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<p>[QUOTE="sakata, post: 2948005, member: 23778"]I have an IRA with TDAmeritrade. All cannabis stocks are going up right now so take your pick. The particular one I was referring to was VATE (bought on dec 19th at $0.04, now $0.1355). Also bough CBWTF on Oct 15th for $0.773, now $1.49). NXTTF (bought at $1.24 on Dec 19th, now $2.61). I have several others which are up more than 50% but also a few which are only up 20% or so. If you want to get in though do so soon as it won't last. In the early fall it was lithium was the big thing and I made about 25% in two months before it slowed down. It is still going up but not as slowly. With penny stocks you need to get in on the latest thing before everyone else gets in to make a killing and you have to buy several in each sector because you never know which one will succeed.</p><p><br /></p><p>EDIT: I would not recommend penny stocks for someone who is just thinking of getting into the market. I think it takes some experience first. If you are thinking of getting <i>back in</i> then that is a different matter. I don't think that now is a good time to enter the markets as I think a big reversal has to some sometime soon, just not sure when. If you really want to earn money there over the next few years it seems like options is the place to be. I don't trade them yet but I am trying to learn how.[/QUOTE]</p><p><br /></p>
[QUOTE="sakata, post: 2948005, member: 23778"]I have an IRA with TDAmeritrade. All cannabis stocks are going up right now so take your pick. The particular one I was referring to was VATE (bought on dec 19th at $0.04, now $0.1355). Also bough CBWTF on Oct 15th for $0.773, now $1.49). NXTTF (bought at $1.24 on Dec 19th, now $2.61). I have several others which are up more than 50% but also a few which are only up 20% or so. If you want to get in though do so soon as it won't last. In the early fall it was lithium was the big thing and I made about 25% in two months before it slowed down. It is still going up but not as slowly. With penny stocks you need to get in on the latest thing before everyone else gets in to make a killing and you have to buy several in each sector because you never know which one will succeed. EDIT: I would not recommend penny stocks for someone who is just thinking of getting into the market. I think it takes some experience first. If you are thinking of getting [I]back in[/I] then that is a different matter. I don't think that now is a good time to enter the markets as I think a big reversal has to some sometime soon, just not sure when. If you really want to earn money there over the next few years it seems like options is the place to be. I don't trade them yet but I am trying to learn how.[/QUOTE]
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