Day Trading
Posted: Thu Nov 07, 2019 1:20 am
Oil is the only commodity that hasn't appreciated in the last decade... just bizarre none of it makes sense. I was just saying word of caution that's all.
It kind if does, demand is lower (firstly alternate fuel sources are all the rage , though many are still in their infancy it forces the hand of producers to move as much volume as possible before pending :doom: and secondly the US is upping supply to become self sufficient so more volume)
Most Canadian pot stocks crashed hard a few mths after releasing IPOs. It's not as easy to grow as they thought I guessdubshow wrote: ↑Fri Nov 15, 2019 11:14 am I started up day trading. Swing trading small cap companies I find interesting and that are doing good things. I stay away from most biotech/pharma and financial company pump and dumps. I'll let yall know how I do. #yolo #betterthancasino
i also like some pot stocks but they are pretty volatile and can blow out quickly. Watching CGC from the sidelines.
I don’t think it’s growing that’s hard...and that’s the problem. Oversupply leads to prices too low to make money. I wouldn’t invest in any pot stock until there’s proven margin and positive cash flow for a few years, unless I got in on something before the hype, and dumped it quick.Tarspin wrote: ↑Sat Nov 16, 2019 6:58 amMost Canadian pot stocks crashed hard a few mths after releasing IPOs. It's not as easy to grow as they thought I guessdubshow wrote: ↑Fri Nov 15, 2019 11:14 am I started up day trading. Swing trading small cap companies I find interesting and that are doing good things. I stay away from most biotech/pharma and financial company pump and dumps. I'll let yall know how I do. #yolo #betterthancasino
i also like some pot stocks but they are pretty volatile and can blow out quickly. Watching CGC from the sidelines.
T'was hyped up to be the next get rich quick scheme, those rarely pan out anymore.
Detroit wrote: ↑Sun Nov 17, 2019 7:29 amI don’t think it’s growing that’s hard...and that’s the problem. Oversupply leads to prices too low to make money. I wouldn’t invest in any pot stock until there’s proven margin and positive cash flow for a few years, unless I got in on something before the hype, and dumped it quick.
Something is causing huge losses, like 325MM dollhairs, whatever the source of the problem is, I wouldn't be chasing them to make easy money. The gov supplied stuff has stringent tests, mold is a problem especially if too many plants are confined to small areas, all they need to do is touch one another and they shit the bed. But yeah, supply is literally everywhere so why bother.Detroit wrote: ↑Sun Nov 17, 2019 7:29 amI don’t think it’s growing that’s hard...and that’s the problem. Oversupply leads to prices too low to make money. I wouldn’t invest in any pot stock until there’s proven margin and positive cash flow for a few years, unless I got in on something before the hype, and dumped it quick.