Lets talk stocks

althor

Well-Known Member
With the President being quoted all over the place taking a somewhat pro stance for legalizing, I will be somewhat suprised if we don't see a small increase in MJ related stocks over the next few days. We will see.
 

bud nugbong

Well-Known Member
^hell yea. I don't think im gona get in but I bet SMG (scotts miracle gro) will blow up due to all the rooks trying to get there grow on. Part of the reason I got in on that fertilizer company and ive got my eye on another.

on an unrelated topic ive been very upset with KO (coke) I only bought a small share but expected it to be a nice steady company and it hasn't gone anywhere. I think we are a pepsi generation.
 

althor

Well-Known Member
Yep, over yesterday and today the MJ stocks jumped pretty much across the sector. Dow and Nasdaq dropped, MJ stocks went up.
Not sure how long the wave will last, but I am hoping through the middle of next week.

Not only did the Pres have his interview, but last night Holder had a press release about oking the banks to accept MJ money.

Two days ago the American Farmer's Association petitioned the Secretary of Agriculture to remove hemp from the controlled substance list so farmers can begin farming it.
 

dangerlow

Well-Known Member
Two days ago the American Farmer's Association petitioned the Secretary of Agriculture to remove hemp from the controlled substance list so farmers can begin farming it.
You know that feeling on Christmas morning as a kid. I got a faint bit of that reading this. I would buy a farm for hemp, talk to some industrial companies, and I bet you would have it all sold before it sprouted.
 

bud nugbong

Well-Known Member
mmm I am thinking its just going to keep growing over the next 10 years+ with the different states slowly getting medical and fully legal. I hope phillip morris gets in on the action and goes green or that stock is just heading south. I think next week ill be purchasing another position. mj related of course.
 

oldschooltofu

Well-Known Member
HEMP is at .8 now

mjna is at .46 today

i have already doubbled my money invested

both these stocks will go into dollars. wishing i bought more HEMP at .01 or .02
i dont think we will see these go down much anymore
 

althor

Well-Known Member
^ Yep I was saying earlier today, we are done with seeing the lows we have seen the past week or two.
They will still dip, no doubt, but they won't be hitting the same lows. The bases have risen.
Hemp was hovering around 5 all of last week, dropping down into the low 4s and back up to 5s. I am pretty certain we will not see 4 ever again. Especially with the news that the Farm Bill has been signed and the feds have given the OK to start growing HEMP.

Bought into LATF yesterday morning, opened at .001 and hit .0046 today, dropped back down to around .003 right before close. Most of their revenue is coming from seafood at this point, but who cares, money is money.

Today was a relative slow day which didn't suprise me at all. I expect tomorrow get very active again, especially if MJ/bank/hemp is mentioned at all in the State of the Union Address tonight.
 

althor

Well-Known Member
Well, Obama let us down and didn't mention cannabis or hemp at all last night.
Things havent been good today. Dropped a little then just started stagnating. Need more good news to get them jumping.
 

colonuggs

Well-Known Member
after Washington state gets online...just like with denvers stores ....news and stocks seem to climb....

shit Medbox hit $90s right after Colorado opened up stores and news stories..now its maintaining upper 30s ....that was a penny stock a few ago
 

thump easy

Well-Known Member
shit man i need you guys to post directions on how to buy i dont know a fucken thing about the process... could you guys be helpfull and show this lil ignorant how to buy stock and trade or sell???
 

oldschooltofu

Well-Known Member
shit man i need you guys to post directions on how to buy i dont know a fucken thing about the process... could you guys be helpfull and show this lil ignorant how to buy stock and trade or sell???
you have to set up an account with Schwab.com or Etrade or Edward jones or other broker. once your check clears and they set up your account you just log in to that site and start trading.

it may take a few days to get set up.
 

jjfw

Well-Known Member
I myself have been interested in these stocks, but feel very uncomfortable with my money online and new at this. I've notice an scott trade branch location near me, also a etrade branch. I take it they are the same as online but get to speak to a human, and be shown what to do to set an online account. I would guess this would be better way to set up then trying by myself online. My interest grows, just lack the balls to push the keys to open an account online with a large sum of money.
 

althor

Well-Known Member
HEMP .19 now
making money now. i just trippled my investment

yes wishing i bought more at .02

is it gonna drop tomorrow or just keep going up????
I am a HEMP investor as well, made out like a bandit today.

I expect it to dip and fill in the gap because it jumped so fast, but then continue to rise again.
The actual HEMP vote isn't until tomorrow, so should be more rise.

Other MJ stocks shot up like rockets.
I was in the middle of researching a company close to the end of the day, flip back to check the price it had jumped up 450%.
I bought in immediately, ended the day around 588% rise. Bought in at .005, ended the day (20 minutes later) at .0063 Wish I had researched faster and got in before I did. It is a biofuel company that just announced today that it was getting into the hemp side of things to start making biofuel and other things, USEI.
SING had a huge jump today as well, didn't get in on it.
Watching LATF pretty hard, hoping they have a financial report soon. They own a seafood shipping division that they claim makes a lot of money but their financial reports are unaudited. The next financial should be audited and if they are making anywhere near what they claim, that stock will jump through the ROOF.
 

harris hawk

Well-Known Member
I need help in investing , penny stocks? cannabis testing companies stock, ect. Any suggestion, every heard of CannaBusiness (a canna business publication) magazine, some intresting information , but wonder what the lowest amount one can invest?
 
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