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TLRam1

Cannabis Stocks

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Curaleaf Holdings, Inc

Charlotte's Web Holdings, Inc

HEXO Corp.

Aurora Cannabis Inc.

 

Well I sold my pot stocks above but not before I lost 20 percent, on paper I have made that back plus some on AMD I bought about 3 months ago, it is up about 33 percent. I have researched AMD (Advanced Micro Devices) and the stock has increased by 1200 percent since the woman took over in 2015.

Still watching the pots stocks, not sure when or what to purchase right now as all have gone down significantly in 2019 other than Curaleaf Holdings which has retracted the least amount percentage wise from the benchmark price I am tracking. 

Edited by TLRam1

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10 hours ago, TLRam1 said:

Curaleaf Holdings, Inc

Charlotte's Web Holdings, Inc

HEXO Corp.

Aurora Cannabis Inc.

 

Well I sold my pot stocks above but not before I lost 20 percent, on paper I have made that back plus some on AMD I bought about 3 months ago, it is up about 33 percent. I have researched AMD (Advanced Micro Devices) and the stock has increased by 1200 percent sine the woman took over in 2015.

Still watching the pots stocks, not sure when or what to purchase right now as all have gone down significantly in 2019 other than Curaleaf Holdings which has retracted the least amount percentage wise from the benchmark price I am tracking. 

Tell me about it. I should have dumped most of my pot stocks. But it is a long term investment. But as you said my Curaleaf stock has held up the best.

I bought some Target about 6 months ago and it has done quite well.

Edited by rynosback

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Target sure has worked out well for you, when you have stocks like that, post them up. I will put it on my watch list.

Do you know why it has risen so much and does it look like Target will keep rising?

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22 hours ago, TLRam1 said:

Target sure has worked out well for you, when you have stocks like that, post them up. I will put it on my watch list.

Do you know why it has risen so much and does it look like Target will keep rising?

Who knows if it will keep rising. If I ever knew that I would never have looses on stocks. All of my picks would be winners.

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17 hours ago, NDBirdman said:

Think they would be a good investment now they've dropped really hard?  Pretty cheap right now but everytime I read something about them, it does not sound good.

 

That is what keeps me out, that and I lost 20% initially on them. 

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I'm not thinking of jumping hard on it, maybe 1k shares of ACB AND HRVSF.  Low amount of investment for possible gains.  I remember seeing one of those bouncing around $10/share not to long ago.  I recently sold some other stock that dropped about $3/share 2 days later.  Made out like a bandit on those but need someplace to park a couple dollars.  I've been thinking about doing some 30 day bonds too.

I'm also thinking a person needs to sell off any/all short term investments before the elections, I have a feeling, depending on how it goes, that the market will take a nose dive as it's going to be very nasty, worse than what we've seen yet.  If it does not dive, $$ will still be there to re-invest.  If it does dive as I think it will, I would have some $$ to re-invest in stocks.  Am I right or wrong on this thought?    Of course, my better half thinks I should dump it into a kitchen remodel.  With the rate of return for that investment if we sell in a few years I've heard is not great..... LOL

I'm thinking of using e-trade for this, is it a good company or should I look at different ones?

Ya'll thunk my head is on straight, or am I doing a Linda Blair?🤓

Edited by NDBirdman

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I'm still holding these, CBDS CGC CRON, but not a lot invested these days.  I did pretty well over the last 2 years, but lately taking a haircut.

When I owned TLRY I was online one day watching it spike to over $200..and then it was halted.. 3 or 4 times. I sold it a day or so later, but, that would have been a nice profit.

Edited by hemsteadc

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ND,

No one can tell you if you are right for you investment wise. I am holding my Pot stocks and expect a pretty good return holding for at least five years, or whenever pot is decriminalized in the US, whichever comes first. If you look back, I said I wish I could hold onto my Tesla stock but I'm not getting any younger and moving 1000 miles across several states is a bear as a civilian.

I just saw that as I had said here would happen within a year or so, when I was cashing in my Tesla shares, that Tesla would go over $400.00 and today they hit $422 for the day's high, it closed at $419. No regrets. Waiting would have only made me ~$70k more. $348k from $25k was fine. And I've since sold the inherited real properties and my property. So we have zero debt and a healthy nest egg sitting in a terrible yield savings account until I decide what to do with it. However, a savings account is not secure any more since the laws were changed allowing banks to take our deposits as their own if they falter. It's call bail-in as opposed to bail outs for banks.

 

Edited by RV_

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Hempstead,

I am looking to get back in briefly as we are seeing, according to some analysts, the spike before another bear market/correction/recession. Money to be made. However I'm staying liquid because my stocks/savings have nothing to do with our retirement incomes. I may do a Moneymarket account until I feel we are near the correction, and then buy heavy into index funds when the markets are on the mat and prices are bottoming out. I'm talking to some advisors, but so far they are either just salesmen, or looking to manage pensioner's money.

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