Author Topic: marijuana stocks  (Read 2318 times)

TBW

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Re: marijuana stocks
« Reply #10 on: December 05, 2018, 10:56:01 AM »
That is a compelling case they make.  I am short some.

If you want to see an insane amount of cognitive dissonance check out the reddit group r/weedstocks.  The opinions are insane.  The level of ignorance for some invested in these companies is shocking, and I expected the knowledge level to be poor...


Lakesider

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Re: marijuana stocks
« Reply #11 on: December 05, 2018, 11:30:24 AM »
That is a compelling case they make.  I am short some.

If you want to see an insane amount of cognitive dissonance check out the reddit group r/weedstocks.  The opinions are insane.  The level of ignorance for some invested in these companies is shocking, and I expected the knowledge level to be poor...

Still not as bad as some of the Crypto arguments during the peak. 
« Last Edit: December 05, 2018, 11:40:56 AM by Lakesider »

Cigarbutt

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Re: marijuana stocks
« Reply #12 on: December 05, 2018, 11:39:11 AM »
http://www.qcmfunds.com/aa/

Recent and relevant comments by PCM (Q3 18):
http://www.patientcapital.com/news
Mr. Maida's point: Value investment is not dead, just stoned.

Gregmal

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Re: marijuana stocks
« Reply #13 on: December 05, 2018, 12:05:06 PM »
These are still pretty much all grossly overvalued. That's not to say there isn't a risk fledgling tobacco and alcohol companies don't incinerate a few billion dollars here or there to try to create the appearance they are innovating...

TBW

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Re: marijuana stocks
« Reply #14 on: December 05, 2018, 12:38:08 PM »
I think risk of acquisition has dropped a lot now. For one bubble may have burst, reduces exec fomo. Also if Aphria is a fraud, as the report makes a compelling case it is, Corp lawyers may need to more due diligence down process. And slow down in purchasing process should allow valuations to matter more than sentiment.


bianji108

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Re: marijuana stocks
« Reply #15 on: December 05, 2018, 04:34:18 PM »
saw NBEV bought a multi-level marketing bev company and declares they are selling CBD-infused drink to China & Japan...

TBW

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Re: marijuana stocks
« Reply #16 on: December 07, 2018, 05:22:25 AM »

Gregmal

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Re: marijuana stocks
« Reply #17 on: December 07, 2018, 06:03:37 AM »
I was wrong about acquisitions...

https://www.reuters.com/article/us-cronos-group-m-a-altria-group-idUSKBN1O61BS

Cronos is a total POS. But it's one of the big names and the cost is obviously much lower than CGC or TLRY. These desperation moves are so obvious. I don't know how you get a GROUP of high paid executives together and come to a consensus that THIS is a good use of corporate resources. At least when PEP bought SODA or KO bought GMCR they pretended to have a plan... What's funny is that when it fails, rather than curb it, they'll buy it out completely just to bury it privately...

Jurgis

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Re: marijuana stocks
« Reply #18 on: December 07, 2018, 06:42:45 AM »
"Before you can be rich, you must be poor." - Nef Anyo
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