The Baltic Dry Index is collapsing
"If anything's gonna happen, it's gonna happen out there!- Captain Ron
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Advanced Cannabis Solutions Inc. (CANN), whose stock has soared 447 percent this year, has obtained as much as $30 million in credit to help acquire properties that it will lease to marijuana growers.
The agreement provides the Centennial, Colorado-based company with $7.5 million through senior secured convertible notes sold to Full Circle Capital Corp, a closed-end investment company, the firms said today in a statement. The six-year obligation, which may be increased by $22.5 million, will be backed by real estate and require interest-only payments of 12 percent annually.
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Gov. Rick Perry for decriminalization of pot
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DENVER — Colorado’s marijuana shops may not be cash-only businesses for much longer.
On Thursday, Attorney General Eric Holder said that the Obama administration is planning to roll out new regulations soon that would allow banks to do business with legal marijuana sellers.
That’s currently a problem because federal banking laws prohibit lenders from working with illegal businesses and marijuana remains illegal under federal law.
Quote: (01-24-2014 07:51 AM)Sourcecode Wrote:
If you're not investing in marijuana right now..youre wrong
http://www.thesmokersclub.com/blog/advan...cks-rally/
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Advanced Cannabis Solutions Inc. (CANN), whose stock has soared 447 percent this year, has obtained as much as $30 million in credit to help acquire properties that it will lease to marijuana growers.
The agreement provides the Centennial, Colorado-based company with $7.5 million through senior secured convertible notes sold to Full Circle Capital Corp, a closed-end investment company, the firms said today in a statement. The six-year obligation, which may be increased by $22.5 million, will be backed by real estate and require interest-only payments of 12 percent annually.
http://finance.yahoo.com/echarts?s=CANN+Interactive
Look at their financial chart
on the 10th they were worth 6 dollars a share.. within 6 days they were up to 23$ a share.
249 percent increase.
theyve since dropped and are at a 179 percent increase
http://www.mysanantonio.com/news/local/a...168667.php
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Gov. Rick Perry for decriminalization of pot
http://kdvr.com/2014/01/23/justice-dept-...ana-shops/
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DENVER — Colorado’s marijuana shops may not be cash-only businesses for much longer.
On Thursday, Attorney General Eric Holder said that the Obama administration is planning to roll out new regulations soon that would allow banks to do business with legal marijuana sellers.
That’s currently a problem because federal banking laws prohibit lenders from working with illegal businesses and marijuana remains illegal under federal law.
Soon marijuana shops will be able weed themselves off cash only profits and deal with banks.
I don't even smoke..but its obvious that we are witnessing the beginning of history for a new billion dollar industry.
Quote: (01-24-2014 10:37 PM)CarCrashKid Wrote:
I'm being lazy.
I need Step 1. Where does one actually purchase shares or Where does one set up an account?
Quote: (05-19-2016 12:01 PM)Giovonny Wrote:
If I talk to 100 19 year old girls, at least one of them is getting fucked!
Quote:WestIndianArchie Wrote:
Am I reacting to her? No pussy, all problems
Or
Is she reacting to me? All pussy, no problems
Quote: (01-24-2014 10:44 PM)Travesty444 Wrote:
Quote: (01-24-2014 10:37 PM)CarCrashKid Wrote:
I'm being lazy.
I need Step 1. Where does one actually purchase shares or Where does one set up an account?
Vanguard is a great place if you are completely new.
The investment firm is owned by the investors themselves. The aim is to keep expenses very low.
Buy a few index mutual funds. US Stocks are a good bet.
Get used to just having skin in the game and following the market.
Quote: (01-27-2014 10:31 AM)solo Wrote:
What do you guys think of the risk of a major stock market crash in 2014? I seems to me the stock markets(s) have been going up lately but the underlying problems in the US, European, Chinese etc economies have been papered over rather than dealt with properly? I have a modest amount of money invested in stocks/bonds and am thinking about selling it all and just freeze it in a bank account for when I will do my next major trip abroad.
Quote: (01-27-2014 10:31 AM)solo Wrote:
Edit: Also, if anyone could just namedrop a few potentially good marijuana stocks/bonds that would also be appreciated.
Quote: (01-29-2014 04:01 PM)Sourcecode Wrote:
My random stock isChina Finance Online Co., Ltd
500 percent on 6 months.
I havent put any research into this company..but they have a good outlook.
I plan to research Chinese companies also..the Chinese dont fuck around with their money.
For the same reason I think its great to invest in brazil, are probably true for China
Right now..the chinese have enough money that they are coming to the US to take advantage of us being poor
http://money.cnn.com/2014/01/20/news/eco...ourism-us/
**Disclaimer** I know absolutely nothing about the stock market or life...or death. I threw this post together hastily. You shouldnt trust me with real money at all. This are just random thoughts from my head that my cause you to lose all your money..in fact you should probably short all these companies
Quote: (01-29-2014 03:42 PM)thedude3737 Wrote:
My $.02 for 2014 you guys should look into mining corporations. Gold is rock bottom right now so guess who that affects? Mining corporations. This is a tremendous buying opportunity.
Quote: (01-29-2014 06:08 PM)MaleDefined Wrote:
Sourcecode, and RVF population at large:
tl;dr....be careful touching anything in China. I only touch ETF's these days. Safe, secure, largely guaranteed. Less than 10% of my portfolio is speculative punch card picks.
Quote: (01-30-2014 11:55 AM)DVY Wrote:
Im thinking of buying MCD, KO, BRK.B and for gambles BP.
Quote: (01-30-2014 11:55 AM)DVY Wrote:
Im thinking of buying MCD, KO, BRK.B and for gambles BP.
I've looked at BHP billiton and might throw in a small percentage there too.
In other news, I've been holding my GLW(Corning stock) through a huge up-swing. I bought it at 12.83. It jumped up to 19 dollars and then back to 17, then up to 17.41. I still think it has good value- management announced a 1-billion dollar repurchase, closing of deal with Samsung, good cash flow. The company is an industrial leader in producing glass and has pretty good margins.
The big IF seems to be how big of glass prices will fall. So far its been very slight declines.