Mining IIC's Ganja Index

[billyjoe]

We know there's money to be made in marijuana stocks, but how much and for how long? The federal govt. could put a stop to legalized weed at any time. I figure the states will fall like dominoes in allowing medical herb. The lid won't be able to be put back on the pot ! Eventually 40-45 states will allow it with a few of the southern states refusing for religious reasons. Imagine what shape Mississippi would be in if they scorned the good book. There is tax money to be made, boys !

IIC's Ganja Index contains 44 stocks. I lowered that number to The High 9, those that actually had sales and market caps over 100 million. Here they are with current price and market caps.

1. GWPH 74.70---1.12 bil
2. GWPRF 6.23---1.1 bil
3. CANV 73.00---857.31 mil

4. PHOT .62-----440.14 mil
5. FITX .09------328 mil
6. MJNA .33-----308 mil

7. HERB 1.43---256 mil
8. PLPL 1.22----149.55 mil
9. TRTC 1.09---111.28 mil

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

[billyjoe]

Will update Ganja9 index at end of each week. As of Friday 3/14/14 price was 162.74. Eventually I'll have enough data to post a graph of performance.

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

[IIC]

But Billy...you need to include them all...that's where the BIG BUCKS are...Take VAPE...4 months ago it was .36...now it's over 36.00.


Doug

[Louetta]

Will update Ganja9 index at end of each week. As of Friday 3/14/14 price was 162.74. Eventually I'll have enough data to post a graph of performance.

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

Methinks this will help many.

[billyjoe]

Ganja Index High 9 ends down 11% for the week at 144.96. 7 of 9 stocks were down with only FITX and HERB remaining unchanged. Does this offer a buying opportunity or the start of a downward spiral?

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

[Louetta]

Ganja Index High 9 ends down 11% for the week at 144.96. 7 of 9 stocks were down with only FITX and HERB remaining unchanged. Does this offer a buying opportunity or the start of a downward spiral?

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

Neither, methinks. It's the continuation of a downward spiral. I went back another week, two weeks ago, to March 7 and got a total of 199.94 (72.43, 5.95, 117.00, .41, .05, .30, 1.75, 1.35, .70) so it's down more than 25% in two weeks. Of course I'm biased having announced earlier in the week I sold all my weed stuff.

[IIC]

Updated the GANJA Index yesterday...notice that the average gain for all 44 components for the week was +8.89%... that would apply if you bot an equal dollar amount of each...However, if you bot an equal number of shares of each you would've been -8.81%.

►►►	http://sharptraders.com/ganjaindex.html

Doug

[billyjoe]

Ganja is up. Long live the Ganja !

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

[billyjoe]

Ganja High9 Index is tanking. Last 4 weeks: March 7th 199.94, March 14th 162.74, March 21st 144.96, March 28th 103.12. Down 48% since inception. I'll wait for stabilization to make any buys.

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

[IIC]

As you can see last week's average loss was 9.32%...However if you owned equal share amounts of each of the components you were down 22.88% http://sharptraders.com/ganjaindex.html

[Louetta]

We know there's money to be made in marijuana stocks, but how much and for how long? The federal govt. could put a stop to legalized weed at any time. I figure the states will fall like dominoes in allowing medical herb. The lid won't be able to be put back on the pot ! Eventually 40-45 states will allow it with a few of the southern states refusing for religious reasons. Imagine what shape Mississippi would be in if they scorned the good book. There is tax money to be made, boys !

IIC's Ganja Index contains 44 stocks. I lowered that number to The High 9, those that actually had sales and market caps over 100 million. Here they are with current price and market caps.

1. GWPH 74.70---1.12 bil
2. GWPRF 6.23---1.1 bil
3. CANV 73.00---857.31 mil

4. PHOT .62-----440.14 mil
5. FITX .09------328 mil
6. MJNA .33-----308 mil

7. HERB 1.43---256 mil
8. PLPL 1.22----149.55 mil
9. TRTC 1.09---111.28 mil

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

I love grassy knoll stuff. CANV was at 165 on 2/24. Closed Wednesday at 32. Down 21% today when it repudiated its 10Qs for the first 3 quarters of this year (in the middle of the day). So who knew what when?

[billyjoe]

The High9 of the Ganja Index is being rebalanced as HERB is classified under the food, agriculture group. It is replaced by AERO. Actual sales of 8.5 million with a tiny market cap of 41.6 million. Index again faltering this week.

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

[billyjoe]

Ganja High9 continues free fall to new low of 96.13 down 7% for the week and over 50% last 4 weeks.

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

[IIC]

Just updated...Mr. Breakout's Ganja Index ►►►

http://sharptraders.com/ganjaindex.html

...$CANN has been halted since 3/27...Might have to be dropped.

[billyjoe]

Ganja High9 continues free fall to new low of 96.13 down 7% for the week and over 50% last 4 weeks.

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

Ganja High9 Index continues fall at 83.84 down another 13%. Losses every week since inception now down 58% last 5 weeks.

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