Author Topic: Stocks  (Read 279000 times)

Offline ludmila

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Re: Stocks
« Reply #3225 on: September 19, 2018, 09:05:13 PM »
+1.

I made money with a put buy day after the going private tweet.
Look at TLRY ,and almost all other marijuana stocks, nothing more of a bubble I have ever seen, up from $20 in July and hit $300 today, today's high was $300 and the low $150  a $150 range, if I was trading today I would have definitely bought some puts. Stock not available for shorting plus can be very risky.
here is a chart 

https://www.tradingview.com/x/rqk8KEn2/
I was the Best,still the Best, and will always be the Best.
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Offline Zevi16

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Re: Stocks
« Reply #3226 on: September 20, 2018, 12:01:10 AM »
Look at TLRY ,and almost all other marijuana stocks, nothing more of a bubble I have ever seen, up from $20 in July and hit $300 today, today's high was $300 and the low $150  a $150 range, if I was trading today I would have definitely bought some puts. Stock not available for shorting plus can be very risky.
here is a chart 

https://www.tradingview.com/x/rqk8KEn2/

On Tuesday at $160 everyone said that itís at its peak.
Iíve been following a few marijuana stocks past few months and I noticed big jumps in a bunch of these stocks when the market in general takes a dip.
Today I hit 290% with some options with CRON.
Shame I didnít have a limit sell

Offline Ephraimh

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Re: Stocks
« Reply #3227 on: September 20, 2018, 02:21:35 AM »
Investors for some reason treat Marijuana stocks as if theyíre all the next Amazon, when in reality, only a handful of companies are gonna win and be the next Amazon or Apple and the rest will go up in smoke (pun definitely intended) like the rest of the DotCom bubble stocks went.

Itís 1999 all over again.

These companies are all enjoying an Amazon.com valuation when in reality, 90% of them are the next FloppyDisks.com

Take TLRY for example, it has a $20 Billion market cap while only having $30 Million in sales.. that is a ridiculously high (again pun intended, canít help myself) P/S ratio for a stock that even given todayís FDA approval only advances them with a super micro baby step towards winning and becoming that big brand thatíll eventually have to compete with the big boys like Constellation and Coca Cola and others whoíll inevitably come in to the space and dominate it and crunch them with price, distribution and scalability.

In one word, the market is exited because itís a new sector with money to be made, but so was the internet, and we know how that ended.


Offline davidrotts63

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Re: Stocks
« Reply #3228 on: September 20, 2018, 02:23:43 AM »
Investors for some reason treat Marijuana stocks as if theyíre all the next Amazon, when in reality, only a handful of companies are gonna win and be the next Amazon or Apple and the rest will go up in smoke (pun definitely intended) like the rest of the DotCom bubble stocks went.

Itís 1999 all over again.

These companies are all enjoying an Amazon.com valuation when in reality, 90% of them are the next FloppyDisks.com

Take TLRY for example, it has a $20 Billion market cap while only having $30 Million in sales.. that is a ridiculously high (again pun intended, canít help myself) P/S ratio for a stock that even given todayís FDA approval only advances them with a super micro baby step towards winning and becoming that big brand thatíll eventually have to compete with the big boys like Constellation and Coca Cola and others whoíll inevitably come in to the space and dominate it and crunch them with price, distribution and scalability.

In one word, the market is exited because itís a new sector with money to be made, but so was the internet, and we know how that ended.
There have been a lot of big jumps lately in weed stocks, obviously most of them are BS for the long, but for a good trader that's where it's at.
« Last Edit: September 20, 2018, 02:29:42 AM by davidrotts63 »
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline Ephraimh

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Re: Stocks
« Reply #3229 on: September 20, 2018, 02:29:09 AM »
There have been a lot of big jumps lately in weed stocks, obviously most of them of BS for the long, but for a good trader that's where it's at.
Agreed, itís a goldmine for trading (if trading can in fact be called that..).

Offline Zevi16

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Re: Stocks
« Reply #3230 on: September 20, 2018, 07:46:49 AM »
Investors for some reason treat Marijuana stocks as if theyíre all the next Amazon, when in reality, only a handful of companies are gonna win and be the next Amazon or Apple and the rest will go up in smoke (pun definitely intended) like the rest of the DotCom bubble stocks went.

