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02-06-2013, 06:58 PM
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Join Date: May 2011
Location: moving to quesnel
Posts: 3,013
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wondered how long this would take ..lol
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Do not squander time, for that is the stuff life is made of.......Ben Franklin
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02-06-2013, 06:59 PM
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Banned
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Join Date: Feb 2009
Posts: 12,078
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I will stick to my arms manufacturing stocks.
You might notice an inverse relationship between Dave's stocks and mine from time to time.
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02-06-2013, 07:03 PM
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Join Date: May 2007
Posts: 3,918
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I was a "sucka" once too.
Truth of all the penny stocks is that the insiders always have the lock on the thing, and most are more interested in "selling paper" than selling product.
If you go in knowing you are too late, and that your fate rides on how fast the insiders unload their stock and rediculous "options", then you can play on the backs of other fools who follow. Don't think this is investing. Its not even gambling. Gambling suggests chance, not an inside fix.
This is so remeniscent of the tech boom where every dog under the sun, even the Junior Gold promotors, were pumping out garbage knowing that in the feeding frenzy, the public would eat anything, Sh!t or not.
How about a major pharmaceautical coming in and muscling out all of these future spin doctors? They can distribute, market, and deliver the product professionally.
Drewski
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02-06-2013, 07:05 PM
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Banned
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Join Date: Dec 2012
Location: Calgary
Posts: 3,316
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I invested a small token amount in CBIS a few yrs ago....just gamblin that the maryjane thing would take off...I aint rich yet
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02-06-2013, 07:19 PM
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Join Date: Jun 2011
Posts: 3,713
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Maybe buy Pepsi Co. which also owns Frito Lay since all the smokers will have the munches and be thirsty.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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02-06-2013, 07:41 PM
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Banned
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Join Date: Dec 2009
Posts: 12,558
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What we need to invest in is medical devices... specifically hearing aides.
Seems like the right and left of line are both hard of hearing.
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02-06-2013, 09:41 PM
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Join Date: Aug 2012
Posts: 2,169
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heres one.... Novo nordisk, it is literally like investing in diabetes and fat people. Number one insulin maker in the world. There is an adr in US market and a listing in Europe.
If it werent for currency risk I would buy some. I just go for bonds that trade at par... I am a weiner but at the same time I only need 2% to retire.
Greed can kill ya in the market
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02-06-2013, 10:04 PM
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Join Date: Oct 2008
Location: In the shadow of the Valhalla Mountains, BC .
Posts: 9,174
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Quote:
Originally Posted by Calgary Dave
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I'm too conservative a stock investor to go for the penny stocks, but I have to agree with Dave ... I think it's just a matter of time. Think of the tax revenue that would be gained, and the benefits of taking the profits away from organized crime.
I don't use the stuff, but I think it's long passed due to be legalized.
That would be my two nickles (they don't make pennies anymore).
TF
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02-06-2013, 11:04 PM
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Join Date: Dec 2008
Location: Sherwood Forest
Posts: 5,176
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Quote:
Originally Posted by mtngiant
I invested a small token amount in CBIS a few yrs ago....just gamblin that the maryjane thing would take off...I aint rich yet
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Explains a bit !
Oh!
IBTL.
Hey, it a MJ thread. You know it's true.
__________________
We must reject the idea that every time a law's broken, society is guilty rather than the lawbreaker. It is time to restore the precept that each individual is accountable for his actions.
Ronald Reagan
Either get busy living, or get busy dying!
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02-06-2013, 11:19 PM
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Join Date: Oct 2008
Location: In the shadow of the Valhalla Mountains, BC .
Posts: 9,174
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Quote:
Originally Posted by bdub
Maybe buy Pepsi Co. which also owns Frito Lay since all the smokers will have the munches and be thirsty.
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The smokers are a special lot ... there's "lots" of money to be made off them!
TF
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02-06-2013, 11:22 PM
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Join Date: Aug 2007
Location: Calgary
Posts: 19,416
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These stocks revolve around a product & market that is both old, yet new. It'll be down to effective management whether they really fly or not. They could just as easily be mining gold, but if they're not controlling costs, ensuring a good range of products or marketing well, then they'll just be a flash in the pan. Picture Coca-Cola versus the local no-name beverage bottler; same market and similar products, but whose shares would you rather own?
Who knows, perhaps the buying public will avoid mass marketed cannabis in favor of local "farmers market" boutique products. Budweiser versus local craft-brewed pilsners of sorts.
Now that comparison has me thinking: is Red Bull going to come out with a new beverage variation for these states? Video game sales are gonna go through the roof!
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"The trouble with people idiot-proofing things, is the resulting evolution of the idiot." Me
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02-07-2013, 12:08 AM
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Banned
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Join Date: Dec 2009
Location: Copperhead Road, Morinville
Posts: 19,290
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Quote:
Originally Posted by bdub
Maybe buy Pepsi Co. which also owns Frito Lay since all the smokers will have the munches and be thirsty.
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Nice thinking outside of the box!
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02-07-2013, 07:03 AM
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Join Date: Dec 2008
Posts: 2,588
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All those stocks are pinks. So basically the Wild West of trading, barely any regulation compared to tsx or dj. You could get lucky but more than likely you'll get played by the pro pump and dumpers! Just use the tsx with your tfsa. We are really fortunate to have the venture and be able to play it tax free. It's still gambling! Everything aside from the peanut butter jar that's buried in your back yard is gambling thou!
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