Thanks Dude61, glad to be here.
Agreed we are very early in the game which is why I sold back in late April. I figured the stock would bottom out, and there were other investments I needed to make.
Now that Cannabis 2.0 is close (but it will not be the great mover of stock price as I have heard that a lot of products may be delayed until late Q1) I am looking hard at different sectors.
My favorite stocks re Cannabis 2.0 are of course SRUTF but I also really like DTEA TGODF GTBIF and of course the CBD/HEMP pure plays such as CWBHF and CVSI, and extractors such as MEDIF NEPT.
I buy stocks based on management and niche. SRUTF has got everything I want in a company, long term, just waiting for more volume and for the stock to track hire for 2-3 days. If stocks fall I try and wait until there is a bottom via charting, but that is not an exact science to say the least .For me the safest play is to see higher than normal volume and the price increase, over a 3-5 day period (like CVSI, GTBIF, CWBHF and MEDIF are starting to show this week)
Right now my eye is on Extractors, CBD pure plays, and of course the beverage/edible players. The market is too AADHD for long term holds for me other than some cannabis stocks that have fallen from grace. The 5G and AI sectors have gotten so much hype and are all over the map. Telemedicine and gene therapy also have been all over the map. Right now the Cannabis sector seems to cycling back into play. I am also big on investing in Biotech but talk about risky.
SRUTF is very early in the game and I expect a BO sooner than later. Their technology is what I have been waiting for in beverage/edibles. Let's see what next week brings us.
If I were a betting man , I would bet huge on SRUTF and DTEA in the beverage/edibles market in Canada.
