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Re: None

Monday, 12/12/2016 6:03:34 PM

Monday, December 12, 2016 6:03:34 PM

Post# of 51845
If you are investing $20k or more, this is the month to purchase. Back in 2012 when CO and WA legalized there was a spike in MJ stocks but nothing too crazy. The biggest spikes were in Jan-Feb, 2013 and Jan, 2014. With most stocks having there biggest spike in 2014. Although I'm not sure what caused the 2013 spikes, the 2014 spike occurred because that is when CO MJ laws took effect,(I believe it took WA a little while longer). The hype around stores opening up drove up most of the MJ stocks to there highest point. Now take us back to today. Just like 2014 was the highest most MJ stocks got to, 2018 looks to be on a similar path with I believe CA, MA, and NV having there laws going into effect Jan 2018. If you buy now, and these stocks follow a similar pattern as that with 2012-2014 then you will be selling as a long term capital gain in 2018 and pay a lot less in taxes. I bought back in Sept and wont even think about selling until 2018.