HerbalRelief
Well-Known Member
That may not be yet. May. April. Not sure.
Buy when everyone is afraid.
That's how you make the money.
Buy when everyone is afraid.
That's how you make the money.
Afraid that the bottom is going to fall out of the industry, the LP's are aggressively expanding capacity, and if legalization is dragged out (it will be), they will have tons of surplus product (or equipment they've sunk capital into not producing revenue).Afraid of what exactly ??
Please don't help them (and yourself) make money off sick peeps. Way better options in the market, that don't rely on the sick/dying. Buy some FANG and hold it. My FB stock is up almost 400% since their IPO in 2012.I know some people who are planning on buying LP stocks soon since they will be/are tanking. I guess it's that old Buffet adage, buy when people are fearful. These people think the stocks will be worth a lot more in 2019. I'm not buying any though. Too risky. Also some of them are shorting them now into the summer. Even more risky. Maybe just stay away from anything LP all together!