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, […]
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