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  #121  
Old 08-27-2018, 09:13 AM
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Originally Posted by pikergolf View Post
Canopy Growth 61.20 this AM. My God did I sell to soon.
I gambled on the wrong one, not sure what THC personnel are doing, but the stock isn't going up.
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  #122  
Old 08-27-2018, 11:08 AM
The Elkster The Elkster is offline
 
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I'm curious about what data you guys are using to evaluate/value these companies. What dollar value are you using for the total market potential? What profit margins are you assuming? Are you assuming these companies are going to have a monopoly on the Canadian market? Have you looked at what has happened in weed legal states to get some idea of how things might shake out ??? Just curious as I haven't really seen any real in depth analysis of the segment.
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  #123  
Old 08-27-2018, 11:17 AM
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None of this is applicable to the pot stocks. It is pure speculation at this moment, lol! The reason why these stocks are going up now is because the large liquor distributors are thinking of buying into it. Like the Canopy one. The rest are just a speciulations.
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  #124  
Old 08-27-2018, 03:25 PM
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Canopies herb sucks it will plummet soon as rec users get a taste
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  #125  
Old 08-27-2018, 04:18 PM
fishtank fishtank is offline
 
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None of this is applicable to the pot stocks. It is pure speculation at this moment, lol! The reason why these stocks are going up now is because the large liquor distributors are thinking of buying into it. Like the Canopy one. The rest are just a speciulations.
First it was constellation buying into canopy now Diageo is in talk with 3 company .. big money are circling.
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  #126  
Old 08-27-2018, 06:13 PM
Map Maker Map Maker is offline
 
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Originally Posted by The Elkster View Post
I'm curious about what data you guys are using to evaluate/value these companies. What dollar value are you using for the total market potential? What profit margins are you assuming? Are you assuming these companies are going to have a monopoly on the Canadian market? Have you looked at what has happened in weed legal states to get some idea of how things might shake out ??? Just curious as I haven't really seen any real in depth analysis of the segment.
You know, before I bought into canopy, I did do the calcs comparing revenue from Colorado sales per capita to Canada.
I can't remember then numbers now but I remember canopy was a sell at $12.
I rode it to $15.lol

But it's a perfect storm. Cons like it for the revenue, libs like it cuz they made it happen, nip love it cuz it's pot.
It's a pyramid scheme and no one lost money yet.
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  #127  
Old 08-27-2018, 09:29 PM
Deo101 Deo101 is offline
 
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Only one I’m in is Tetra Bio Pharma. They’re going after DIN (drug identification numbers). and are a long ways ahead of the few others. They’re currently in phase 3 for their smokable product. I like their play lot as it could legitimize the medical market. Hoping for that insurance money!

Most Dr s aren’t that keen on prescribing something with zero quality control, efficacy etc

Have a look at Gw pharma when they got approval for their epilepsy medicine...
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  #128  
Old 08-28-2018, 09:19 AM
The Elkster The Elkster is offline
 
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Originally Posted by Map Maker View Post
You know, before I bought into canopy, I did do the calcs comparing revenue from Colorado sales per capita to Canada.
I can't remember then numbers now but I remember canopy was a sell at $12.
I rode it to $15.lol

But it's a perfect storm. Cons like it for the revenue, libs like it cuz they made it happen, nip love it cuz it's pot.
It's a pyramid scheme and no one lost money yet.
As long as one gets off before the music stops I guess...
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  #129  
Old 08-29-2018, 11:12 AM
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Well that was getting too rich even for my taste, lol! Sold my position in Canopy this morning at $58.50... bought at $15.30....
I think it run it course and now just getting into the pure high risk territory. I possibly will regret this move but better be safe than sorry here. I’m still very happy with the gain.
Good luck to you guys!
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  #130  
Old 08-29-2018, 05:51 PM
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Well that was getting too rich even for my taste, lol! Sold my position in Canopy this morning at $58.50... bought at $15.30....
I think it run it course and now just getting into the pure high risk territory. I possibly will regret this move but better be safe than sorry here. I’m still very happy with the gain.
Good luck to you guys!

