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04-10-2017, 01:36 PM
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Banned
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Join Date: Aug 2014
Posts: 933
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Quote:
Originally Posted by dgl1948
When it is legalized it will be legal to grow your own for recreational use. The companies will take a hit then.
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Yeah those 4 plants per household will really hit those companies hard!! lol
Who are the regular average joes gonna buy their seeds from? Oh ya those companies.
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04-10-2017, 01:55 PM
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Banned
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Join Date: Dec 2007
Location: Edmonton
Posts: 2,485
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Quote:
Originally Posted by dgl1948
When it is legalized it will be legal to grow your own for recreational use. The companies will take a hit then.
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The police are arguing against growing it at home. Hopefully it sticks as it would only contribute to a whole rash of other problems.
http://www.cbc.ca/news/politics/poli...-pot-1.3972618
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04-10-2017, 02:23 PM
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Join Date: Nov 2008
Posts: 11,463
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Meh. The Canadian Association of Chiefs of Police wields to much power as it is. We tell them what we want, not the other way around. If we listened to them we'd still have a gun registry, because, well it was so effective.
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“One of the sad signs of our times is that we have demonized those who produce, subsidized those who refuse to produce, and canonized those who complain.”
Thomas Sowell
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04-10-2017, 09:01 PM
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Join Date: Oct 2009
Posts: 1,241
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Quote:
Originally Posted by play.soccer
who are the regular average joes gonna buy their seeds from? Oh ya those companies.
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the same place they get it now.
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04-10-2017, 09:13 PM
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Join Date: Feb 2009
Posts: 5,131
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ACB up .49 today!! 17.5% in a day. Pretty.sweet.
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04-10-2017, 09:27 PM
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Join Date: Sep 2008
Location: Near YVR
Posts: 1,238
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There have been people doubling their investments on these penny stocks already.
Your either going to have to find a new cheappie or your to late and have to join the crowd to see where the ride will take you.
Rob
__________________
We sleep safe in our beds because rough men & women stand ready in the day/night to visit violence on those who would do us harm.
RIP Pte Terry J Street 2nd Battalion, PPCLI, Shilo, Man. EOT, April 4 2008 Panjwayi District Afghanistan,Constable Jimmy Ng,RCMP EOW,Sunday, September 15, 2002
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04-11-2017, 08:47 AM
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Join Date: Aug 2012
Posts: 2,169
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I think you have to have atleast a couple pot stocks. Buy 1500-2500$ worth for giggles. Not enough that it ll affect anything in your savings etc.
You got to think if this stuff is legal some of these companies will be the kokanees and molsons of marijuana. You buy the stocks for 2-10$ today and twenty years from now they may be paying 1-2$ dividends because booze and weed are essentially institutions in society. A mature supplier will probably be paying out the profits just like tobacco and booze does.
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04-13-2017, 08:04 PM
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Banned
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Join Date: Dec 2007
Location: Edmonton
Posts: 2,485
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Quote:
Originally Posted by mooseknuckle
ACB up .49 today!! 17.5% in a day. Pretty.sweet.
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How much is it up today? Ouch
After legislation introduction it looks like the grow at home will stick. 4 plants less than 1 metre. Not a smart move on the feds part in my opinion, lots of idiots burning their homes down. I bet the insurance industry steps in quick and says hasta la vista baby on anybody wanting insurance if they grow pot. Can't blame them either.
Last edited by Weedy1; 04-13-2017 at 08:10 PM.
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04-13-2017, 09:12 PM
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Banned
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Join Date: Jan 2016
Posts: 4,134
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Less than one meter ? Are they talking about the dandelions in the average yard here. Makes me wonder why they are even bothering with the public cultivation aspect at this rate. First they start out saying in their platform up to four ounces or eight plants I do believe and now it's four plants under a meter tall and a skinny joint Are they going to have the meter stick police checking everyone's four plants. Please, at this rate it sounds like problems are coming before they even get off the ground. Save the headache and stick with a QP limit and be done with it. Why tie up the justice system with this nonsense they Will try and enforce.
Best way to get rich is to avoid stocks and create ones own company then turn it into a booming corporation. Get the right seeds, technology and of coarse plenty of experience and jump on the bus peeps. It's going to be a heck of a ride and I'm going to be smiling the whole way to the top!
