As someone that used to play and love Blizzard games, I can only imagine that things start to go downhill (not the stock price)
Blizzard was a company that prided itself on making quality, original, and amazing games.
Activision is a company that prides itself on profits and pumping out tons of shit games and hoping people gobble it up. They are much more likely to embrace the whole loot box and micro transaction stuff.
I guess what I'm saying is - you will never see a new World of Warcraft after Activision took over - it's just too much work for them, they would rather make a shit sequel and have loot boxes instead. Which maybe I'm just living in denial - I don't want to believe that is the future for desktop gaming, but perhaps it is. I would have thought more along the lines of WoW with monthly fees of $10+ would make more from a consistent revenue perspective, but I guess loot boxes cost nothing to make and maintain unlike an actual game.
Buyer beware on VRX. It could definately go up, but it can also go down. It was just $11 bucks.
Don't forget how the company reached such lofty levels in the past:
http://fortune.com/2016/03/20/valeant-timeline-scandal/
Also whats holding it back is a large debt pile and negative revenue growth, plus Bill Ackman sold his stake:
https://www.cnbc.com/2017/03/13/ack...aleant-will-step-down-from-board-sources.html
You and I are like minded here. As soon as I got the NYT update about the DOJ, I went to watch the spiral and buy more. I imagine I'll be holding MJX for some time. Sure, could lose it all, but I think it's a long term winner.I'm buying the dip. Sessions isn't going to do anything.
https://twitter.com/JakeSherman/status/948935387241730049
He's actually helping me out because I had a big block of ACBFF I sold yesterday that I can now move to MJX
You and I are like minded here. As soon as I got the NYT update about the DOJ, I went to watch the spiral and buy more. I imagine I'll be holding MJX for some time. Sure, could lose it all, but I think it's a long term winner.
Obviously we differ heavily in our politics and outlook on weed. The country disagrees entirely with the Trump/Sessions position, and call me naive, but I still have hope the people will win ok the end.Be warned, as long as Trump is in office (hopefully until 1/20/2025), investing in pot stocks will be a bad long term investment. They will never have access to banking services, could face punitive federal taxation (drug stamps) or simply be run out of business by enforcement of federal asset seizure laws.
That being said, I oppose the use of weed or any other illegal drug for recreational purposes.
It would be interesting to see what everyone's portfolios are made of. Not dollar amounts or number of shares, just the ticker symbols.
Be warned, as long as Trump is in office (hopefully until 1/20/2025), investing in pot stocks will be a bad long term investment. They will never have access to banking services, could face punitive federal taxation (drug stamps) or simply be run out of business by enforcement of federal asset seizure laws.
That being said, I oppose the use of weed or any other illegal drug for recreational purposes.
How is Dump going to stop Canadian MJ companies from using the canadian banking system?
MJX holdings are almost exclusively Canadian
So it was not obvious I was speaking of the recent American legalization movement in certain states? And while we are at it, what is the "canadian banking system"? Do you mean Canadian banking system, which is not as prolific or dynamic as ours and therefore limited in that regard?
Legalization is a worldwide phenomenon. It's not just California lol. It's Mexico, Canada, and many other countries.
How is your JCP investment doing? Not too great, huh?
Here ya go:
KO,ABT,ABBV,ACAD,COP,AAPL,TRXC,WFC,AMD,EQR,PG,TEVA,AZN,ECA,F,GS,IBM,KBE,SDY,KMB,ORC,RMBS,V,WTR,OPHT,NVDA
I like dividends....
Also, there are several mutual funds to give me more European and Asia exposure. Plus a managed bond account with Chase.
If anyone has any recommendations for LATAM or South American exposure, could be interested. Just tendered my CZZ stock to leave at +50%, so I know longer have any direct exposure down there.
Be warned, as long as Trump is in office (hopefully until 1/20/2025), investing in pot stocks will be a bad long term investment. They will never have access to banking services, could face punitive federal taxation (drug stamps) or simply be run out of business by enforcement of federal asset seizure laws.
That being said, I oppose the use of weed or any other illegal drug for recreational purposes.
Here is a stock with that Latin America flair for you, Arcos Dorados Holdings Inc. (ARCO). I should have bought this last January since it has gained 71% in one year. Also, Bill Gates owns 3 million shares of ARCO.
This looks interesting: http://www.sagegoldinc.com/
https://ca.finance.yahoo.com/quote/SGX.V
Might go for it.
Sold my TGT too early. I believed they wouldn't post holiday sales growth because they weren't open on Black Friday, but they did. Oh well bought in the low 50s so did well on it nonetheless.
I think I will move that money over to BBBY. They are a buyout candidate (Amazon would like them more than Target), wife loves their World Market stores, they pay a 2.8% dividend, low PE and decent debt profile.