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Stock Advice Thread

So I assume TLRY is done now, reach as high as $300 a share and then dropping all the way to $168 a share! Had to stop trading 4 times it was dropping so hard.

Of course that impacted other stocks and allowed me to get in at my price range I’m happy with!

Also bought into NBEV today.
 
I about pooped my pants in premarket, up so much, hit 8 bagger territory briefly, sold 50 sh, then seeing the big drop, unloaded 25 more sh at $212 at the close, still have 25 sh left out of the original 300 I bought. My profit in exactly one month is about $24,000 plus the leftover value of my 25 sh, though I’ll probably hold it. Thirty years of buying/selling individual stocks, will never top that over a one month period...dumbass luck simply because I trusted one of my former favs, STZ, knew something to pay so much for CGC.
 
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BlueRaider22 said:
Are they still anticipating a drop over the wkend for the pot stocks?
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Now the hard part, we actually have to invest to get the right stock, use a dartboard or buy the etf issued recently....may not be easy money for awhile.
 
Well I got in on CGC when I’d dipped below $50. Fully expect it to get between $75-100 a share.

The thing I don’t like about TLRY is that a private holdings group owns 76% of it. Doesn’t make sense to me, and that’s why I like CGC as the long term play.

I’m going out on a limb with NBEV, but analysts say it will be at $7.50 a share in the next few months. Right now it’s at 4.37 and I bought in just below that and at that price my buying power was on eeeek!

I don’t know how anyone can predict a drop over the weekend, at this point the colorizing is all due to stupid ass day traders.
 
lz said:
Now the hard part, we actually have to invest to get the right stock, use a dartboard or buy the etf issued recently....may not be easy money for awhile.
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Actually Peter Thiel’s fund is a group of all the pot stocks, and you can just buy into that to cover them all. Smart play if you don’t want to guess and be weong
 
krazykats said:
Actually Peter Thiel’s fund is a group of all the pot stocks, and you can just buy into that to cover them all. Smart play if you don’t want to guess and be weong
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I like your play by play on this stuff, krazy, rooting for you and will be following. I’m liking pet stocks, ELAN breaking away soon for a new issuance from LLY, many of those do pretty good on the front end.
 
lz said:
Now the hard part, we actually have to invest to get the right stock, use a dartboard or buy the etf issued recently....may not be easy money for awhile.
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Well right now it’s a 2-horse race. CGC and TLRY are easily the best future bet since the infrastructure is already so far ahead of everyone else. I think both will continue to rise (at least for a while) so might as well invest in both. If either ever do take off the way we think it will it won’t matter how much capital we waist in the other play.
 
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I’m honestly not sure, everyday I’m reading more and more into it though and find new information as to what’s what.

Also CGC is starting a new stock tomorrow on the tsx exchange.......but I’m not sure how TF to dig in early as TDameritrade doesn’t seem to have an option for it.

For now I’m staying pat with my 5 stock position.

EVOP, CGC, SENS, ACBFF and NBEV

Anywhere from a 100-200 share of each except NBEV I have 300 shares.


I’m keeping an eye on UBX though. If I jump on it I’ll have to cut some of my position in the ones listed above
 
CGC up, TLRY down, we’re “settling” into a normal, volatile pattern for what’s been the hottest sector. The animal treatment stock came out today, Elanco (ELAN), quickly zoomed from $24 to $34, all related pet stocks up today, PETX my fav, has a tie in with ELAN on a pill, they think they will get European approval, also rumors that ELAN might buy PETX. I’m doing nothing today, all time S&P high, we’re supposed to be correcting this month.[devil] I feel too much in Cash, yet don’t want to make foolish buys going into the election. I’ve accumulated some shares of the volatile gamer ATVI, anybody else doing anything?
 
Those buys or sells allow you to set your price

So if something is going down from $52 and let’s say you want to buy in at $49.50 you set that as your limit and if it drops that low your in.

That’s what I did with CGC when it was up to $55.....set my limit hoping it would come back down and it did.

Market is tricky. Imagine trying to get into TLRY 2 days ago when it went from 200 to 300.......you might have ended up buying in around 250 and be losing your ass now.

