This story is a bit off topic. I was at a famil
Post# of 56324
Posted On: 04/27/2014 8:59:56 PM
This story is a bit off topic.
I was at a family cook-out today...my girlfriends family not mine. She has a 26 year old brother-in-law who has just started investing a few hundred dollars into the stock market and initially was excited about MJ stocks...so of course about 6 weeks ago we both told him about FITX.
Well today he asked me if my girlfriend (his sister-in-law) told me about buying shares of TWEED once they go public. He told me that there is a company from Canada that currently has their license to grow and has purchased an old HERSHEY factory and it is going to be much bigger than FITX and is going to blow us away in production and profitability. He also told me that the stock hasn't yet had their IPO and you can't purchase shares yet..but once you can he might go all in.
I'm sorry folks but I didn't know how to respond. I tried to be polite but my body language certainly wasn't that friendly. I basically told him that they are already trading on the Canadian exchange and that they are only licensed to grow 30,000 lbs while FITX has applied to grow and EXPORT 1.3 million lbs per year. His stance or argument was that FITX does not have their license yet and he isn't holding his breath because he doesn't feel that they will ever receive it.
OMG people...this guy could one day be MY brother-in-law..He is young and very new to investing and told me that the huge volatility in the sector was freaking him out and forcing him on the sidelines.
I basically politely walked away without causing an argument. But if his sister-in-law and I stay together for another 3 to 4 years then I suppose he will be freaking out later at how wealthy we have become while he had the chance and I gave him the opportunity. I told him about it. I led him to the water. Can't make him drink of it.
Together we sit on 2 million shares now..he he he. I'm pretty confident I will get the last laugh.
I can't wait for tomorrow to get here. Let's ROLL
I was at a family cook-out today...my girlfriends family not mine. She has a 26 year old brother-in-law who has just started investing a few hundred dollars into the stock market and initially was excited about MJ stocks...so of course about 6 weeks ago we both told him about FITX.
Well today he asked me if my girlfriend (his sister-in-law) told me about buying shares of TWEED once they go public. He told me that there is a company from Canada that currently has their license to grow and has purchased an old HERSHEY factory and it is going to be much bigger than FITX and is going to blow us away in production and profitability. He also told me that the stock hasn't yet had their IPO and you can't purchase shares yet..but once you can he might go all in.
I'm sorry folks but I didn't know how to respond. I tried to be polite but my body language certainly wasn't that friendly. I basically told him that they are already trading on the Canadian exchange and that they are only licensed to grow 30,000 lbs while FITX has applied to grow and EXPORT 1.3 million lbs per year. His stance or argument was that FITX does not have their license yet and he isn't holding his breath because he doesn't feel that they will ever receive it.
OMG people...this guy could one day be MY brother-in-law..He is young and very new to investing and told me that the huge volatility in the sector was freaking him out and forcing him on the sidelines.
I basically politely walked away without causing an argument. But if his sister-in-law and I stay together for another 3 to 4 years then I suppose he will be freaking out later at how wealthy we have become while he had the chance and I gave him the opportunity. I told him about it. I led him to the water. Can't make him drink of it.
Together we sit on 2 million shares now..he he he. I'm pretty confident I will get the last laugh.
I can't wait for tomorrow to get here. Let's ROLL
(0)
(0)