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CH1 said:
As a news release, it was pretty thin. I would expect a beverage company to secure a bottling plant.
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I get what you're saying but I disagree at least a bit. The last time we heard from Jeff, they were looking for a temporary facility/bottling plant to get them through until they found the permanent facility. That this facility exists, has been completely retro fitted and is waiting for municipal inspection is fairly material news.

Don't get me wrong, if the stock wasn't bleeding profusely over the previous week (or longer really...pretty hard nose dive since Sessions pulled his asshattery), I think he saves it until after the muni inspection (why risk the possibility of a license driven delay impacting the stock if you don't have to?) but it's fairly impactful material news given the last update.


I suspect a lot of TNY shareholders are nervous nellies, so the PR was more about "we're still alive". Maser is pretty spartan when it comes to press releases -- something I like. Too many penny stocks recycle old news into "look at us" empty hype.
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Yeah, the long holds (such as myself) were getting pretty skittish so I think the NR was definitely at least partially to calm the money down. I generally appreciate Maser's approach. Have you ever looked at EAT's history of NR's? Hey, we opened a new account with a dispensary chain of 4 stores that is going to start carrying our product!!! Here's a full news release with the details. The last update before today for TNY was on reformulation news for both core products (T27 going back to the formulator for a Sativa high instead of an Indica), the update on the temp facility, update on cash position, etc, etc, etc. I much prefer that aside from it rattling weak hands and ****ing with my paper net worth for a bit.

Hopefully the creep upwards continues for a few more days, and the stock can consolidate there.
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That's going to be interesting. There's just not enough history here to know where any natural resistance or support levels might exist and technical indicators (when it's not a step or two up from cloud reading) are almost useless in a small cap stock in this type of volatile market. I won't even put the word "think" in a sentence where I say that I hope we consolidate in the 1.50-1.60 range.

Which probably means that it goes parabolic for no ****ing reason again and hit's 2.20 by Friday, or we gap down to 1.15 tomorrow morning.

Weeeeeeeeeeeee
 
Like I was saying, I respect Maser's pr approach. I actually dumped ISOL because it kept moving on the same recycled press release. My spider sense was proven right on that one.

As for tech analysis, you're right that there's not enough history and real participation required but I've had some luck using the 8 and 21 day moving average to trade around core positions. I also look at round numbers that will trigger stop losses with newbie traders (most of the money in these small cap plays is new, as institutions feel comfortable only with the larger/more liquid LPs)

For example, I added some LG.v after the predictable shakeout under 50c. It closed at 64 cents a few hours later.

As for TNY, staying around 1.50 would be nice
 
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CH1 said:
As for tech analysis, you're right that there's not enough history and real participation required but I've had some luck using the 8 and 21 day moving average to trade around core positions.
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I use 6 and 21 day EMA but yeah same idea. Basically a modified trend trading approach with much small signals than any real trend trader would use.

I also look at round numbers that will trigger stop losses with newbie traders (most of the money in these small cap plays is new, as institutions feel comfortable only with the larger/more liquid LPs)

For example, I added some LG.v after the predictable shakeout under 50c. It closed at 64 cents a few hours later.
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Probably a good idea. I sometimes assume that because I avoid utilizing stop losses with MJ stocks that everyone does.

As for TNY, staying around 1.50 would be nice
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Organically, yeah. A lot of external catalysts could send it flying again without them having to do anything (there's been rumblings of another Constellation type deal in the works for example...some twit in the finance world was a bit too loose with his twitter account recently).
 
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Weeeeeeeeeeee
 
A little surprised we didn't see more movement from Aurora today with the announcement

More news coming though..
 
Artnes said:
A little surprised we didn't see more movement from Aurora today with the announcement

More news coming though..
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How much movement do you want? The stock moved form $3 to $15 in less than 10 weeks. Selling the news is quite common.
 
CH1 said:
How much movement do you want? The stock moved form $3 to $15 in less than 10 weeks. Selling the news is quite common.
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Figured the Cannimed deal would give them a little boost

They have made big strides but I'm waiting for the push for them to get into Canopy/Cannimed territory
 
Artnes;2932148[B said:
]Figured the Cannimed deal would give them a little boost[/B]

They have made big strides but I'm waiting for the push for them to get into Canopy/Cannimed territory
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I figure the long drawn deal was already factored in the price. Lots of good news is priced in this sector.
 
A heads up for the gang here.

A couple ETF's looking to go live in February. SEED.TO is expected to load up on the big players first before looking to sprinkle some money down on the smaller players. I don't see them having a big enough stick to move the needle on the big kids, but some of the medium sized (and smaller) players they might push the share value on is Cronos, Supreme, EMH, OGI, Abcann

The more interesting ETF coming down the pipeline imo is the Horizons Junior Grower ETF. They're looking to focus on a mix of US and Canadians small cap growers. This is the type of catalyst that could drive another crazy rush in price as the ETF loads up. The companies that some of the smarter people I pay attention to have suggested are likely to end up held by the ETF is TGIF, MPX, Sunniva, CannaRoyalty, Liberty

A few notes on this:

-When Horizons applied for their first MJ ETF (HMMJ), it was 42 days between application and going live. The application for HMJR went in on Jan 10th. So a similar time frame would take us into late February before approval.

