Ganga Stocks to Buy
Now that it's legal in Colorado, the trade is on. Medical Marijuana (MJNA), Hemp Inc. (HEMP), Tranzbyte (ERBB), GrowLife (PHOT), Greengro Technologies (GRNH) and Cannabis Science (CBIS). Those are the marijuana stocks you can invest in today.
Problem with all of them is they trade on the OTC board. However the gains in Tranzbyte (ERBB), Greengro Technologies (GRNH) and Cannabis Science (CBIS) have been massive this past week. In the last 5 trading sessions ERBB has gained 92%, GRNH up 181%, and CBIS has rallied 108%. That is if you could have found a buyer which will be difficult next week. All three of those names trade for under 10 cents. Tranzbyte isn't even worth mentioning as it trades under a penny. These are penny stocks and extremely volatile and risky. Greengro Technologies (GRNH) is the only name that trades at 10 cents. Enough said, these are gambly investments and you are better off at the craps tables.
Personally I would rather bet on big tobacco via Altria (MO), Reynolds American (RAI) or Lorillard Inc. (LO) . MO is not going to roll over if these pot companies take off. Big money always win and that rings true for tabacco.
Bottom line: Don't waste your time on pot stocks, you'll get smoked. Big tabacco rules this world and pays dividends, i.e. RAI, LO, MO.
Stock prices for those in this article below:
|Company name||Price||Mkt Cap|
|HAHI||Help at Home, Inc.||0.0013||2,430.00|
|MO||Altria Group Inc||37.72||75.44B|
|GRNH||GreenGro Tech., Inc.||0.104||14.97M|
|CBIS||Cannabis Science Inc||0.0605||46.06M|
Now do you see why the pot stocks aren't worth trading?
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Quantitative Easing Is A Squalid Little Lie That Appeals To Economists With No Grasp Of History | ZeroHedge
- Frontrunning: May 5 | ZeroHedge
- What Bubble? Wall Street To Turn P2P Loans Into CDOs | ZeroHedge
- US Shale Sector Crashes After David Einhorn Repeats What Everyone Knows Already | ZeroHedge
- SEC Commissioner Furious At Deutsche Bank's "Decade Of Lying, Cheating, And Stealing" | ZeroHedge
- Tepper Topples From Top 10 Highest-Earning Hedgies | ZeroHedge
- Four Key Catalysts To Watch In The Oil Sector | ZeroHedge
The most relevant financial news and articles from the Internets
- 50 incredible hotels you should sleep in during your lifetime | Business Insider
- Floyd Mayweather says he'd fight Manny Pacquiao in a rematch in 2016 | Business Insider
- Service sector activity expands in April | Business Insider
- Here's what Cisco employees think about their new CEO (CSCO)... | Business Insider
- Mayweather ready to grant Pacquiao rematch - ESPN | Business Insider
- 'Mad Men' provides a fascinating glimpse into the ongoing battle for... | Business Insider
- A shocking development happened to one of the main characters on 'Mad Men' last... | Business Insider