Investing 102

[GregWeld]

Originally Posted by AMSOILGUY

Since we're on the topic of buying and selling has anybody been buying weed stocks? Weld you have mentioned to invest in what you are aware of. What companies were behind your treatment? I've been buying some, I'm not going to miss out on this if it continues which I think it will. I did a lot of research before buying and now I hope I'm right

This is a fantastic question with so many answers and probably none of them right.

My personal take on it ----- some people are going to pick the right one ---- most people are going to lose their butts..... This entire field is so subject to the prevailing laws in a state - but the FEDS aren't so sure about all of it.... and then there's the whole "can't bank" issues.

My feeling was and has been this.... when we finally go all 50 states in - and the FED finally gives in and rolls with it ---- then do the big terbacky guys get in and steamroll everyone else? I have no idea - it's just a hypothetical question. They have the money - the marketing and the distribution... but do they want in and would people accept their products ----- or do people want the old "head shop" independents. I have NO IDEA. When I have no idea -- I don't put my money at risk. I just simply don't know where it's all going.