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Motley Fool Marijuana Masters

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pxo999
pxo999
3 years ago

This program launched recommending immediate buys of twelve stocks, many of which had already risen by multiples of 100% during the prior 12 months. By the charts, most of these were at or near the top of obvious bubble formations and due for imminent drops, which is exactly what happened. As of today, three months later, only one of those twelve recommended stocks is in the green. An investment split evenly among all twelve on launch day would be down 26% (vs. S&P -14% in the same timeframe).

While it’s obviously not MF’s fault that the market as a whole began tanking just a few weeks after program went live, it was still fairly irresponsible to recommend users go in fully and immediately on stocks that had already risen very steeply in the recent past. At minimum, a more staggered approach should’ve been offered, encouraging people to scale in gradually over months to mitigate losses due to poor timing against the inherent volatility of the cannabis space.

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Rob D
Rob D
3 years ago
Reply to  pxo999

What were the stocks?

Allan Jiracek
3 years ago
Reply to  pxo999

If you joined this could you send me their recommendations?
cardano4.65e@gmail.com
Thank You

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