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Why?
Mainly for the distribution (~11%), but also for the appreciation (>50%).
Do you have something better?
errc saysmy large holdings in American coal,
Why?
errc saysWuterrc saysWut
Why don't you invest with diversity? Haiti needs a lot of development. Could be big demand for Zombie Juice or Nappy Headed AIDS Prostitution or whatever they make there.
errc saysWhy?
Mainly for the distribution (~11%), but also for the appreciation (>50%).
Do you have something better?
It loses even to the indexes as the chart clearly shows. I don't see any reason to have "large holding" of it.
Who's your daddy who called it?
I'm in ARLP too, for the dividend, and eventually gas/oil will go back up, especially if MAGA continues to go from strength to strength.
I'm more interested in industrial uses of Hemp.
This is only back to '78, but outside the dotcom bubble I don't see another uptrend that's been as vertical as the one post 2008. That should tell everyone this is not a recent bubble, and will blow long and loud when it finally deflates.
TwoScoopsPlissken saysI'm in ARLP too, for the dividend, and eventually gas/oil will go back up, especially if MAGA continues to go from strength to strength.
I'm more interested in industrial uses of Hemp.
Hard to get into that rn, because of Americas Failed Loser Prohibition that the Republicans not only are unwilling to repeal, they’re unwilling to address. Here’s a hint: Canada, where Freedom, Liberty, jobs and the economy are still valued.
Not to mention, as global policy continues to shift in other, less shitty countries, eventually Hemp will be another commodity and it will be grown en masse in the most favorable climates.
I think we’re still friends here at Patnet if that’s still a thing. If you want to share any notes, shoot me an email. I know you’re into Florida, they’re approaching 80k medical cannabis applicants, with over 50k already approved to have their car...
errc saysTwoScoopsPlissken saysI'm in ARLP too, for the dividend, and eventually gas/oil will go back up, especially if MAGA continues to go from strength to strength.
I'm more interested in industrial uses of Hemp.
Hard to get into that rn, because of Americas Failed Loser Prohibition that the Republicans not only are unwilling to repeal, they’re unwilling to address. Here’s a hint: Canada, where Freedom, Liberty, jobs and the economy are still valued.
Not to mention, as global policy continues to shift in other, less shitty countries, eventually Hemp will be another commodity and it will be grown en masse in the most favorable climates.
I think we’re still friends here at Patnet if that’s still a thing. If you want to share any notes, shoot me an email. I know you’re into Florida, they’re approachin...
That’s usually sound advice, however it’s tough to apply to this sector. Which tickers are you following/investing in this sector?
Applying your advice, can you illustrate how that leads you to the good buys here?
mell sayserrc saysTwoScoopsPlissken saysI'm in ARLP too, for the dividend, and eventually gas/oil will go back up, especially if MAGA continues to go from strength to strength.
I'm more interested in industrial uses of Hemp.
Hard to get into that rn, because of Americas Failed Loser Prohibition that the Republicans not only are unwilling to repeal, they’re unwilling to address. Here’s a hint: Canada, where Freedom, Liberty, jobs and the economy are still valued.
Not to mention, as global policy continues to shift in other, less shitty countries, eventually Hemp will be another commodity and it will be grown en masse in the most favorable climates.
I think we’re still friends here at Patnet if that’s still a thing. If you want to...
I don't know anything about Cannabis stocks. I'd probably look at earnings growth, margins and projected path to profitability if not already profitable. I think Canada is a good decision since they are further and don't have the uncertainty in the US about legalization. Ironically I stay away from Canadian biotechs, seen to many scams, but if I bought a Cannabis stock I'd probably go with Canada as well. I like those that are still small but have an easily projectable path to profitability within 1-3 years where only something major could derail them. A few of my friends are quite invested in Canadian Cannabis stocks.
This is a gimmick perpetrated by traders who want a nice drop and a chance to buy stocks cheaply so they can make a mint on the rebound when people settle down and buy again. Betting a lot of traders will be buying tomorrow or the next day, hoping to reap a windfall on the market bobble.
Looks like a good time to take the safety money out of bonds and toss it into blue chips.
Another big gain today:
TwoScoopsPlissken saysAnother big gain today:
DJIA is up 0.44%, but NASDAQ is down 0.56%. What up with that?
You have to factor in inflation, which is routinely fudged by the gov, if you count essential goods only inflation has been anywhere from 5%-10%. Compound that and the market has not risen that dramatically.
mell saysYou have to factor in inflation, which is routinely fudged by the gov, if you count essential goods only inflation has been anywhere from 5%-10%. Compound that and the market has not risen that dramatically.
So then it sounds like you're saying inflation has risen dramatically. Either way I still see the same outcome, though I don't think we'll drop to Venezuela like levels for a few more years. I'd say crash this year to 10,000.
Wow, I can see no less than 15K and even that would surprise me.
Are you willing to short (some of) the market here?
mell saysWow, I can see no less than 15K and even that would surprise me.
In '08 it was roughly 50% right? Using that same measurement, and subscribing to Rothbard's theory of each boom/bust cycle being more spectacular than the last, until manipulation is removed from the system, I think 10,000 is conservative.
mell saysAre you willing to short (some of) the market here?
I'd short Apple tomorrow if you can guarantee me that regulators won't ban short sales when the market plummets.
Another big gain today:
TwoScoopsPlissken saysAnother big gain today:
,93% is a big gain? I really want some of what you smoke.
Fellow PatNetters - start taking screen shots of your posts, comments and threads.
errc saysYou can like your own post and it will email a copy to yourself
because a certain feathered animal said so?
Is this the plan for the grand finale of the military parade?
I'll know the markets up when liberals ignore it like they did most of last year except on a few down days.
It is another 1,000 down today-interesting.
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