Investing General Discussion
- Thread starter Furious
- Start date
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
- 2,800
- 6,574
Oh man, if I were dumb / ballsy enough to have played all these dips and raises in GME / AMC.
Ravishing
Uninspiring Title
- 8,455
- 3,577
yea... hard to do when you see it go -$70/share in a day and they had a missed earnings report.
I guess news of several board members retiring was enough to make it pop back up though!
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Rajaah
Honorable Member
- 11,544
- 15,218
That's right, I've got SPCE. People shorting it were making the right move, I certainly didn't.
Didn't even look at my numbers today, first day ever where I actively, intentionally avoided it. At this point it just pisses me off that I didn't get into this during the past four years instead.
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
They even say in the article that they got Cuomo to agree because of his current "issues". "give us what we want or we will impeach you." Democrats in America.
Pots stocks should be jumping I would think.
Pots stocks should be jumping I would think.
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Jysin
Ahn'Qiraj Raider
- 6,288
- 4,055
The NY pot news came out yesterday. TLRY had a small bump, but nothing huge. Fizzled itself out too.
March 24, 2021, 5:23 PM GMT
www.bloomberg.com
March 24, 2021, 5:23 PM GMT
N.Y. Pot Legalization Gets Fast Track on Cuomo-Lawmaker Deal
New York is ready to legalize recreational marijuana. The state would impose special pot taxes and prepare to license dispensaries under an agreement reached by Gov. Andrew Cuomo and legislative leaders.
www.bloomberg.com
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I'm thinking the next big imeptus for a pot stock run will be if/when the federal government has the DEA remove it from Schedule I classification. That's the real door for nationwide legalization. I believe it will happen, I don't know about that happening this year though.
Fadaar
That guy
- 10,562
- 11,522
- 11,315
- 42,849
What are you talking about? The White House has been dismissing any staffers with Pot connections. Which seems odd since in several of her interviews it would indicate that Kamala is, in fact, a white house staffer with past pot connections. heh
Arden
Blackwing Lair Raider
- 2,654
- 1,945
Yep. I've made some MJ investments this year, but I'm actually growing a little bearish on weed stuff after that news. If it was up to Harris, I'm sure we'd see legalized weed pretty quickly. But from what I've read, Biden still has the 1980's view on MJ stuck in his brain.
Biden is one of the few holdouts on the left side of the isle for legalization. Maybe that will change.
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Neither of them however get to legalize shit. Thats Congress' ballpark and they cant push it through the Senate with a tiebreaker.
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Arden
Blackwing Lair Raider
- 2,654
- 1,945
I'm no expert on Government, but I'd imagine they could get a legalization bill passed through Congress but not with a veto-proof majority. Which means that Biden would absolutely factor in to any legalization effort.
Sanrith Descartes
Von Clippowicz
- 41,593
- 107,707
Its a 50-50 tie in the Senate and they need 60 to break a filibuster. You think 10 GOP Senators will vote yes?
Arden
Blackwing Lair Raider
- 2,654
- 1,945
I think it's possible they will get legalization through Congress one way or the other, yeah. Sentiment about weed has been changing rapidly on both sides of the isle- though most of the hold outs are still on the right. Put it like this- I think federal weed legalization is inevitable, it's just a question of how long it takes. There are half a dozen different scenarios about how it could play out. In the end, it's a huge money maker for states, and green matters more than red or blue.
- 11,315
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I won't go far with this as to avoid a politics derail, but in his "press conference" today Biden was openly positioning and talking about removing the filibuster.