InvestorsHub Logo

RULiquid

10/09/14 7:59 AM

#485 RE: mick #484

true then again many are down 75% from March >>>

"Pot stocks have become such a downer.

Many of them have plunged between 75% and, yes, 100% since the spring. Colorado sparked a mini “bong boom” on the pink sheets earlier this year when it became the first state to let you buy pot for fun. But for many investors the high is very much over."

There are plenty of reasons for that — including speculative nonsense, the launch of so many fly-by-night penny stocks, and the slightly awkward fact (from the point of view of anyone hoping to profit by selling pot) that people who want to smoke it can, technically, grow their own at home very easily.