Stocks

[davidrotts63]

https://www.bloomberg.com/news/articles/2018-09-18/tesla-faces-u-s-criminal-probe-over-musk-statements?utm
 
 @Dan

[Dan]

https://www.bloomberg.com/news/articles/2018-09-18/tesla-faces-u-s-criminal-probe-over-musk-statements?utm
 
 @Dan

Yes?

[davidrotts63]

Yes?

https://www.dansdeals.com/miscellaneous/1-day-left-buy-tesla-unlimited-free-supercharging/#comment-1375535
A short may have been the move.

[ludmila]

https://www.dansdeals.com/miscellaneous/1-day-left-buy-tesla-unlimited-free-supercharging/#comment-1375535
A short may have been the move.

Needs guts to short a stock like TSLA,options is the way to go with such a volatile stock.

[infam]

How are you preparing?

What time line are you giving it?

Every year they call for the top of the market.  Can someone honestly call the last one out of the thousands of green candles?  Honestly you are statistically much better betting with the trend than against it.  Look for signs to get in the market (not out) until the market gives you a clear signal to show that it is turning.  Doing it any other way is asking to lose.

[Boruch999]

Needs guts to short a stock like TSLA,options is the way to go with such a volatile stock.

+1.

I made money with a put buy day after the going private tweet.

[ludmila]

+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/

[Zevi16]

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 it’s at its peak.
I’ve 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 didn’t have a limit sell

[Ephraimh]

Investors for some reason treat Marijuana stocks as if they’re 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.

It’s 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, can’t help myself) P/S ratio for a stock that even given today’s FDA approval only advances them with a super micro baby step towards winning and becoming that big brand that’ll eventually have to compete with the big boys like Constellation and Coca Cola and others who’ll 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 it’s a new sector with money to be made, but so was the internet, and we know how that ended.

[davidrotts63]

Investors for some reason treat Marijuana stocks as if they’re 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.

It’s 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, can’t help myself) P/S ratio for a stock that even given today’s FDA approval only advances them with a super micro baby step towards winning and becoming that big brand that’ll eventually have to compete with the big boys like Constellation and Coca Cola and others who’ll 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 it’s 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.

[Ephraimh]

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, it’s a goldmine for trading (if trading can in fact be called that..).

[Zevi16]

Investors for some reason treat Marijuana stocks as if they’re 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.

It’s 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, can’t help myself) P/S ratio for a stock that even given today’s FDA approval only advances them with a super micro baby step towards winning and becoming that big brand that’ll eventually have to compete with the big boys like Constellation and Coca Cola and others who’ll 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 it’s 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?

[Ephraimh]

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 it’s still so early?

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

[ushdadude]

Are people here investing in metals?

[ExGingi]

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

[gozalim]

DCTH

care to clarify their current 'subscription rights' offering?

[Zevi16]

What on earth happened on that conference cal with MU?

[ludmila]

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.

[ludmila]

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.

[Zevi16]

Was this a RS?