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Weed Stocks a.k.a. "Get Educated"
http://hawthornevillager.com/phpbb/viewtopic.php?f=1&t=69837
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Author:  Carl [ Fri Jan 05, 2018 9:54 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

the drama is much more than that.

Actually it is more than 10% and not 10%. But the other major thing is that these stocks got breakers, meaning you cannot trade them end of yesterday.

But anyways, it got that huge roller coaster for so many recent days.

Author:  Hodor [ Fri Jan 05, 2018 2:24 pm ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Carl wrote:
the drama is much more than that.

Actually it is more than 10% and not 10%. But the other major thing is that these stocks got breakers, meaning you cannot trade them end of yesterday.

But anyways, it got that huge roller coaster for so many recent days.


What are you talking about? My weed stock portfolio (about 8 stocks) finished the day at -8.x% yesterday. This is after 100% gains over the previous 6 days, and over 200% total. Today they’re back up another 4%.

Not one of them was halted yesterday. Today, however, newstrike was halted for 9 minutes because it was going up too fast on the latest sales license news. It has since leveled off at +36%.

But thanks for telling me how my stocks are doing, Carl!

The envy in here is palpable.

Author:  Carl [ Fri Jan 05, 2018 4:06 pm ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Yesterday's trading halt news below (copied and pasted)

http://business.financialpost.com/news/ ... pot-stocks



TORONTO — Traders using at least two major online discount brokerage platforms are complaining of sporadic outages and expressing frustration that the latest glitch has tied their hands amidst a broad plunge in marijuana stocks.

Clients of TD Bank’s WebBroker and Royal Bank’s RBC Direct Investing platforms have again taken to social media to gripe about problems, after facing similar issues in recent days.

A TD spokesman says “unprecedented” trading volume continues to drive some intermittent delays for its online and mobile WebBroker clients, and the bank’s technical teams are continuing to work to resolve the issue.

https://twitter.com/TD_Canada/status/948962451881541633

Brandon Colwell, an economics student and WebBroker user, says he has lost at least $8,000 today and the outages on Dec. 29 and on Jan. 2 appear to be coinciding with surges in trading activity in the cannabis sector.

Several marijuana companies took a major hit today — with shares of Canada’s biggest licensed producer Canopy Growth (TSX:WEED) down as much as 19 per cent — after the Associated Press reported U.S. attorney general Jeff Sessions planned to rescind an Obama-era policy that allowed legalized pot to flourish in states south of the border. Pot stocks are since pared losses.

At least four cannabis-related firms listed on the Canadian Securities Exchange were temporarily halted today, according to the Investment Industry Regulatory Organization of Canada, due to the single-stock circuit breaker rule which limits sudden price swings of stocks.

Author:  catyvo22 [ Fri Jan 05, 2018 4:29 pm ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Hodor wrote:
Carl wrote:
I read today that the pot shares are down more than 10% based on US federal to crack down.


Yes unfortunately after seeing 100% gains over the past 6 days we did have a 10% pullback. Seems stock prices can’t go vertically.



There was plenty of green prior to New years, then a one day shake to end the year. Followed up with tons of green to start the year. A nice shake yesterday (THE SKY IS FALLING!!!. THE SKY IS FALLING!!!). And today, all green and recovered what yesterday brought. I'd say the ones with the shaky fingers get suckered out each sake. Go Green!

Author:  Mr.Peppermint [ Fri Jan 05, 2018 8:16 pm ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Carl wrote:
At least four cannabis-related firms listed on the Canadian Securities Exchange were temporarily halted today, according to the Investment Industry Regulatory Organization of Canada, due to the single-stock circuit breaker rule which limits sudden price swings of stocks.

http://business.financialpost.com/news/ ... t-breakers

The issue is most of your respondents do not actually grasp what the circuit breaker does
Their stocks crashed alot further than they realize

Author:  Hodor [ Fri Jan 05, 2018 9:15 pm ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

None of them hit circuit breakers yesterday.

They did on the 29th though. But not yesterday. Carl is confusing trading halts with RBC and TD trading platform crashes (an IT issue). Those of us on questrade and other platforms were fine. Neither of you have any clue what you’re talking about.

