Post by
marf49 on Jun 17, 2022 10:01am
Canadian $$ .7655 Looks like Canadians will stay home
I don't think people will go vacationing abroad with the Can $$ in .76 and maybe lower since it plans to increase interest rate by 3/4 cent next month.
Good part is US marijuan consumers will come over and buy our cheap price MJ.
Let s hope we're scraping the bottom as OIL price keeps going down and hope under 100.00
Comment by
BiggyG on Jun 17, 2022 10:11am
US traders will also buy up more CDN stocks. CDN dollar is another casualty of the strong USD. Our glorious leader and his journalist finance minister keep writing checks we cannot cash. Increase in rates will bury us in debt servicing hell. Ok got that off my mind....have a great weekend everyone lol.
Comment by
marf49 on Jun 17, 2022 1:41pm
Barel is down by $7.xx to 109.7x I want to see if Monday we get a break at the pump, forget this weekend it's Father's day kids travel to see their father hopefully their name is still on the Will LOL
Comment by
marf49 on Jun 22, 2022 10:16am
Bought at 1.21 this morning seeing OIL went down more at 102.xx My quota was filled, I price goes down I will buy more to sell it after. But the rest I plan to let it ride
Comment by
BiggyG on Jun 22, 2022 10:53am
Marf I am keeping a low profile on MJ for now, may get back in after summer.. Picked up some BNS before exdivi date July 4.... if I make a mistep I still get my divi...
Comment by
marf49 on Jun 23, 2022 10:50am
Wanted to buy more under 1.18 but it did not occur, Federal gov t, I think will make some changes to the MJ tax law in this fall, if market get the sense of this modification, I expect MJ sector turn around.
Comment by
BiggyG on Jun 23, 2022 11:55am
Major overhaul of tax system for sure on MJ. Also somehow eliminate illegal online sales, not sure what that looks like but has to happen.
Comment by
marf49 on Jun 23, 2022 12:46pm
Biggy we complain about OGI, Look at BBD, who in the world consulted them to go for a Reverse slit, I can think of consulting firm tied to Edge Fund. With the Russian being their best customers, they go and do a reverse split 25 to 1. now worth .91 in the old share price. And I think it will go further down.
Comment by
BiggyG on Jun 23, 2022 3:43pm
Yes BBD is a gong show. What were they thinking?