Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Maybe I bought a little early, maybe I didn’t. We shall see though which one performs the best for me.
Again, it all comes down to when will this pop. Will it start early November??, or will it be closer to the new year. Only time will tell.
We shall see if a rush of buyers comes in early November like it did in October:
You can be part of the scam now or get scammed next year.
If HEMP hasn’t hit its low yet, we aren’t too far off. Get your shares before December so you aren’t one of the suckers come January/February.
Then you did better then me.
That’s great money, it all depends on how much you started with. I started with $50k so I made 3x, which could have been higher if I spread it around more or sold at a better time. I was all in with 2 stocks last year.
Obviously you can’t post other tickers but if you look at most posting history you’ll get a general sense of which ones I like going into next year. I already bought 3 out of the 4 including this one, just waiting a while longer on the 4th. If you ever see Ace post, he was my partner in crime last year. He sold at the perfect time, 1 week before elections. I held until the week before Sessions was sworn in.
Nice. Last year I made $100k and a friend of mine made $40k. We are back at it again this this year, but with a few more people on board. It’s easy money when you know when to buy and when to sell.
Financial reports mean nothing for MJ stocks. The stocks that end up doing to best during MJ sector runs are those with a low PPS. HEMP is poised to be a good one. Buy before December if you are holding out for better prices. This thing will jump from .01x to .03 within a few days. The closer we get to the New Year the greater the chance of that happening.
All MJ stocks are scams/junk/share selling schemes/diluted.... yet they always make people a ton of money on their big runs. Buying now guarantees you a profit starting next year. But is it possible to get shares at a better price?? Of course. But what is the bottom and how fast will this goes up on its first run remains to be seen
November could just as easily be a bunch of red weeks as it could be a bunch of green weeks. But come December, your shares are golden.
As far as when are the big runs going to occur.
November - possible
December - probable
January - guaranteed
I give you props for your persistence. I assume you’ve been around here long enough to know how it works. Dilution always occurs for every MJ stock, yet it mysteriously goes away at certain times. Hmmmm I wonder if one of those times is coming up ??. Nah couldn’t be December-February.
Yes, much less shares
HEMP poised to start a small run come early November.
Just like my last 2 posts, these shares at these prices won’t last long :)
And for those that post about revenue, want to guess how great the revenue was for this company during each spike in price?? About the same as it is today. Revenue is a tool used by posters to try and drive the price down. No MJ stock has great revenue, but it’s not needed for massive spikes to occur like the one coming up.
Agree, the price is most likely dropping because of diluted shares being sold. It’s just most of the doom and gloom posters on any MJ board are shorters or those looking to buy at cheaper prices. And in the same respect those who post positive info, or cheerlead for the price to go up already own stock.
The shorts realize there isn’t much time left and want to squeeze every last fractional cent out of this stock before they buy back.
I wouldn’t be surprised if we see a surge in volume again in early November. We are getting closer to the day you won’t have to worry about big drops in prices. December should be fun, then January/February where the real money is made.
Share prices may go down a bit more, but your odds of doubling at the current price are at least 90% and triple or greater around 50%. If you have shares right now, you got them at a good price for the run. The only thing I’m looking for now is news on the Rohrabacher-Farr Amendment. If it’s in the budget, then sky is the limit. If not, that should take away from the highest of highs next year.
Just reading your two messages it seems that you are interested in a long term investment or possibly you have not had a lot of time investing in penny stocks, though I could be wrong. I will keep this as short as I can. I don’t know a single sector out there that follows patterns as well as the MJ sector. Around ballot initiates and the implementation of those laws are the greatest spikes for most MJ companies. Revs don’t mean a whole lot down here when the stock is going up, but they are a great tool to drive the stock back down. I like the fact that they are potentially saving up all there PRs during the frenzy. It increases the ceiling for the price of the stock come Jan/Feb. At this moment right now, I tell people, putting money into MJ companies is equivalent to betting $100 on a football team that is a 15 point favorite: if your team loses then you lose $50, if your team wins then you either win 2x, 3x, 5x, or 10x your bet. Any bettor/statistician/.... would tell you to take that bet every single time. You want hard facts and evidence that would support your reasons for investing in a company like VAPE, and you aren’t going to find them. These are amazing plays if you aren’t looking for a long term investment. The only thing you and I should ever care about is increasing our money. Whether you see it as logic or not, purchasing right now (as long as it’s not a long term investment) will increase the amount of money in your bank account come February.
