Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: pepsionice

These are “penny stocks”?


29 posted on 03/07/2017 8:53:48 AM PST by WKUHilltopper (WKU 2016 Boca Raton Bowl Champions)
[ Post Reply | Private Reply | To 10 | View Replies ]


To: WKUHilltopper

From the forty-odd stocks listed under the weed-classification, I’d say that 20-percent are under 10-cents (which says the direction of things right now).

CARA and IIPR are pulling $15-$17. ABBC is pulling $63.

The rest are between 10-cents and $2.

If there were ten to twenty states doing business, then it might be worth getting into. But this is not an industry where I’d put any money other than than putting my own shop within Colorado. My guess is that half of the forty might be out of business in two years unless expansion in the states occurs.


38 posted on 03/07/2017 9:42:16 AM PST by pepsionice
[ Post Reply | Private Reply | To 29 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson