GREY:NCNNF - Post by User
Comment by
flamingogoldon Aug 18, 2020 11:45am
174 Views
Post# 31422978
RE:RE:RE:Pot stocks are dead
RE:RE:RE:Pot stocks are deadBoom and bust occurs across many sectors. The pandemic is a boom for bullion lickers again now that the money press is running hot. Buffet learned that from the 2009 crash.
As for pot, the future for survival is not flower but in other offerings. Vennat is delivering on his promise of increased skews by year's end. What we don't know yet is market acceptance. Next earnings will be critical as to the future for the company.
monsieurminou wrote: I agree that WB did not put a large amount of is fortune in gold, but he isn't refractory to the sector like before, it's a proof that as an investor he is clever and he has an open mind.
I sold all my nrth shares when the stock ran over 30 cents, i lost money, my buying average was 43 cents, i start buying shares in the very beginnig, i was in for the long run, the home run.
But with gold and silver i made a lot more that the lost i took by selling my 48 north shares.
I hope for you all here that 48 north will make it but honestly i'm skeptical, to much cannabis offers and the company spend to much money.
It's not to late to put some money in gold and silver, the sector is in fire and imo and from many experts opinions as well, it's just the begining.
GLTA here.
https://www.sprottmoney.com/Blog/category/sm-radio.html Listen to the 08-07 podcast.