AF15 value - will the market 'crash'? 3 3

[Mr bla bla]

1 hour ago, aardvark88 said:

Lou Fine can just swap that $1,000 speculative play on crytocurrency from last year straight across for AF #15 Cgc now.  Looks like the sheep are all lining up to roll the dice on cryptocurrency now. Talked to my buddy yesterday who is traditionally satisfied with a steady GROSS  2% return on his mutual fund money who for some strange reason is looking glassy-eyed at those huge blockchain returns and wants to speculate today for these 'guaranteed' returns next year.

That ship has sailed ...

[fishbone]

On ‎06‎/‎01‎/‎2018 at 7:15 PM, lou_fine said:

That's what I had figured in terms of no additional Customs duty charges for comic books anymore. 

Are you sure about the PST tax portion since I believe that I was charged for the additional 5% GST taxes only, with the PST box left blank. 

Well, I need to make a visit to Canada Customs at Pearson then, cause I was dinged bigtime ......

[lou_fine]

10 hours ago, Glassman10 said:

On 1/7/2018 at 2:15 PM, lou_fine said:

 

So, I guess I should never say never as I just might find myself bidding on an AF 15 one of these days, and it'll be at that point where these books will have crossed over the line from being just a collectible for me and sadly, becoming more of an investment for me. 

The VISA/MC? All it does is to shave a percentage every time you use it. It doesn't lend money.  I would do that way before Cannabis stock or bitcoins- particulary bitcoins. I still remember a friend who was busted for grass in 1968 in high school. The judge gave him the choice of jail or Vietnam. He took Vietnam and died there. That left a sour taste for the rest of my life.

Like my comic books from way back when, sometimes the most enjoyable surprises are the ones you do for fun and they actually and unexpectedly turn out to be winners in the end from a financial point of view.  

For example, with respect to your Visa stock, I also tossed in a bit of money into Visa about 8 to 10 years ago.  Needless to say, with their stock split, dividends, and continuing increase in share price, absolutely no complaints at all with respect to their overall excellent return.  Of course my rationale for putting money in here was for investment purposes, which fortunately for me appears to be working out so far. 

And yet on the day that I left for my Caribbean cruise at the beginning of November, I decided to tossed in some "fun money" into one of the cannabis stocks.  By the time I got back home from my short little cruise, my paper gain on the cannabis stock was more than my paper gain on the Visa stock which I had held for almost 10 years. 

Go figure that!!! 

Edited January 9, 2018 by lou_fine

[Subby1938]

In the modern era nobody touches Spiderman . Batman and Superman came out in 1938 had 7 generations of readers to keep them around. That's it. We will see where we are in time many more spidey flicks coming and spin offs . DC is done on big screen the movies were terrible . 

If Batman was such a King why did they have to prove he wasn't gay in 50s by inventing Batwoman and Batgirl ( Kane ) for Robin? Sounds more like a Queen than King! 

 

 

[Sweet Lou 14]

[lou_fine]

7 hours ago, Mr bla bla said:

9 hours ago, aardvark88 said:

Lou Fine can just swap that $1,000 speculative play on crytocurrency from last year straight across for AF #15 Cgc now.  Looks like the sheep are all lining up to roll the dice on cryptocurrency now. Talked to my buddy yesterday who is traditionally satisfied with a steady GROSS  2% return on his mutual fund money who for some strange reason is looking glassy-eyed at those huge blockchain returns and wants to speculate today for these 'guaranteed' returns next year.

That ship has sailed ...

Now to me, cryto is an imaginary ghost ship that I would never even think of setting my foot on.  Watched an documentary and read some articles about them during my plane ride to Australia last month and still haven't the foggiest idea of how they works, except it's not that easy to trade them unless you have a good understanding of the technology. 

With respect to cannabis stocks, that's a completely different story as it's actually something in the real world which I would be able to touch and feel.  Something that's much easier to understand and trade.  Although this ship may also no longer be at the dock, it would still appear to possibly be in the first inning of the inception of a new and growing industry.  Especially with legalization of recreational due later this summer, with drinkables to follow a year later, and then edibles a year after that or possibly pushed even as early as 2019. 

