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01-09-2014, 03:00 AM #1
Pot Stocks, are you in or out?
The stocks I have in my portfolio I have done research on and feel comfortable with. Simply put though, Pot stocks or Cannabis stocks, are you in or are you out? I haven't done research but after federal news came out today about the Dept of Justice saying they won't prosecute marijuana stocks under state law some "pot" stocks sky rocketed, one 'RIGH' going up 300%! Check it out, post your thoughts.
01-09-2014, 03:12 AM #2Member
- Join Date
- Jan 2012
- Cal Poly
01-09-2014, 04:30 AM #3
Was thinking of posting a thread on this. I was in MJNA a while back but got impatient and sold for a small loss and saw it and a nice jump lately.
Are there any others that have legit potential and not pump n dumps ?
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01-09-2014, 02:29 PM #4
Lol Av1atic, i'm looking at my portfolio and can't really think of anything I wanna drop to pick up any of these stocks just to try, and not really interested in putting more $ in for these stocks. Need to take a look and see what I have to "gamble" with if I choose too. I really don't know, I was just curious to other peoples thoughts, busy at work today to research, tomorrow i'll have time. Found a ton of stocks on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.â„¢
After posting the link I looked, PHOT is up 20% so far today, crazy, maybe I should jump on board with a couple super cheap
01-09-2014, 03:43 PM #5
I'm sure you know this, but to anyone interested in these make sure you really do your due diligence on these as a lot of them are just pump n dumps that have been doing well lately from the legalization in Colorado, but after a while you might put in some money and watch one of these stocks go nowhere anytime soon.
In my opinion they are great for some quick money, but I don't think I would really "invest" in any of these just yet. But who knows, I could be wrong
01-09-2014, 05:55 PM #6
Yea thats why when I have more time tomorrow I was going to do some digging of my own. I honestly probably won't hop on board but who knows, we could be wrong. I would be up for making a quick buck but some have gone up 20+% today and some just the opposite. Quick side question, not to jack my own thread but opinons on selling ANV? Quick rundown, I got a position, a few days later it went up I think it was 29% in a single day, guess what? I didn't sell. Next day went up another 4-5% I think it was and then it tanked. I never sold my position and was down 26% since purchase, now i'm just shy of 3% gain since purchase with a swing of 12% today that helped me get back to the green, would you sell or hold? Maybe i'll sell and pick up another bioscience or more of AMBS..