Lately I’ve been getting some questions from people regarding weed stocks. I also notice on the investing forums on Reddit and elsewhere weed stocks are all …
i own pot it has nothing to do with weed it is agriculture stock that specializes in fertilizer and has absolutely nothing to do with weed its potash mining corporation. weed stocks are terrible i agree. but trading symbol POT has nothing to do with weed its potash and nitrogen fertilizers.
Definitely agree… in this market there are plenty of high dividend, low p/e stocks that you can make money with (not buy a yacht in a week necessarily, but you'll be able to retire comfortably one day!).
In your opinion whats the best and cheapest program out there to invest in stocks through (like etrade etc), or if you could direct me to a vid if you have one on anything stock! it would be much appreciated. I want to expand my horizons but never even touched stocks. I do have a penny stocks guide from peter leeds but its all greek to me i need it dummed down (lol)
Glad I found your channel. Great insight on stocks. I also enjoyed watching your video about arbitrage.
I think there are some diamonds in the rough. The key is to look at companies selling real products. TRTC, CVSI and MJNA have real products for example. Are these companies in a great position right now? No. But neither was Monster Beverage back in the mid 90's which traded under 10 cents for 9 years before finally breaking $1 around 2004 (if I am not mistaken). Look at MNST now-$43 a share and they have never had reverse splits. I agree wholeheartedly there are bad players out there but there are also some ground floor opportunities as long as investors are not simply pinning the tail on the donkey when choosing these risky plays.
By the way CNBX (pharmaceutical company)- is an example of what you were talking about early on in your video. I bought about 36 thousand shares at 6 cents. I sold them at .24 cents for a nice profit but just my luck after I sold the pps shot up to a high of $1.75. Very low float stock. The company has research facilities in Israel where the laws on cannabis research are friendlier than in the U.S. Now its trading at .75 cent range. This might also be one to watch. Thanks again for the video!
Nice informative video +Rules For Rebels. Also, congrats on reaching the 30k subscribers mark!
This is an interesting topic as I live in Massachusetts and the state just legalized recreational weed in the most recent election. So this is relevant news.
I personally have a hard time investing in companies that "I don't believe in". When you invest in the stock market, and particularly in individual companies as opposed to an index fund (if you do invest in that), do you invest in companies that you stand behind in the form of using its product or service or you just look for opportunities purely on the earning potential?
CBIS is diluting the stock so badly it will never be a good investment. Plus marijuana will be commoditized very quickly, there is no competitive advantage to selling pot so no one company will have any stability.
Also if you trade penny stocks your own buying activity can drive the price up and your own selling can drive it down. Be very careful when making large transactions as the trade may execute at a much different price than you expected even if you use limit orders.
I agree with you on the Big tobacco jumping in. When that starts going down there may be swing trades or day trade opportunities on rumor for weed stocks.
The whole damn system is pump and dump nothing new under the sun I think using technicals and some fundamentals will keep your chances higher for making money
I agree with your advice on not investing into weed stocks, too high risk. I'm a huge pothead I can go through 10 – 15 blunts in a day but I'm from the bay area so its a regular thing around here. if anything invest into sourcing weed products, my very first private label product selling on Amazon is weed related. the weed market is low price point with high volume of sales. also u wanna sell on the beauty category and not in the tobacco related category
i own pot it has nothing to do with weed it is agriculture stock that specializes in fertilizer and has absolutely nothing to do with weed its potash mining corporation. weed stocks are terrible i agree. but trading symbol POT has nothing to do with weed its potash and nitrogen fertilizers.
I think there are some great opportunities to be had right now in the Canadian Marijuana sector!
Should i invest in marijuana stocks ?
CNBX is going to go up.
Definitely agree… in this market there are plenty of high dividend, low p/e stocks that you can make money with (not buy a yacht in a week necessarily, but you'll be able to retire comfortably one day!).
In your opinion whats the best and cheapest program out there to invest in stocks through (like etrade etc), or if you could direct me to a vid if you have one on anything stock! it would be much appreciated. I want to expand my horizons but never even touched stocks. I do have a penny stocks guide from peter leeds but its all greek to me i need it dummed down (lol)
G F Y
Glad I found your channel. Great insight on stocks. I also enjoyed watching your video about arbitrage.
I think there are some diamonds in the rough. The key is to look at companies selling real products. TRTC, CVSI and MJNA have real products for example. Are these companies in a great position right now? No. But neither was Monster Beverage back in the mid 90's which traded under 10 cents for 9 years before finally breaking $1 around 2004 (if I am not mistaken). Look at MNST now-$43 a share and they have never had reverse splits. I agree wholeheartedly there are bad players out there but there are also some ground floor opportunities as long as investors are not simply pinning the tail on the donkey when choosing these risky plays.
By the way CNBX (pharmaceutical company)- is an example of what you were talking about early on in your video. I bought about 36 thousand shares at 6 cents. I sold them at .24 cents for a nice profit but just my luck after I sold the pps shot up to a high of $1.75. Very low float stock. The company has research facilities in Israel where the laws on cannabis research are friendlier than in the U.S. Now its trading at .75 cent range. This might also be one to watch. Thanks again for the video!
weed stocks are crap. Thx for upload
Nice informative video +Rules For Rebels. Also, congrats on reaching the 30k subscribers mark!
This is an interesting topic as I live in Massachusetts and the state just legalized recreational weed in the most recent election. So this is relevant news.
I personally have a hard time investing in companies that "I don't believe in". When you invest in the stock market, and particularly in individual companies as opposed to an index fund (if you do invest in that), do you invest in companies that you stand behind in the form of using its product or service or you just look for opportunities purely on the earning potential?
CBIS is diluting the stock so badly it will never be a good investment. Plus marijuana will be commoditized very quickly, there is no competitive advantage to selling pot so no one company will have any stability.
Also if you trade penny stocks your own buying activity can drive the price up and your own selling can drive it down. Be very careful when making large transactions as the trade may execute at a much different price than you expected even if you use limit orders.
I agree with you on the Big tobacco jumping in. When that starts going down there may be swing trades or day trade opportunities on rumor for weed stocks.
The whole damn system is pump and dump nothing new under the sun I think using technicals and some fundamentals will keep your chances higher for making money
Eventually companies like Marlboro will sell Weed dirt cheap, that no one will even bother growing it. I guess I would buy some Marlboro stock.
ahahahaaa- weed's cool
Most of them are pump and dumps. Its mores speculation than an investment.
I agree with your advice on not investing into weed stocks, too high risk. I'm a huge pothead I can go through 10 – 15 blunts in a day but I'm from the bay area so its a regular thing around here. if anything invest into sourcing weed products, my very first private label product selling on Amazon is weed related. the weed market is low price point with high volume of sales. also u wanna sell on the beauty category and not in the tobacco related category
thx man ! make videos every day