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  #1  
Old 02-13-2013, 02:20 PM
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Default I heard Medical Marijuana stock will make you rich

somebody told me that u can make a come up off this ****, cuz it's gonna go up
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Old 02-13-2013, 02:25 PM
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Whats the stock?
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Old 02-13-2013, 02:26 PM
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List of Marijuana Stocks | Marijuana Stocks


For reference
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Old 02-13-2013, 02:27 PM
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None of those stocks are over $1 a share...
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Old 02-13-2013, 02:31 PM
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Quote:
Originally Posted by Young_and_Reckless View Post


None of those stocks are over $1 a share...
MDBX Medbox, Inc.: Summary, Stock Quote & Trades for Medbox, Inc. - OTCMarkets.com

47 bucks

Just because they're cheap doesn't mean they'll always be that low. That's probably why OP thought it was a good time to get in cause it's dirt cheap. Low risk as hell.
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Old 02-13-2013, 02:34 PM
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Quote:
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Whats the stock?
MJNA


that MDBX is too high already
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Old 02-13-2013, 03:01 PM
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Quote:
Originally Posted by Higher Tech View Post
MDBX Medbox, Inc.: Summary, Stock Quote & Trades for Medbox, Inc. - OTCMarkets.com

47 bucks

Just because they're cheap doesn't mean they'll always be that low. That's probably why OP thought it was a good time to get in cause it's dirt cheap. Low risk as hell.
The trend of that stock is down 13% from a high of $215 a share within the past year. And it's one of two stocks that's not priced near a dollar. What makes OP think this stock is going to make you rich? Just because someone told him so? It's still FED illegal.
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Old 02-13-2013, 03:03 PM
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Quote:
Originally Posted by Young_and_Reckless View Post
The trend of that stock is down 13% from a high of $215 a share within the past year. And it's the only stock that's not priced near a dollar. What makes OP think this stock is going to make you rich? Just because someone told him so? It's still FED illegal.
There's more out there than what I had on that site, you just gotta look for em. It's all speculative, it's still state legal, and they're still making money.
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Old 02-13-2013, 03:05 PM
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Quote:
Originally Posted by Higher Tech View Post
There's more out there than what I had on that site, you just gotta look for em. It's all speculative, it's still state legal, and they're still making money.
That I understand. My point is, what's gonna trigger any of these stocks to rise? OP made a thread based on hearsay, with no substance. To me, that's pointless.

Give me some gems, no fluff.
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Old 02-13-2013, 03:11 PM
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Quote:
Originally Posted by Young_and_Reckless View Post
That I understand. My point is, what's gonna trigger any of these stocks to rise? OP made a thread based on hearsay, with no substance. To me, that's pointless.

Give me some gems, no fluff.
I just looked over that MDBX stock. That 213 was like a 2 or 3 day spike in Nov 2012. Im sure that was after recreational marijuana use was legalized in Washington and Oregon. It started out as a $.03 stock, and kind of held steady at the $50 range. I'd pick a penny stock and run with it just for the hell of it.

As for the basis of the thread. Yea, you're right. No info, no substance.
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Old 02-13-2013, 03:14 PM
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Quote:
Originally Posted by Higher Tech View Post
I just looked over that MDBX stock. That 213 was like a 2 or 3 day spike in Nov 2012. Im sure that was after recreational marijuana use was legalized in Washington and Oregon. It started out as a $.03 stock, and kind of held steady at the $50 range. I'd pick a penny stock and run with it just for the hell of it.

As for the basis of the thread. Yea, you're right. No info, no substance.
If Obama makes a push for legalization during his second term, you bet your *** I'll jump on some penny stocks. maybe OP's 'friend' knows somebody, that knows somebody. Or maybe he's just a crock of ****. Either way, thanks for the info, friend.
Higher Tech dapped this.
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  #12  
Old 02-13-2013, 03:41 PM
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Originally Posted by Young_and_Reckless View Post
If Obama makes a push for legalization during his second term, you bet your *** I'll jump on some penny stocks. maybe OP's 'friend' knows somebody, that knows somebody. Or maybe he's just a crock of ****. Either way, thanks for the info, friend.
lol, no problem
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Old 02-13-2013, 03:43 PM
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low risk = low reward friends. Federal gov aint changing. I guess its worth a shot tho
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Old 02-13-2013, 03:54 PM
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Quote:
Originally Posted by Sensitive Blake Griffin View Post
low risk = low reward friends. Federal gov aint changing. I guess its worth a shot tho
Not always. I mean, getting rich is far fetched, but I bought BBDA, a penny stock, for $.0008. 175,000 shares for 140 bucks. It got up to $.01 over the summer and I sold it all. It took almost a year to make the money but stocks are a waiting game anyway. For 140 bucks that's a good return.

Same with this. Any legislative turn that even speculates a positive for marijuana can get a stock to jump like crazy. That other stock we were talking about went from 40 something bucks to over 200 in a couple of days after the election. Of course if went back down, but that's the beauty of knowing when to sell.
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Old 02-13-2013, 03:56 PM
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or get you caught up on RICO charges and conspiracy to distribute. FUnding of a drug enterprise. The avenues are endless
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