Itís 1999 all over again.

These companies are all enjoying an Amazon.com valuation when in reality, 90% of them are the next FloppyDisks.com

Take TLRY for example, it has a $20 Billion market cap while only having $30 Million in sales.. that is a ridiculously high (again pun intended, canít help myself) P/S ratio for a stock that even given todayís FDA approval only advances them with a super micro baby step towards winning and becoming that big brand thatíll eventually have to compete with the big boys like Constellation and Coca Cola and others whoíll inevitably come in to the space and dominate it and crunch them with price, distribution and scalability.

In one word, the market is exited because itís a new sector with money to be made, but so was the internet, and we know how that ended.
I guess you have to look at the companies that are getting the approvals and permits for different things. Online sales worldwide etc.
Or would that also not make a difference in the long run?

Offline Ephraimh

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Re: Stocks
« Reply #3231 on: September 20, 2018, 10:36:54 AM »
I guess you have to look at the companies that are getting the approvals and permits for different things. Online sales worldwide etc.
Or would that also not make a difference in the long run?
Approvals and permits are only an advantage today when marijuana is still a novelty product in the legal hemisphere and opinions still swing around between recreational and medical and between specific use cases within medical itself, but marijuana will eventually seize from being that and stop acting like pharmaceutical stocks, and start acting more like alcohol and wellness stocks like Constellation Brands and Starbucks.

And online sales worldwide is obviously the metrics to go by but how would you know that today when itís still so early?

Imagine investing in the biggest seller of alcohol or coffee back in the day before Corona and Starbucks showed up..

Offline ushdadude

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Re: Stocks
« Reply #3232 on: September 20, 2018, 11:48:11 AM »
Are people here investing in metals?
If you see something that is 50% off but don't need it, walk away and save yourself 100%

Online ExGingi

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Re: Stocks
« Reply #3233 on: September 20, 2018, 11:50:34 AM »
Look at TLRY ,and almost all other marijuana stocks, nothing more of a bubble I have ever seen, up from $20 in July and hit $300 today, today's high was $300 and the low $150  a $150 range, if I was trading today I would have definitely bought some puts. Stock not available for shorting plus can be very risky.
here is a chart 

https://www.tradingview.com/x/rqk8KEn2/
What's a good put strategy?

https://www.bloomberg.com/news/articles/2018-09-20/cannabis-is-the-new-crypto-as-news-mentions-spike-with-shares?srnd=premium
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online gozalim

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Re: Stocks
« Reply #3234 on: September 20, 2018, 01:36:49 PM »
DCTH
care to clarify their current 'subscription rights' offering?

Offline Zevi16

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Re: Stocks
« Reply #3235 on: September 20, 2018, 09:01:55 PM »
What on earth happened on that conference cal with MU?

Offline ludmila

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Re: Stocks
« Reply #3236 on: September 21, 2018, 02:12:18 AM »
What's a good put strategy?

https://www.bloomberg.com/news/articles/2018-09-20/cannabis-is-the-new-crypto-as-news-mentions-spike-with-shares?srnd=premium
After the drop from $300 to $176 I personally will leave it alone for now. I,ll wait for a better entry opportunity.
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline ludmila

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Re: Stocks
« Reply #3237 on: September 21, 2018, 02:17:22 AM »
Are people here investing in metals?
Yes, if for long term, platinum and silver are the best plays. Platinum is dirt cheap. Palladium has been the best performer so far, never in history Palladium was $250 more than Platinum, and Platinum $400 below gold. I sold all the physical palladium I bought for $300 -$350 years ago and buying platinum bullion and coins on every dip. This is a long term holding, when I want to trade the metals I use futures.
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline Zevi16

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Stocks
« Reply #3238 on: September 21, 2018, 09:19:03 AM »
Was this a RS?
« Last Edit: September 21, 2018, 09:45:27 AM by Zevi16 »

Offline gubevo18

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Re: Stocks
« Reply #3239 on: September 21, 2018, 03:52:34 PM »