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StockJunky

12/04/14 12:45 PM

#30190 RE: pennyking130 #30189

Historically EAPH and some other MMJ stocks have spiked during a santa claus rally (newbies using money from their Christmas bonuses)
We might spike again.....
IMO - the spikes in January and February come from two sources...
1. Some are people who are actually in the MMJ business already - who have cash on hand to "reinvest" (why not?)
2.Newbies who run to HR Block and get their tax rebate checks and invest in a "dream" OTC company (they learn the hard way - they either lose their money or they become "longs")
A lot of us made some good money on MMJ spikes last year...
The simple truth is - marijuana is still a cash business....
Every one of these companies is a crap shoot.....
Check out "Pot Barrons Of Colorado" -a new series just started on cnbc......