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04-13-2017, 09:44 PM
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Banned
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Join Date: Aug 2014
Posts: 933
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Quote:
Originally Posted by Weedy1
How much is it up today? Ouch
After legislation introduction it looks like the grow at home will stick. 4 plants less than 1 metre. Not a smart move on the feds part in my opinion, lots of idiots burning their homes down. I bet the insurance industry steps in quick and says hasta la vista baby on anybody wanting insurance if they grow pot. Can't blame them either.
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Carbon tax, think of the power bills for grow lights!
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05-12-2017, 07:59 PM
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Banned
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Join Date: Dec 2007
Location: Edmonton
Posts: 2,485
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Quote:
Originally Posted by Weedy1
A post earlier today got me thinking. Has anyone bought into the marijuana stock frenzy or any other crazy overvalued stocks? There seems to be a lot of speculative trading and interesting things happening in the market nowadays. I got a real kick out of Marc Cohodes on BNN yesterday concerning the real estate situation in Toronto.
http://www.bnn.ca/video/cohodes-stil...capital~981334
How big of a bubble can be blown? When do you leave the party and take your party favors?
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So? Anybody short Home Capital?
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05-12-2017, 08:01 PM
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Banned
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Join Date: Jan 2016
Posts: 4,134
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Quote:
Originally Posted by play.soccer
Carbon tax, think of the power bills for grow lights!
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LED with a built in full color spectrum 😎
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05-12-2017, 09:22 PM
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Join Date: Jun 2011
Posts: 3,713
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Quote:
Originally Posted by Weedy1
So? Anybody short Home Capital?
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I wish I was a few months ago. It is a scary short right now, could easily go either way I think. The business model is sound and its not like they are having huge numbers of defaults on their mortgage book. They are suffering a run on deposits in a highly leveraged business. Maybe a deep pocket will swoop in and pick up the scraps, like the pension fund thats already into them a couple billion. Fascinating to watch it unfold.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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05-12-2017, 09:32 PM
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Banned
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Join Date: Dec 2007
Location: Edmonton
Posts: 2,485
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Quote:
Originally Posted by bdub
I wish I was a few months ago. It is a scary short right now, could easily go either way I think. The business model is sound and its not like they are having huge numbers of defaults on their mortgage book. They are suffering a run on deposits in a highly leveraged business. Maybe a deep pocket will swoop in and pick up the scraps, like the pension fund thats already into them a couple billion. Fascinating to watch it unfold.
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I just hope that deep pocket isn't the Can Gov't. The players need to be very careful right now. I'm starting to think this whole fiasco cascading into a world of financial fear is becoming a reality. The bank stocks are reflecting the sentiment right now. I went stateside today, hugely, as Trump would say.
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05-12-2017, 09:56 PM
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Join Date: Jun 2011
Posts: 3,713
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Quote:
Originally Posted by Weedy1
I just hope that deep pocket isn't the Can Gov't. The players need to be very careful right now. I'm starting to think this whole fiasco cascading into a world of financial fear is becoming a reality. The bank stocks are reflecting the sentiment right now. I went stateside today, hugely, as Trump would say.
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Anythings possible, we got the moodys downgrade of canadian banks this week, houshold debt at record highs and yeilds pointing higher. All this is getting baked into the price of the stocks. We had a downgrade in 2013 of our banks which turned into a non-event. Household debt is an old story. Yeilds and how fast they rise are the wild card I think. Inflation seems pretty benign for now but an oil shock or something else could trigger something. Almost certainly it will be something we don't expect that will cause the next crisis.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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05-12-2017, 10:01 PM
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Banned
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Join Date: Dec 2007
Location: Edmonton
Posts: 2,485
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Quote:
Originally Posted by bdub
I wish I was a few months ago. It is a scary short right now, could easily go either way I think.
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Yah wouldn't be doing that right now unless I found a lamp in the desert.