Yes, the jealousy is palpable, and it’s deeeeelicious!!

Author:  catyvo22 [ Sat Jan 06, 2018 2:35 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Hodor wrote:
None of them hit circuit breakers yesterday.

They did on the 29th though. But not yesterday. Carl is confusing trading halts with RBC and TD trading platform crashes (an IT issue). Those of us on questrade and other platforms were fine. Neither of you have any clue what you’re talking about.

Yes, the jealousy is palpable, and it’s deeeeelicious!!



Harsh. But true.

Author:  DRiFT_645 [ Sat Jan 06, 2018 10:34 pm ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Hodor wrote:
None of them hit circuit breakers yesterday.

They did on the 29th though. But not yesterday. Carl is confusing trading halts with RBC and TD trading platform crashes (an IT issue). Those of us on questrade and other platforms were fine. Neither of you have any clue what you’re talking about.

Yes, the jealousy is palpable, and it’s deeeeelicious!!


Agree 100%. IT issues are way different from a trading halt. Gotta love rookies selling when there’s a speedbump, or in this case a pebble on the road.

Author:  Carl [ Sun Jan 07, 2018 8:46 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Carl wrote:


http://business.financialpost.com/news/ ... pot-stocks

At least four cannabis-related firms listed on the Canadian Securities Exchange were temporarily halted today, according to the Investment Industry Regulatory Organization of Canada, due to the single-stock circuit breaker rule which limits sudden price swings of stocks.



Do not carried away with platform issues. The same article above, the thread applicable is copied and pasted. The above para indicates there was trading halt for cannabis-related firms.

Author:  Hodor [ Sun Jan 07, 2018 10:28 pm ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Carl wrote:
Carl wrote:


http://business.financialpost.com/news/ ... pot-stocks

At least four cannabis-related firms listed on the Canadian Securities Exchange were temporarily halted today, according to the Investment Industry Regulatory Organization of Canada, due to the single-stock circuit breaker rule which limits sudden price swings of stocks.



Do not carried away with platform issues. The same article above, the thread applicable is copied and pasted. The above para indicates there was trading halt for cannabis-related firms.


Which Canadian cannabis stocks had trading halts on Thursday? None of them. Anyway it doesn’t matter they all went up again on Friday. Pointless to argue with someone without any skin in the game. Get educated, Carl.

Author:  Carl [ Mon Jan 08, 2018 8:43 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Several marijuana companies took a major hit today — with shares of Canada’s biggest licensed producer Canopy Growth (TSX:WEED) down as much as 19 per cent — after the Associated Press reported U.S. attorney general Jeff Sessions planned to rescind an Obama-era policy that allowed legalized pot to flourish in states south of the border. Pot stocks are since pared losses.

At least four cannabis-related firms listed on the Canadian Securities Exchange were temporarily halted today, according to the Investment Industry Regulatory Organization of Canada, due to the single-stock circuit breaker rule which limits sudden price swings of stocks.


http://business.financialpost.com/news/ ... pot-stocks

Well, when one is in a long position, isn't it they always try to promote and does not want to take the negative things, right? Anyways the article indicates the stock Canopy Growth as well.

Author:  Hodor [ Mon Jan 08, 2018 10:14 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Didn’t see any halts on my end, and I believe that article is full of factual errors. Not like it mattered anyway though - “down as much as 19%” turned out to be somewhere around 4% at the end of the day.

After Friday’s gains, we’re up another 6% today erasing that horrible crash last Thursday and approaching brand new all-time-highs.

Still lots of time to get educated and get in on a brand new industry Carl - we’re still just getting started!

Author:  NotHawthorny [ Mon Jan 08, 2018 10:49 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Only 6%? My stuff is going at a much better rate. Canopy alone is breaking $37 today.

Author:  Hodor [ Mon Jan 08, 2018 11:49 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Spoke too soon. 11% now.

Image

Author:  NotHawthorny [ Mon Jan 08, 2018 11:52 am ]
Post subject:  Re: Weed Stocks a.k.a. "Get Educated"

Don't worry, Carl and Peppermint will be here to remind us what a stupid decision we have made. After all their two greatest assets have been mental stability and being, like, really smart.

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