Thanks for putting this on my radar Jersey.....
Post# of 75384
Posted On: 10/11/2016 8:30:56 PM
Thanks for putting this on my radar Jersey.....
And I'm glad I didn't hesitate on Monday....I saw the potential for explosive growth in the PPS almost immediately.
I've thus far avoided the rush into Marijuana stocks...Obviously Wacky Tabacky is going to be a hot sector, but there are so many companies out there, probably 100+, and most of them have already made big gains which to my way of thinking makes them riskier....especially as they're mostly OTC penny stocks with a lot of them on the pink sheets and not even reporting.
I did get into a few Lithium stocks early however, and being early early helps mitigate a lot of the risks when you're dealing with a hot sector.
What I love here is that RMHB isn't really MJ play....but it does have a MJ angle to it. There are so many articles being written about the health and medical benefits of Cannabis....and I can definitely see the potential for RMHB to catch fire.
I'm not one of those guys though who's gonna scream YOU GOTTA GET IN NOW!!! that's not my style....there are still risks obviously. Companies don't have their shares relegated to the pink sheets because of stellar performance. But its good to see the company getting off the gray market, and if they're able to get on the AMEX (I'm old so it will always be the AMEX to me) then obviously that would be a huge accomplishment...
I'm going to try and get something up on my blog, Avoid The Bag, about Rocky Mountain....
And I'm glad I didn't hesitate on Monday....I saw the potential for explosive growth in the PPS almost immediately.
I've thus far avoided the rush into Marijuana stocks...Obviously Wacky Tabacky is going to be a hot sector, but there are so many companies out there, probably 100+, and most of them have already made big gains which to my way of thinking makes them riskier....especially as they're mostly OTC penny stocks with a lot of them on the pink sheets and not even reporting.
I did get into a few Lithium stocks early however, and being early early helps mitigate a lot of the risks when you're dealing with a hot sector.
What I love here is that RMHB isn't really MJ play....but it does have a MJ angle to it. There are so many articles being written about the health and medical benefits of Cannabis....and I can definitely see the potential for RMHB to catch fire.
I'm not one of those guys though who's gonna scream YOU GOTTA GET IN NOW!!! that's not my style....there are still risks obviously. Companies don't have their shares relegated to the pink sheets because of stellar performance. But its good to see the company getting off the gray market, and if they're able to get on the AMEX (I'm old so it will always be the AMEX to me) then obviously that would be a huge accomplishment...
I'm going to try and get something up on my blog, Avoid The Bag, about Rocky Mountain....
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Check out my blog if you like: Avoid The Bag