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-   -   Anyone investing in Marijuana stocks? (https://gfy.com/showthread.php?t=1134201)

HandballJim 02-22-2014 08:29 AM

Anyone investing in Marijuana stocks?
 
I noticed a bunch of Marijuana and Hemp related stocks rising the last 2 months, thinking about taking my profits from 2013 and buying some shares of each one.

CAHEK 02-22-2014 08:33 AM

Too much pump and dump going on :2 cents:

HugeWood 02-22-2014 09:34 AM

'Marijuana stocks' are penny stocks and in general, they're terrible investments. Trade them very, very carefully. Often the fundamentals of the companies are atrocious, but the marijuana hype can jack up the market cap of a steaming POS to outrageous valuations in short order, the "pump" phase. Jumping in at this point is extremely risky. Losing 50% or more of what you put in within minutes is very common. Get in before the pumps, and then dump on chumps.

Joshua G 02-22-2014 10:12 AM

if i were "investing" as opposed to speculating/trading, i would buy philip morris in anticipation they get into the marijuana biz. they have the money, experience with a regulated plant, & marketing power to be a big player in the industry. & they can certainly "spike" their product with more addictive things & make their product better than just organic grows.

just IMO.

fuzebox 02-22-2014 10:16 AM

Made 4x return on CBIS over the last year. Of course now wish I invested everything. Shoulda, coulda, woulda.

brassmonkey 02-22-2014 10:44 AM

Quote:

Originally Posted by fuzebox (Post 19992020)
Made 4x return on CBIS over the last year. Of course now wish I invested everything. Shoulda, coulda, woulda.

really? think im going with MDBX looks good

Zuzana Designs 02-22-2014 10:47 AM

Here is a site to follow some of them. http://marijuanastocks.com/content/l...rijuana-stocks

BareBacked 02-22-2014 11:04 AM

Quote:

Originally Posted by fuzebox (Post 19992020)
Made 4x return on CBIS over the last year. Of course now wish I invested everything. Shoulda, coulda, woulda.

wow awesome
Did you check PHOT?

teomaxxx 02-22-2014 12:51 PM

crazy ass valuations, pink sheet stock scams popping up every week....shoulda, woulda, coulda.... i wish i was riding this wave.

HerPimp 02-22-2014 01:59 PM

appreciate the investment info, will take a look

DBS.US 02-22-2014 02:22 PM

Quote:

Originally Posted by BareBacked (Post 19992063)
wow awesome
Did you check PHOT?

http://www.phototron.com/
http://www.businesswire.com/news/hom...ccomplishments

HandballJim 02-22-2014 03:30 PM

This my MMJ watch list, let me know if you found others stocks.

AEGY
ATTBF
AVTC
CANN
CANV
CBDS
CBIS
CTH.V
DEWM
EAPH
EDXC
ENDO
ENRT
ERBB
EXMT
FFFC
FITX
FSPM
GLCO
GRNH
GWPRF
HEMP
HSCC
ICBU
LATF
MCIG
MDBX
MJNA
MNTR
MWIP
NTRR
NVLX
PHOT
PLPL
PUGE
REFG
RFMK
RIGH
SKTO
STBV
TRTC
VAPE
VPER
ZDPY

On most of these I plan on purchasing 2,500 - 100,000k shares of each, worst scenario you lose your initial investment. Where only 2 months into the hype, this is just the beginning in my opinion.

I usually stay away from penny stocks, and more of a short term technical chart trader, but the high risk in these stocks...will give you monster rewards with patience. I don't plan on trading these stocks just accumulating more on dips.

Not sure if guys follow this one....but trading has been insane.

HugeWood 02-22-2014 05:44 PM

Add LVVV to your list.

HandballJim 02-22-2014 06:02 PM

Quote:

Originally Posted by HugeWood (Post 19992431)
Add LVVV to your list.

:thumbsup

ErectMedia 02-22-2014 06:05 PM

Percentage of GFY'ers buying Marijuana stocks= 0.03%

Percentage of GFY'ers buying Marijuana= 47.00%

izombie 02-23-2014 01:01 AM

I wouldn't consider it a serious investment and use money I might need one day, its pretty much playing the lottery. I'm working on a site promoting medical marijuana that I hope has good traffic in a few months.

HandballJim 02-23-2014 11:04 AM

Quote:

Originally Posted by izombie (Post 19992640)
I wouldn't consider it a serious investment and use money I might need one day, its pretty much playing the lottery. I'm working on a site promoting medical marijuana that I hope has good traffic in a few months.

I have a similiar project with a great domain, but looking into the legal matters first of promoting the subject, and since I am incorporated in NY where its not legal. My project is regarding funding, linking investors to the industry. I am looking into starting a company in Colorado to be completely legit, I am not looking for any lawsuits.

I am not a smoker, so I have a disadvantage of getting involved with a subject I know little about, so I have friends for consulting...

Spunky 02-23-2014 06:24 PM

I was going to buy them but then I got high


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