Marijuana Stocks: The New "DotCom" Bubble? By Gregory Mannarino

in #money • 6 years ago

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Marijuana Stocks: Speculative LaLa land reminds me of the DotCom Bubble. How do/are companies with no earnings justifying these kinds of gains? Wow...
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#stocks #trading #investing #blog
6 years ago in #money by
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     6 years ago 

    Thanks for the info! Hopped on the wave and riding higher. Partial jump off scheduled at higher numbers then sailing into sunset with the rest.

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       6 years ago 

      Well, isn't that the essence of stock trading? Spekulation, taking risks based on assumptions and so on?
      In this case its the assumption that Hemp products will get taken from the illegal drugs list. In some countries it already has, and even in some states in the US. I guess the possibility is there that it happens.
      If it really happens - and if the USA legalize it, a lot of countries will follow soon - it will become a mega market, probably bigger than the beer industry.
      And if it happens, you are either one of the early birds who catch the worm, or you belong to the masses who try to jump on the band waggon too late.

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         6 years ago 

        Everything that goes up it will go down, point.

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