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  #11  
Old 10-24-2006, 10:10 PM
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yeah I was a believer in the stock market untill I lost 65,000 and figured out that the smart assholes play with the dumb assholes like me and walk away with the cash every time. My son who has a degree in economics tried to tell me to run but no, I was going to get rich, Yeah in that regard I'm a dumb fuck. Then 8 years later a buddy of mine came up with a "foolproof" day trading formula, I proceeded to lose another 10,000 of my hard earned bucks, before I gave it up (I was a saver) he continued on telling me he was makin bucks. About 2 years after I got out, he up and blew his brains out, I guess the rich assholes got to him after all, the bad thing about it, he killed his 10 year old daughter and 80 year old mother whom both lived with him, and left no note! I keep the news clipping on my office cabinet door to remind me when I think about investing, I still have a stock acct w/ a few grand in it, but it's drawing 5+% in a money market acct. all I have to do is push a button and I'll be in. I'm waiting for a deal in China to come through my wifes boss's friend who invented this product the Chinese are using in all their vehicles, If that comes through (initial public offering) I could get well yet> I am basically an optomist with pessimistic tendicies
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  #12  
Old 10-25-2006, 05:52 AM
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I have found that certain stocks go through cycles. Liquor stocks for one do this. Come February Budweiser stock reaches it’s lowest point and peaks out in August, conversely Seagram’s stock peaks out in February and reaches it’s lowest point in August. These stocks cycle like this regardless of how the economy is going, The psychology behind this is that people are going to drink regardless of how the economy is going. If the economy is going good, people will drink to celebrate, if the economy is going bad people will drink to drown their sorrows.
I have been following these stocks since the last stock market crash and yearly it always does the same thing. So if these stocks are bought and sold at the right times, you can make money.
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  #13  
Old 10-25-2006, 08:11 AM
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You may be right. How will we get in on the pot stocks if they corporatize them? If this Nevada Idea Jells, there will be all kinds of states lookin for the taxes and it wont be long before the demand for corporate pot (I think the tobacco co.s have that sowed up) will skyrocket. Buy Lorilard, Ligget and Myers, American tobacco Etc and speculate. I think the Govt. has opened their eyes to the potential of corporate pot!
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  #14  
Old 10-25-2006, 08:49 AM
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The Tobacco companies do have that sowed up. I stated before that tobacco companies have been buying up land in South America for the past 10 years. They see the handwriting on the wall.
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  #15  
Old 10-25-2006, 08:50 AM
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Ahh but you only pay tax on what you buy......grow your own and never pay taxes on your pot.

If I smoked tobacco, I would look into growing my own so I wouldn't have to pay the tax on it, or take a run to Quebec and buy the low priced tax free stuff outside Montreal from the Mohawks.
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Old 10-25-2006, 09:14 AM
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We're thinkin on how to cash in on the corporate stocks that take off like a rocket if they legalize corporate pot. Nevada is a test state and if it works and the corporations and govt. tax boards start raking it in, How can we get in on the ground floor. You know the Yuppies won't bother to grow their own, they'll just buy Acapulco gold For 250.00 an ounce, There ought to be at least a 100.00 bill profit in that, if we can buy stock, maybe we can get some of our money back from the pigs, and grow our own anyway! Peace!
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  #17  
Old 10-25-2006, 10:18 AM
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It should lower the price per ounce if it went corprate [i hope], just like the price of booze when it stop being a crime to buy.

But yeah it would be good to be able to get in on the stocks now before they take off......then the profit would be greater.

This would be a great business ideal for that show on CBC (they also show it on BBC) called the "Dragons Den", where people pitch their ideals before 5 fat cats (five Canadian business moguls), and see if they can get backing in an idea......up to $500,000 for a percent of the company.

$500,000.00 could start a good grow op.........we could become the high fat cats...lol
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  #18  
Old 10-25-2006, 10:35 AM
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Count me in, I've a few grand lying around for a killer investment, I've been waiting for 3 years on an inside China stock deal, Hasn't come to fruition yet. so maybe the corporate pot stock might be the ticket, lets see how it takes off in Nevada first, who knows, maybe the old ladies will kill the damn thing again this year, we need to get more old ladies smokin pot. My mom smoked a bit in the '70's, but finally gave it up before she passed, my dad also smoked a bit but hasn't in 20 years, he's 86 and goin strong, I might give him a bud off the widow and see if he likes it, although I don't want to do him in, if he takes only about a half a toke, it probably won't bother him that much. I'll leave it totally up to him!
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  #19  
Old 10-25-2006, 11:10 AM
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Man, I just love to read greedy capitlalistic ideas in the morning! *lol*

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  #20  
Old 10-25-2006, 11:58 AM
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I was just showing an example of how to make money in the stock market that is relitivally safe.
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