Legalized weed = Weed stocks going crazy!
Bought 5,000,000 shares of ERBB on January 23rd @ 0.009 per share (Approx $50k total investment)
Sold this morning for 0.0149 per share ($74,500 or $24,500 profit).
For those of you who remember these are the kinds of wild stock swings that internet companies did before the dot com burst. I was too young to get in on it then but I knew something like that would come along again. It has and it's all thanks to legalized marijuana.
If you take the plunge and pick up a few weed stocks (most are very cheap right now) I suggest AGAINST buy and hold. If you do you might end up holding the bag when everyone else has gotten out!
Note: Sold my full position in ERBB. Still own 50,000 shares of MJNA buy waiting to get out soon (up 20% today alone).