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Weed stocks? Yeah, weed stocks! - Page 19 - Beyond.ca - Car Forums
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Thread: Weed stocks? Yeah, weed stocks!

  1. #361
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    Yep. bubble has popped.

  2. #362
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    Had to pick up 2k APHA shares. The sharp drop and vol was too tempting.
    Hopefully they hit earnings coming up.

  3. #363
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    Quote Originally Posted by O&G View Post
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    I will either lose hard or make a bunch - $40k position built into RMMI at just below $1.
    Ouch. Dropped 52% today!

  4. #364
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    Quote Originally Posted by Buster View Post
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    I know quite a few people who have dumped big $$$ into cannabis development. I'm at least somewhat connected with a lot of the big players in the segment.

    I'm not touching any of it with a ten foot pole.

    I think the market and the profit will be far less than people are predicting.
    ahem

  5. #365
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    Quote Originally Posted by mr2mike View Post
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    Had to pick up 2k APHA shares. The sharp drop and vol was too tempting.
    Hopefully they hit earnings coming up.
    I'm playing earnings as well. The 15% down today seems so unwarranted though. Market has spoken.

  6. #366
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    I wouldn't consider buying until after earning when they all underperform and drop another 30%
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  7. #367
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    Quote Originally Posted by ExtraSlow View Post
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    I wouldn't consider buying until after earning when they all underperform and drop another 30%
    If they all underperform and drop another 30%, I wouldn't even touch them at all. Unless you're daytrading, kind of a fallacy to think it will come back up if it drops down enough.

  8. #368
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    https://www.google.com/amp/s/busines...-investors/amp

    The comment about market cap exceeding groceries market cap before legalization tells it all in a dot.com recap kind of way.
    What a mess!

  9. #369
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    Oh nice. Down nearly 10% in US market today. Fun stuff tomorrow...

  10. #370
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    Good financials, 2nd one in a row! Up 20% so far, Might be lots of profit taking as well this morning.

    Edit: Yup, opened at 13% and profit taking galore, lol.
    Last edited by Disoblige; 10-15-2019 at 07:33 AM.

  11. #371
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    APHA should roll again on Monday.
    New facility approved by health Canada. My guess is not a high as a few years ago when things were getting approved.

  12. #372
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    Quote Originally Posted by mr2mike View Post
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    APHA should roll again on Monday.
    New facility approved by health Canada. My guess is not a high as a few years ago when things were getting approved.
    Diamond woot.
    I think short term it will be a quick gain and then profit taking but overall it is a forward step before their extraction center is approved too.

  13. #373
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    I fell into a burnin' ring of fire
    I went down, down, down
    And the flames went higher
    And it burns, burns, burns
    The ring of fire, the ring of fire...

  14. #374
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    Yup. Avg. CPS @ $15.68. Ouch.

  15. #375
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    Aphria. Highly manipulated.
    Whole sector is being manipulated.

  16. #376
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    I have never invested in weed stocks but the prices seem to be much more reasonable after the recent decline. There seems to be a slight rally today due to the potential decriminalization of weed in the states. Perhaps this is the time to finally invest in this sector... it is tempting for sure.

  17. #377
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    Past few days have been quite interesting. Lots of names in the sector going up 40-50%.
    With the US House passing the MORE Act and the whole ACB debentures conversion expiry, as well as news outlets pumping the sector up, it's reminding me of the past couple years of run-ups.
    Could this be the start of a reversal trend? Hard to say, but fun to watch while your account swings +/-$30-40k lol.

  18. #378
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    Ha I’m just hoping to get back to par on the one left I am HODLing so I can GTFO

  19. #379
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    It's funny to see this climb huge and yet still be a bagholder haha (myself included). Just shows how bad this year has been for these stocks.
    Things look a lot better compared to last week at least.

  20. #380
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    Quote Originally Posted by Disoblige View Post
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    It's funny to see this climb huge and yet still be a bagholder haha (myself included). Just shows how bad this year has been for these stocks.
    Things look a lot better compared to last week at least.
    HMMJ at $15.68 CPS. lol. I feel you bro.

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