Marijuana (Cannabus) Collection

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • Lucavia123
    Senior Member
    • Oct 2011
    • 534

    Marijuana (Cannabus) Collection

    The future of this market is definitely on the upswing and if/when more states allow recreational use this industry could be as big as tobacco or alcohol business. With that in mind it only makes sense we discuss this future industry and the stocks that reside within it. There is money to be made and with most of these stock in their infancy one could definitely be the next buy, hold, and get rich stock to own.

    Some of my fav. stocks in this industy:

    TRTC - simply read Phoenix's thread to learn alot about this company. It looks extremely promising and I own this baby.
    Phot - a little confusing to understand its business model but still shows potential.
    HEMP - Chart looks decent. I still need to do more research before understanding how it plays a role in the new industry.

    Please post your own ideas and stocks so we can all understand and make money from this.
  • Lucavia123
    Senior Member
    • Oct 2011
    • 534

    #2
    Bought PHOT today with this dip down to .30. Nice support level. Highly speculative but... not risk no reward. And be sure to keep a tight stop.

    Comment

    • Louetta
      Senior Member
      • Oct 2003
      • 2331

      #3
      Originally posted by Lucavia123 View Post
      Bought PHOT today with this dip down to .30. Nice support level. Highly speculative but... not risk no reward. And be sure to keep a tight stop.
      Be sure NOT to keep a tight stop, if you mean having an order in place. Today PHOT started at .3425 and traded down to .3015 by 10:35AM, a 12% drop. It then recovered 8% to .3270 15 minutes later at 10:50AM.

      Comment

      • Lucavia123
        Senior Member
        • Oct 2011
        • 534

        #4
        TRTC making big move up today with volume.

        PHOT is having a huge day as well. It is running into resistance around .40. If it can break through that wall we could see much higher prices.

        Comment

        • spacecowboy
          Junior Member
          • Mar 2014
          • 3

          #5
          might want to watch cann and vape.

          Comment

          • Lucavia123
            Senior Member
            • Oct 2011
            • 534

            #6
            Bought HEMP today at .1109. This stock is not following the other in the sector. Has support level at .10 so I am simply hoping for a bounce up from this point.

            Comment

            • Lucavia123
              Senior Member
              • Oct 2011
              • 534

              #7
              Originally posted by Lucavia123 View Post
              TRTC making big move up today with volume.

              PHOT is having a huge day as well. It is running into resistance around .40. If it can break through that wall we could see much higher prices.
              PHOT did not hold above .40 today so no buy yet. But... it was sooo close. I'm watching this one.

              Comment

              • Louetta
                Senior Member
                • Oct 2003
                • 2331

                #8


                Contains info and a link to some HEMP financials.

                Comment

                • Lucavia123
                  Senior Member
                  • Oct 2011
                  • 534

                  #9
                  Originally posted by Louetta View Post
                  http://seekingalpha.com/article/1999...e?source=yahoo

                  Contains info and a link to some HEMP financials.
                  I'm not disputing HEMP financials are complete and utter crap and I have no doubt the company will under perform. I simply believe there may be a decent bounce up from this point that can be profited from.

                  Comment

                  • peanuts
                    Senior Member
                    • Feb 2006
                    • 3365

                    #10
                    Is that a big CnH I see with VAPE?
                    Hide not your talents.
                    They for use were made.
                    What's a sundial in the shade?

                    - Benjamin Franklin

                    Comment

                    • IIC
                      Senior Member
                      • Nov 2003
                      • 14938

                      #11
                      Be on the lookout for Mr. Breakout's GANJA INDEX

                      44 Components

                      Price weighted index is up 287% YTD while the mean percentage gain for all 44 components is +832% YTD

                      Doug
                      "Trade What Is Happening...Not What You Think Is Gonna Happen"

                      Find Tomorrow's Winners At SharpTraders.com

                      Follow Me On Twitter

                      Comment

                      • billyjoe
                        Senior Member
                        • Nov 2003
                        • 9014

                        #12
                        Doug, I'd be tempted to put all my retirement funds into the GANJA Index but for 2 potential problems.

                        1. Big Tobacco or Big Pharma puts them all out of business with endless steams of $$, lawyers, patent litigation, friendly government interference.

                        2. I make my fortune then the govt. mandates a whopping tax rate way above current income tax fees on cannibus profits.

                        --------------------billy

                        Comment

                        • IIC
                          Senior Member
                          • Nov 2003
                          • 14938

                          #13
                          Sneak Preview

                          "Trade What Is Happening...Not What You Think Is Gonna Happen"

                          Find Tomorrow's Winners At SharpTraders.com

                          Follow Me On Twitter

                          Comment

                          • jbleads
                            Moderated
                            • Feb 2013
                            • 6

                            #14
                            I'm hesitant as well especially when you see the patent holders for medical r/x. US Federal Government

                            Comment

                            Working...
                            X