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Jan 4 2018 12:27pm
Iv been playing with cannabis stocks. Easy money.
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Jan 4 2018 12:56pm
Quote (SBD @ Jan 4 2018 12:27pm)
Iv been playing with cannabis stocks. Easy money.


wait a month, they're about to slide ahead of some big DOJ moves. then after another year or two the should bounce back. or let them sit until 2020 or 2024. if u keep day trading them en masse u might lose a lot. fair warning.

This post was edited by thesnipa on Jan 4 2018 12:56pm
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Jan 4 2018 02:28pm
Quote (thesnipa @ Jan 4 2018 02:56pm)
wait a month, they're about to slide ahead of some big DOJ moves. then after another year or two the should bounce back. or let them sit until 2020 or 2024. if u keep day trading them en masse u might lose a lot. fair warning.


I keep a small % of my total net worth as play money. I don't bolster the play money immediately should I lose it. We're only talking 5-10k.
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Jan 4 2018 02:50pm
Quote (SBD @ Jan 4 2018 02:28pm)
I keep a small % of my total net worth as play money. I don't bolster the play money immediately should I lose it. We're only talking 5-10k.


thats fine, im telling you to expect a slide on whatever you're holding due to the Sessions announcement. either dump it now while you're up or hold it and expect to hold it for quite some time. or lose money, thats an option too.
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Jan 4 2018 02:53pm
Quote (thesnipa @ Jan 4 2018 04:50pm)
thats fine, im telling you to expect a slide on whatever you're holding due to the Sessions announcement. either dump it now while you're up or hold it and expect to hold it for quite some time. or lose money, thats an option too.


Well see if my limit triggers. I'm up 42% but will accept a 4.5% drop.

It should trigger before end of day.
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Jan 4 2018 02:55pm
Quote (SBD @ Jan 4 2018 02:53pm)
Well see if my limit triggers. I'm up 42% but will accept a 4.5% drop.

It should trigger before end of day.


do you have any conceivable reason to think your legal pot stocks wont slide after the head of the department of justice signaled his dept will be going after legal pot?

im just curious if you're reading something different in the market or if you're tossing darts at a phonebook.
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Jan 4 2018 02:56pm
Quote (thesnipa @ Jan 4 2018 02:55pm)
do you have any conceivable reason to think your legal pot stocks wont slide after the head of the department of justice signaled his dept will be going after legal pot?

im just curious if you're reading something different in the market or if you're tossing darts at a phonebook.


Not a terrible strategy. It beats a lot of managed funds ^_^
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Jan 4 2018 02:57pm
Quote (thesnipa @ Jan 4 2018 04:55pm)
do you have any conceivable reason to think your legal pot stocks wont slide after the head of the department of justice signaled his dept will be going after legal pot?

im just curious if you're reading something different in the market or if you're tossing darts at a phonebook.


Tossing darts at a phonebook using over and under reactions on acb. It's play money, little to no research goes onto it just due to it being an insignificant amount. I would not out my farm on something so volatile at this time even with proper research. But I'm only an average investor.


It triggered. Well see if I decide to toss more darts tomorrow.

This post was edited by SBD on Jan 4 2018 03:09pm
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Jan 4 2018 03:09pm
Quote (Thor123422 @ Jan 4 2018 02:56pm)
Not a terrible strategy. It beats a lot of managed funds ^_^


hah too true

Quote (SBD @ Jan 4 2018 02:57pm)
Tossing darts at a phonebook using over and under reactions on acb. It's play money, little to no research goes onto it just due to it being an insignificant amount. I would not out my farm on something so volatile at this time even with proper research. But I'm only an average investor.


all im saying is this might be the easiest to read market signal in 10+ years. if you dont care about losing whatever gains you have because money aint a thang be my guest tho. i prefer to keep my money even if it is expendable.

id be shocked if theres a single legal pot stock thats higher in 6 months than it is today, we're going to see a consistent industry wide slide for quite some time.

Quote
It triggered. Well see if I decide to toss more darts tomorrow.



im glad that money is expendable if so.

This post was edited by thesnipa on Jan 4 2018 03:10pm
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Jan 4 2018 05:59pm
Why is bitcoin cash a scam?


@voyaging could be a good day to invest in ripple, it looks like it’ll go down at least $1 and should return
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