Tuesday, April 29, 2014

The "Premier Grower" Moving Forward?

Are you investing in medical marijuana?

Inter-day trading fluctuations don't mean a lot to me at this point in the Affinor story. There are a few things the market is looking for and once delivered this will quickly become a choice easily made by those still on the fence.

Traders and investors don't make money sitting on cash, but it is hard to know whats a deal and when its time to cut bait and move on. If you have yet to dig deeper into this story then you really haven't tried very hard to seek out the truth. The company's CEO and Nick are both very easy to contact with your questions. Obviously they don't want to be off-side on comments yet to hit the news or in play items that may soon come to light, however, they may shed light on the growing storyline and how they intend on being the "Premier Grower" moving forward.

Anyone who thinks this is a temporary trend or just a bubble in a new untested industry really has to look at the years of buildup to the point we are at today. Society has lobbied for change for a long time and social pressure as well as looming legal issues has pushed us past the breaking point to the new system that is in play now. Google Nicks name and look at some of the marijuana articles written on his work over 10 years ago. He certainly has nailed it along the way. As well he has made those critical contacts internationally that separate this story from so many others trying to find a formula for success.

Don't let emotion rule your trading. Find out whats really happening then make your decision based on fact not banter or rumor on the bullboards. Fortunes are made on the markets every day but some take time to mature. Savvy investors see an opportunity where others may see fear or weakness. The markets are always swayed easily by fear and some are quick to lock in profits before assessing the true nature of the fear and its validity. How many times have you looked back and realized you just left a lot of money on the table for someone else to move forward with?

If a story is bad and the industry is not to your liking then you probably should lock in your gains and go back to your comfort zone. But even if you don't know anything about marijuana or the new laws its pretty simple math to see how much money is ahead for this sector with no big players yet and only a small number about to get started.

Disclosure: I am invested in Affinor Resources AFI:CNSX

* Always conduct your own due diligence when investing and protect your money. I only offer my opinion on valuations and possible outcome. I don't offer investment advice or tell people when to buy or sell. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of junior companies in any sector.

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