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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.
@shabbaranks@anonymous I see a continued decline. Their market and sales success is in the recreational market, and I think this is not around the corner, which will cause holder impatience. I think it is a $5 or $6 stock. I've been following them for a while, got in at the bottom and got out near the top. I'm looking to get in again, but not at today's price.
@shabbaranksNews release: I don't get it. Why take on other investors to share the wealth of your IP, particularly when you are well-funded, and throwing $7million to r&d shouldn't be a big deal. Anyone understand the strategy?
@VaughanI know you are right @racker. And that is the plan in general. My mistakes in trading this year were based on me selling before my targets were attained (because my target prices seemed somewhat outrageous). I had little faith in my own ability to pick accurate target prices, so always sold early. Made good profits, but missed great ones. $tck$az$cgc$fcx to name but a few, all sold way to early, negating my "great" timing. I never went broke taking profits, but didnt get rich either.
@cole119I agree anonymous, that $nxe hasn't remotely seen the mania, compared to something like $CGC as an example. Infancy is the proper term used by @BDMinefinder. And @newstracker not too late to get into NExgen. Sure you may have missed the 10-20 bagger stage but a very low risk opportunity for a triple or more in as short as a year. Very de-risked. Patience is all that's needed, and the cajones to go "all-in"
@J_autHey everyone, I'm new to the forum here. I wanted to ask what your opinions/views are about the upcoming Inuguration date and how that may impact the MJ stocks across the board? I have been doing a lot of research and still on the fence as to whether I should invest more cash into my existing companies now, or wait until after the Inauguration. I though that Canopy would have done well today considering the news, but instead all stocks are down across the board. Thanks for all the info, much appreciated. $CGC$EAT$ACB$APH$TNY
SEDI_botCanopy Growth Corporation $CGC just filed 2 reports. View full report: SEDI:CGC
@dzntzGot out of the cannabis space today. Was early in $CGC/$WEED and $MJN. Suspect the feds will push back legalization promise to next term if there is another term for the pretty boy. Space needs time to breath, extremely over-valued with significant negative pressure coming. Took long overdue profit. Will be watching closely moving forward.