How Warren Buffett Would Invest in Marijuana Stocks
16 Mar 2015, Posted by News in
An introduction to marijuana stock investing with Alan Brochstein of 420 Investor. Understand why most cannabis stocks are not worth investing and also learn about the few that are.
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The marijuana stocks have gone insane since the first trading day of the year when recreational weed become legal in Colorado. Since they’ve gone parabolic, I’ve been looking for reasons to short them.
I was gunna buy this stock…but then i got high….
Oh yea you are going to Colorado to talk to the marijuana store owners and
“get some perspective” ;)
Hey Chris, how come you got attracted to this shitty world of penny stocks
?
Seems to me when the leaders give us something they control us with it, so
for us to get hell of money from this not happening.
What do you think about all of these stocks or other marijuana related
stocks long term wise? I mean if you look at history, when one state
legalizes something, many follow. My anticipation would be legalization in
most if not all 50 states. Would this permanently inflate the price of
marijuana stocks instead of just artificially blowing up like that over
hype?
-AJ
But would it be a good idea to buy weed stocks now, after their parabolic
moves have collapsed? We’re probably going to see more and more states
legalize weed. People wanna get high and its a source of revenue for the
states. The immediate future seems bullish.
Chris, so youd rather make 50% in a day than 1000% in a week? Looks like
you missed the trade
I bought mdbx this morning. Big mistake. I’m down 14k on my position so
far, but I hope it comes back. We shall see.
Why would the price jump only after MJ became legal, instead of when it was
announced that it would become legal? I would think that the price would
have already gone up in anticipation of the giant increase in sales.