it is what it is. Wish I held my huge position from the 7s until now.

I hope there is no news tomorrow and I can get in somewhere in the 10s on consolidation. It's nice to see the strength before entering.
I remember back in August last year where I entered a position in the 12s and selling multiple times on the ride to 21s.
We're back full circle now, I hope we see a small run up based on some new takeover offers.

[mr2mike]

Strong performance today across the sector.