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Marijuana Industry Discussion
(Total Views: 676)
Posted On: 01/03/2018 5:46:06 PM
Post# of 127
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Posted By: alamjob239
My predictions to US Marijuana Stocks. Overall prediction is Bold Green. This is comparable to California Gold Rush, DotCom Boom or Colorado Legalization in 2014 or Alcohol Prohibition End in USA. I believe US marijuana stocks will keep doing very good going forward. During the long run, we will be seeing some profit taking but I think we should be careful because your profit taking could be lot less than what the actual profits will end up. To handle this you can sell few along the way and buy back when they dip. But again you have to be very careful because market will be more volatile than previous day as we will approach 1st quarter earning. The California once in a lifetime catalyst is more relational to California and close-by related States based companies though communities from other States will also play vital roles. Canadian and North American MJ Stocks keep rallying even after January 1st 2018 which I did not expect at all and I think they are extremely overvalued and way way way ahead of the the game. I am not taking chances with 10 feet pole. If you ask me Canadian stocks need 30%-50% even more corrections. If they do not, they will have hard time to attract investors simply put. One can imagine that a monster MJ market just got unsealed which is California MJ market. New Microsoft, IBM, Cisco, Facebook, Google like companies will appear over time. But it is hard to imagine which are the ones will be the gold ones. I prefer diversification for my portfolio and like to have stocks from different price levels, Usually when a brand new US industry is created, it is protected by US government and there will entry to barrier from other countries and things you do not hear from the news articles that much. I see many of the stocks are still at the low sides and some of them tax loss selling victims. Some of these stocks can go much higher when the positions will be reclaimed. Few of the companies I like ad I think they have either solid products or services are the following:
AGTK GBLX TRTC SING HEMP GRNH ZDPY KSHB FTPM RMHB

Some of the speculative ones I believe could be PLPL, MJTK, MYDX, PZOO, VPOR

Many people mix up with pure US MJ stocks with other kinds. There are Canadian MJ stocks and there are North American MJ Stocks.

At this point I am focusing on US MJ Stocks at least until the 1st Quarter Earning report in 2018.
During June/July I will be focusing on Candian Stocks.
During November/December I will be focusing on all because by that time many things will be settled.

Feel free to share your opinions. Post your favorite US MJ Stocks.

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Marijuana Stocks Millionaire Club

Quote:
Timing is everything.




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