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Reply With Quote[QUOTE=That 5hit;4145284]>>>>>>> ARE THESE marijuana STOCK
stick to the topic
ERBB http://altitudeorganiccorp.com/
I think alot of people are missing the point here, saying how dangerous the stock market and pink sheets are. Of course they if your an idiot and put your whole life savings down. That 5hit is saying if you can pick up a few thousand shares of a dirt cheap penny stock its not a gamble at all because its such a small amount that won't put a dent in the pocketbook. His logic is very sound, the marijuana industry has a potential to absolutely explode and the stocks almost surely would follow. 4000 shares of a .05 cent stock will only cost you 200 bucks, if it happens just to reach lets say 3 dollars well then you just made 11,800 dollars. Not really a risk for a potential big payout. That being said I own stock in ERBB http://altitudeorganiccorp.com/
[QUOTE=That 5hit;4145284]>>>>>>> ARE THESE marijuana STOCK
stick to the topic
ERBB http://altitudeorganiccorp.com/
very great findOriginally Posted by Mort Fink
finally someone that understands
very nice find
in 2008 this stock was traded @ $13 (before the re)
today it is @ $0.02
#1 this is a buyer market
#2 the economy WILL turn around one day and if this stock could reach half of what it was you will be made my mother tell me of a time when she remmber when mcdonalds traded at $1
#3 i'ma BIG beliver in that weed will in my life time be legal , and when it does these companies discused in this thread will be worth tons Y E S! it's a gamble, but i am a GAMBERLER and i also don't mind in putting a few chips on the table and letting them sit for some years .. these stocks are not going to yeild over night . grab'em up and holdem for 5, 12, maybe even 20 + years- wait tell the economy turns back. which it will ! (side note - also buy a house now. now is the time to buy into a great area)
do you boo boo
if this thread don't end up closed (and you know why .. LOL) you will be able to look back and say damn in 2011 that erbb stock was worth $0.02 now it well over $10 if i had only brought 10,000 shares ($200 today = 100,000 when the us gets there head out there ass)
if you don't have 200 don't do it, but i will next week
see you in the future...maybe
"We do not have time for this kind of silliness. We’re not going to be able to solve our problems if we get distracted by sideshows and carnival barkers.” - President Obama
Count me in when I get some cash, marijuana is the future.
stay away from big pharma and all their poison.. http://english.aljazeera.net/indepth...948379987.html
update 4/19/10
now 7/24/12
symbol / company ____________________________/ trade _______/ Sector / Industry
CBIS / Cannabis Science, Inc._________________ / 0.05 ____/ Healthcare / Biotech & Drugs
CMSI / Commerce Online Inc __________________/ 0.001 ____/ Financial / Consumer Financial Services
MJNA / Medical marijuana Inc__________________/ 0.02 ____/ na / na
IMAI / International Merchant Advisors Inc _______/ no info ___/ na / na
GTLA / GT Legend Automotive Holdings Inc______ / 0.0001 __/ Services / Retail (Grocery)
GRNH / GreenGro Technologies Inc______________ / 0.01 ___/ Services / Business Services
"We do not have time for this kind of silliness. We’re not going to be able to solve our problems if we get distracted by sideshows and carnival barkers.” - President Obama
bummer of an update i had high hopes for these
its not over..LOL
"We do not have time for this kind of silliness. We’re not going to be able to solve our problems if we get distracted by sideshows and carnival barkers.” - President Obama
Penny stocks can go below 1 cent. They can reverse split. When one of these reaches 1 cent it is by no means the bottom. Volume goes up as price goes down, just a math ratio thing. These stock have no options and cannot be hedged. No options means they can have the potential to be more volatile. There is little market for these stocks, that means few buyers and sellers and very wide bid ask spreads. The price action speaks for itself. I wish I could be a bearer of good news but in my opinion these stocks are all losers. But if something better comes along. The reason a real direct investment vehicle dose not exist is because there assets can be seized by the feds. http://en.wikipedia.org/wiki/Asset_forfeiture
We like the idea of investing in a joint stock company but the problem is unlimited liability due to feds robbing anytime they see something worth taking. If you had the safety of a joint stock MMJ company with limited liability you would have something that could be a real investment.
I thought Oaksterdam University, hey there building a brand. But the feds are taking there assets.
http://www.sfgate.com/business/botto...ly-3700575.php
You cant build a soundly operating company, which you can allow the general public to participate in equity financing, if the feds are free to rob you anytime they feel like.
Last edited by maylee; 07-24-2012 at 06:33 PM.
nice.. great info.. but the only problem is ...... im hard headed (not in a sexaul way) i m only out like $100 these are the only stock i have CBIS / MJNA
"We do not have time for this kind of silliness. We’re not going to be able to solve our problems if we get distracted by sideshows and carnival barkers.” - President Obama
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