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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.
@EpsteinResearch$GLH is attractive on EV/Revs basis vs. peers like $CGC, but the company said this quarter's earnings will be challenging. That's after last quarter's #s were not so hot. So, as is often the case, investors figure there's no rush to buy shares, while other holders sell for tax losses or to redeploy capital elsewhere (like in other hot MMJ stocks)...
@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