Stocks - The Best Buys 2

[DoubleK]

Originally Posted by DoubleK

Torc is my big winner. Up 75%.

Torc got bought by Whitecap. This is a first for me so what's the best play? Sell Torc and take the profit? Or take the 0.57 per 1 share in the new company? I still want some exposure to the sector, but don't know enough about whitecap at this point.

[MJK]

MMED still hot up another 18% today

[flylock shox]

Originally Posted by MJK

MMED still hot up another 18% today

This stock is insane. Most meteoric rise I can recall seeing. All with no analysts or major news stories (not that I can find about it anyway) tracking it.

[MJK]

Originally Posted by flylock shox

This stock is insane. Most meteoric rise I can recall seeing. All with no analysts or major news stories (not that I can find about it anyway) tracking it.

I just sold...I’m out at $4.68. I think Monday it comes down, I just can’t see this momentum continuing.

[Fire]

Originally Posted by MJK

I just sold...I’m out at $4.68. I think Monday it comes down, I just can’t see this momentum continuing.

I just sold as well. Can't complain about a 80% gain in 3-4 days. Thanks for the heads up on this stock. Keep them coming. 😊

[flylock shox]

I considered buying in, but basically found I couldn't do any real research into the company in a timely way to justify the risk.



Spouse took a flier on it at about $3.60 though. I warned her that, for all I know, the thing could be at $10 or zero by the end of this week. Looks like she'll be up a bottle of decent wine regardless.



This is one of several speculative small stocks that I've been watching explode the past week. Others (mostly mentioned in this thread) are SCR, BRAG, and GRN. Of the bunch, I'm still contemplating SCR. At least I have some understanding of why it's picked to do well...

[sa226]

Heh, this is like the 4th place I've seen a tip for MMED. I've been burned by speculative stocks too many times, so resisted the urge.

Oh well!



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[moncton golden flames]

Originally Posted by MJK

I just sold...I’m out at $4.68. I think Monday it comes down, I just can’t see this momentum continuing.

Will you buy the dip or walk away?

I just see huge potential long term for this. Trying to stay patient and not take profits now, haha

[cral12]

Originally Posted by cral12

I don't typically dive into indiviual stocks, but do follow stocks I'm interested in, loosly.

The emerging space of companies focused on psychedelics (for mental health purposes and perhaps eventually for wellbeing; I work in pain management/palliative care and believe in the immense potential of these, therapeutically).

Probably obviously very speculative and volatile at this point given their legal status, but the tide appears to be changing with that respect...

Anyway, anyone else interested in this space and/or have insight?

Some of the companies:
NUMI, MMED (the main 2 I'm interested in)
TRIP, SHRM

Some info:
https://candlr.com/psychedelic-sector/

Super bummed I didn't follow my instincts and research on NUMI & MMED.

My goal was to get MMED below 50 cents and NUMI 25 cents. One dipped to around 48 cents. The other to 19 cents. Then I got cold feet, so I never did get in! Ugh. Yesterday, MMED approaching 5$, Numi approaching 1.50$.

Good to see at least some CPers got on MMED.

[jayswin]

Yeah, I'm long term for MMED also thinking/hoping they will be big someday. I couldn't bring myself to cash out and wait for a dip since I would consider that reactionary to a good day, and I'm trying hard to stick to the plans I have laid out rather than making emotional moves.

Since this was a stock I was willing to lose 100% of investment on I will leave it all, and if there's a dip I'll buy more.

[Snuffleupagus]

A relative back east told me to keep an eye on Anaconda Mining. TSE:ANX

Small stock price at $0.59

They may have found a very good gold deposit in Newfoundland

[FurnaceFace]

Originally Posted by jayswin

Yeah, I'm long term for MMED also thinking/hoping they will be big someday. I couldn't bring myself to cash out and wait for a dip since I would consider that reactionary to a good day, and I'm trying hard to stick to the plans I have laid out rather than making emotional moves.

Since this was a stock I was willing to lose 100% of investment on I will leave it all, and if there's a dip I'll buy more.

You could sell to your initial book value then let the rest free ride for as long as you want. If it tanks you aren't out any.

[Leondros]

Originally Posted by jayswin

Yeah, I'm long term for MMED also thinking/hoping they will be big someday. I couldn't bring myself to cash out and wait for a dip since I would consider that reactionary to a good day, and I'm trying hard to stick to the plans I have laid out rather than making emotional moves.

Since this was a stock I was willing to lose 100% of investment on I will leave it all, and if there's a dip I'll buy more.

I think that is a very good way to invest but at the same expecting pullback will save you a lot of grieve in an inevitable pull back. But I have never had a good track record of timing the market, like most and most of the equity firms I deal with who are paid to time the market correctly do not.

I have a friend who is up more than 2,800% on spotify, and the only reason she is up that much is because she just put it into the company and didn't actively manage it.

I was in at Fedex at $90 and got out at $190 because I told myself this was what i expected to see, it's time to get out. It's at $300 today... I left a lot of money on the table.

[PaperBagger'14]

Don't worry about the FOMO, you made your money and you should be proud!

[MJK]

Originally Posted by moncton golden flames

Will you buy the dip or walk away?

I just see huge potential long term for this. Trying to stay patient and not take profits now, haha

I plan to big back on a good dip...I think it could be down 20% tomorrow but who knows, this market is hard to predict.

[Krovikan]

Originally Posted by Snuffleupagus

A relative back east told me to keep an eye on Anaconda Mining. TSE:ANX



Small stock price at $0.59



They may have found a very good gold deposit in Newfoundland

Do you think they were talking about the correction posted on the 10th or something else?


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[Snuffleupagus]

Originally Posted by Krovikan

Do you think they were talking about the correction posted on the 10th or something else?


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Without getting all "insider" I don't think it had anything to do with any official post, could be wrong though!

[jayswin]

Originally Posted by Snuffleupagus

Without getting all "insider" I don't think it had anything to do with any official post, could be wrong though!

Well, at that price I'll definitely pick up a couple hundred at least.

[Snuffleupagus]

Originally Posted by jayswin

Well, at that price I'll definitely pick up a couple hundred at least.

I am as well, low risk

[MJK]

MMED stays hot up another 30%...this is quite remarkable. Sold all my shares last week thinking a dip was coming but still happy to have 3500 warrants so not completely out of this stock yet.