Exactly what analyst? We read a lot of those, that person could certainly be correct, overextended bull market. Honestly, I’ve usually been behind the curve with international investing since 1990, hold nothing currently, though an India ETF would be my choice if I were younger. The late John Templeton would say buy the countries where the pain is greatest, he was a master at buying low overseas.
As I said, if you chase them like American stocks, my 30-40 years of experience says you won’t buy low. EPI and INCO were two ETFs I liked in India. I would buy them and hold a long time if I were younger and still working, keep adding some money to them during downturns to India’s stock market.
I just looked at NWL again. It's really been grim death since October of 2017 but only recently has been pushing up against the 200-day moving average. Hard to say if it gets over that threshold but right now that's about $19.57. Since it's above the 50-day perhaps it gets over the hump soon but until then it has a ceiling of resistance.
I've set a personal limit of 18. Waiting on that juicy dividend. Should go ex-div near end of this month. Plan on evaluating some other issues soon.
Right and noted earlier.. Problem is 300 shares sit in an IRA. Tax-loss harvesting is out of the question. At the moment, we're just hoping for modest appreciation until sale.
I lost your patience years ago. Everything I’ve owned since retiring 12 years ago has been in an IRA, but stagnant stocks are opportunity costs and I dump them perhaps too quickly at times, but so many better stocks out there for me.
Been there done that. I rode a stock all the way down once for that reason. Sort of in that boat now with GE but I sold half of the position around $14 to buy more diversification like VFH, VEA and BLV. Also about a year ago PG at $76. Guess it bought me more time before I have to either exit GE or watch it recover further.
Correct. I've heard Tyson plans on divesting their stake in Beyond Meat because their own version is coming and they're trying to avoid conflict.
Probably so, with their high current PE you should be able to accumulate on drops.
Exactly, too late to sell, too early to buy. Could buy some Inverse Bear etfs, but I got badly burned when I tried those several years ago.
IIPR has gone crazy the last two days, though it seems overpriced...helps that it’s one of the few cannabis stocks making a profit, CGC a long way from that point.
It’s always hard to judge, I’m sitting the same way, luckily, in CYBR. Unfortunately, I’ve bought and sold some dogs the past year, so my return is only 5% or so for the year.
Best thing going for us is the future for the US market, may keep it going for awhile longer despite being overpriced...just don’t get carried away, my friend. CWBHF starting to move upwards for the same reason, though a different type of US company than IIPR.
True, but several Canadian companies will go under, IMHO, lots of new public companies up there, could eventually happen in the US, and then it will get very difficult to sort the winners from the losers. Keep nibbling on price drops in IIPR and CWBHF long term is good strategy, but I’m not so sure on Canadian small companies and I still hold one, OGI.
Ok, CGC down today after eps, mainly because recreational cannabis sales are down in Canada, and the Acreage buyout will cost a lot of money, particularly showing up in the first Qtr 2020. Good company, particularly once they get more into medical cannabis and legalization occurs in the US. I trimmed my CGC considerably today, took profits on OGI, and bought more US cannabis stocks IIPR and CWBHF today. I took out some “insurance” yesterday, buying some TZA to offset possible losses today, glad I did, though I’m on the losing end today of my high flyers like ADBE, IIPR and CYBR. All is well.
I want a big drop in price of CGC before I start adding shares, no rush as competition world wide will keep coming.
You did good, I got in a little late on CGC, think the cannabis picture is a little clearer now. Those buying high on CGC, thinking they could make a bunch of quick money, were wrong, I didn’t do that, knew better!
![[laughing]](http://l.yimg.com/j/assets/img/emoticons/classic/laugh.r191677.gif "Laughing [laughing]")