P/E Ratio -149.42, you just sold something worth nothing for $58.50/share.
Rock on !!!
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  #131  
Old 09-16-2018, 10:44 PM
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More hype is coming your way boys. The people who own WEED are preparing to go public with another of their creation - Canopy River. Suppose to start trading this coming Thursday if I’m not mistaken.
The owner of WEED is also involved in another company that started trading last week at 0.48. It closed at $1.17 on Friday after going as high as $1.60 on Friday morning...
Again, this is a high risk- high reward scenario. Use the money that you can afford to loose....
Good luck guys!
PS. If you decide to take my advise and end up making money- don’t forget to send me a small $5 bill. I prefer a small bill than big thank you!
Good luck again!
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  #132  
Old 09-16-2018, 10:52 PM
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My guy tried to talk me into Canopy July '16 @ $3 and change. 68 bucks last week. 105 grand ROI in 2 years. Ah well. Did buy Hydropothecary last summer @ $3.10, it's @ $7.70ish & I still own it. 115% in a few months, crazy days. Good luck, boys!!
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  #133  
Old 09-17-2018, 11:59 AM
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Aurora is up 16% today on a news that Coca Cola is in talks with them to develop a pot infused drinks... I guess the South America is running out of coca leaves....
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  #134  
Old 09-17-2018, 12:12 PM
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Aurora is up 16% today on a news that Coca Cola is in talks with them to develop a pot infused drinks... I guess the South America is running out of coca leaves....
I have been looking into Canopy Rivers, cannot find an IPO date, do you have anything?
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  #135  
Old 09-17-2018, 05:42 PM
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Originally Posted by pikergolf View Post
I have been looking into Canopy Rivers, cannot find an IPO date, do you have anything?
According to my info it will start trading on Sept 20. Ticker is RIV.
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  #136  
Old 09-18-2018, 01:53 PM
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Originally Posted by KGB View Post
More hype is coming your way boys. The people who own WEED are preparing to go public with another of their creation - Canopy River. Suppose to start trading this coming Thursday if I’m not mistaken.
The owner of WEED is also involved in another company that started trading last week at 0.48. It closed at $1.17 on Friday after going as high as $1.60 on Friday morning...
Again, this is a high risk- high reward scenario. Use the money that you can afford to loose....
Good luck guys!
PS. If you decide to take my advise and end up making money- don’t forget to send me a small $5 bill. I prefer a small bill than big thank you!
Good luck again!
What is your take on Australis Capital (TSX: AUSA)? Going live tomorrow.
https://www.newswire.ca/news-release...693233621.html
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  #137  
Old 09-18-2018, 05:59 PM
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Dunno, they raised 17mils so far and that is not enough to for any decent acquisition. The Canopy River raised over 100 mils..
Its a crap shoot, either one of those. My position as of right now - I will put around 10K into each of them and will watch it like a hawk, lol! At the first sign that either one of them is going down or even sideways - I run like hell from the holly water, lol!
There will be definetly some hype around it, that’s for sure.
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  #138  
Old 09-19-2018, 08:35 AM
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Thanks for the info KGB.
Hype indeed .... I am not in at 13.70.
I will take my 25 cent Aurora / Australis shares and warrants and that is it LOL.
Good Luck

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  #139  
Old 09-19-2018, 10:34 AM
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No problem, hope you won’t blame me later, lol!
Take a look at Tilray, this one is going completely NUTS! 30%up yesterday and over 50% up today so far! It started trading on nasdaq a month ago at $17.. today it is at $240!!! And no income! Pure hype and speculation. If you got in around 20-40 bucks then just sit tight and enjoy the ride until the music stops... then run for the chair! But if it drops, it should stay above $50..
This comp surpassed the American Airline and a few more in valuations. CRAZY!
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  #140  
Old 09-19-2018, 05:28 PM
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Wow, somebody lost some coin today when Australis Capital closed at $2.93.
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  #141  
Old 09-19-2018, 06:19 PM
reddeerguy2015 reddeerguy2015 is offline
 
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Wow, somebody lost some coin today when Australis Capital closed at $2.93.
Is canopy rivers going to do the same thing tomorrow??
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  #142  
Old 09-19-2018, 06:23 PM
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Originally Posted by reddeerguy2015 View Post
Is canopy rivers going to do the same thing tomorrow??
It shouldn’t, they raised way more money, over 100 mil. But who knows! The ausa went as high as $16 earlier just to crash down later...
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  #143  
Old 09-19-2018, 09:42 PM
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Anyone following XLY.V ?
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  #144  
Old 09-19-2018, 10:00 PM
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This bubble is showing plenty of similarities to what happened to tech stocks in 2000, or Bitcoin last December.
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  #145  
Old 09-20-2018, 11:16 AM
fishtank fishtank is offline
 
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According to my info it will start trading on Sept 20. Ticker is RIV.
shot up 150% ..
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  #146  
Old 09-20-2018, 11:30 AM
SHEDHEAD SHEDHEAD is offline
 
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Yes I have a position in this one. Not sure what to make of it anymore haha.

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Anyone following XLY.V ?
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  #147  
Old 09-20-2018, 12:24 PM
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shot up 150% ..
Not so fast buddy, not so fast! Lol! It did go up to $11 something dollars and then dropped down to 7. It is trading around $8 mark as of a few minutes ago. I was thinking of throwing a few G’s into this one but I will sit and wait a bit more... I wanna see the trading pattern of this one.
Do you see what’s happening to Tilray?
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  #148  
Old 09-20-2018, 12:26 PM
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Originally Posted by SHEDHEAD View Post
Yes I have a position in this one. Not sure what to make of it anymore haha.
Same here, bought it a few months ago , down a few dollars at this point... I will wait and see, this one is more like a long term investment.
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  #149  
Old 09-20-2018, 01:15 PM
fishtank fishtank is offline
 
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Not so fast buddy, not so fast! Lol! It did go up to $11 something dollars and then dropped down to 7. It is trading around $8 mark as of a few minutes ago. I was thinking of throwing a few G’s into this one but I will sit and wait a bit more... I wanna see the trading pattern of this one.
Do you see what’s happening to Tilray?
all the early bitcoin folks that made their money are now itching to spend it ??
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  #150  
Old 09-20-2018, 01:16 PM
reddeerguy2015 reddeerguy2015 is offline
 
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Quote:
Originally Posted by KGB View Post
Not so fast buddy, not so fast! Lol! It did go up to $11 something dollars and then dropped down to 7. It is trading around $8 mark as of a few minutes ago. I was thinking of throwing a few G’s into this one but I will sit and wait a bit more... I wanna see the trading pattern of this one.
Do you see what’s happening to Tilray?
Tilray is dropping like a rock...
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