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durian_2008
Cornucopian Eating an Elephant



Registered: 04/02/08
Posts: 17,103
Loc: Raccoon City
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Re: Just put $500 into an etrade account. [Re: Cannashroom]
#17480180 - 01/01/13 09:33 AM (11 years, 1 month ago) |
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Quote:
for moral reasons
That's what I was going to ask about. What is the bigger motivation -- profit or activism
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Ron
Choppa


Registered: 12/06/11
Posts: 282
Last seen: 10 years, 7 months
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Re: Just put $500 into an etrade account. [Re: Cannashroom]
#17516164 - 01/08/13 08:03 AM (11 years, 1 month ago) |
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Quote:
Cannashroom said: Oh and for MMJ stocks, MJNA is your best bet.
It has been hovering around .10 and is a good company IMO. They actually have millions of profit each quarter and are growing exponentially.
.10 could be $1-5 in a few years. But then again the fed could come shut it down anytime.
I hold 3K in this stock partly for moral reasons (cannabis cures cancer, and will fix the economy and global warming and such), but I also think it is a great investing opportunity.
Well so far I put $500 in Phillip Morris @ $83, $500 in MJNA @ $0.11 I see EEDG is falling down quite hard ATM, you still think EEDG is worth it? May put in another $500 to buy some of EEDG when it reaches minimum or < 0.5
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,117
Loc: Wind Turbine, AB
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Re: Just put $500 into an etrade account. [Re: Ron]
#17519392 - 01/08/13 08:13 PM (11 years, 1 month ago) |
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I love PM, and MO.
Philip Morris is one of the greatest dividend stocks IMO, no one quits smoking.
I also strongly believe that these marijuana stocks will all be bought up by cigarette companies as their legal status becomes more clear.
Tobacco companies have so much cashflow its obscene and the business model is too similar to ignore.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
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Cannashroom
Smoke two Joints



Registered: 10/25/07
Posts: 2,141
Loc: Everywhere
Last seen: 6 years, 10 months
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I am still holding lots of EEDG. They ran from .016 to .10 and found strong support at .07. They just had news today, watch out next week could be explosive. I think anything under .10 is good right now.
I also added more MJNA recently.
-------------------- "A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness. This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us. Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty. Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security." Albert Einstein
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Ron
Choppa


Registered: 12/06/11
Posts: 282
Last seen: 10 years, 7 months
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Re: Just put $500 into an etrade account. [Re: Cannashroom]
#17725388 - 02/01/13 08:23 AM (11 years, 23 days ago) |
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MJNA is around .30 now, I bet your pretty happy, I put another 1k in around .15
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Cannashroom
Smoke two Joints



Registered: 10/25/07
Posts: 2,141
Loc: Everywhere
Last seen: 6 years, 10 months
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Re: Just put $500 into an etrade account. [Re: Ron]
#17740499 - 02/03/13 08:16 PM (11 years, 21 days ago) |
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Yes this went up way faster than Expected!!
I sold some around .23 and again some at .30.
I am still holding half of my previous shares.
I am hoping it will come back down into the .20s this week so I can move money from other stocks into it.
I won't be surprised to see a big drop tomorrow, but it could keep running too. Very overbought on the charts, but the volume has been crazy. I really hope for a pullback to load the boat but this could be zooming to $1 really fast.
I bet you're pleased as well!
-------------------- "A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness. This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us. Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty. Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security." Albert Einstein
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Ron
Choppa


Registered: 12/06/11
Posts: 282
Last seen: 10 years, 7 months
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Re: Just put $500 into an etrade account. [Re: Cannashroom]
#17745670 - 02/04/13 06:11 PM (11 years, 20 days ago) |
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Quote:
Cannashroom said: Yes this went up way faster than Expected!!
I sold some around .23 and again some at .30.
I am still holding half of my previous shares.
I am hoping it will come back down into the .20s this week so I can move money from other stocks into it.
I won't be surprised to see a big drop tomorrow, but it could keep running too. Very overbought on the charts, but the volume has been crazy. I really hope for a pullback to load the boat but this could be zooming to $1 really fast.
I bet you're pleased as well!
Would it be worth selling around .40-.50? And wait for it to drop?
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Cannashroom
Smoke two Joints



Registered: 10/25/07
Posts: 2,141
Loc: Everywhere
Last seen: 6 years, 10 months
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Re: Just put $500 into an etrade account. [Re: Ron]
#17746887 - 02/04/13 09:35 PM (11 years, 20 days ago) |
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I think selling some would not be a bad idea, I wouldn't sell it all though.
I sold too early thinking it would drop. Nothing goes up forever. If the crazy volume continues it might not drop. and just trade sideways.
I would have sold half here, I already sold half between .23-.35.
I bought more shares and flipped from .42 to .47 today. I bought a bit more at the close for a gap tomorrow too. I think we will open at .45 and run for .50 again. If we cannot break .50 tomorrow, it should consolidate in the .40s, 30s or maybe even .20s (doubtful, but I hope so I can load the boat) for a week or so.
So if it doesn't make a new high tomorrow I would sell half and hope to buy lower. That said if you have the cash to buy a dip without selling you could hold.
What are you more worried of leaving some on the table or missing your chance of profits?
Chart looks a bit topped out, but this volume was incredibly surprising, anything could happen.
Selling some here is not a bad Idea.
-------------------- "A human being is part of the whole, called by us 'Universe'; a part limited in time and space. He experiences himself, his thoughts and feelings as something separated from the rest -- a kind of optical delusion of his consciousness. This delusion is a kind of prison for us, restricting us to our personal desires and affection for a few persons nearest us. Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole nature in its beauty. Nobody is able to achieve this completely but striving for such achievement is, in itself, a part of the liberation and a foundation for inner security." Albert Einstein
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