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bnew

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just YOLO'd $218 on CBDS, a biden win might shake up the entire industry.
 

Pyrexcup

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just YOLO'd $218 on CBDS, a biden win might shake up the entire industry.
I've been mentioning cannabis stocks in here a couple of times but not gotten any response, i dont live in the US so have no real knowledge of the industry and whatever. what i've been thinking since a stupid amount of money has been printed seems like cannabis would be an easy way to recoup some of the money by adding a shyt ton of tax and at the same time creating new jobs
 

bnew

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I've been mentioning cannabis stocks in here a couple of times but not gotten any response, i dont live in the US so have no real knowledge of the industry and whatever. what i've been thinking since a stupid amount of money has been printed seems like cannabis would be an easy way to recoup some of the money by adding a shyt ton of tax and at the same time creating new jobs

all these states have a tax revenue problem, making cannibus legal would ease their budget shortfall.

look how much colorado tax revenue managed to get from making marijuana legal.

Marijuana Tax Reports | Department of Revenue

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now if new york were to legalize it then the tax revenues it's first year could easily exceed $200 million.

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U.S. States comparison: New York vs Colorado 2020
 

Reign X

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Bought some very.cn . Needed more non-tech plays, its a spec play but FE started me down the path of looking into it. Obviously went small with it.

Up 20% today and about 30 since I bought on Friday.

Got some cash waiting on a dip for other stocks. Wish I had more cash though.
 

Macallik86

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There is a market podcast I listen to that is dope. The episode goes into what it means for the markets, but here is general breakdown of their expectations around potential scenarios:

Special Edition - US Election Countdown - Saxo Market Call
Scenario: Murphy’s Law "The Train Wreck"
As I noted in my Election Countdown piece yesterday on whether the major polls and I have the situation all wrong and this Election could prove as close – or closer in electoral college terms – than 2016, then Pennsylvania is the likely key state that makes the difference – in which case the electoral college vote would likely look like what you see below. In this scenario, the only difference is that Michigan and Wisconsin flip back to the Dems with a nail-biter outcome in Pennsylvania. In such a scenario, Biden would likely win by an even larger popular vote margin than did Clinton. The situation in Pennsylvania, with suits and countersuits on whether mail-in votes can be counted a certain number of days after the election and other issues, together with a tardy counting process and low early voting totals means that if the election hangs on the outcome in Pennsylvania, we will be in for the ugliest, drawn out contested election scenario imaginable. Even a theoretical “result” of vote tallies might not be the final word. Let’s hope it doesn’t come down to this.

Scenario: Minimal Blue Wave Base Case
The map below is the likely minimal margin required by the Democrats to both send Biden over the top and to win a 50-50 for Dems in the Senate (with VP Harris casting he deciding vote) – from the current 53-47 – as the Dems are likely to lose an Alabama Senate seat, but win seats in Maine, North Carolina, Arizona and Colorado.
Scenario Three: Blue Tsunami
In this scenario, far stronger than expected turnout and polls overfitted for the 2016 election fail to register the surge in young voters in particular and we get the most lopsided results in the electoral college since 1988. The below map would be a political earthquake with Texas as the chief prize for the Dems (the 2020 census and political district redrawings and new electoral votes added there from population growth and in Georgia would further erode the traditional Republican base). This kind of result would make for a far more powerful Democratic mandate to do everything from massive stimulus to Supreme Court packing and adding Puerto Rico and Washington DC as new states, etc.
 

Rickdogg44

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Pyrexcup

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FabTrey

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Looking at Nio I should have never sold it. I was paying between $10 and $7 a share. Dumped it all a while ago.

i was trading NIO in $2-$4 range breh. and then LK happened, so china stock scared da shyt out of me. :wow:


i got it for my m1 and i'm just gonna keep it for at least next 5 years and see how it goes.
 

bnew

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i was trading NIO in $2-$4 range breh. and then LK happened, so china stock scared da shyt out of me. :wow:


i got it for my m1 and i'm just gonna keep it for at least next 5 years and see how it goes.

how'd it get on your radar?
 
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