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Investing in Cannabis

hickslawns

Dignitary Member
Supporting Member
35,649
191
NW Ohio
We are missing it. There are secrets Wall Street won't tell us. Ever wonder: when the market dips 5-10% and people "lose" millions and billions. . . Where does all the money go? Everyone put their money in. Prices drop. What happened to all the money we invested. Did it just disappear? Who is holding it?

I think we are doing it wrong. We are trying to pick the winners. Maybe we are backwards. We should be picking the losers. Bet backwards. Why not buy and sell options? Be easy to predict the winners and losers right now.

Winners: vaccine manufacturers and some pharmaceuticals. Hand sanitizer companies. Latex gloves and mask companies. Colleges shutting down equals alcohol sales up, online porn increase, and increased need to upgrade country to 5g faster. Just to name a few.

Losers: brick and mortar retail sales taking another hit, Disney (unless their new streaming offsets amusement park attendance losses), casinos, sports and concert venues. Airlines are gonna hurt. Tourist destinations. AirBNB/hotels/car rental places going to be beat down.

Why not bet like George Soros? He shorted entire currencies and crippled nations. I bet he is smiling now and shorting a lot of companies taking a hit from this virus.
 

bowhunter1023

Administrator
Staff member
45,173
238
Appalachia
Should have dumped more in than I did.

Screenshot_20210114-102327_SoFi.jpg
Screenshot_20210114-102356_SoFi.jpg
 

jagermeister

Dignitary Member
Supporting Member
16,715
166
Ohio
@bowhunter1023 I feel your pain. I actually had APHA stock back in February or March that I bought for under $5. At some point over the summer I got impatient with it and sold it. Now I'm back in at $8.77 per share. LOL
 
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jagermeister

Dignitary Member
Supporting Member
16,715
166
Ohio
My financial planner said these 2 companies are merging. He said he’d buy me some more TLRY today even though it’s currently high. He expects even higher to come. Dollar cost averaging....
Yea, I think APHA already acquired Tilray. I don’t know... haven’t googled it... but I seem to recall it happening a month or so ago.
 

Buckmaster

Senior Member
13,626
146
Portage
Think a little inside your grow box TOO...I bought a 100 “SMG” 18 months ago. We really need an investment opportunity share thread on here. Club Invest. My work environment tried to start investment club by peers 20 years ago for sharing and caring. Seemed like a great idea at the time but the new leader only lasted 4 weeks until he found his next job.
 

bowhunter1023

Administrator
Staff member
45,173
238
Appalachia
SMG was a natural add in this play. So is SIEGY, although it's peaked now, but I got in at the bottom back in March. Siemens is a top player in the automation of processes and they produce a lot of controls that make it into the high-level grow ops.
 

OO2

Active Member
2,426
79
Unknown
Think a little inside your grow box TOO...I bought a 100 “SMG” 18 months ago. We really need an investment opportunity share thread on here. Club Invest. My work environment tried to start investment club by peers 20 years ago for sharing and caring. Seemed like a great idea at the time but the new leader only lasted 4 weeks until he found his next job.
Fire it up