I have been posting in the big boards, but I guess it is better to post in here? I have positions in all of the following: VERU is hot today, I got in earlier, it was a cancer drug that may be able to prevent Covid Deaths. - currently up 50% today TLRY is flying the past few days, - currently up 40% today MJ (ETFMG) it is an ETF for pot stocks, moving with all the pot stocks, great way to play the sector and not risk 1 stock - currently up 14% today
Considering how much business that President Joe Biden and his family do with China.. I'm investing in Bank of China.. symbol BACHF. 4 years in office I'm confident that this stock will go up lol Watch "RIDING THE DRAGON: The Bidens' Chinese Secrets (Full Documentary)" on YouTube
TLRY is flying premarket - up 25% today MJ up premarket - up 12% today VERU up premarket - up 20% today with earnings reporting premarket I am adding to my pot portfolio this am, as all of the following up are up premarket SNDL up 24% premarket @ $2.05 THCX up 15% premarket @ $29.75 TCNNF (OTC) @ $50.31 ACB up 15% premarket @ $18.05 APHA up 23% premarket @ 18.01
All i can say is pot stocks, pharma, and bitcoin is the place to be right now. i am heavy on pot stocks and it is paying off nicely. My strategy is to put a large chunk on the etf (MJ) and then spread much smaller amounts around on the individual ones. This way if they go up they all go up they all go up, if one takes a hit the ETF should hedge slightly, and if I miss one of the pot stocks the ETF (if it is in the portfolio) should go up as well. So far so good, except they are all going up
I have concerns on Bitcoin. Tether, which is a stablecoin that many off-bank exchanges use, is printed from thin air yet claims to be 100% backed by actual dollars. Its a long story, well worth the google if you are interested. Long story short, Tether is responsible for a huge chunk of BTC's average volume: The AG of NY is investigating them for some shit, its likely they print out Tether that is not backed by anything. This would be a serious issue if charges are laid down. Just putting out there so people are aware that there can be bumps in the road ahead.
two years ago i took a ride on the pot stocks, and it fizzled, hoping we are over the hill here and this is not going to fizzle with all of the medical deals taking place and bills getting passed.
FOMO can be a persons worst enemy, greed is your enemy. I respect what you are saying 100%. The whole point of this site is to help people by educating them to make better decisions.
Always a late day selloff on big runs no? Late day sell on everything or something in particular? @anotherdevilsadvocate
Tilray running back to high for the close Sundial i added some more on the dip MJ heading back to the high for the close Pot stocks still printing money, ride the green wave.
Cannabis stocks soar as Reddit crowd that spiked GameStop jumps in, Tilray surges 45% (cnbc.com) Was bullish on pot stocks but now I am a little worried seeing a headline like this
That will definitely make it more volatile and increases the risk of the brokerages/clearing houses starting to get involved, but long-term it can't hurt. The key will just be to lower risk by selling off parts of your profit on the way up.
Yep I guess I will just need to watch those stocks more closely due to the possible short term volatility
