Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Is anybody short the market right now?
Comments
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You're missing out.MikeDamone said:
I didn’t walk. Still here waiting for a coherent argument. Yes, I’m in the industry. Not the retail side. And you need to think about what that is. I doubt you know.2001400ex said:
Did your even look up the stocks I was talking about? Clearly not. At least DaBoner walked when he realized he didn't know what he fuck he was talking about.salemcoog said:
Because supply grossly outweighs demand in the States where it is legal. You can now buy top shelf weed for2001400ex said:
Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.MikeDamone said:
Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.2001400ex said:
I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.MikeDamone said:
Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance2001400ex said:
MORL. 20 % dividend the 4 years I've owned it.Baseman said:Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.
$70 an ounce at some shops.
When it first became legal,
Prices were close to triple that. And until
The Feds Open the Gates, This market condition is
Not going anywhere.
Also I’ve never touched the stuff outside of CBD oil THC free. -
CBD and hemp-related products will provide better returns than MJ-related businesses. But still extremely risky as an investment and likely to have very high failure rates.MikeDamone said:
I didn’t walk. Still here waiting for a coherent argument. Yes, I’m in the industry. Not the retail side. And you need to think about what that is. I doubt you know.2001400ex said:
Did your even look up the stocks I was talking about? Clearly not. At least DaBoner walked when he realized he didn't know what he fuck he was talking about.salemcoog said:
Because supply grossly outweighs demand in the States where it is legal. You can now buy top shelf weed for2001400ex said:
Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.MikeDamone said:
Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.2001400ex said:
I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.MikeDamone said:
Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance2001400ex said:
MORL. 20 % dividend the 4 years I've owned it.Baseman said:Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.
$70 an ounce at some shops.
When it first became legal,
Prices were close to triple that. And until
The Feds Open the Gates, This market condition is
Not going anywhere.
Also I’ve never touched the stuff outside of CBD oil THC free.
Processors and testing companies will do fine. They are in the middle and really don't care about market prices.
But the supply side of inventory will drive the price down to essentially that of wheat or grain. Once farmers start converting their crops over to cannabis (whether MJ or hemp), the supply will outpace the demand. Good news for the consumer but not so much for the companies trying to drive revenue and growth. -
At the end of the day, it will be like big tobacco. There will be 3 or 4 large corporations that own it all. The question is, which ones will it be?PurpleThrobber said:
CBD and hemp-related products will provide better returns than MJ-related businesses. But still extremely risky as an investment and likely to have very high failure rates.MikeDamone said:
I didn’t walk. Still here waiting for a coherent argument. Yes, I’m in the industry. Not the retail side. And you need to think about what that is. I doubt you know.2001400ex said:
Did your even look up the stocks I was talking about? Clearly not. At least DaBoner walked when he realized he didn't know what he fuck he was talking about.salemcoog said:
Because supply grossly outweighs demand in the States where it is legal. You can now buy top shelf weed for2001400ex said:
Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.MikeDamone said:
Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.2001400ex said:
I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.MikeDamone said:
Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance2001400ex said:
MORL. 20 % dividend the 4 years I've owned it.Baseman said:Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.
$70 an ounce at some shops.
When it first became legal,
Prices were close to triple that. And until
The Feds Open the Gates, This market condition is
Not going anywhere.
Also I’ve never touched the stuff outside of CBD oil THC free.
Processors and testing companies will do fine. They are in the middle and really don't care about market prices.
But the supply side of inventory will drive the price down to essentially that of wheat or grain. Once farmers start converting their crops over to cannabis (whether MJ or hemp), the supply will outpace the demand. Good news for the consumer but not so much for the companies trying to drive revenue and growth.
