Anyone investing heavily this year??

How much money did you lose/gain this past week?


  • Total voters
    30
  • Poll closed .

Mask

"OneOfTheBest"
Platinum Member
Trudeau and the canadian goverment are pushing hard for weed legalization, should be approved before april 20th.
I'm starting to research canadian companies like aphria (APH), canopy growth (CGC) and organigram (OGI)

May sell off my sierra wireless stocks and move them in the marijuana market


Was told about this two weeks ago...about Canada blow stock...

Dude said he got in on CGC when it was a penny stock...(kinda don't believe him but it kool) at that time it was $16.96 today it closed $19.69 with a high of $21.00....


I found a penny stock company MJNA I've been watching for the last week...

Today It closed at $.096 with a high of $.120....


I'm research a few more and make a move at the beginning of next week...


What's the best platform/site to use...

He told me etrade
 

havelcok

Rising Star
Platinum Member
Hey five percent is better than losing money..

I know a fool who lost over a hundred geez tryin to be cute with penny stocks...

fucked up almost half his inheritance... tryin to be a millionaire overnight...

I tried to warn him but he wasnt tryin to hear all that..

you gonna laugh at the brother for getting a 5% return, but you ain't dropping any knowledge. :hmm: fuck that passive aggressive bullshit


ended up with 20.1 % return in 2017
 

Tdot_firestarta

Rising Star
BGOL Investor
Was told about this two weeks ago...about Canada blow stock...

Dude said he got in on CGC when it was a penny stock...(kinda don't believe him but it kool) at that time it was $16.96 today it closed $19.69 with a high of $21.00....


I found a penny stock company MJNA I've been watching for the last week...

Today It closed at $.096 with a high of $.120....


I'm research a few more and make a move at the beginning of next week...


What's the best platform/site to use...

He told me etrade

Damn i'm just seeing this..

Etrade is a good platform...i use CIBCs investors edge...$6.95 per trade and no ECN fees...questtrade is good as well..lil lower cost per trade $4.95 but there are other fees...research each and see whats best for what you're trying to do..

Just after i made that initial post i decided to just buy shares in aphria...bought a couple hundred shares at $6.35...price is up to $21.30 *edit* currently dipped to $18.02...projections are that it may hit $35-$50 by next fall
 

Efkie

International
International Member
I made it. It was a bumpy ride :hmm:
Now the real game starts.....going to 10k.

2dha5ud.png

Minor setback. New year, new chances.
Let's get this money
:money:

Came across a nice Dividend strategy which pays weekly .
You will have to select your own stocks though.
 
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havelcok

Rising Star
Platinum Member
overall up

but lost 6k friday

shit sucks

probably will half the amount of money im investing this year

then try to buy when the market dips
 

BronxBomber

Rising Star
BGOL Investor
Could not really capitilise on the VIX Drop.
Made 490$ selling a 240/245 NFLX put spread since feb 12th risking 2400$.
closing trade

Man I have to pick your brain very soon. I’m still not sure on my strategies on selling. Almost everything I own is the long term play.
 

Efkie

International
International Member
Man I have to pick your brain very soon. I’m still not sure on my strategies on selling. Almost everything I own is the long term play.

That is the nice thing of options. You can use them how you see fit.
Example you want to own the stock, but want to buy at a discount.
In that case selling PUT options is the way to go like Warren Buffet.

As always there are risks involved so you need to understand them and practice.
You can do that with a ThinkorSwim paper trade account
 

havelcok

Rising Star
Platinum Member
My portfolios been slumpin for a few months but there was a big push late last summer. If I experience a similar push this summer Im def cashin SOME out.

wouldnt recommend taking any out of what you have laready invested
just be more liquid
 

lazarus

waking people up
BGOL Investor
be careful folks. a crash is coming. mid fall this year or before summer next.

don't say I didn't warn you.

gmo.png

Market won't do better than 2% rest of year unless you have some real winners in your portfolio. Non brick and mortar, online banks are competitive if you know where to look 1.5%-1.75%
 

rph2005

Rising Star
OG Investor
be careful folks. a crash is coming. mid fall this year or before summer next.

don't say I didn't warn you.

gmo.png

Market won't do better than 2% rest of year unless you have some real winners in your portfolio. Non brick and mortar, online banks are competitive if you know where to look 1.5%-1.75%

at least there is a general consensus that a recession is coming in 2 years. i would say, we still have till end of this year to make some money. start pulling back early next year.
 

BronxBomber

Rising Star
BGOL Investor
Im still rocking...

SQ busting ass....
AMD Rocking
AAPL
Canopy
JNJ
Tmobile

My ETFs all doing well. Im up around 9% at the moment

I may have to get rid of Aurora but trying to hold out, picked up Canopy figured one or the other gonna be the Pepsi of weed.

I wish I would have gotten more serious earlier.
 

rph2005

Rising Star
OG Investor
Im still rocking...

SQ busting ass....
AMD Rocking
AAPL
Canopy
JNJ
Tmobile

My ETFs all doing well. Im up around 9% at the moment

I may have to get rid of Aurora but trying to hold out, picked up Canopy figured one or the other gonna be the Pepsi of weed.

I wish I would have gotten more serious earlier.

If you like them weed stocks. Take a look at CRON.

Cronos Group, Inc. engages in the production and sale of cannabis in federally legal jurisdictions, including Canada and Germany. Its portfolio includes Peace Naturals, Original BC (OGBC) and Whistler Medical Marijuana Company (WMMC).

jumped on Tilray yesterday morning at 141. bought 700 shares. and then for some dumb ass reason, I decided to write covered calls against it for $175 sept 21st. for the love of my life I still don't know what I did that dumb ass shit. anyways, needless to say, I woke up today, and it was already up like what up to 200 premarket. so now I am scrambling to buy the contract back. let's just say I made a mess of things. ended up up 50k. coulda been sitting on 210,000 by mid afternoon today. GREED is not a good thing.
 

PeerlessMack

Been here longer than you think!
Platinum Member
Wtf is going on with that TilRay stock???

Shit had a high of $300 today. Stock was trading at $25 a share a couple weeks ago.
 
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