Post by
Stackinstocks on Jan 26, 2018 9:07am
It Makes me Laugh...
It makes me laugh when I hear how "risky" Sunniva is and how Canopy/Weed/Aphria etc etc are less risky.
Risk is a funny word because risk does not always account for potential return. I suppose these plays could be a bit less risky but investors shouldnt be concerned with just how risky an investment is, theyv should be concerned with the risk/return ratio. Could Canopy/ACB/Aphria drop 70%?Likely not, but quite possibly 20%-50%. It is also extremely unlikely in the next year they are going to increase 70% though as well
Could SNN retract 50%? Possibly, I dont see it but it could happen, sure. Could they move up 100% by end of year? Absolutely, could they be up 200% by end of year yup.
Of course anything is possibly on both ends but when you consider the odds of each scenario...
Which one would you rather be in?
Comment by
Torts2018 on Jan 26, 2018 9:37am
Yes you make a lot of sense. If anything looking at the week we have had and today, i deffinitley want a weed stock with the smallest float. Suddenly today every stock i have looks way over valued and is about to get crushed. SNN is a wise gamble for sure.
Comment by
pienter on Jan 27, 2018 5:30am
There are still a few others.....
Comment by
mjinvestor88 on Jan 26, 2018 10:45am
I have the same strategy and Emblem is the only public LP I still hold. I like their vision but I agree that management has not executed well. Given that they seem more interested in the medical market, I’m dissapointed they haven’t announced expansion into Europe. I also like ICC as a big producer who is undervalued relative to their competitors.
Comment by
Stackinstocks on Jan 26, 2018 11:37am
Hmm haven't looked into ICC at all, will have to read up a bit on them