Investing and DUE DILLIGENCE required before investing in OTC related stocks - Page 5 - Cannabis Business Network - International Cannagraphic Magazine Forums

Dkgrower · 01-01-2015, 06:07 PM

The only way to make money on such shady stocks would be to speculate in them heavly and sell them on the up.. but since most of the companys dont really have any potential to show its gonna be darn hard to make them stocks rise...

The more pepol want to buy a stock, the value will rise... so some 1 has to show that they can do well or real investors will stay away and small time investors will most properly be the only 1 to invest and then lock there money in a newer ending tail spin to final liquidation, where the only pepol that really make any money is the original owners..

RubberBand · 01-02-2015, 01:36 AM

Investing in marijuana stock is as risky day trading in the late 90's.
If companies like Medbox aren't stable, you might as well forget about these penny stocks.

This industry hasn't had the legs to run on long enough to be secure. Give it another decade, then you might be wise to invest. Until then, stick to something established or at least something new that will be more or less stable.

You are committing financial suicide investing in pot stocks.

sourpuss · 01-02-2015, 02:01 AM

Quote:

Originally Posted by Lefthand

I threw $500 at FITX stock, I bought at .06 it went to .12 now its at .015.
They are a pump and dump stock, in the past year their biz partners have had their trading suspended, they have been unable to acquire their grow license and have had their CEO get rich dumping his stock and is being investigated. Today they announced a new CEO.. Let the shit show continue...
OTC=cheap potential buy in. I did it more as education because I do not know the stock market and am ok with cheap lessons..

Hey u took a risk..... only lost a bit... imagine the suckers who really put some coin down....

Nugrogirl · 01-03-2015, 09:35 PM

There are a few stocks that are legit and non dilutive. It's like buying anything else, you do your research. Companies like CGRW will continue thrive and the others will continue to die off, which makes it even better for the real companies, as the playing field narrows.

RubberBand · 01-05-2015, 12:41 AM

Invest in already established companies that existed before the legalization of weed. Those are the companies reaping the benefits. Lights, fertilizers, potting, etc.

Marijuana specific shit is a penny stock. I'd imagine Sylvania CFL's have been seeing 10x the business in the last 10 years than most in the lighting industry.

I laugh at anyone throwing money in to anything marijuana related JUST BECAUSE it references marijuana in it's business model.

EclipseFour20 · 01-05-2015, 12:48 AM

Rubber...we call those: Pick and shovel companies.

RubberBand · 01-05-2015, 01:07 AM

Ha! Touche Eclipse.

Read your first post in this thread and I must say your questions are extremely relevant to this topic.

It's worrisome that some would invest without your experience.

Nugrogirl · 01-05-2015, 09:08 PM

There's your pick and shovel companies, then every once and a while there's CGRW...a Beast!

valueseeker · 01-06-2015, 02:54 PM

Quote:

Originally Posted by Nugrogirl

There's your pick and shovel companies, then every once and a while there's CGRW...a Beast!

It is certainly behaving like a beast for sure. pop... consolidate... pop... consolidate

Wednesday the 7th will be a milestone event for the stock... Art is probably really jealous

EclipseFour20 · 01-06-2015, 03:01 PM

IMHO, BRK-A is a beast of all beasts.

01-05-2015, 12:41 AM	#45
RubberBand Newbie Join Date: Nov 2014 Location: Really? Posts: 27	financial death stocks Invest in already established companies that existed before the legalization of weed. Those are the companies reaping the benefits. Lights, fertilizers, potting, etc. Marijuana specific shit is a penny stock. I'd imagine Sylvania CFL's have been seeing 10x the business in the last 10 years than most in the lighting industry. I laugh at anyone throwing money in to anything marijuana related JUST BECAUSE it references marijuana in it's business model.
	Quote 1 members found this post helpful.

01-05-2015, 12:48 AM	#46
EclipseFour20 aka "Doc" Join Date: Sep 2008 Location: So Kalifornia Posts: 1,741	Rubber...we call those: Pick and shovel companies. __________________ Between two evils, I always pick the one I never tried before. (Mae West) *Nobody has a monopoly on good ideas! Nobody! (Kevin O'Leary)* *The more I learn, the more I learn how little I know. (Socrates)* *Somebody who agrees with me 80 percent of the time is a friend and ally, not a 20 percent traitor. (Reagan)* *Why are women are so uptight? They've got half the money and all the pussy. (DC Cab, 1983)* *If you think you know everything; you know nothing. If you think you know nothing; you know something. (Jayce O'Neal)*
	Quote 1 members found this post helpful.

01-06-2015, 03:01 PM	#50
EclipseFour20 aka "Doc" Join Date: Sep 2008 Location: So Kalifornia Posts: 1,741	IMHO, BRK-A is a beast of all beasts. __________________ Between two evils, I always pick the one I never tried before. (Mae West) *Nobody has a monopoly on good ideas! Nobody! (Kevin O'Leary)* *The more I learn, the more I learn how little I know. (Socrates)* *Somebody who agrees with me 80 percent of the time is a friend and ally, not a 20 percent traitor. (Reagan)* *Why are women are so uptight? They've got half the money and all the pussy. (DC Cab, 1983)* *If you think you know everything; you know nothing. If you think you know nothing; you know something. (Jayce O'Neal)*
	Quote

01-01-2015, 06:07 PM	#41
Dkgrower Senior Member Join Date: Jan 2007 Location: Copenhagen Posts: 1,258	The only way to make money on such shady stocks would be to speculate in them heavly and sell them on the up.. but since most of the companys dont really have any potential to show its gonna be darn hard to make them stocks rise... The more pepol want to buy a stock, the value will rise... so some 1 has to show that they can do well or real investors will stay away and small time investors will most properly be the only 1 to invest and then lock there money in a newer ending tail spin to final liquidation, where the only pepol that really make any money is the original owners..
	Quote

01-02-2015, 01:36 AM	#42
RubberBand Newbie Join Date: Nov 2014 Location: Really? Posts: 27	Investing in marijuana stock is as risky day trading in the late 90's. If companies like Medbox aren't stable, you might as well forget about these penny stocks. This industry hasn't had the legs to run on long enough to be secure. Give it another decade, then you might be wise to invest. Until then, stick to something established or at least something new that will be more or less stable. You are committing financial suicide investing in pot stocks.
	Quote

01-03-2015, 09:35 PM	#44
Nugrogirl Newbie Join Date: Sep 2014 Posts: 21	There are a few stocks that are legit and non dilutive. It's like buying anything else, you do your research. Companies like CGRW will continue thrive and the others will continue to die off, which makes it even better for the real companies, as the playing field narrows.
	Quote

01-05-2015, 01:07 AM	#47
RubberBand Newbie Join Date: Nov 2014 Location: Really? Posts: 27	Ha! Touche Eclipse. Read your first post in this thread and I must say your questions are extremely relevant to this topic. It's worrisome that some would invest without your experience.
	Quote

01-05-2015, 09:08 PM	#48
Nugrogirl Newbie Join Date: Sep 2014 Posts: 21	There's your pick and shovel companies, then every once and a while there's CGRW...a Beast!
	Quote