Marijuana stocks have been on a rollercoaster ride in recent weeks, as new investors have entered the sector with thoughts of becoming instant millionaires. Some investors have the potential to make millions, but most will lose their shirt. The reason is that marijuana stocks are very volatile and often move
The next catalyst for marijuana investors may come from an obvious place: Big Tobacco. While alcoholic-beverage companies have been active in the marijuana industry, Big Tobacco curiously has not. But new comments made by an Altria MO executive show that the company is evaluating opportunities in marijuana. Altria owns Phillip
Given the tremendous potential of the cannabis industry, it’s natural for investors to be attracted to marijuana stocks. Investors have stars in their eyes. My inbox is flooded with offers to make me a marijuana multimillionaire. Age-old “pump-and-dump” schemes are in full bloom in marijuana stocks. The headline of this
There was a big bombshell in marijuana land. Constellation Brands STZ, known for its beer, wine and spirits, is investing about $4 billion in Canadian marijuana company Canopy Growth CGC. Constellation paid a whopping 51% premium. So does that mean other marijuana stocks are worth about 50% more than they
This post was just published on ZYX Short Sell Change Alert. There is no fill on STZ on the short side. The recommendation is now cancelled.
This post was just published on ZYX Buy Change Alert. STZ is now complete. Aggressive traders who were able to act should have had a buy around $29 and a sell around $32.80. Do not consider entering this trade again, it is worth repeating this trade is over now.
This post was just published on ZYX Buy Change Alert. The new target zone is $32.80 to $34.
This post was just published on ZYX Buy Change Alert. The upper zone change to $29.40.
This post was just published on ZYX Buy Change Alert. STZ is a seller of wines. The U. S. government is moving to block purchase of Grupo Modelo buy BUD. The acquisition would have benefited STZ by importing Modelo products to the U. S. The stock is very volatile. Only aggressive
This post was just published on ZYX Short Sell Change Alert. STZ is a big seller of wines. It appears that the U. S. government may move to block one of its planned acquisitions. Consider short selling a 10% tranche in the zone of $38.73 to $39.40. No stop for the