Pot Stocks

[CzechCzar]

why is there such a boom in cooking equipment??

[Premium Parrots]

Cooking equipment? What kind or for cooking what?


Below is a list of just the pot stocks I have now. The pot market as a whole has gone down the last month or so. It seems to be leveling out now. So yea I lost a few dollars but not much. That's expected because of the politics involved lately. Most all stocks usually don't do much during the summer months but I think the pot stocks will go up slowly. The closer the date that it is officially legal for rec use in Canada the higher these stocks will go. ATM a lot of people don't realize that it will be legalized....officially in effect 7-1-18. Most all of the companies I've invested into are actually doing something and are already merging and buying up other smaller companies. These seem to be a good bet. One of the companies I first invested into I found out the president had already been fined several times for some crooked dealings on the exchange lol. But that stock is doing well. Its cheap and I have 1000's of shares but only a couple of hundred dollars invested. I don't care what it does but it would be funny if he succeeds.

ABBV
ACBFF
AGTK
APHQF
CANL
CBIS
CVSI
LXRP
MJNA
PLPL
PRMCF
RMHB
TWJMF
UBQU

Here are a few I am interested in. I'll be getting some dividends in a few days and I'll be considering investing in 1 or 2 of these...as long as they keep going sideways.

CARA MSRT INSY KSHB

INSY is doing well but I'm a bit leary of them. I can't remember why atm but I read something about them a while back that wasn't good. I think their stock is doing good because their name seems to come up often and the more someone sees it the more legit that company may seem to be. I think they are up because of the hype....investors see it go up and buy, it keeps going up and others invest, then repeat the process.

If you do some research on my positions you should see that these companies are positioned to do well. In vest at your own risk, and never invest more that you can comfortably afford to lose.

[Snusdog]

Sweet......thanks PP

[Premium Parrots]

This is a very important update, probably unlike no other that I'll come across. This is big news.......

That one stock I bought ACBFF Aurora Cannibis is a stock to hit as the market opens on Tuesday. They have been aquireing other companies and their aim is to be the top producer in the world. Its amazing what they have been doing. I'm so dam lucky I have a bunch of shares already. It was under $2 when I bought it. They stopped trading for a few days and no one knew what was going on. They had recently bought out another company and I just found out that they bought out another company [during the hold period] that was the biggest producer in Germany and they supplied a lot of Europe. They bought out that most recent company while there was a hold on their stocks. Apparently they wanted everybody to have an equal chance to buy in...on Tuesday morning. You can bet I'll be awake and ready to buy more Aurora stock right away in the morning. No one has any idea what the price will be when it opens again. Some people think it will be $4 [double] while others say it could be like $15 per share. As the day goes on it will go up a lot. If you miss the open price you will have to wait till the price comes back to reality to get in on this one. However, its not likely to go down much as Aurora has big plans and is currently constructing the largest facilities in the world @ 800,000 square feet. They put it very close to the Edmonton Canada airport. I guess they don't want truckloads of pot hijacked. They already have at least 2 other facilities plus the facilities they are buying up. They had $665,000,000.00 to work with when buying out the other outfits. ATM they still have like $160,000,000.00 in cash on hand. They also hold large postions in some of the other pot companies that are doing well. They are in a great position.

I've been told that pot stocks are going to go nuts in june. That's supposed to be the actual beginning of the pot revolution....so don't expect the prices to go down much after that.

Be ready Tuesday morning.....the pot industry is anxiously waiting to see what the opening price will be. Keep in mind that it closed @ $1.86 last wed and then they put a hold on that stock that lasted till the very end of trading last friday. It will more than likely open above $5 a share. No one knows.

This info is from my research and, of course, I could be wrong but I'm going to bet big that I am not. Use your own judgement as the stock market can be risky.
Good luck to those that have a chance to act on this one.

[Premium Parrots]

Well its Tuesday and the market has been open for 2 hours and ACBFF has already done its 10 day average volume and the price is still under $1.90 atm. I got mine under that right when the market opened. It was nice of them to not boost the opening price, which was highly expected from the info I received.

While watching the ticker on my stocks [which I don't do often] I notice that someone bought a whopping 1 share of ABBV @ about $66 and someone bought 5 shares of ACBFF under $2 each. Who the hell buys so little when the trading fees are like $5 and up. My minimum buy for any stock is usually like 500 shares. That just doesn't make sense to me. Also, of course some people are selling ACBFF....again people not doing proper research. It may not jump today, but it will when the news gets out.

Anyway, we'll see what happens today and in the near future. That will tell me who is paying attention to what ACBFF has in the works. I suppose it needs a couple of weeks for the word to get around. Hell I was ready to pay $5 or more for that stock. What a surprise! I guess a lot of people are at work and have difficulty actually buying.

[Snusdog]

I think this whole thing will be fascinating to watch....kind of an economic monitor of the growing social change in attitude

[Premium Parrots]

Yea SD that's the fun part....well that and watching the price of your stocks go up. Lately they have been going sideways tho. But its just a matter of time before things really take off. Today is supposed to be a bad day for pot stocks as a whole. Today ACBFF is holding its own tho. I would have thought it would have jumped right away this morning...if everyone did their research. Originally I didn't buy too much of this stock but today I did and now I feel I have enough. There are other pot stocks that I have and most of these companies are actually doing something. I'm quite sure several of them will do good as soon as things kick in....or sooner. The stock market is sometimes a waiting game as well as a game of chance. All you can do is position yourself and hope for the best. Never invest more than you can afford to lose. Luckily I haven't invested to that point yet.

[Snusdog]

I would think these will only go up as government policies soften. To get in early may be a really good investment in the long run

[Premium Parrots]

Which government? As of July 1 2018 rec use is legal in Canada, but there is talk of the gov making it earlier if they can expedite the tax issues. I don't think this is early at all....actually a bit late imo. You have to be into this for the long run. There isn't no shorts in this sector....yet.

I don't how long the us government takes to come around to legalizing rec pot. I'm investing mostly in Canada because they want to supply the freakin world and canada is setting itself up for that....in both medical and rec use production. Sounds like a decent plan to me...so I'm running with it.

[Premium Parrots]

Here is an update.........That stock ACBFF was under $2 a share when I bought it. Now its $10.61 a share. Just about all the pot stocks I bought did the same thing. Last monday I invested an equal amount to my original investment....and already I got all that $ back. This is just the beginning........

[chainsnuser]

Good luck with that, PP! I've never tried the stuff, it's not freely available anywhere here, and I've never been really interested. The few people I know, who are using pot, are friendly guys, but - more or less - a little gaga also.
Well, I'm posting that with a portion of Odens Extreme under the lip, 5 bottles of beer and a glass of wine in the stomach. Everything that puts an end to the rampant, brain- and soulless, inhuman puritanism that has gotten hold of the world lately, is good in my book.

Cheers!

[Burnsey]

Here is an update.........That stock ACBFF was under $2 a share when I bought it. Now its $10.61 a share. Just about all the pot stocks I bought did the same thing. Last monday I invested an equal amount to my original investment....and already I got all that $ back. This is just the beginning........

Midas touch PP, congrats!

FWIW, the herb became legal here 01/01/17. My wife started using an edible form for her chronic headaches and it is working so much better than all of the prescription meds she has been using! She is considering taking a pass on her next series of Botox injections as well. An interesting side affect is that she laughs at all of my jokes now.