I learned that in finance class, limits are the way to go.

I have high sell limits on every stock I have right now, but may drop those because I like my picks are far as legitimacy goes on each company.
 
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krazykats said:
Those buys or sells allow you to set your price

So if something is going down from $52 and let’s say you want to buy in at $49.50 you set that as your limit and if it drops that low your in.

That’s what I did with CGC when it was up to $55.....set my limit hoping it would come back down and it did.

Market is tricky. Imagine trying to get into TLRY 2 days ago when it went from 200 to 300.......you might have ended up buying in around 250 and be losing your ass now.

I learned that in finance class, limits are the way to go.

I have high sell limits on every stock I have right now, but may drop those because I like my picks are far as legitimacy goes on each company.
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Thanks. Fidelity has a little "help questionmark" which I looked at. They said that when buying I needed to put down a price that was above the market price. I did so, but it didn't work. Then I tried a price that was below the market price......didn't work. So, I just said, forget about it and moved on.
 
Probably what happened was your price above market was below market when it was time to fill and no one would sell to you.

It’s gone up $5 a share in 2 days!
 
I love the stupid ass media. They hype up TLRY and all pot stocks for weeks and now they consider them all to be risky, far too risky to believe in.

Then everything I read and looked at for NBEV said they were in a solid positions with a very strong partner and looking to do nothing but grow..... then after 3 straight days of crazy increases for their $$$ market today at 4:15 an article is released that says they will go down the drain soon and poof people start selling after hours!

I’ll relictantly sell half at more than I bought in at to make sure I profit but for Christ sake a stock or company that is good and solid shouldn’t be going down the drain after 3 days of growth.

I get why TLRY plummeted, but this isn’t close to the same.
 
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krazykats said:
I love the stupid ass media. They hype up TLRY and all pot stocks for weeks and now they consider them all to be risky, far too risky to believe in.

Then everything I read and looked at for NBEV said they were in a solid positions with a very strong partner and looking to do nothing but grow..... then after 3 straight days of crazy increases for their $$$ market today at 4:15 an article is released that says they will go down the drain soon and poof people start selling after hours!

I’ll relictantly sell half at more than I bought in at to make sure I profit but for Christ sake a stock or company that is good and solid shouldn’t be going down the drain after 3 days of growth.

I get why TLRY plummeted, but this isn’t close to the same.
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Yep, he who hesitates....Cramer started blathering about ELAN before it was issued at $24 (which an analyst said was too high yesterday) you can bet that’s a big reason it ran to $34. I knew I had no chance once Cramer spoke and yes, krazy, tonight he will tell investors they should have “let it come back.” I’m better off in PETX anyway as they have news ahead hopefully about FDA and European approvals.
 
buckethead1978 said:
Petz is at $6.09 today. What do you think it goes to? I like looking at these less than $10 stocks since it doesn’t take much for it to go up in value % wise.
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Chinese company straight down since its issuance last September, high PE, ouch! Probably a long wait for profits just judging from way off. Cramer likes IDXX, seems overpriced to me, good pipeline and an established US vet products’ company, same for HSKA. I have PETX, still like it and KIN, whose pipeline has been slower to develop than I hoped.
 
lz said:
I about pooped my pants in premarket, up so much, hit 8 bagger territory briefly, sold 50 sh, then seeing the big drop, unloaded 25 more sh at $212 at the close, still have 25 sh left out of the original 300 I bought. My profit in exactly one month is about $24,000 plus the leftover value of my 25 sh, though I’ll probably hold it. Thirty years of buying/selling individual stocks, will never top that over a one month period...dumbass luck simply because I trusted one of my former favs, STZ, knew something to pay so much for CGC.
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Is it over for TLRY?
 
krazykats said:
Those buys or sells allow you to set your price

So if something is going down from $52 and let’s say you want to buy in at $49.50 you set that as your limit and if it drops that low your in.

That’s what I did with CGC when it was up to $55.....set my limit hoping it would come back down and it did.