- Horizons HMMJ product is really top heavy. 5 holdings represent about 60% of the funds value. If they weight similarly with this product, it's going to drive a couple of these stocks to the ****ing moon. Tough to know which ones it's going to be. With that said, to decrease volatility a bit they might spread the love a bit broader than they do with HMMJ

- How much of a game changer can this be for holders of the companies they decide to jump in with? HMMJ hit 100M in 8 days of trading after launch and are currently sitting on assets of ~750M. This fund will likely be smaller, but the companies they're looking at are tiny. TGIF (~90M market cap), CRZ (215M), MPX (215M), Sunniva (400M) would all see pretty significant increases in share value if they were heavily weighted in this ETF and the ETF turned out to only be 20-30% the size of it's big brother. Sunniva has seen really strong price action since the 10th...but it also just started trading on the 10th so it's tough to say if people are loading in anticipation of the ETF and this is already priced in or not. The others mentioned haven't seen any appreciation in share price since the ETF was announced.

- A rising tide? Even the companies that don't get included in the ETF could see some movement as it the industry seems to draw a shit ton of attention whenever there are fast movers.

Good luck kids
 
After a bit more reading, I'll add this:

- HMJR is apparently going to have a maximum weight of 8% in any one company (CGC is approx 15% of HMMJ for example).
- HMJR is expected to hold about 20 companies. Abcann, HVST, and MARI are also names being floated, but nobody ****ing knows yet.
 
Quinsam Capital just did a webinar this morning. They're a merchant bank that specializes in marijuana industry investment. They're plugged into the universe of small private and public marijuana companies like few other are, and have seen monster returns on the companies they've gotten involved with. Their major focus is private to public arbitrage. So investing in private marijuana companies and helping them make the push toward the public markets where valuations for similar sized companies are much much higher.

here's my notes from the presentation and Q&A:

Companies they're involved with currently that they discussed here:

-Platinex
-Evio
-Indiva
-EAT
-TNY
-Osoyoos (spent quite a bit of time expanding on their involvement and excitement in this. A native owned grower out of BC)
-Lineage Grow (should start trading public in February)
-Aura Health (Should start trading public in April, looks on the surface like an excellent German play though they're a US based medically focused dispensary chain. They have authorization to start operations in Germany)
-Khiron (spent a lot of time talking about the upside of this company. Located in Colombia http://investors.khiron.ca/)
-They're invested in 2 unnamed companies in Israel, one of which apparently has a process that involves utilizing bees to transfer THC and CBD without the need for processing the oils in the plant. I think it's these guys :https://www.phytopharmaint.com/
-They've recently extended a mortgage to a late stage applicant in Brampton that they didn't name. I'll do a bit of digging to see if I can find out who it is.


General themes and takeaways:

-Canadian valuations are generally too high compared to American and International firms. Similarly sized companies in other jurisdictions with similar or better upside are trading at small fractions of Canadian firms.

-Sees very high levels of consolidation coming in Canada and then later in the US/Internationally. Expects that consolidation to generate a big pile of investor value

-Sees the spread between private and public valuations getting larger, not smaller. The big opportunities are in the arbitrage space between the two markets.
 
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Some actual bitcoin news in the blockchain thread that has been repurposed...

http://blog.robinhood.com/news/2018/1/24/dont-sleep

Today, cryptocurrencies are coming to the Robinhood platform. We believe that cryptocurrencies have the potential to fundamentally reorganize the way money works from the ground up, putting power previously held by financial institutions directly in the hands of the people.

We saw an opportunity to build a better experience to trade cryptocurrencies, one where you can invest commission-free in cryptocurrencies alongside stocks, ETFs, and options, track different coins, and read market news. Meet Robinhood Crypto:

Better Together

You can now monitor and invest in cryptocurrencies, options, stocks, and ETFs, all on the same platform.

Instant Deposits

Bank transfers up to $1,000 will be instantly available in your account to trade cryptocurrencies. Any additional funds transferred will land in your account via the normal ACH transfer system.

Commission-Free

We strive to offer all our services at the lowest price possible. Robinhood Crypto is no different. Stop paying exorbitant fees when you invest in cryptocurrencies.
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Actually a pretty big deal here, Robinhood is a good platform.

aaaaand it's 50

http://www.bbc.com/news/business-42820246

50 Cent has discovered that he is a Bitcoin millionaire, thanks to some long-forgotten album sales.

In 2014, he released the album Animal Ambition and became the first artist to accept Bitcoin as payment.

The rapper received more than 700 Bitcoins under the deal, but then forgot about the cryptocurrency, according to celebrity newsite TMZ.

The hoard is worth $7-$8m, although the currency's price volatility means that could change fast.

In 2014, one Bitcoin was equivalent to about $662, but was worth about $11,200 on Thursday according to Coindesk.

"Not bad for a kid from South Side, I'm so proud of me," 50 Cent - whose real name is Curtis Jackson - wrote on Instagram, confirming the news in a post that featured a screenshot of the TMZ article.
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All this bleeding is actually making me quite numb to the pain. Another horrible day so far and meh... I'd worry if I wasn't planning on holding for several years.
 
7.6 million shares moved in less than an hour of opening for Aurora today.

Big volume moving

Sent from my SM-G920W8 using Tapatalk
 
MindzEye said:
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God damn it's like crack. Just what I needed in my life too.. the rush of a volatile ass market with huge upside. And investing enough money that it would hurt to lose but small enough that it wouldn't kill me to lose everything? Makes for a perfect storm of thrills.
 
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