Good INVESTMENT Opportunity?
posted on
May 05, 2017 02:24PM
We may not make much money, but we sure have a lot of fun!
You and I have been invested in Banks, Mutual’s, Property, the Stock Markets, Financial Facilities etc; for decades.
Yep, we just keep hoping we have on our behalf Politicians who gets it right and can see past their own feet. Not ones just boasting about where we are now, but totally focused on where we’re going for the betterment of society.
It appears presently, that a newly formulated international industrial society is slowly taking shape around the world yet, Financial Forecasters want to argue over whether in this quarter they sold 10 million widgets or 50 million next etc; and, who cares, really?
In the long run, 3-5 years...we will all look back at these times and say I should've just held on and waited instead of selling.
Brazil, Germany, Australia and even Canada had little chatter re; Marijuana Legalization.
Then came the message that Legalization was a campaign promise and now, 1 year later a bill is being worked through the Ottawa House and Provinces are working on distribution channels and a few USA states have legalized.
Things are just getting started. Don't believe all the doom and gloom.
Today it's jobs report, last week it was North Korea and the week before it was Syria.
Next week it will be something new and reports will come out warning all to try and get you to sell your shares...and buy some languishing (probably for many months ahead) gold stocks.
That said, and I know I'm in a very small minority on this, the Canadian Marijuana Company, CANOPY, Stock Symbol, “WEED” and some others I find really exciting and what I'm waiting for on this is the approval to list on the NYSE.
I firmly believe that investors will get a 50-100% stock price increase in the time between when a NYSE listing is announced and for several days after these stocks begin trading there. Whatever it is or takes, that watershed moment where the stock price tide shifts way up is coming, I'm sure of it.
In the years ahead, for younger investors, they’ll be looking back at today’s stock prices in wonderment as to how cheap they were.
In 1965, Wal-Mart shares went on the New York market at 25 cents a share. Moved up steadily but still if one had bought $1000.00 worth in 1977, those stocks are worth over $1 to 2 $ million dollars today .
Same thing with McDonalds shares.
The young Marijuana Companies on markets today, probably will all be bought out eventually by the Huge Conglomerates and in particular, Liquor Distillers in the Booze business which in turn will eradicate a lot of the existing Black Market out on the streets there today.
Don't be fooled. This is the beginning of an exciting investment opportunity. Not the end.