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Double Trouble
Join Date: Nov 2002
Location: North of Pittsburgh
Posts: 11,705
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pot stocks
anybody trading in these? Are they the new .com?
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I used to be addicted to the hokey pokey..........but I turned myself around.. 75 914 1.8 2010 Cayenne base |
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03-19-2014, 02:18 PM
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1966 - 912 - SOLD
Join Date: May 2008
Location: oak grove, OREGON
Posts: 3,193
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possibly
local direct investment might be the way to go right now, help build a coffee shop- federal government regulations are the real sticking point right now in this game-
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i was too tired to be pretty last night! |
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03-19-2014, 02:33 PM
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Registered
Join Date: Oct 2003
Location: Roseville, CA
Posts: 3,066
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funny you mention it...I bought MJNA on a stupid whim (though they were one of the only profitable pot stocks) got in at $.16 and sold at .32 after a high of over .40.
Very wild ride, but a lot of the pot companies have very little to do with what you think of "pot" They are mostly medical pot products and services. MJNA came out and said, whether or not states legalize pot has very little to do with their business model. Be prepared for big ups and downs!
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1992 968 Polar Silver 2010 Toyota Highlander SE 2006 Lexus LS430 ML |
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03-19-2014, 02:58 PM
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Banned
Join Date: Apr 2005
Location: Columbus, OH
Posts: 18,162
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Quote:
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03-19-2014, 03:42 PM
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Banned
Join Date: Apr 2004
Location: Seasonal locations
Posts: 14,513
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I read an article recently mapping out concerns the banking industry are having about how to deal with marijuana deposits. There seem to be issues about money laundering surrounding the deposits and how the fed will deal with tracking these deposits.
It seems like the pot industry will have some teething problems which leave investing somewhat problematic. Throw a few thou at it, if you can afford for it to go up in smoke. |
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03-19-2014, 03:46 PM
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Registered
Join Date: Jan 2008
Location: Gastonia, NC
Posts: 666
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I got in with disposable income about a month ago.
PHOT paid $.38, now $.60 TRTC paid $.62, now $1.05 GWPH paid $$58.30, now $72.80 GWPH is a legitimate pharm company seeking FDA approval on several products. They have approvals in several other countries. The other 2 are penny stocks. They dropped 20% as soon as I bought them. Then went up 70%. They have dropped 15% the past couple days. GWPH has been relatively stable in comparison.
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1989 911 Carrera Cab 25th Anniversary Edition Euro Pre-Muffler, SW Chip There's nothing better than: Listening to "Going Down the Road Feeling Bad" ,as I, "Go Down the Road Feeling Bad" |
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03-19-2014, 03:58 PM
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Run smooth, run fast
Join Date: Aug 2008
Location: South Carolina
Posts: 13,447
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"It's definitely gon' be the next big thing, mannnnnnnnn."
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- John "We had a band powerful enough to turn goat piss into gasoline." |
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03-19-2014, 10:28 PM
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No Band
Join Date: May 2007
Location: The Casino
Posts: 3,901
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I have been keeping an eye on them. Some actually look promising. FWIW, I offered a "Hot" stock tip the other morning to anyone that would PM me. No one did... You would of been up close to 300% returns as of close yesterday
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"HEY A$$MAN!!!" 
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03-20-2014, 02:42 AM
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