zenmasterofzinfandel
Well-Known Member
http://pro.moneymappress.com/NVXMJ39TMRSHORT/PNVXT128/?
Same risk as any other ‘penny stocks’ ??? Or higher risk than most penny stocks, which of course are much risker than ‘blue chip stock’ that doesn’t have potential to gain as much…unless you got Google early, or bought Apple when Steve Job’s sold his 1 share of stock when he came back to Apple when Apple could have gone under…now the worlds largest company by capitalization (Nestle has more profits).
Any of you going to take the risk on these marijuana related businesses?
Time to buy traditional pharmaceutical stocks of companies that are investing in the marijuana ‘gold rush’?
Guessing Sam_Skunkman has stock in GW Pharm.
One area I think is far more risky (seems most of the names there on his list are very high risk) is investing in dispensaries. From every single ‘collective’/dispensary I have visited over the last 3yrs, I would say all of them are super big risk of failing as small businesses> they appear to be run so utterly incompetently, how will they ever become highly profitable? Maybe the owners might make $$$, but everyone else is going to get the shaft one way or another…I suspect.
But if we wait too long, we will miss getting rich quick scenario(con?), now is the time, lol.
I was soaking in the tub, vapin away, watched the whole 46min video. Don’t expect much of you will watch the entire sales pitch, just curious what you all think. He also has high risk IPO investing he is promoting.
Anyone with experience in investing in these kind of high risk(video tries to portray it as a no brainer, even if you don’t get lucky & invest in companies that appreciate in a few months by 1,000% or more, ***if*** those stocks you buy appreciate more than traditional blue chip/money market funds, say 20%, you still make money after you sell the stock on the up tick.
No mention of any of these stocks having big drops, volatility…read up on Real Scientific Hemp Oil…the people behind this company have been accused of fraud in various businesses tied into that company.
Same risk as any other ‘penny stocks’ ??? Or higher risk than most penny stocks, which of course are much risker than ‘blue chip stock’ that doesn’t have potential to gain as much…unless you got Google early, or bought Apple when Steve Job’s sold his 1 share of stock when he came back to Apple when Apple could have gone under…now the worlds largest company by capitalization (Nestle has more profits).
Any of you going to take the risk on these marijuana related businesses?
Time to buy traditional pharmaceutical stocks of companies that are investing in the marijuana ‘gold rush’?
Guessing Sam_Skunkman has stock in GW Pharm.
One area I think is far more risky (seems most of the names there on his list are very high risk) is investing in dispensaries. From every single ‘collective’/dispensary I have visited over the last 3yrs, I would say all of them are super big risk of failing as small businesses> they appear to be run so utterly incompetently, how will they ever become highly profitable? Maybe the owners might make $$$, but everyone else is going to get the shaft one way or another…I suspect.
But if we wait too long, we will miss getting rich quick scenario(con?), now is the time, lol.
I was soaking in the tub, vapin away, watched the whole 46min video. Don’t expect much of you will watch the entire sales pitch, just curious what you all think. He also has high risk IPO investing he is promoting.
Anyone with experience in investing in these kind of high risk(video tries to portray it as a no brainer, even if you don’t get lucky & invest in companies that appreciate in a few months by 1,000% or more, ***if*** those stocks you buy appreciate more than traditional blue chip/money market funds, say 20%, you still make money after you sell the stock on the up tick.
No mention of any of these stocks having big drops, volatility…read up on Real Scientific Hemp Oil…the people behind this company have been accused of fraud in various businesses tied into that company.
