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2013/06/12

This Space is Going Higher

Wednesday, June 12, 2013

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This Space is Going Higher

 

by Rob Goldman

 

 

Roughly 15 months ago we took the plunge and elected to profile a leading medical marijuana stock. Although the stock pick did not do particularly well (timing is everything, after all), a lot has changed in the industry that warrants a re-visit.

 

The bottom line is that we are in the early stages of the industry. And while there are headwinds looming, there are far more positives than negatives. With that in mind, we are going to provide you with a brain dump of key information at a high level, and then highlight the most prominent name in the space.

 

Despite no change in stance by the U.S. federal government, 19 states and the District of Columbia have approved some sort of medical marijuana program. Based upon the sentiment among several state legislatures, it is likely that most states will approve some form of medical marijuana initiative in the coming months.

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

Stock Trading Lessons 101

 

by Rob Goldman

 

 

You have to love when a story comes together, especially when that stock you just bought makes that big move right away. For example, I can't believe the move Orchard Supply Hardware Stores Corp. (NASDAQ: OSH) made on Friday, the day we profiled it.

 

I must admit that instant gratification is a great thing when it happens. But we all know it is a rarity. So we must be thankful when it occurs, and recognize that while luck and timing have something to do with trading success, diligence and persistence will help you in the long term. 

 

In an effort to remind us all not to think we walk on water when we make a good call, I thought it would be a great opportunity to impart some words of wisdom in "Stock Trading 101, The Stock Junction Style."

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

 

 


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