Pinky

Is it still doing ok?

dlq04

If you bought a million shares, its time to cash out.

tof

It's a "growth" play, Dave.

Pinky

If I bought a million shares I wouldn't be driving a S2000!

Legal Bill

I think the pot stocks will all even out like alcohol companies.

trapper

I watch VFF but it's a little too speculative for me......especially at it's current price.
I do, however, think the "pot" stocks have potential in the long run but prefer not to focus on a particular security.
I have a position in ETFMG [Symbol: MJ] which is currently up 48% this year and currently pays a 1-1/2% dividend..
It's an ETF, a Canadian company and has had a spotty dividend record. It holds positions in a large number "pot" companies and a few positions in tobacco companies.

MsPerky

The +1 decided to manage a few individual stocks himself and play. Guess which one is doing the best? Cereal!!! You can read what you want into that.

Legal Bill

Paul, your econ pi is looking a little worse every month...

econ p.i.

trapper

Bill..
Yeah...... But not scary changes ...yet...!!! I compare the charts every couple of weeks .
You probably noticed that the big change came between the end of 2018 and Feb 1, 2019. Since then a number of components have moved more or less horizontally toward and away from the Expansion Quad or Contraction Quad. The good news is that the MoC indicator has only moved slightly vertically toward the Contraction Quad since Feb 1.
Recent news from the Federal Reserve has been somewhat positive about the US economy which is counterbalanced by slowdowns elsewhere in the world.
Interest times for investors for sure.
I'm currently 10% Cash, 40% Short Term Bonds and 50% Mostly high yielding Defensive Stocks and intend to stay that way. for a while.

Heyitsgary

There were a few posts recently on some speculative stocks.

Last year, I bought into TPLN (3 Pea) - recently renamed PaySign (PAYS). I had a chance at < $1 and skipped. I bought in at $1.50 and again at $3.25. Today, it's over $10.50. I'm up about 600% on the first go round and a little over 200% on the second purchase.

I don't have a ton of it and it's all in a small IRA that is absolutely dwarfed by my 401K. So, I wonder if I just keep letting it ride and just watch it - play it like a lottery ticket? Do some of you set a target and regardless of momentum, just act on that? If it comes back to $3, I'm no worse off and my life doesn't change. If it runs to $20, I have a little extra in my retirement account.

Side note, I have lots of other small investments in some other speculative stuff. This is the only one in the positive.

Thanks for any opinions.