Cannabis stock prices have been on the move again!
Cannabis stocks are still being very volatile right now! Hang on! I just was in a conference where we were comparing charts from years gone by on individual stocks and on whole sectors and came out with some more understanding. Hanging on while some drop is key to this whole thing. The best advice is to stay diversified meaning don’t throw all your capital at one opportunity. Like i said in the welcome letter, Pick a few different areas and use common amounts. Say if your bankroll is $200, Pick 4 companies and put $50 in each that way you are not overfunded if one fails and not underfunded if one takes off. And like always “DON’T SPEND THE LUNCH MONEY”
Since late last year the whole Cannabis sector has been very volatile! It has never dropped to where we started. That is the movement of all the stocks in the list I provide. Of course there are some losers in there but like I have saying all along in this journey, The winners are doing better so overall we are in good shape. My personal portfolio is up over 150% still! It is a bumpy ride but if you pay some attention you can get your seed money back (like I did).
California going recreational hasn’t really effected the stock market yet as the state is moving slowly deliberately to make sure they implement a functional system to regulate the industry. Keep an eye on the market thru the summer but sooner or later we will see a giant spike due to California’s law change.
Unbelievable to a guy like me who is not a great gambler and the stock market feels like gambling to me. Kinda like Horse Racing, or statiscal analysis of other sports betting but it still comes down to betting on something happening. The Cannabis Market is akin to some of my accumulated knowledge thru the years so I am so grateful for the chance to invest in the legal gains of the growth of an industry that can change the footprint of American Society.
This past week I was able to take some more profits, and I am still holding a portfolio with almost double the value. I only have to do what I have been doing one more time and I will have my original investment back and a portfolio worth twice what I started with. The amount doesn’t matter 3 times anything in 13 months is awesome growth in my book.
It is far from over people. The Hottest stock right now is
Isodiol International Inc ISOLF:OTCQB (Common Stock)
At this wring I am just about gaining 10x my investment. I did take my initial investment out alrerady and have almost 8 times my original investment! Is that awesome or what. Check it out! If you don’t have an acct send me your email address at firstname.lastname@example.org and I will send you a link to get three free trades at Scottrade which will soon be TDAmertrade.
Last week we experienced some real highs in a couple areas especially the pharmaceuticals. Due to a budgetary crisis I was forced to sell but now they have dropped back down and I am scrambling to fund myself back to the same point. These stocks are so volatile you have to keep an eye on the crystal ball!
Since I first started following last summer
there has been some great gains. I keep watching as the cannabis stock prices continue to rise!
Read my first article on this. This is one of those rare opportunities in the market. Every now and then these opportunities to create wealth for the average guy come along. This is a time when a small stake can zoom to unprecedented highs.
The Cannabis or Hemp Stocks are still being touted all over by stock analysts as a way to become a millionaire. The tide is just turning on these and experts believe that you can still hop on the train. Although it will be more like a roller coaster ride I hate to say. These are not for the worrying investor.
They are all very volatile! Be a little wary and my best advice is: Don’t invest the grocery money. Investing in the stock market is akin to gambling. If you have even a little extra cash this could be a way to turn $250 into thousands. Here are some examples of the ads:
There will be a boom
Looking back at the 30 stocks that are on the list I give out for free you can see that overall they have performed great in the last year. Some of them have done better than double already! 2017 is going to be a great year for this investment with 8 states having loosened the prohibition in the last election. There is a boom in the market for agriculture companies, retail, wholesale, investment and on and on. Ending the prohibition on hemp can lead to massive growth in many related industries.
The Overall Value
As more people are exposed to the benefits that the hemp plant can bestow on us more and more opportunities will arise. With there being thousands of uses for hemp the future looks very bright. It is not just the unbelievable medical benefits that cannabis has, it is the overall value of hemp that will be leading the charge. The fuel industry is one that is lagging due to the massive fossil fuel lobby and influence. We could change the world with hemp bio-diesel alone. Did you know that spilling hemp bio-diesel is akin to fertilizing not spoiling the environment.
I personally hemmed and hawed for a couple months before jumping in. I created my portfolio in mid October. I chose 7 of the companies on my list and invested a small amount. I am happy to say that they are up 28% overall as of this morning. I have 2 that have doubled already and 1 up 40% and 2 that are slightly off by single digits and one that slid 20%. Overall I am in a winning spot. I plan to hang on for the duration and hope for a windfall. 😉
What I did was diversify thru the different areas of the market and can tell you that the pharmaceutical companies are the ones that I have that are doing the best. I believe this to be because they are finally starting to research the true benefits of this amazing plant. Do your due diligence and research these stocks. You don’t have to be an expert just use some common sense. As a small investor I tend to go with the companies who have a market appeal to me. I am big on the use of CBD’s as a medical treatment and a dietary supplement so I naturally gravitated toward some pharmaceutical companies. Use your common sense.
Countries all over the world are jumping on the band wagon which fuels competition and drives the stock prices up. Israel has decriminalized marijuana with the Minister of Justice calling for fines in the matter. Germany has legalized medical cannabis and Canada is poised to be the first main stream country to legalize cannabis nationwide. There are many Canadian companies worth looking into at this point. The trend to end the prohibition of hemp is global!
A lot of our domestic progress in this field will depend on our new Presidents administrations handling of the federal policies. I discussed Trump and his connection in a previous article. Check it out! The one problem I see since then is his selection for Attorney general. Sessions may be good in some ways but he has been an outright enemy of the cannabis movement. It will be interesting to see how this plays out. The best scenario would be declassification of cannabis from the schedule one it has been on since Nixon in the seventies.
As the experiment , as many are calling it, continues in Colorado and the other states that have completely legalized recreational use for adults you will see more states jumping on the band wagon. How can they not see just the fiscal implications. Billions in tax revenue has helped these experimental states get back in the black in their books. There is a redistribution of the capital in those states with far less being spent in the penal system and more in business expansion! The effects of legalization have been all good so far.
Give it a shot
So whatever you think you can spare for this $50, $500, a thousand or more, whatever. Do some research and get your stake now. I believe that there is an imminent explosion in this market an we might as well get poised to profit on it now no matter what your investment size. Cannabis stock prices are sure to keep on growing. I have read several reports pointing to this early spring to be a signal as to the immediate growth pattern. In the long term some these are going to turn out like blue chip keepers. Like Apple, Amazon and Microsoft. There has already been one round of expansion in 2014 when groups of stocks in Cannabis related fields rallied to 1000’s of percent gains.
If you want to start researching and get a few free trades consider Scottrade
You can get three free trades using this info
Referred by:DENNIS M DARRAGH
Be sure to reference this code when you open your account online or at a local Scottrade branch office, so we will both receive 3 free trades!
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Thanks for stopping by, Dennis Darragh