Investors are advised to stay away from these investments despite recent gains 85 CONNECT 29 TWEET 1 LINKEDIN 4 Moves to legalize marijuana use is getting a variety of penny stocks high. The stocks have been heating up following Colorado’s move to be the first state to legalize the recreational use of marijuana. But be careful: You could get burned. […]
The eight stocks I was recommending this time last year and still hold included Facebook FB, +0.30% Google GOOG, -0.10% Apple AAPL, -0.35% The best performer over the last year or so has been Ambarella AMBA, +0.69% which is up nearly 150%, and my worst performer was Lindsay LNN, -0.43% which was down 3%. I did sell a few positions […]
All the tricks are the same, he says. The recently created marijuana board on Orens site contains pages of such discussions, including a challenge to turn $100 into $100,000 in 10 months. FusionPharm is currently or has been involved in 13 different promotions, seven of them paid for by an undisclosed or third party, according to StockPromoters . “All of […]
As part of a brand-new industry, pot stocks are, shall we say, immature. The best, most heavily traded options for medical marijuana stocks all trade over-the-counter. As penny stocks, medical marijuana stocks aren’t subject to the same regulatory scrutiny or listing requirements of stocks trading on a major exchange like the Nasdaq or New York Stock Exchange. As always, buyer […]
Twenty states allow the use of medical marijuana. It seems clear that the trend will continue and that marijuana will become a multibillion-dollar industry. Dozens of cannabis companies have sprung up as a result of a wave of legalization and decriminalization. Investors can now bet on them through so-called pot stocks and do they ever. When laws legalizing marijuana in […]
In 2014, pot companies had the most drastic ups and downs for penny stocks according to data analyzed by Openfolio, a social network for investors to share which stocks they’re trading. This indicates that pumping and dumping marijuana stocks has accelerated to a pretty insane degree. These stock promoters are unknown, and they “intend to be”. According to the data, […]
After the marijuana penny stock craze of 2014, several names have since crashed and burned. Medbox is an example of the extreme turbulence in the group, reaching a closing high of $73.90 on January 7, 2014. If anyone can remember, there were articles about financing experts giving some tips (and warnings) on what kind of stocks to invest and, […]
But that sudden surge forward during the first quarter was followed by one SEC halt after another which dogged the sector ever since. The category is expected to continue its decline next year, according to Viridian Capital & Research. The valuations among publicly traded companies are unsustainable relative to the underlying fundamentals, said Scott Greiper, CEO with Viridian Capital & […]
As you said you are not willing to do the research. You are basically the same as all of the pump and dumpers on Yahoo! finance. Shame on you. In one of those articles, I wrote in response to all that vitriol I received that, I sure hope that for every one of you bashing me, that somebody out there […]
Worse, OTC Market’s banned the company’s legal counsel, Guy-Jean Pierre,in 2010, and the SEC later charged him with issuing fraudulent attorney opinion letters that resulted in more than 70 million shares of microcap stock becoming available for unrestricted trading. On June 2, a few days after FusionPharm’s trading reinstatement, the company released a document explaining the origins of the SEC’s […]
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