HEMP will be a good stock to own. Might not have the tremendous upside as a few others, but for where the price is now, you should be able to make quite a significant increase. Should easily be in the top half of MJ stocks come next year.
Nice little run today. Just gearing up for the big ones. Once December hits, should be smooth sailing. If you are buying now and hold until Jan/Feb you will be be a very happy person. VAPE is doing a great job unlike a lot of the other MJ stocks in the fact that they have stayed relatively silent. Too many others are trying to push their fake PRs.
The article is a month old, but it's a good read on which other states could potentially legalize Rec/Med MJ in 2018.
https://www.leafly.com/news/politics/all-the-cannabis-legalization-measures-in-play-right-now
Out of all MJ stocks VAPE will more than likely be one of the top 5 highest percent interest gainers come Jan/Feb. It just went up a little right now which is nice. Big runs are on the horizon. Don't be surprised if early November is one of them.
No need to buy for a while. Most CA MJ companies are going to sell as many shares as they can before January. It sucks for them in a way because they have no bank to go to for loans. So guess where all that money is coming from to try and close out deals and prepare for 2018. Because the government screwed them over, they in turn have to screw you over to pay for their operations. When you know when to buy and sell you can make a killing. But if not it's like watching a horror show. This is their one chance to get it right.
I was going to post yesterday but knew someone who had a position here so I didn't want to, but he sold today. What happened yesterday was 2 insiders selling to each other. They lose no money doing that and create a lot of hype around this stock (You don't go from 800k volume to 350+million in a few days). Then they come on ihub and post things saying "big things are on the horizon", "wait till you hear the big news that's about to come out"... things like that. Then those that didn't have a position or just a small one, buy more thinking this will take off. And then BOOM, those insiders sell off and make easy money. Now if you already had shares and sold today then that's amazing. It's not why the stock goes up just if it does or not. But for those that bought at .0004 or .0005, well then oops. You were on the wrong side of this. Shares in this stock are fine to own at .0001 or .0002 but nothing higher.
It's funny, because that was my original intent, pay a long term capital gains tax vs short term capital gains tax. But after looking at every MJ stock and how it performed in long run I decided it was smarter to just pay the short term tax and sold the week before Sessions was confirmed. It sounds good in theory but ends up bad in reality.
I'd be mad too if I held onto this stock for too long and made no money. Don't worry Darek I'll be right there with you some time in November/December. My honest opinion is that this stock still has a ways to go until it reaches its low. And judging by your reaction, you seem perfectly fine just riding it out.
December is close enough to legalization. Early November may see more buying volume, but probably act the same as October. I just dont expect enough buying vs insiders selling and people trying to short these stocks. And news hasn't done a whole lot for any of these stocks recently. The only thing moving these up will be Jan 1 and it's not close enough yet. People are being patient to buy at the right prices.
No matter what price range PHOT is at I just don't see it making a big climb, and with so many other MJ stocks out there I would say put no more then 10%-20% of your total MJ money into PHOT. The risk/reward just isn't there, even if it's in the .002s or lower.
Pretty much each MJ stock is going to have to weather the storm for 6 more weeks. Once we hit the last week of November into December it should be clear skies, meaning no more bad price drops. The only question is, how bad will the storm be these next 6 weeks.
Exactly, why send out a fake PR right now. All the people buying and selling right now have been here a while and know each one is fake. I hope they are saving a few of their best fake PR's for January when a flood of new investors, who know nothing about GRNH, come in and believe them all to be real.
Here comes .0007
The run the last 2 weeks was artificial, sell while you can for .0011 or .0010. The real run won't happen until December. VPOR goes the way of the MJ sector and everything is down and will continue for a while longer. Yes January will be amazing, but October and November will not be.
2 billion A/S?
I could see this back around .001 - .0011 by next week. It's a real possibility the run doesn't start until December. i would love to scoop up some shares around .0007-.0008. But if not there are a few other MJ stocks I like just as much. Best of luck to all those who bought recently, you are close to a guarantee of doubling up at the minimum. Just don't get stuck in the "I'm long" group. Sell before April of next year and collect your money.
They purchased a tile flooring company??? You can count me out then. If you go away from MJ then this is just some random penny stock with no upside.