Market is tricky. Imagine trying to get into TLRY 2 days ago when it went from 200 to 300.......you might have ended up buying in around 250 and be losing your ass now.

I learned that in finance class, limits are the way to go.

I have high sell limits on every stock I have right now, but may drop those because I like my picks are far as legitimacy goes on each company.
Click to expand...
He's not so krazy after all.
 
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No, they are coming back to earth.

Not pot stock should be valued more than the $50-75 range right now based on any rational valuation.

The craze made the stock soar, but it wasn’t really based on financials or anything real except the news that pot is on fire(lol) and at the perfect time TLRY was approved to distribute to Germany and US was buying from them for medical research.


That isn’t anything real!
 
krazykats said:
No, they are coming back to earth.

Not pot stock should be valued more than the $50-75 range right now based on any rational valuation.

The craze made the stock soar, but it wasn’t really based on financials or anything real except the news that pot is on fire(lol) and at the perfect time TLRY was approved to distribute to Germany and US was buying from them for medical research.


That isn’t anything real!
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And let's examine why that is. They lost over $12 million last quarter and will be needing to borrow money. So the craze certainly isn't real considering there are no earnings or someone like a STZ owning 40% of the company. CGC can borrow much cheaper and easier. TLRY is more of a trade than an investment.
 
Exactly. I honestly couldn’t understand and yet there they were flying to the damn moon. All I hope is that CGC does too, but it seems they are poised to be a great long term investment.

The only issue was that STZ has an option to increase the stock cap from 2M shares to 6M shares and dilute the value. However, if that happens it only hurts for a few months and if they do that then you best believe that will lead to 100’s of millions of dollar to get after it.

They are the leader in the market for now, but if Coca Cola ends up partnerin with ACBFF then it’s a race!
 
jameslee32 said:
Is it over for TLRY?
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Looks like it, particularly knowing they will likely have to issue more stock, I probably should sell my last 25 sh, count my lucky stars and move on with normal investing. It’s always a good idea to check the long term debt % to stockholders equity before buying a stock, particularly with rising interest rates...eventually catches up with the company and investors unless they really boost revenues.
 
lz said:
Looks like it, particularly knowing they will likely have to issue more stock, I probably should sell my last 25 sh, count my lucky stars and move on with normal investing. It’s always a good idea to check the long term debt % to capital before buying a stock, particularly with rising interest rates...eventually catches up with the company and investors unless they really boost revenues.
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Probably but you're playing with house money. That's awesome! Got a few of those myself. I think only EOG is basically dependent on a commodity.
 
jameslee32 said:
Probably but you're playing with house money. That's awesome! Got a few of those myself. I think only EOG is basically dependent on a commodity.
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I am, still bugged me to “lose” $1,100 or so on only 25 shares of a stock, and being down overall on an up day.
 
LMAO I had my limit set to sell at $10 on NBEV, and I’ll be damned if it didn’t hit $9.99 and then tank!

Which is fine because I’m in around $3.50 and no big deal but I figured if it hit that and triggered a sell, then I’d buy back in after the drop.

Log in at lunch time to see that I came within a penny of a transaction.
 
Bought my wife 50 sh of CGC to give her a conversation topic with her book club ladies, probably will accumulate more of it and maybe my TLRY after they fall more.
 
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I never did, and not sure I will.

If you want an affordable stock for pot that is possibly standing the best chance to explode at a low cost then look at ACBFF.
 
lz said:
No, keep waiting, could be a week, a month, nobody knows, CGC better right now if you MUST invest in weed.
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I’m already in on CGC. And already up 40%. I’m in long term. Between drinks, medicine, recreation, and all the other uses of pot it’s going to explode. It’s one of my riskier plays and I don’t have much in it.....but I’m already in.
 
BlueRaider22 said:
I’m already in on CGC. And already up 40%. I’m in long term. Between drinks, medicine, recreation, and all the other uses of pot it’s going to explode. It’s one of my riskier plays and I don’t have much in it.....but I’m already in.
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Feed in slowly, time for me to move into other areas, particularly after the elections or THE big correction whenever that happens in the next week or decade.:sunglasses:
 
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