I'd risk a pound or two on a 500:1 bet
Marijuana Stock To Watch
- Thread starter That 5hit
- Start date
Dude its a 10 month old dead thread :/ just let it die already lol.
Corso312
Well-Known Member
that sounds like a more sound investment than that penny stock
Cali chronic
Well-Known Member
The Stock market is gambling.... If you are lucky go for it. If you are not better study hard. The thing with stocks is the value of a stock only goes up if they cant hide all their profits and bonuses then they increase the value. I tried it I did not like it after 7 years of ending up with the same I started with. But if all your bills are paid and you are laying in the shade? Go for it. I heard about a company not sure which but they help regulate the monies coming into dispensaries and give accurate accounting so they say? I would invest in Incarceration or the likes of... America loves to lock up their citizens. Well only if you are not White collared.
That 5hit
Well-Known Member
right now i am watching these guys CBIS
they are inthe healthcare/ biotech & drug sector
Cannabis Science Inc (CBIS) they are being traded @ $0.05 cent LOL - i need to buy more.......
Company Background
Cannabis Science, Inc. (Cannabis Science), formerly Gulf Onshore, Inc., is a development-stage company. The Company is engaged in the research and development of medical marijuana. On May 8, 2010, Cannabis Science acquired Rockbrook Inc., a company with facilities growing and providing organic medical cannabis to patients with a physician's recommendation. On May 24, 2010, the Company acquired a private company with two operations, an organic medical marijuana facility and a medical marijuana dispensary providing patients with medical marijuana in Colorado. Cannabis Science works on phytocannabinoid science, targeting illnesses to develop, produce and commercialize phytocannabinoid-based pharmaceutical products. The Company focuses on creating cannabis-based medicines, both with and without psychoactive properties, to treat disease and the symptoms of disease, as well as for general health maintenance.
i buy and sell through scottrade but there are many other online stock trading companies
That 5hit
Well-Known Member
hey this thread is still alive to me buddy ...LOL
once this penny stock ($0.05) i'm following become $1 i'll be rolling in the doe and this thread and all its follower will also know
That 5hit
Well-Known Member
tru dat mon
buy dro get high
this is a good thing FOR BUYING
buy low sale high
Mort Fink
New Member
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/
Mort Fink
New Member
That 5hit
Well-Known Member
very great find
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
stay away from big pharma and all their poison.. http://english.aljazeera.net/indepth/opinion/2011/07/20117313948379987.html
That 5hit
Well-Known Member
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
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/bottomline/article/Medical-marijuana-sales-becoming-cash-only-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.
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/bottomline/article/Medical-marijuana-sales-becoming-cash-only-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.
That 5hit
Well-Known Member
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