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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@ayeyou@bullionaire Was in $OSK from $2.50 area and had a whack of warrants from .05 . At $5.00 a share I feel $OSK is fully valued here. Sold my OSK warrants and bought $TK at .37 . I dont know what I was thinking:))) I agree on smaller and micros having trouble getting traction and other than the half of $BFD I have not sold all of them are expendable imo. I own a bunch of $MEK which I think is a decent enough play but it is just going nowhere. Many others stagnant as well. Been selling them and buying quality.
@bullionaire@ayeyou Thats a pretty decent strategy.. I still have some very small ones, that have floated up to doubles and triples.. but not sure how much longer I want to hold them..Need to do something in this metals market (even if its a little sideways now in gold). Safer to be in quality and something that might turn into a mine... not just a land position..
@bullionaire@barracuda take the next financing then.. you'll have a warrant likely... take the warrant down then if its appropriate.. just an option..@goldfinger Biggest crux in China is access to their market... tit for tat now.. Theres a bigger benefit to protectionism, or increasing protectionism if the USA goes that route..
@bullionaire@allan two sided argument on that one.. sometimes justified to not spend a lot of g and a dollars on promotion, until something of merit transpires... not sure a strong argument... however, one needs to evaluate G and A spend of the company previously to determine the company's thriftiness... @stateside theres likely going to be a nice story on that one.. no idea on the ending.. when results come... just saying... lot of talk on mexico today.. gold silver and copper... a lot more than in the past... have a nice day.. or night..
@bullionaire@goldfinger No, just eliminate the creation of infinite paper gold.. then you have a real market.. just think of the possibilities if one could short any stock and not ever really be concerned with the possibility of covering.
@bullionaire@racker Ive been saying for a very long time, that Canada or other states in the USA look to Colorado for guidance, not much new here in these studies.. Colorado has been recreationally approved for sometime, there is a load of data available in the government archives.
@bullionaire@rocket Med and rec weed will be more attractive in the USA, then in Canada, over the longer term.. Just my thoughts.. Im going to think that the USA, at least by its sentiment now, would rather produce and sell its own med and rec weed from domestic sources... Interesting to see how NAFTA changes over time, as the med and rec weed business should be quite large over time.
@bullionaire@goldfinger I think more of that strong dollar feeling to do with perceived significantly higher rates coming from the FED over the next couple of years, attracting capital to the USA and of course increasing demand for the USD.
@bullionaire@dirk Ill let you put your buy orders.. I like it down south mexico.. and market is moving towards larger companies.. If you like cheap.. theres still around 400 TSXv companies trading less than 2M market cap CDN..