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11-30-2017, 07:13 PM
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Join Date: Jun 2011
Posts: 3,713
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Just reviving this one. Curious to see how many folks are getting in on the weed stocks now or if they think they are getting a bit to frothy here.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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11-30-2017, 09:26 PM
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Banned
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Join Date: Aug 2014
Posts: 933
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Quote:
Originally Posted by play.soccer
Bought 250000 shares of MMJ at 3 cents, it's at 5 cents. I'm up $4000+. It hit 6.5 cents a few weeks ago. Holding on just to see what could happen. Also have ACB and BLO (breathalyzer company)
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Lolz MMJ is at 32c plus or minus 1c currently. Still got my 250000 shares hahahaha
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11-30-2017, 10:46 PM
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Join Date: Jun 2012
Posts: 147
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Any thoughts on a security company stock worth buying ?? Surely there will be a boom in that industry.
Thanks
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11-30-2017, 10:59 PM
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Join Date: Aug 2007
Posts: 473
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Quote:
Originally Posted by sarahfaye
Any thoughts on a security company stock worth buying ?? Surely there will be a boom in that industry.
Thanks
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Why would there be a boom in security?
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12-01-2017, 12:08 AM
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Join Date: May 2010
Location: edmonton
Posts: 3,878
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Quote:
Originally Posted by bdub
Just reviving this one. Curious to see how many folks are getting in on the weed stocks now or if they think they are getting a bit to frothy here.
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Just set a stop lost and let it ride ....
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12-01-2017, 03:55 AM
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Join Date: Nov 2016
Location: Edmonton
Posts: 6,499
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Quote:
Originally Posted by bdub
Just reviving this one. Curious to see how many folks are getting in on the weed stocks now or if they think they are getting a bit to frothy here.
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Not weed but hemp yes.
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12-01-2017, 06:13 AM
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Join Date: Aug 2012
Posts: 2,169
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I loaded up something like 8000$ worth over the summer for giggles thinking they might go up 10% or so in the fall when the legislation came out. I was getting 500-1000$ per day in gains for the last month or more it seems. Sold 60% and the rest can ride until i croak.
Aurora is up 180%, others were 75% ish...... the weed is injecting billions in new investment i to the economy, just think when the supply chains, stores etc have to start getting ramped up for legal sale.
No longer is it some guy in a ragged old buick with a truck full of weed cruising around not paying taxes. Look at booze and how far reaching its economic effects are.
Pot can have alot of potential, more and more places legalize it and it works out reasonably well for pretty much everyone, now we are at a poi t where whole cou tries are legalizing the stuff. If it works out good i imagine other countries will jump on board.
Big liquor will probably try and buy out its competitors or get a piece of the action too
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12-01-2017, 09:56 AM
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Join Date: Feb 2011
Location: Alberta
Posts: 81
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Quote:
Originally Posted by play.soccer
Lolz MMJ is at 32c plus or minus 1c currently. Still got my 250000 shares hahahaha
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Nice gains
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12-01-2017, 10:42 AM
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Join Date: Jan 2014
Posts: 954
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I was thinking of buying stock in Canopy Growth back in July when it was 8$. I didn't and now that it is at 18$ I guess I should have.
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01-03-2018, 04:01 PM
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Moderator
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Join Date: Feb 2015
Posts: 7,796
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Hopefully some of you guys are loving the last two days.
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01-03-2018, 04:06 PM
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Join Date: Feb 2009
Posts: 5,131
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Quote:
Originally Posted by Trochu
Hopefully some of you guys are loving the last two days.
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Bought 14980 shares of ACB around 20 months ago? .47 a share.
$14.20 today!!! yep im lovin it!!
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01-03-2018, 04:08 PM
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Join Date: May 2010
Location: edmonton
Posts: 3,878
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Quote:
Originally Posted by Trochu
Hopefully some of you guys are loving the last two days.
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like a fright train hope it stays on track .
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01-03-2018, 04:09 PM
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Join Date: Jul 2009
Location: Calgary
Posts: 1,002
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not a stock i suppose,
but i bought XRP at .042. up over 3 bucks today.
im happy!
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01-03-2018, 04:31 PM
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Moderator
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Join Date: Feb 2015
Posts: 7,796
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Quote:
Originally Posted by mooseknuckle
Bought 14980 shares of ACB around 20 months ago? .47 a share.
$14.20 today!!! yep im lovin it!!
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Congrats, that's amazing!
I wish I'd bought more of course, but I went withTHC in April, went up something like 75% yesterday and 88% today.
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