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Thanks of the information. This is great news for MJ stock prices.
Someone mentioned this before and here's the news article from Marijuana Business Daily out Rhode Island.
November 24, 2015
Canadian Officials Want Cannabis Sold Through Liquor Stores
www.mjbizdaily.com/canadian-officials-want-cannabis-sold-through-liquor-stores/
Totally agree, legitimate opportunity indeed. Investors need to wake up and smell the real MJ.
Since you are a MJ penny stock veteran, your thougths on OGI.
You are correct for us U.S. folks, however; finding a venue thats open is the problem.
However again, even though the Canadian market is open, we either reap the reward of a positive Canadian market, or suffer during a negative Canadian market.
In this case, we are reaping the rewards.
.24 cent gains so far on the Canadian market equate to about .17 cent gains for in the US. (when the market opens tomorrow of course - open only until 1200 noon EST).
I love seeing my stock grow overnight lol.
GO CGC!!!!!
Thanks CurlyFries44.
It looks like whatever news that was released had positive effects for OGI and CGC. I'm in both so I love north signal.
GO OGI and CGC!!
Yes, it will be interesting to see my pot of gold grow during non-trading hours.
GO CGC!
beambe - say it loud, NBG long!!!!!!
Historically speaking, for the NBG. Check out past performance R/S.
JJ8 - Totally agree with you. However, we can mitagate risk with tools such as technical indicators and news releases.
GO NBG!
"none of you can reach me the water-
beambe is too smart"
Your obvious is not apparent to the rest of us trading on this board. If it was you wouldnt be here with the rest of us.
No pun intended.
I know... In a situation like this, absolutely nothing is guaranteed.
Technical indicators suggest great support, however resistance is another question.
The more money the shares a worth, the less shares they have to sell. This is going to .38 today, and will probabley hit .60 before the R/S.
I just wish i have more money to pump in this stock.
GO NBG!!!!
I dont think they have a choice. They are still short on money arent they?
After reading all the online literture, one thing is for sure. NBG stock is going lower after the R/S.
WHY - Historically (2000-2015), the facts state after every NBG R/S, the share price drops.
Sorry to hear that John, I'm currently holding strong since .41 and I'm not selling for a long while - no different than CGC.
One organic, one not.
Best of luck to you all.
I'm willing to bet this stock one day will be considered a blue chip stock. $$$$$$$$$
Definition of a bluechip stock - well-established and financially sound company that has operated for many years. A blue-chip stock typically has a market capitalization in the billions, is generally the market leader or among the top three companies in its sector, and is more often than not a household name
And it will be nice to see it go up again.
Just more additional information on the US version of CGG.
USAA also offers the opportunity to trade international stocks and they charge 7.95 a trade. If you are trading with them for the first time, your first 25 trades are actually free.
I also live in the U.S. (Maryland) and have been trading MJ stock since Feburary of this year. I actually brought OGI (US version - OGRMF)stock in July and brought TWMJF in Aug or Sept for $1.77, later at 2.03, again at 2.77 then after it dropped at 1.69. So, as you can see I'm in it for the LONG haul/run. So much so, I'm not going to sale for another 3 or so years because I truly believe in the company and see the potential (simular to GWPH). Hopefully by then I'll see prices like $75.00 a share.
My only fear is that the US to CAN exchange rate is equally rewarding.
Good luck to all and I wish you the best.
GO CGC GO!!!!!!!
Pissed beyond belief.
We may get a few pennies back tomorrow as a result.
GO CGC!!!
Great suggestion. Just brought a 1000 more shares on the U.S. market at 1.70
It rallied then pulled back a little. Regardless, a good day of trading. Hoping for a bull run on out.