Well, we are a trading website after-all... so when someone says "to the moon" and I look at a sector and see nothing but hopes, dreams, and empty balance sheet paper tigers... I feel it my duty to hoist the bullsheet ensign and set the record straight. And for the record, I don't think those balance sheets have changed much. That's why one is enough for the whole weed play. And that's CGC. Also make no mistake... its a looooong term hold. That pig could still drop back below $16 in the bat of an eye.
That's what is happening here, lets close all the shops in there busiest period while there trying to make up for a shit year to barely stay afloat and let Amazon have all the sales. Back Handers massive 1's to Boris and his middle class toff chums.
If Biden Kamala wins I'm definitely buying more CGC on breakouts for long term swing trade. Agree re it's the best cannabis play. Cramer mentioned a pot equipment supply ticker, can't remember tho
This is the Ken you need to present. Not the left or right, up or down garbage you post in Politics. You are selling trading education, stick to it.
Any stocks that benefit from China tariffs being eliminated: Apple, Caterpillar, Nike, Boeing, Starbucks, 3M
Let's not forget Psycadellics, soon to become legal for medicinal use. Some good ones are MMEDF, SHRMF.
GrowGen Stoney found that one early. Loooong before Cramer. God love him. I did the DD and gave it my blessing based soley upon the power's behind it's pedigree. Think Sears Holding and one one of the richest men in FL. His kid. It took a lot of digging, it really did, but I knew the name was no coincidence. No where on the web is Eddies kids' names. Hell I'd be the same way. But I figured it out. Like I said, I knew that name was no coincidence. From June:
Perfect reason to sell a $35 put on it. The 18 Dec expiration is going for about $1, so you either get the shares assigned at $35 (assuming it drops to that level) or you make $1/share. If you like, you can consider that a discount toward whatever price you get it at in the future.