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Hey Nerds: Blockchain

Outtie of Cresco at 12.36. Kept a bit. Didn't just sell for cash... It's the kind of environment where you want to scalp free shares.
 
Preston said:
Who knew that Biden getting sworn in was not priced in? I have too much faith in the market sometimes...
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exactly...plus the senate really is the issue...so Biden should be a non factor

I think this is historically a seasonally bullish time of year...and certain sectors go beast mode (look at EV) and I think cannabis is the next IT sector.
 
CCHW sleepy on almost no volume. If I see confirmation of consolidation being over on MSOs I may take a flyer on them.
 
Preston said:
CCHW sleepy on almost no volume. If I see confirmation of consolidation being over on MSOs I may take a flyer on them.
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Took a nibble at 5 bones flat. I'll long them if I need to. Don't love their management (in fact I kind of hate them) but they've got assets and they're cheap. And they're starting to address their branding issues by teaming up with TGS. Ultimately this is more of a flip play but I don't mind going long on them either. I'll think about it.
 
Preston said:
Took a nibble at 5 bones flat. I'll long them if I need to. Don't love their management (in fact I kind of hate them) but they've got assets and they're cheap. And they're starting to address their branding issues by teaming up with TGS. Ultimately this is more of a flip play but I don't mind going long on them either. I'll think about it.
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CCHW... I bought a while back at 4.50, locked in gains at 5.10, holding on to the rest as a sold member of my B TEAM.
 
CH1 said:
CCHW... I bought a while back at 4.50, locked in gains at 5.10, holding on to the rest as a sold member of my B TEAM.
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Feels like a laggard in the sector overall; they haven't done much this year compared to most other names. But most of their value is in their licenses, not current revenue or profitability. They will be huge players in NJ and NY. More of a speculative play but could/should grow at some eye popping levels heading into 2021. I'm just not all in because their management is full of former financial guys and those guys typically don't do well in this sector (and I heard one interview with them and they have the enthusiasm of Presto after he reads a Glen Greenwald tweet.. they just don't seem to give much of a fuck). And there's also the fact that financial guys don't really comprehend the cultivation and brand development aspect of things but they have done some things to address both issues which makes me feel a bit more comfortable. And as I said.. They're dirt cheap at the moment.
 
Sorry missed that... Honestly Green Thumb Industries, Trulieve and Cresco Labs are all right there for me. I think they'll perform relatively similarly give or take a few percent here or there. All on a similar path to huge growth throughout 2021.
 
Habsy said:
Anyone?
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Hard question to answer on a day when the sector is screaming higher.... but I will say my top two holdings are Green Thumb and Trulieve

And there is always the ETF, MSOS which gives you a nice basket of stocks
 
CH1 said:
Hard question to answer on a day when the sector is screaming higher.... but I will say my top two holdings are Green Thumb and Trulieve

And there is always the ETF, MSOS which gives you a nice basket of stocks
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I bought 50 more Roku and some Trulieve in the 401k. Thanks. I just think Roku is going to keep going.
 
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In my wife’s 401k she has a healthy amount of apple. I don’t. Guess I can’t divorce her.
 
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