Good Morning All. The old saying “SELL IN MAY,
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Posted On: 05/05/2021 10:22:39 AM
Good Morning All. The old saying “SELL IN MAY, GO AWAY” is a mantra often cited by penny stock investors because the nicer weather allows nearly everyone to enjoy the great outdoors after a long bitter winter.
However, this year may be different because of covid.
My wife and I take two types of CBD each day to strengthen our immune systems (we order our CBD from Toodles who has his own shop and sells a wide variety of products), and I am happy to report we never did get covid while many we know did. I have previously told the story that we are in the high risk age category, we live just blocks from the regional hospital that treats covid patients, and our home is surrounded by hospital workers who work at that hospital. We are also very active, and get out in the public every day we can.
On the business channel this morning, they suggested buying teledoc type stocks because they claim this service is not likely to go away. They also discussed the huge gains made by those who invested early in these stocks. Maybe someday UNVC investors will have such an investment. Of course, Dalton would have to communicate what we own and what revenue it is producing before that is likely to happen.
Congress may eventually vote to legalize cannabis products --- they are talking about this as a way of raising money. There is also talk about reforming the banking system to allow cannabis banking --- as we all know, talk is cheap, but it just might finally happen. Dems apparently do need our money badly and even more then ever before, because Biden proposed implementing a marriage tax yesterday as a new way to raise more money. I look for even more creative ways to take our hard earned cash in the days ahead.
The bottom line, if you can afford to, stay invested in cannabis stocks because the industry is evolving as we speak. SOME DAY, should become our own mantra.
My suggestion, we may need more money just to survive this administration. So, invest and stay invested in cannabis related stocks and industries if you can safely afford to do so --- you never know, you might get lucky. Stranger things have happened. And, months ago Dalton did tell shareholders "NOW WEALTH CREATION."
Kgem
However, this year may be different because of covid.
My wife and I take two types of CBD each day to strengthen our immune systems (we order our CBD from Toodles who has his own shop and sells a wide variety of products), and I am happy to report we never did get covid while many we know did. I have previously told the story that we are in the high risk age category, we live just blocks from the regional hospital that treats covid patients, and our home is surrounded by hospital workers who work at that hospital. We are also very active, and get out in the public every day we can.
On the business channel this morning, they suggested buying teledoc type stocks because they claim this service is not likely to go away. They also discussed the huge gains made by those who invested early in these stocks. Maybe someday UNVC investors will have such an investment. Of course, Dalton would have to communicate what we own and what revenue it is producing before that is likely to happen.
Congress may eventually vote to legalize cannabis products --- they are talking about this as a way of raising money. There is also talk about reforming the banking system to allow cannabis banking --- as we all know, talk is cheap, but it just might finally happen. Dems apparently do need our money badly and even more then ever before, because Biden proposed implementing a marriage tax yesterday as a new way to raise more money. I look for even more creative ways to take our hard earned cash in the days ahead.
The bottom line, if you can afford to, stay invested in cannabis stocks because the industry is evolving as we speak. SOME DAY, should become our own mantra.
My suggestion, we may need more money just to survive this administration. So, invest and stay invested in cannabis related stocks and industries if you can safely afford to do so --- you never know, you might get lucky. Stranger things have happened. And, months ago Dalton did tell shareholders "NOW WEALTH CREATION."
Kgem
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