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Medical marijuana stocks: Don't make this trading/investing mistake! // Cannabis pot weed investment - YouTube
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Medical marijuana stocks: Don't make this trading/investing mistake! // Cannabis pot weed investment / Cannabis pot weed investment, Marijuana Stocks to Buy Now // Cannabis Stocks, Weed Stocks, Pot Stocks, Medical Marijuana Stocks, Make Money with Marijuana Stocks, Marijuana stock trading, Penny stocks, Penny stock trading / Trading and Investing Options and Stocks, Medical Marijuana Investment, Make Money in Stocks, OTC stocks this is David Moadel thank you looking
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at
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welcome to looking at the markets with
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David Moadel there's one mistake that a
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lot of marijuana traders and investors
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are making or might make and I want to
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try to prevent you from doing that the
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mistake really is treating marijuana
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stocks as a very long-term buy-and-hold
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investment especially if you're thinking
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about putting a lot or a large
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percentage of your trading or investing
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account into marijuana stocks and just
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leaving it there for years or decades or
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something like that that's not I I
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cannot make recommendations and I cannot
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tell you what to do but that's not
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something that I personally would do and
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let's take a look at a few of the charts
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here to give you some examples
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this is a TMP and you'll notice that all
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the stocks i'm going to show you today
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are in the marijuana industry and they
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all peeked in 2014 because it was a very
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exciting year for the marijuana industry
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in 2014 HD MP as you can see peaked in
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2014 at let's say a dollar according to
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google finance here
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it peaked at a dollar 83 share and if
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you had bought here
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or anywhere close to that price and held
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on you wouldn't be doing too well it's
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now about 44 cents per share used to be
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a dollar 83 share so that's a pretty
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devastating loss couldn't go back up
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sure but if you bought it near the top
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or anywhere even if you had bought it at
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any of these Peaks if you bought it this
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peak or this peak or or anywhere around
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here even it's so much lower now it
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would need to come up quite a bit like a
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miracle would have to happen practically
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for it to come back to a dollar 83 share
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so as a buy-and-hold investment if you
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had bought it anywhere around here and
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held on you wouldn't be doing too well
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here's VA PE another marijuana stock and
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again peaked in 2014 at according to
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google finance peaked at 2994 share
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almost thirty dollars a share now it's
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about 2 cents a share
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so if you bought it anywhere around here
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or even around here you wouldn't be
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doing too well at all
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that's pretty devastating loss could
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come back up to this level again it
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could or might not and how long would it
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take to get there if it even does this
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is CNN general cannabis Corp and again
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peak in 2014 according to google finance
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peaked in 2014 at thirty-five dollars
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and seventy-five cents a share now it's
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trading at a little bit above three
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dollars a share three dollars 33 cents a
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share pretty devastating loss if you had
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bought and held and here's another one
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MJ md meta-gene holdings inc and peaked
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again 2014 according to google finance I
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don't know how accurate this is but here
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it says it peaked at 14,300 dollars a
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share if that's accurate
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I don't know but if it's even close to
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that
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and now it's two dollars twenty-five
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cents a share if you had bought anywhere
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in this area
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then that would be devastating to your
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trading or trading or investing account
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that would be terrible
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so that this is why and again it could
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come up but do you really think it's
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going to come up back to here anytime
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soon i can count on that
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that's not something that I'm counting
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on so i recommend being nimble may you
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know marijuana stocks treat them as
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short or possibly medium term term
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traits be nimble get in there take your
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profits when you can and don't just
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leave it there for years or decades
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that's how I treat them so if you'd like
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some more help with stocks or options or
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any aspect of Finance you can contact me
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anytime you can email me at David Modell
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@ gmail.com and my last name is spelled
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m.o.e a de el David Modell @ gmail.com
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if you like this video please give it a
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thumbs up on YouTube that way you know I
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i really appreciate it and I know that
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you like the content that I'm putting
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out there and you want more of it also
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leave a comments so i know what you're
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looking for in yet what what you want to
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see in future videos also if you haven't
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done so already please subscribe to my
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youtube channel so you can receive the
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latest updates on all of my financial
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educational content so thank you so much
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and i'll talk to you soon
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