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Stock Thread 2018

The hype seems to have faded for the weed stocks and bitcoin.
Any predictions for the next big thing?
 
Blankpage said:
The hype seems to have faded for the weed stocks and bitcoin.
Any predictions for the next big thing?
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Weed stocks doing fine if got in around December or April’s dip. Mcig is worth looking at. .20 now at .32 and creeping.

Aurora is diluted due to acquisitions but come September/October once Canada’s market is open and running, things will look great.

Organigram is touted as one to accumulate. It’s like to get bought by a majorly player at some point. It’s come down from a 52 week high
 
I'm not ready to gamble on weed stocks. I know nothing and haven't read a thing about that industry. But its new enough that there is likely to be opportunity.
The early entrants in a new industry often are not the winners.

Elderly is gonna be huge. I would expect to find steady gains there.

Been watching Align Technology kicking ass for a while now but always thought it was too hot to touch yet it kept going and I'm still missing out :(
 
russ69 said:
Investing in new and growing industries (no pun) does not insure you will make a profit. Investing in profitable companies that have a history of making a profit is the better concept.
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Yeah I agree but then you have AMZN NFLX TSLA not make much profit at all yet investors getting rich. Weed stocks may or may not do similar but if they do I'll be missing out.
 
Vice's do tend to be somewhat isolated from downturns in spending of discretionary income.
 
byke said:
Vice's do tend to be somewhat isolated from downturns in spending of discretionary income.
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In sales yes but when the bottom comes out of the market all stocks gets flushed down the drain.
The vice's may bounce back a lot quicker.
 
That's true. Something like 2008 happens and they're probably not going to fight the trend unless something very specific is happening. Maybe keep an eye on gwph for that fda approval.
 
Blankpage said:
Yeah I agree but then you have AMZN NFLX TSLA not make much profit at all yet investors getting rich. Weed stocks may or may not do similar but if they do I'll be missing out.
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And how many dotcoms went to zero that were founded in the same era as those? Impossible to pick long term winners if it's 1998 instead of 2018. Same is true for today's hot new ideas. Some will get lucky and rich, many will lose out on busts.
 
Cycle61 said:
And how many dotcoms went to zero that were founded in the same era as those? Impossible to pick long term winners if it's 1998 instead of 2018. Same is true for today's hot new ideas. Some will get lucky and rich, many will lose out on busts.
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Don't know how many went to zero. Its a different market now. You could make a ton back then because companies went public much smaller than today with market caps in the low hundreds of millions and lower. Yeah many of them didn't make it but even then it still wasn't picking totally blind. There were obvious fluff not worth looking at but some stood out as having potential at some point if things fell in line.
Today's techs are valued at several billion already by the time they IPO. The multiplying factor isn't there anymore if you do happen to luck out and pick a winner.
 
So I bought some Yahoo stock last year and Altaba acquired them making the stock worth a little more. Now Altaba sent me an e-mail saying there is a Tender Offer for my shares. Question is, not sure what a tender offer is and has anyone ever encountered a situation like this?
As for weed stocks, I bought some MEDFF and it seems to be doing ok. Also, been looking to buy some RACE stock, anyone here think it would be a go buy?
 
everyone's portfolio should have been performing well in 2Q18 but it was scary in 1Q. not going to get complacent ...

there's nothing wrong with having an interest in a growing industry and buying stock, just be sure you can afford to lose it. it's all about having diversification in your portfolio. i have heard 4% to be the recommended maximum % to invest in one single stock.
 
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StuckIn3rd said:
So I bought some Yahoo stock last year and Altaba acquired them making the stock worth a little more. Now Altaba sent me an e-mail saying there is a Tender Offer for my shares. Question is, not sure what a tender offer is and has anyone ever encountered a situation like this?
As for weed stocks, I bought some MEDFF and it seems to be doing ok. Also, been looking to buy some RACE stock, anyone here think it would be a go buy?
Click to expand...

A tender simply means that the company that issued the shares will tender (offer) you a fixed price for your shares on a certain date. It's typically, but not always a price advantage for you. In other words, if the stock trades at 6, they might offer you 6.25. If you accept the tender, then the shares magically disappear from your account and either money or shares of another company appear ( some tenders are for share swaps).
 
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