It does seem like a great bet as long as they stay small. Big banks institutions won’t touch cannabis until it is federally legal, risk of bottom dropping out. But the owners that can/will accept pot uses get a premium for it. So They can create value bc pot pays really high rents.
I don’t know but account generation usually takes time. My deposits hit pretty quickly.
Apply for margin on your account. You’ll go into a debit (and get charged a % on the debt) but you can trade right away until the money clears. Assume it would work for OTC stocks but I haven’t done it.
GSIT is finally ready to roar. zi sold atom and bought it back for a biggie--now hold 3x supply
Going to get bad.
I’d say worse than bad.
I sold on the way up at $230, $275, and $360 with my cost basis at $180. I sold so that means it’s gonna continue to rocket to $600+ and then split
Long Haul all the way. Tech has a long future despite this tiny blip of the past two years. NVDA might be the best positioned of anyone, including apple. The rich will get richer. Dont see any new young players making a play for a while.
The next 3 waves of economic growth will come from AI (NVDA and others), Quantum computing (current tech giants) anf Fusion energy (?). Each one of these equals about the internet' growth worth of growth.
They do have a nice edge right now. Glad I bought it when Nancy did. But I'm dumping it in August when I hit long term (MA has 12% tax on ST gains). The multiple is just silly. It reminds me of AOL in the late 90s. I crunched some math then, and for AOL to ever have the revenue Ford had it needed to grow at 20% a year for like 30 years. Yet the stock was worth far more that Ford.
