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Bullboard - Stock Discussion Forum Hempco Food & Fiber Inc HMPPF

Hempco Food and Fiber Inc is engaged in manufacturing and distributing hemp food products. The products are used for both human and animal consumption in the United States, Canada, Mexico/Latin America, Asia/Pacific, and Europe. It produces bulk hulled hemp seeds, hemp protein powders, and hemp seed oil under the PlanetHemp brand name.

GREY:HMPPF - Post Discussion

Hempco Food & Fiber Inc > ‘You’re going to lose all of your money’
View:
Post by MillionsMan on Nov 18, 2017 12:35am

‘You’re going to lose all of your money’

https://www.thestar.com/business/2017/11/17/6-reasons-an-investment-in-the-pot-industry-will-likely-go-up-in-smoke-olive.html

https://www.bnn.ca/you-re-going-to-lose-all-of-your-money-money-manager-warns-against-investing-in-cannabis-1.918365

https://www.stockhouse.com/opinion/tickertrax/insights/2015/11/06/tread-carefully-with-marijuana-stocks
Comment by Chrysanthalas on Nov 18, 2017 9:47am
Some valid arguments are being made.  However I am long and with some careful investing choices have doubled my tfsa and rrsp in the last 3 months.  Is there risk?  Oh yah.  Is there money to be made?  Oh yah! GLTA
Comment by DoobieNewby on Nov 18, 2017 10:54am
MinionMan seems to have forgot a key point. HEMP is not marijuanna. Related yes, but not the same.  Your arguements for avoiding marijuanna stocks are completely irrellevant here.  It makes me curious what your motivation is here. My assumption is that you are trying to make yourself feel better after being butt-stung by a bad MJ play.  Is this so?
Comment by Bottles on Nov 18, 2017 12:55pm
"It makes me curious what your motivation is here." He's posting this stuff on the RTI board too and I wouldn't be surprised if he hasn't targeted other message boards as well as I make my rounds. All I can say is that thanks to the MJ market, I at least have money to loose. I do not know what is in his piggy bank but I will do my best to make certain he pays a higher price ...more  
Comment by MillionsMan on Nov 19, 2017 4:26pm
If you don't take profits on a parabolic surge then you're doing it wrong.
Comment by Alltime on Nov 19, 2017 9:17pm
Taking profits is good unless there is another surge and you get left behind.It really depends on the stock you are in. I have taking profits in the past and if I wouldnt have taking the profits well lets just put it this way. I would likely be retired now. So each to their own. Because you can loose tons of profit by leaving it on the table. Peace
Comment by DoobieNewby on Nov 20, 2017 10:59am
Says you.  I set my target sell price back in May when I bought in with the expectation of sitting on it much longer than a couple of months.  In my trading plan if you are letting little surges shake you out of a trade you are doing it wrong.
Comment by Ethan1204 on Nov 20, 2017 12:27pm
Hi  I agree. I believe in the companies philosophy and management. The companies intention is to use the whole hemp plant as a resource. The company will continue to reasearch and innovate with the verstaility of the plant and shareholders will continue to see revenue growth. As a crop hemp will continue to be a new integrated health resource as well become more present in the consumer ...more