Only problem is that it's almost like a Wild West out there right now with the number of publicly traded and hyped companies out there and you need to weed (pun fully intended) out the 95%+ of the companies that will no longer be there in a few years from now.  Actually, not really that difficult as it's already starting to be relatively easy to see who will be the 800 lb gorillas or the Supes, Bats, and Spidey within this new and emerging industry.  With Mom and Pa now out there crashing the bank online trading systems almost on a daily basis with the overwhelming volume of trades in hopes of making life-changing monies, it's definitely a gigantic bubble out there right now.  Especially with respect to some of the smaller and more marginable players out there, but if you pick the right horse, they'll definitely be worth a ton more in a few years than where they are right now.  

Although you (i.e. Allan) may have been joking about turning some of these gains into AF 15's, it would actually appear that some of these more risk taking speculators are making enough monies to pick up low or even mid-grade copies of AF 15's on an almost daily basis. 

[kimik]

28 minutes ago, lou_fine said:

Now to me, cryto is an imaginary ghost ship that I would never even think of setting my foot on.  Watched an documentary and read some articles about them during my plane ride to Australia last month and still haven't the foggiest idea of how they works, except it's not that easy to trade them unless you have a good understanding of the technology. 

With respect to cannabis stocks, that's a completely different story as it's actually something in the real world which I would be able to touch and feel.  Something that's much easier to understand and trade.  Although this ship may also no longer be at the dock, it would still appear to possibly be in the first inning of the inception of a new and growing industry.  Especially with legalization of recreational due later this summer, with drinkables to follow a year later, and then edibles a year after that or possibly pushed even as early as 2019. 

Only problem is that it's almost like a Wild West out there right now with the number of publicly traded and hyped companies out there and you need to weed (pun fully intended) out the 95%+ of the companies that will no longer be there in a few years from now.  Actually, not really that difficult as it's already starting to be relatively easy to see who will be the 800 lb gorillas or the Supes, Bats, and Spidey within this new and emerging industry.  With Mom and Pa now out there crashing the bank online trading systems almost on a daily basis with the overwhelming volume of trades in hopes of making life-changing monies, it's definitely a gigantic bubble out there right now.  Especially with respect to some of the smaller and more marginable players out there, but if you pick the right horse, they'll definitely be worth a ton more in a few years than where they are right now.  

Although you (i.e. Allan) may have been joking about turning some of these gains into AF 15's, it would actually appear that some of these more risk taking speculators are making enough monies to pick up low or even mid-grade copies of AF 15's on an almost daily basis. 

The way to play the cannabis bubble was simple. Buy one of the big boys (Canopy, Aphria, Aurora, MedReleaf) and then turn a portion of the profits into some of the smaller names once they started to run up. Now the only question is how long the run up will last and sell at the peak. 

[lou_fine]

20 hours ago, kimik said:

The way to play the cannabis bubble was simple. Buy one of the big boys (Canopy, Aphria, Aurora, MedReleaf) and then turn a portion of the profits into some of the smaller names once they started to run up. Now the only question is how long the run up will last and sell at the peak. 

Now, now, I believe you really should show some respect to the host of this website here, namely CGC itself,  and not talk about the competitors here.   

Especially since CGC (i.e. Weed.TO) still managed to gain a further 5.5%+ today in what was generally a healthy down day for the majority of the MJ market.  Combine this with a 17%+ gain for yesterday and a quadruple since October and CGC  is looking pretty good.  Actually, depending upon the number of shares and if you were enough of a risk taker (not so lucky me, unfortunately  ) to have brought into all 4 of these companies in October or early November, I am sure you would have enough to buy multiple copies of AF 15's from just your profits.  That is, unless you decide to place it into a relatively new and still cheap up and comer like Cannabis Wheaton which appears to be one of the more popular go to reinvestment moves in the MJ marketplace right now. 

Similar to the hype of super hero movies on comic book prices and what with FOMO running at max speed right now, if you hold them until just prior to legalization date, you might even have enough to go for a high grade copy of AF 15 or a half decent copy of Action 1 or 'Tec 27 in some of the upcoming auctions later this year.  Not so sure about the short term impact after legalization date though, when real world issues such as harvest rates, production deadlines, continuing black market competition, etc. comes into play, as opposed to the current pie in the sky thinking of seemingly 100% perfect harvest rates, low cost production on a per gram basis, unlimited demand to fuel sales, etc. 

