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Brand new hot list penny stock pick has been posted for subscribers. This is a tiny, thinly traded company, but we expect it to move a lot higher. Log in at PeterLeeds.com to view it!
David Smith
Hi, Mr. Leeds. Hope you're doing well. I was wondering if you knew of any particular reason for the pull back the March 19 pick is experiencing right now? I've looked myself but couldn't find anything. Thanks very much!
Peter Leeds, The Penny Stock Professional I do not, and quite frankly it is surprising to us. Great company with solid momentum, should do very well long term in our opinion.
Peter Leeds, The Penny Stock Professional
BIG day tomorrow! Our Hot List pick is a technology penny stock that is enjoying leaping revenues and market share. This is gonna be a good one!

Marijuana Penny Stocks go to Pot

by by

Read all the past Blog entries here

pot stocksTo clarify, I don't think any of these marijuana stocks represent great value right now, and if anything they are greatly over-priced.  Buying what everyone else is buying is NOT a way to make money on your investments, especially if you are coming too late to the game.  

Investors may think because the topic of marijuana is on the news, that it makes the related penny stocks a good investment.  If making money from stocks were that easy, we'd all be rich.  The way to build a handsome profit is to buy shares in well-run, well-funded penny stocks.  None of the marijuana-related companies we reviewed appear to be even close to well funded.  In fact, the majority should already have gone broke, and indeed they may soon enough.

Many wrongly believe that my stance against these companies with poor fundamentals means that I am also against legalized marijuana, but that is actually not true.  The rampant drops in crime rates in the first two months of legalized pot sales (compared to the same time period in the previous year), combined with the increased tax revenues, makes legalizing marijuana a matter of time for thpot and marijuana penny stockse majority of States.  

These States have been watching Colorado's "experiment" closely, and are quickly learning that the benefits outweigh the risks quite significantly.

As a medical marijuana candidate, it also makes sense to me.  As a potentially beneficial aspect of my treatment protocol (I have MS), there is very little reason why I shouldn't use it.  It's also much less expensive than many of the other drugs and procedures I'm involved with (some conventional, some unconventional).  

In fact, tecfidera alone is running me about $20,000 per year, while every time I go to Albany for a CCSVI procedure, the bill is near $10,000.  Moral of the story - I really should get a health plan!!

In the mean time, do not fall into the trap of joining the crowd of investors who are piled into marijuana penny stocks.  This is especially true for anyone who has not invested yet but is thinking about it.  Investors in these stocks will lose.

 For those interested in getting involved with winning stocks for a change, drop by our newsletter and take a free trial.  You'll get to see all our hot penny stock picks, along with buy and sell price opinions and daily updates.

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