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Thread: Weed stocks? Yeah, weed stocks!

  1. #201
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    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.

  2. #202
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    Quote Originally Posted by prae View Post
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    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.

  3. #203
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    Took profits today. Just wish I had more cash/balls in Dec.

  4. #204
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    Quote Originally Posted by mr2mike View Post
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    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.

  5. #205
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    Quote Originally Posted by phreezee View Post
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    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.

  6. #206
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    Wow Aphria missed earnings by more than 50%. In and out, quick 4 points.
    Last edited by BavarianBeast; 01-11-2019 at 01:01 PM.

  7. #207
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    Quote Originally Posted by S-FLY View Post
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    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

  8. #208
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    Quote Originally Posted by S-FLY View Post
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    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.
    Quote Originally Posted by mr2mike View Post
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    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.
    Last edited by Disoblige; 01-16-2019 at 10:47 AM.

  9. #209
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    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.

  10. #210
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    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.

  11. #211
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    Hopefully you got in with APHA early this morning... >+9%
    Last edited by msommers; Yesterday at 11:32 AM.
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  12. #212
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    Quote Originally Posted by msommers View Post
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    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.

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