Boiler Room: The Official Stock Market Discussion

Controversy

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I consolidated my portfolio to just these over the past few weeks:

TSLA (EV) :blessed:
DRIV (EV) :jawalrus:
ARKK (Innovation) :whoo:
ARKF (FinTech) :smugdraper:
ARKQ (Robotics) :banderas:
AAPL (IT) :unimpressed:
ICLN (Clean Energy) :smugfavre:
PLUG (Clean Energy) :wow:
SPLG (Index Fund) :russell:
GNOM (Biotech) :takedat:
RTP (Gaming SPAC) :ld:
CCIV (EV SPAC) :lupe:
 

25YOUTHS!!

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I was sitting earlier today debating rather to just go ahead and jump onto Tilray now. I'm under the assumption once marijuana is legal companies like Altria and Phillip Morris may buy out the MJ companies....But until than I'm thinking of hopping onto Tilray.

I also have a theory that companies Like Exxon and Chevron will also do the same thing with alternative energy by purchasing the companies that may make the most noise in that industry.

Do you think that the Tilray merger will make them the leader as far as marijuna stocks with high growth potential? kind of like getting in on coke or pepsi early?
No doubt they’ll be leaders based on size alone. If there’s legalization and they can use leafly as their own personal marketplace the potential is huge.
If the Canadian weed stocks after legalization are any indication of where things are headed I expect crazy volatility so be ready to hop out at any time.

I don’t think you can compare to the tobacco or even alcohol market tho
 

mannyrs13

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Here's some info I posted last week.

I'll give y'all a penny stock I'm holding but proceed at your own risk. I got it randomly so not like I spent lots of time studying. Seems like a decent concept but it was so cheap for me that it didn't matter. Its called VNUE. Its like a music technology company. Here's a video I saw posted on twitter when searching the ticker just now.



Basically it allows music venues to run an app that allows people to get deals while in the venue and has a machine connected to the dj booth that tracks music played and can help calculate royalties and revenue. Likely to get more business when covid gets better and clubs start opening back up, even tho I think down here they have already. :francis:

Here's the about us link on their webpage.

About Us — VNUE

It's currently at a penny. .0127 so nothing big. I don't know what I got in at but it was 4500 shares and my total cost was 1.80 so it had to be ridiculously cheap. Right now my current value is 57.15, which is 3,075%. Granted these pennies can run up like that and have huge percentage gains for starting so low but still a decent return so far. And with only 1.80 risked, its not a stock and worry about. Might even throw in another 5 bucks or whatever can get me the 5500 shares to reach 10k. Hopefully this thing reaches $1 or close to it but its treated me good so far. Looking at the chart now it seems to be doing a bullish triangle pattern. Here's an example for those that don't know what that is.

symmetrical-triangle-pattern-diagram.jpg


So basically it goes up then starts to get tighter as the pattern continues and then the trend resumes when it reaches the breaking point. Could go either way tho, not a guarantee, but its a bullish signal so usually means it goes up. Couple of the other indicators are also bullish. Looking at the chart, looks like it was $1.50 back in 2012. Don't know what happened or if they under new management or what business model they had but a repeat of that performance would be :blessed:



I'm just gonna sit back and see what happens. :manny:
 
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