Sanrith Descartes
You have insufficient privileges to reply here.
- 43,975
- 117,730
Investing General Discussion
- Thread starter Furious
- Start date
-
Guest, did you like the last podcast notification?? Well here's the second one, and for the third podcast! Yep. This Thursday 8-8-24 at 7pm Central
Go here to check out his podcast thread for info on topics and links!Go into the FoH discord and find the Happy Time Fun Hour channel and give it a listen!
Jysin
Ahn'Qiraj Raider
- 6,444
- 4,330
You’re thinking on the right track, but you’ve missed the boat. Pot stocks have been on the move since November and even more when there was the slightest chance of Democrat senate control.
Eg: $TLRY: $5.50 just before November. Doubling post presidential election and then doubling again to touching $20 recently after the final senate seats were secured.
Sanrith Descartes
You have insufficient privileges to reply here.
- 43,975
- 117,730
Khane
Got something right about marriage
- 20,314
- 13,959
Nobody here has missed the boat on marijuana. Once its Federally legal the sky is the limit. Even at current prices if you can pick good, well run companies they are likely still a bargain.
Sanrith Descartes
You have insufficient privileges to reply here.
- 43,975
- 117,730
The biggest problem is pot stocks are owned by people I dont trust with my money. If PM or MO bought a pot stock then that is a whole other story.
Fogel
Mr. Poopybutthole
- 13,015
- 51,112
Weed plays have appeared hit and miss from the ones I've been watching out of the corner of my eye. Even the weed ETF THCX has been up and down. I had some ACB which was flat so I've sold it for now
Fogel
Mr. Poopybutthole
- 13,015
- 51,112
Yeah, this is probably correct. The amount of money that will flood into the weed sector once it's federally legal will probably be insane. I'd say instead of trying to pick one or two winners, throw some money into THCX and just wait for the pop once the feds legalize, assuming they ever do.
Sanrith Descartes
You have insufficient privileges to reply here.
- 43,975
- 117,730
TJT
Mr. Poopybutthole
- 42,510
- 108,124
TJT
Mr. Poopybutthole
- 42,510
- 108,124
That wasn't even that expensive of a trade on his part. A yolo call with that return is pretty fucking amazing though.
50 million WSB autists can't be wrong?
- 1
- 1
- 1
TJT
Mr. Poopybutthole
- 42,510
- 108,124
swayze22
Elite
- 1,217
- 1,097
I purchased some $MJ back in may for ~$12, been up and down historically but good run YTD (+35%) currently around ~$19 - the top 5 holdings currently are:
Last edited:
- 2,813
- 3,126
There is something else to this too , and I think the chickens are going to come home to roost with it. There is a lot of chatter and I see a lot of eye opening due to the unemployement situation people have been on since last year. People (and they still are) have been making far more money with unemployment than they have been use to with their crappy min wage jobs. Then you add in the above and you are going to get a LOT of discontent people when they find themselves back to work as a wage slave for peanuts. I think 15 a hour is going to become national, and that still probably won't appease the masses.
- 2,813
- 3,126
I made some money with weed stock (sundail, tilray, growgeneration) but in ALL cases I sold way too soon.
Keystone
Lord Nagafen Raider
- 470
- 256
So, dumb options question. Let’s say I pay $3 a share for a call option ($300) and then let it expire in the money for a $50 a share exercise price. Does it auto buy/sell and I end up with cash or do I actually need the $5k liquid at end of contract for it to exercise and I end up with shares?