Anyone buying marijuana stocks?

[ViShawn]

Had to pause that sell. In the pre-markets CRON and ACB are up big. I'll monitor for a bit after the market opens then sell to maximize. CGC had good earnings and people are buying weed stocks again.

You're selling CRON and ACB? I will wait to sell CRON depending on earnings. I'm at a slight loss with ACB but I sold most of my shares at a profit and bought into CRON a while back.

 

[winb83]

You're selling CRON and ACB? I will wait to sell CRON depending on earnings. I'm at a slight loss with ACB but I sold most of my shares at a profit and bought into CRON a while back.

I sold enough of both to get back my initial investment. My remaining shares are mostly all profit so I won’t actually lose any money on the investments.

 

[ViShawn]

I sold enough of both to get back my initial investment. My remaining shares are mostly all profit so I won’t actually lose any money on the investments.

I just think CRON > ACB but that's just me. Curious to see how CRON does in earnings next week.

 

[ORDER_66]

Any of y'all heard of Cyclacell Pharmaceuticals??? $CYCC they are in competition with Cormedix but analysts predict that they will have the higher earning capacity with their products way higher than Cormedix... @Tug life @Stormbreaker
Good news they on Robinhood at 0.79 cents...

I'm looking into them, might be a nice way to hedge some bets...

 

[Tug life]

Any of y'all heard of Cyclacell Pharmaceuticals??? $CYCC they are in competition with Cormedix but analysts predict that they will have the higher earning capacity with their products way higher than Cormedix... @Tug life @Stormbreaker
Good news they on Robinhood at 0.79 cents...

I'm looking into them, might be a nice way to hedge some bets...

Volume is way too low for my liking and it only has a market cap of 9 million I would need to know the upcoming catalyst in order to take a shot a this

 

[ORDER_66]

Volume is way too low for my liking and it only has a market cap of 9 million I would need to know the upcoming catalyst in order to take a shot a this

I feel you...

I'm still learning the ropes explain by what you mean by a low volume?

 

[Tug life]

I feel you...

I'm still learning the ropes explain by what you mean by a low volume?

Volume is just how many shares are being traded, bought and sold. If a company has low volume it makes it hard to sell shares because their isn't enough buyers. Also share price can move in either direction very sporadically because of low volume I typically try to invest in companies that have at least an average of half a million volume. This doesn't make a business good or bad its just that it has very low attention and can be hard to trade

 

[ORDER_66]

Volume is just how many shares are being traded, bought and sold. If a company has low volume it makes it hard to sell shares because their isn't enough buyers. Also share price can move in either direction very sporadically because of low volume I typically try to invest in companies that have at least an average of half a million volume. This doesn't make a business good or bad its just that it has very low attention and can be hard to trade

Got it...

 

[ViShawn]

Are we seeing a rally for Cronos now?

 

[ViShawn]

@Tug life CRON's earnings call today...

 

[Tug life]

@Tug life CRON's earnings call today...

Robinhood says February 28th now

 

[ORDER_66]

Robinhood says February 28th now

It's crazy how much you think it's gonna spike??? or is it gonna crash??? I sold my Cron too early!!!

 

[winb83]

Are we seeing a rally for Cronos now?

I think I might exit my CRON position. I’m at 50% return on investment. That’s a great profit.

 

[ORDER_66]

I think I might exit my CRON position. I’m at 50% return on investment. That’s a great profit.

Why are you selling? you think the bubble gonna burst???

 

[winb83]

Why are you selling? you think the bubble gonna burst???

Because I have great profits at this point and this is pretty volatile. I feel like I've made about as much as I can ask for off a speculative play.