[quote=all][quote=flu]Ok… Name your most speculative MJ/weed stocks you are buying…
I bought 3000 shares of PHOT for fun @$0.35/share
Anything else interesting out there?[/quote]
Thank you, FLU.[/quote]
Be careful with this one. It’s not a profit until you cash out. PHOT sells for over 100 times sales. 379 million market cap and on track to make a little over 3 million in sales for the year. As far as I can tell they aren’t a dispensary. They only sell hydroponic equipment which in some respects should be negatively impacted if weed is legalized. You don’t need to buy indoor growing equipment if weed is legal right?
There’s all kinds of silly speculative stocks that are going bonkers in this market right now. Reminds me of 1999. I think we’re close to seeing the air come out. Look at PLUG or FCEL today. The speculative bubbles are popping all over the place.
