Medipharm Labs Corp T.LABS

Pot stocks vs Medipharm Labs/pharma applications and upside:

[subaru1i]

Let's analyze the political environment in North America and apply that to the global market.   Which segment within the cannabis industry has the most upside potential in North America and globally, the recreational market or the pharmaceutical market segment for cannabis?  

For example, Subo over in the Asian region of the world or Mohammed in the Middle East region of the world may not enjoy or even give any thought to enjoying cannabis at the recreational level even if completely legal but on health related matters, a pharmaceutical prescriptiondrug with a cannabinoid API to treat their health issue is no longer so much a personal choice of recreation but a personal choice regarding one's health.  

That's the real upside segment within the wide and varied cannabis domain.  

Just reminding, don't get caught in a sucker's rally in the recreational segment because that could still be years away and maybe never in some countries.

[Danno13]

Yes for sure it could be a suckers rally.So make sure to use a stop loss order if you buy a pot stock or for that matter any stock.Buy only when the stock enters an uptrend.

[subaru1i]

Agree, stop/loss is a good tool but don't set your price too tight.  I've gone through it where intraday the stock pulls back, you get stopped out and by the close it's up over 5% for the day.   I've heard talk from the 90's where some of the market makers that see the order books would play dirty to take advantage of those stop loss orders...true or not, don'

[Danno13]

I look for a Continuation Pivot Point to confirm that a move has corrected and remains in the upward  trend.This period of consolidation.It does two things: #1 it confirms the basic trend has not changed.# 2 It provides a place to buy # The pivot breakout with heavy volume gives you a better chance not to get stopped out.I average about 55% success cutting my losses around 5% or less and