Q: I allocate ~5% of my portfolio to speculative holdings. I consider APH, a marijuana stock, to fall under this category and currently hold this. I'm looking to add PHO to this category, as it sounds like a riskier growth stock. In your opinion, would adding a 2% allocation be sensible or would you advocate purchasing more of a full position to reap the full rewards? Would you ever advocate buying 2% positions?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I took a flyer on both CGC & APH yesterday & immediately covered with stops on both to protect any downside. Today I was (on paper) up significantly on both, however the automatic market control system placed 3 separate Stop Trade Orders on CGC throughout the day & 2 separate stops on APH. Unfortunately, I lost on both. Perhaps it might be beneficial to advise members of the Catch 22 that can result.
Q: What caused the triggering of the "Stop Trading Order" this morning at about 1042 AM? Thank you.
Q: Hi 5I
Took your advice and stayed out of the Marijuana business. What a bummer man. It feels like the train left the station and I forgot to get on. (isn't forgetfulness one of the side effects)
Having said that, I get your theory that there is too many unknowns, however, the near sweep of relaxing laws in the US election has me feeling the inevitable will occur in Canada. If you were to bet (I acknowledge its a gamble) on one producer, who would that be?
Took your advice and stayed out of the Marijuana business. What a bummer man. It feels like the train left the station and I forgot to get on. (isn't forgetfulness one of the side effects)
Having said that, I get your theory that there is too many unknowns, however, the near sweep of relaxing laws in the US election has me feeling the inevitable will occur in Canada. If you were to bet (I acknowledge its a gamble) on one producer, who would that be?
Q: i have owned aphria from the beginning,i agree with you this rally in maryjane stocks has taken them to ridiculous valuations-- old saying never fight the tape.
my question is are we missing something, why do these stocks keep going higher, is it because 8 states approved legal maryjane in some form, will u.s. maryjane companies buy cdn companies with cheap cdn dollars -- what am i missing.dave
my question is are we missing something, why do these stocks keep going higher, is it because 8 states approved legal maryjane in some form, will u.s. maryjane companies buy cdn companies with cheap cdn dollars -- what am i missing.dave
Q: I have been following and learning about this sector.
Canopy Growth with the announcement of rapper Snoop Dog's involvement was part of the reason for CGC's price rise a few weeks ago. CGC-TSX is listed on the TSX in Canada and on the U.S. as TWMJF-OTC.
Per Health Canada's website there are 36 Marijuana licensed companies in Canada. Not all are licensed to sell as some can only produce, and not all are public companies.
CGC-tsx, TWMJF-OTC, Canopy Growth is the 1st such company in the G7 countries to have a signed agreement to provide the product to Germany for it patients. It has positive revenue.
Alaska very recently approved recreational use for cannabis.
There has been a lot of $$ made recently for those so inclined and astute and informed. I recommend none of the companies, as everyone makes their own choices.
Some public companies:
CGC-tsx
OGI-tsxv
APH-TSXV
CANN and equipment & media surlier
FITX
PHOT
EDXC
EAPH
ENRT
FSPM
Best of luck. Lets make some $$$$.
Canopy Growth with the announcement of rapper Snoop Dog's involvement was part of the reason for CGC's price rise a few weeks ago. CGC-TSX is listed on the TSX in Canada and on the U.S. as TWMJF-OTC.
Per Health Canada's website there are 36 Marijuana licensed companies in Canada. Not all are licensed to sell as some can only produce, and not all are public companies.
CGC-tsx, TWMJF-OTC, Canopy Growth is the 1st such company in the G7 countries to have a signed agreement to provide the product to Germany for it patients. It has positive revenue.
Alaska very recently approved recreational use for cannabis.
There has been a lot of $$ made recently for those so inclined and astute and informed. I recommend none of the companies, as everyone makes their own choices.
Some public companies:
CGC-tsx
OGI-tsxv
APH-TSXV
CANN and equipment & media surlier
FITX
PHOT
EDXC
EAPH
ENRT
FSPM
Best of luck. Lets make some $$$$.
Q: Please comment on the marijuana sector meltdown. Any idea what turned the green momentum into a bloodbath today? Is the speculative money that the fueled the rally all exiting en masse?
There was news that Lowblaws is applying for a license to dispense marijuana. Considering that the crop is almost as easy to grow as tomatoes, would some of the BC based hothouses look to apply for production licenses?
There was news that Lowblaws is applying for a license to dispense marijuana. Considering that the crop is almost as easy to grow as tomatoes, would some of the BC based hothouses look to apply for production licenses?
Q: Hearing much talk about Mar1juana becoming legal shortly in a number of US states as well as here in Canada which could possibly drive up the stock price of some of the small companies now involved, in both countries.
Do you have any suggestions as to what companies are listed on both markets that could benefit greatly.
Many thanks for all your great help. Don't know what I would have done without it last few years.
Hal
Do you have any suggestions as to what companies are listed on both markets that could benefit greatly.
Many thanks for all your great help. Don't know what I would have done without it last few years.
Hal
Q: Medical Marijuana Companies.
I am considering the purchase of these Medical Marijuana Companies. APH & MT. What are your thoughts. I understand there are a few other Companies in this field like CGC, OGI
I am considering the purchase of these Medical Marijuana Companies. APH & MT. What are your thoughts. I understand there are a few other Companies in this field like CGC, OGI
Q: With Marijuana going to be legalized in Canada. And Companies listed on TSX selling it. Is there any potential. Do you like any Companies.
Q: Can you explain the recent run ups on the stocks Organigram and Aphria? Are they just paralleling the excitement generated by Canopy moving from the Venture Exchange to the TSX? I feel like I might be missing the boat if I don't buy now.
Q: just a comment , but i am quite sure you guys are missing the boat on maryjane stocks, i own the above 2 and all i do is make money.
the point is you do not value these stocks on financial metrics, but on the future and the market is astronomical and legalization is coming in a hurry where licensed producers will mint money.and medical maryjane is huge and getting a lot bigger especially for the elderly with all their aches and pains including me. please comment. dave
the point is you do not value these stocks on financial metrics, but on the future and the market is astronomical and legalization is coming in a hurry where licensed producers will mint money.and medical maryjane is huge and getting a lot bigger especially for the elderly with all their aches and pains including me. please comment. dave
Q: Hi Peter;
Can you comment on APH Aphria's 4th quarter and year end results for the year ended 31 May 2016. I am up $2,000 plus.
Buy, hold or sell?
Cheers
Ron
Can you comment on APH Aphria's 4th quarter and year end results for the year ended 31 May 2016. I am up $2,000 plus.
Buy, hold or sell?
Cheers
Ron