Yet, if you are willing to hold long term through the dips and valleys of the sure to be roller coaster ride over the next several years, and lucky enough  to have placed your bets on the right horses here, you could end up being able to afford all 3 of these books in terms of an Action 1, 'Tec 27, and an AF 15.  After all, hasn't the equity marketplace shown us that's it's always good to have first mover advantage when it comes to a new and emerging industry.   

 

Edited January 10, 2018 by lou_fine

[Subby1938]

Well I know in Canada we are on verge full country legalization and our Feds will have complete control. Stocks are risky on this unless we can find out which companies are government sponsored will be contracted grow ops etc etc. The disgusting part of this multi billion dollar industry to come is pretty much all Politicians current and retired are already heading most of companies that will make all the money. It's federal cash grab nothing for anyone else just like liquor , cigarettes and casinos/gaming. It sickens me with no thought on how this will affect upcoming youth in years to come.

personally it's a really bad idea!

[Glassman10]

this thread takes some very peculiar twists and turns. Soon, I expect to see investing in Cannabis is a hobby ( Hoarding is fun) your kids can participate in with you.. Reading AF15's and getting ripped.

Here in New Hampshire, I actually watched a legislator say that we can't legalize it here for taxation purposes and he cited edibles as an example. He said that if we taxed magic brownies, we'd have to tax similar non cannabis foods as well and that violates the "New Hampshire Advantage" as they call it around here which is no sales tax... Maine and Massachusetts smile...

Edited January 10, 2018 by Glassman10
more deep thought

[Mr bla bla]

On 9/1/2018 at 1:46 AM, Subby1938 said:

In the modern era nobody touches Spiderman . Batman and Superman came out in 1938 had 7 generations of readers to keep them around. That's it. We will see where we are in time many more spidey flicks coming and spin offs . DC is done on big screen the movies were terrible . 

If Batman was such a King why did they have to prove he wasn't gay in 50s by inventing Batwoman and Batgirl ( Kane ) for Robin? Sounds more like a Queen than King! 

 

 

Send your suggestion to Frank Miller. He might do a cool mini "Return of the dark Queen".

 

[Subby1938]

Lmao . Seriously I love both I just think Spidey has moved past both in popularity .

[showcase22gr1959]

AF15 has been a major lucrative flipping book for many and reap great profits for long time holders.  Loads of copies being sold by profit takers and many has been absorbed. The large move has been made, and the next big move up will be anyone's guess. 

Edited January 12, 2018 by showcase22gr1959

[Subby1938]

I'm going to hang onto my low grade copy for a long time I think. I like having it more than the money 

[Glassman10]

Rather than crash, I think the AF 15 has a long ways to go before it flattens out at all. . The last year really showed substantial jumps all across the spectrum with entry level making some strong financial demands. .

On Bitcoins? I think once you're getting unsolicited email to buy bitcoins, you can be pretty sure it's worth avoiding... especially if you need to put your money into hot Asian women. 

[chrisco37]

It’s had it’s spike.  Nobody is losing money at this point.  I think it settles in the current range for a bit.  

[peewee22]

15 hours ago, chrisco37 said:

It’s had it’s spike.  Nobody is losing money at this point.  I think it settles in the current range for a bit.  

I agree. Everything is quite right now. Right after the holidays, etc. No way anyone pays over those 2017 prices for awhile.

[Subby1938]

Until when ? The next Avengers movie where Spiderman takes a huge role on the team , followed by spin off Villian movies then his own again. This book is going to keep climbing 100%. It's low grades are undervalued for how big this character is. That's my opinion 

[Gotham Kid]

2 minutes ago, Subby1938 said:

Until when ? The next Avengers movie where Spiderman takes a huge role on the team , followed by spin off Villian movies then his own again. This book is going to keep climbing 100%. It's low grades are undervalued for how big this character is. That's my opinion 

SC22, is that you ?

Edited January 13, 2018 by Gotham Kid

[Subby1938]

I don't know  who that is sorry. 

Another point on this " market crash " if it drops on AF15 it will on everything so let's get over this whole idea I think it kinda dumb. The book may cool off , level off, have some price correcting etc etc but if there is a crash on one of most valuable and popular  comics in history it's all done! Batman , Superman it won't matter see ya ! Do we all really think it's going to happen now? I don't.

Edited January 13, 2018 by Subby1938