RE:RE:there you go folks, this is what everyone was waiting forOh I'm sure hte weed stocks will give us big gains, even from these levels, if you hold onto for a VERY long time. And that's fine if some are able to hold on for a few years. I'm not saying I'm a daytrader or anything, but no big gains to be made unless you hold for a very very long time.
TheUnforgiven wrote: Well maybe the uneducated, weak, whiney investers like you did. Everyone else understands that the runs wont start to happen till the shipping and selling part of rec is moving along and producers have their products on the shelves. The law being passed doesnt make the company's money. Wait till the revenue from rec sales start flowing in and the quarterlies start reporting massive revenue increases. Then we will start to see movement in these stocks. If you need an example look at the big Beer producers... Budweisers market cap is 195 Billion... Canopys market cap is at 8.5 Billion. So having shares in weed stocks this early will definitly pay off.
Sanderz wrote: Everybody was waiting for confirmation of weed to be legal. People predicted this huge bull run, etc. etc.
Finally, it's confirmed weed will be legal. Do you see huge runs, etc? I don't. It's a decent day for the sector today, but nothing that isn't typical.
Now we know the hype was over back in January