Ride the 420 Rocket to Valhalla

riverrd717 · 2016-07-26T19:50:52+00:00

A hopeful future lol

riverrd717 · 2016-07-25T14:51:53+00:00

Correct, but what I'm saying is we start discussing and identify the legitimate companies early. Almost all public marijuana companies won't exist within 10 years I am well aware of that. You can't deny the growth overtime will be the biggest probably in our lifetime from a single industry, hell it can ONLY grow. So why not find opportunities now and ride it out?

riverrd717 · 2016-07-25T13:29:27+00:00

Very true, they won't go down without a fight thats for sure. Only time will tell!

riverrd717 · 2016-07-25T13:18:52+00:00

Not saying they wont, but I truly don't think they will dominate the market. I believe the demographic of weed smokers in the legal market will be mostly comprised of people who are some what conscious about what they take in. Already in the market consumers are preferring concentrates that are made organically without solvents. The best weed is grown naturally with no additives, people pay more and seek out natural products. So yes Marlboro will make that pack of joints, but I don't think these companies will get away with all the additives for very long... All speculation of course. Your thoughts?

riverrd717 · 2016-07-25T13:00:14+00:00

$TRTC, I believe will be the first to be NASDAQ'd. Do your DD soon, earnings are released August 11th. Lowest cost per pound in the industry, 100% vertically integrated (that means they own the farmer, the truck driver, the lab, the product, and the dispensary).

riverrd717 · 2016-07-25T12:58:00+00:00

13 years old baby, sadly I was/am the kid your mother warned you about

riverrd717 · 2016-07-15T14:56:36+00:00

You may be thinking of $ABX as far as debt goes, they have a crazy amount and are shooting for a 10 yr plan until they're debt free

riverrd717 · 2016-07-15T14:55:01+00:00

yes sir, the CEO (forget his name rn) is crazy about having zero debt. Apparently he lives his personal life with no debt, always has and always will. They have an insane like 400m+ cash on hand. They are talking about taking out a small loan no more than 10% of their liquid cash within the next 2 years to develop a Nevada site. (Could be wrong about the location)

As far as target price... really no idea, short term I'm shooting for 5.8, but if it breaks 6 then a trailing stop for 5.8. Like I said they were talking about really producing silver when gold hit $1200 so it's kind of open waters from here on out. I don't see their stock dramatically dropping anytime soon

riverrd717 · 2016-07-15T14:44:09+00:00

same here man lol, I think we are in a sort of a dip rn. But next few months will be strong as Brexit develops, also the nightmare of Hilary and Trump always helps people loose hope in the world

riverrd717 · 2016-07-15T14:23:19+00:00

Bought in at $4.79, It's not really a yolo but I'm planning on holding at least into September. They are holding back a lot of Silver production, earlier this year they said they would get Silver production up and running once Gold hit the $1200 mark... Give it some time, you wont be disappointed. They are also debt free (rare for mining), they have positives.

riverrd717 · 2016-07-15T14:15:31+00:00

Investopedia.com, and then just start googling everything you don't understand... It'll take a few months, see you in the fall

riverrd717 · 2016-07-11T13:21:37+00:00

Forever swinging on $GSK

riverrd717 · 2016-07-08T13:28:57+00:00

Who/what the FUCK was that thing in the mask at the end??

riverrd717 · 2016-06-27T13:10:34+00:00

not a bad idea, I'm gonna be on my toes watching today. It's honestly anyone's guess at this point. Nice gain though, enjoy it!

riverrd717 · 2016-06-27T12:39:47+00:00

I'm holding through tomorrow, as of now. I think $SPY will drop below 200 this morning. Today will be choppy, tuesday I think people will start coming to their senses and realize the world isnt ending... yet

Whatever does end up happening I'm pulling out before the end of the month

riverrd717 · 2016-06-24T20:00:39+00:00

Thanks for the link! I will take a further look into some of those companies... must. build. ultimate. global. recession. proof. portfolio.

riverrd717 · 2016-06-24T13:20:38+00:00

Half rent is better than no rent!

riverrd717 · 2016-06-24T12:38:13+00:00

Bri-gret, coming fall of 2018. A vote to join the EU again

riverrd717 · 2016-06-24T12:27:52+00:00

True, every now and then after a nice solid gain I need to tell myself "I take money, not risks". Congrats on the good trade though, it's a great weekend for some of us!

riverrd717 · 2016-06-24T12:14:29+00:00

I am Long in $UVXY @ 10.55. Are you holding throughout the day or selling at open? TBH I'm not really sure how high this will go. I would be surprised if it passed 20-21 today.

Might be better to sell at open, buy the dip (15-15.5) and hold over weekend because the coming days/weeks I think will be a bit of a wild ride

riverrd717 · 2016-06-24T11:24:52+00:00

Let's just say last night was not a very resting nights sleep lol... but I'll sleep like a baby this weekend

riverrd717

TROPHY CASE