See if you can guess who got bought and who did the buying. Man. For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim market updates and NFTRH+ dynamic updates and chart/trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email … Continue reading Oh Man, my Pot stock buys my other Pot stock
Pot stocks like APHA, CGC, TLRY and MJ, the Alt. Harvest ETF are up big the last few days. These are big bounces within still questionable chart situations. But I hold two US based dispensaries, PLNHF, which I’ve had for quite a while now and added TCNNF two days ago. I think they are both solid businesses with good plans. These charts are much different … Continue reading Pot Stocks on Fire… Man
Being a non-fundamental stock analyst I’d have to say that I chose well in deeming the vertically integrated Planet 13 (PLNHF, PLTH.CA) to be the only Pot stock I’d hold in a longer-term way. But today I finally took a partial profit after a 60% rise that I barely even noticed (that’s what happens when I decide to hold a stock for a while). An … Continue reading Planet 13’s Downtrend is Going Up in Smoke
Due to my unenthusiastic view of the sector from valuation, competition and regulation standpoints, the Pot segment in NFTRH is really just a chart showing the ETF (MJ), several growers and Charlotte’s Web (CWEB.TO/CWBHF), which we have identified as the the CBD best of breed (BoB). Well, “we” didn’t identify it as that. Fred Lacy, a long-time fundamental voice in my ear ID’d it as … Continue reading Pot Sector; What About Bob… and his Friend?
With a 79% profit-take on the remaining shares of CVSI (after a minor loss taken on GWPH yesterday) I am now out of this over valued sector… man. I think CVSI has a solid future as long as CBD Oil is not proven to be quackery, which people I know in real life swear is not the case. I think they’ll get a Nasdaq listing … Continue reading No Longer Long the Pot Bubble… Man
So the much anticipated day of Canadian pot legality is here. Canadian market celebrates pot stocks on first day of legal recreational cannabis sales Here is the cannabis crew at the TSX. The guy in the middle cracks me up because he is stereotypically right on it, fashion wise. The guy at right front in the ill fitting suit can’t even keep his eyes open. … Continue reading Oh Dude, Canada Goes to Pot