Pot stocks
- Thread starter chummer
- Start date
Rancho Cucamonga
Active Member
The only marijuana stocks you would want to invest in are ones that are specifically related to medical, not legal. CBIS is one of them as they are mainly a pharmaceutical research company. MJNA is also one of them although they deal with education, management and financials. Much of their financial services are directed at state and county governments which basically guarantees profit as we all know how much fraud and waste is committed by governments.
I wouldn't throw much money into any marijuana stock as the cons far outweigh the pros currently.
I wouldn't throw much money into any marijuana stock as the cons far outweigh the pros currently.
looks like u read 1 article and now u seem to be an expert. ur words bleed it.go do some serious reseach and read the about the muti billion $ illegal business
bout to become legal.But u prob have seen this before BULLSH@@. Its early in its stages but then again every thing needs to be born.But u already know about the 27 countries in europe wheremjna is headed.Ill spend my $ the way i choose.After all i just said to look into it not tell people what when and how to spend there money. legal or medical wtf are you reading
bout to become legal.But u prob have seen this before BULLSH@@. Its early in its stages but then again every thing needs to be born.But u already know about the 27 countries in europe wheremjna is headed.Ill spend my $ the way i choose.After all i just said to look into it not tell people what when and how to spend there money. legal or medical wtf are you reading
.. It is something to be invested in.. The question is just when to jump in..
Rancho Cucamonga
Active Member
LOL Wow, you have issues. I guess from a guy who's sister is a retail daytrader I kinda got an idea of how things work in the stocks and futures. I've been researching marijuana related stocks since last summer and there is not a single one worth investing in currently. I asked my sis about these and she just laughed. The market is not only not ready for these yet, many marijuana stocks are OTC and any that are traded on the major markets are much too risky for seasoned investors who can work with large losses, so you can imagine the risk from a regular investor with no experience. Not to mention the federal law aspect of it all.
No need to be a penis.
Swiftowl11
Active Member
Im invested too, got into mjna at .03. it just hit .35, steady at .30. So im way up on it, sold a little bit of my stocks at the .35 mark. Made quiet a bit of money on that one. Waiting for this to be in the dollars, by this year. I got in on a handful of mj stocks, all doing pretty good. Wish I had jumped on that mdbx, was going to but passed, stupid me.
Rancho Cucamonga
Active Member
Ya Medbox stocks peaked too quick in Nov, it will hurt the stock in the longrun. Medbox board is even turning away some investors at this time. Stock is slowly and steadily dropping currently, next month outlook is steady drop.
mike.hotel
Active Member
Good topic.
Mattplusness
Well-Known Member
My friend's brother made 100k with the recent spike of MJNA.
Yeah, cuz making $1M+ as a dentist each year isn't enough.
Yeah, cuz making $1M+ as a dentist each year isn't enough.
3 Pounds of Weeden
Active Member
Stocks huh? How much per share on these 2 companies?
Rancho Cucamonga
Active Member
If what you say is true about your friend's brother it's people like him that hurt the stock by selling off their shares when it peaked, which is how the market is played of course.
The problem with MJNA specifically at least recently is it has repeatedly dropped at the same peak spot, which is a signal of a stock not being able to break through past peaks. There is a minority that think MJNA will makes huge leaps in the next few days to few months, so if one is going to invest in this stock do it right away, like now. If this stock does rise whether it's future is great or bleak doesn't matter, most of those invested already or planning to will be long-term holders.
Swiftowl11
Active Member
I've been shorting MJNA with huge success right now. Holding onto my 50k shares hoping it hits big. But shorting to make daily gains and add to my shares.
Good site if you trying to do penny stocks http://www.pennystockrumble.com Thats what I stick with, be careful though, you can lose big in pennystocks, make sure you know what your buying. Mjna stocks are pretty safe right now, cant lose to big, at this level bound to gain a whole lot.
Good site if you trying to do penny stocks http://www.pennystockrumble.com Thats what I stick with, be careful though, you can lose big in pennystocks, make sure you know what your buying. Mjna stocks are pretty safe right now, cant lose to big, at this level bound to gain a whole lot.
Mattplusness
Well-Known Member
Gotta love the free market
