You are the one throwing generalizations out there koj. I’m just playing along.
Your comprehension is a little behind. Did you just choose not to read what I posted? It’s pretty evident it’s VERY RARE. nowhere did I say that it isn’t happening. Step your reading comp up.

This post was edited by Subzer0isGG on Jun 8 2020 03:44pm

dont get ur feelings hurt there bud.

Flower power

WOOOOOOOOOO

Stocks continue to rise despite all of the issues at hand.

I can understand that the fall happened very quickly but a part of me feels that this equally quick recovery will not last - at least in full.


Feel bad for everyone who panic sold at, or close to the bottom.

This post was edited by Killingyouall on Jun 8 2020 06:41pm

im not into stocks really but how did the cannabis stocks do?
i know the sales went up during the pandemic seems like one of the few that probably kept or maybe even gained value
remember you guys talking about them before curious if anybody still had or bought into some

This post was edited by dragoneth on Jun 8 2020 08:04pm

Aurora at $21

This post was edited by Subzer0isGG on Jun 8 2020 08:18pm

Depends on when you bought.

If you bought before spring 2019 and sold before the crash that happened shortly after you would be alright.

Those who bought in 2015/2016 and sold a few years later made a killing. I am being very general in broad terms of how pot stocks are doing. There is outliers.


For me I bought into Aurora Canabis at $7 a share. Worst mistake I ever made investing.

Down a lot of money now. Worst $1000 I have ever spent. Two lessons learned from that:


Look at the numbers more closely. I invested based on emotion instead of looking at raw numbers. Anyone with half a brain could see how overvalued the sector was at the time. Numbers matter. Prices were driven up by emotional investors like me who wanted

to see the industry do well despite knowing they were buying an overvalued stock. Also when signs were obvious to sell I stubbornly held on. Learned to cut my losses and have not made the same mistake since.


I am also avoiding anything heavily regulated by government. They managed to make the legal sale of marijuana unprofitable.... Imagine that. What a complete botch. I won't go near anything they are so closely involved in again.


/e the share price appears to be very high right now but that is due to a consolidation of shares after an acquisition. The shares were split at a 12 to 1 ratio, so in reality a stock I bought for $7 a share is worth about $1.75 a share. I got the absolute shit kicked out of me on that one lol.

This post was edited by Killingyouall on Jun 8 2020 08:28pm

is that good or bad? like i said i dont follow this shit
aurora seems like a company thats really invested into the whole cannabis distribution though they got everything from rolling trays to disposable vapes to bud lol

whatever u do dont buy into the company that is or owns "the green organic dutchman" the weed is below average and mad overpriced
i was reading up on the company apparently they already had to have one bailout from bankruptcy and seems they didnt learn or their growers just suck ass lmao

Bad. Unless you cashed out before the big pot stock bubble burst you lost a lot of cash. I made a bit of bank thankfully. Wish I dumped it all at the peak though