I'd bet there is a lot of money being spent on cannabis. However, most of it just goes up in smoke.
I started a Stock Chatter thread in the politics section not knowing where to put it, but this seems a better spot! I would look to see if there are any companies that have not yet rebounded from the COVID drop, see where they are now and where they were right before it all dropped and you can hope they reach it again. Otherwise if you want some shoot the moon stuff, I don't know much about the cannabis stocks(they seem to have already taken off) but Frontier Communications used be 80 bucks a while back now they are 50 cents or less because they had tons of problems and headed to bankruptcy, I believe they may make a comeback as they look to get out of bankruptcy. They went from 10 cents to 50 cents in about 3 days last week, so see if they dip again or buy. Heck 20 bucks will get you in the game with that stock.
No problem, remember no guarantees, but could make a little off them, even if they get back to a $1.50
I can't make heads or tails of the market right now. Things like car rental stocks you would figure would be struggling, nope right back or higher than right before the pandemic. How can that be?
This kind of talk will push this to the political section, he is looking for stock advice. Did you pull all your money out of the market?
Depends on how close minded one is to different scenario's. Some of those implied evil tax funded programs might actually increase consumer spending to the point that the market stabilizes and becomes normal again (if anyone can remember what normal was). The thought that helping less fortunate then ourselves would be bad for the economy is like saying rain is a bad way to end a drought.
