First job looking to invest

>Do you even know if they're profitable?
holy shit your really are retarded aren't you??

what don't you understand that they bought the shell and transformed it into a cannabis company. The ticker change just went through FINRA. Literally the products are just now releasing and selling on amazon. I really don't think you understand this investment at all. RBII is just getting started all their past performance goes out the window because it was a completely different company and different management. The shell was bought and the O/S and float are currently maxed out!

I swear i hate fucking newfags like you.. Down talk a company that you have done ZERO DD on like none at all. You really are some special type of stupid.

watch as RBII gets QB status and climbs over .10 for a 10bagger while you sit by on your hands and go.. w-well but are they profitable??? lmao fucking newfag.

Market is oversaturated. If you really believe in weed look into alternative weed products like magic flight launch box type stuff. Innovative has a market that is always avaliable (stoners who pay for a new type of smoking experience how many potheads have a shit ton of pipes and vapes?)
If you wanted weed stock should have gotten in awhile ago you were probably still in high school though. Not saying that as a dig just saying opportunity to make money on weed is still there it is just different from what you were probably researching casually 3-5 years ago. Look to the future not the past if you must go with actual product why not look for a new developing area of legalized sale rather than your Colorado/ California weed companies

You're right. I know very little about penny stocks. I'd like to learn about it though. Just seems to me that you're not mentioning things that are important for investing. Maybe that's just my ignorance on the matter. But, I feel like profit margins and what profit is spent on should matter more than a name change.

Another user here. How much stake you got in this? How much do you believe? I agree I see potential but weed shit is iffy so I'm gonna do way more research before acting.

Look into investing in industrial cannabis businesses.

denverweed.com/conventments-upcoming-b2b-iot-platform-potential-streamline-colorados-cannabis-industry/

Conventment is a big one that's coming up.

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>Just seems to me that you're not mentioning things that are important for investing.
everything i am mentioning to you is the only important part to investing in pennystocks

These aren't s&p stocks or any major company trading over 10billion.. they are fucking pennystocks.

If you find a good stock in the pinks that has potential such as RBII you want to hold it for when it goes QB and climbs then maybe even QX then nasdaq or AMEX..

you know those times when you look back at a stock trading at $40 and see that it used to trade at $1 and you go wow wish i were one of those people (investors) that got in down at $1.. well RBII is this type of invesment

>I feel like profit margins and what profit is spent on should matter more than a name change.
You seriously must be extremely fucking new.. let me guess this is your first year? or maybe you just took your first business class?

This kind of shit they don't teach you in school kid.

The profit is coming.. thats the whole point of "investing" people "investing" in companies that are already established aren't really investors the people getting shit started are the investors. The people buying after the fact are usually the bag holders while more sophisticated investors move onto another RBII.. it has huge potential.

If you are trying to look back into their financials you won't find anything because they bought the shell out from RSII (Rising India) the shell now belongs to RBII (Rising biosciences) it's just now starting.. i really don't know how else to explain "investing" to someone that thinks investopedia has all the answers. If you are looking for safe investments with 5% gains a year then this isn't your type of investment.. but if you are looking to get 1000% return on your investment this is a stock that you will get that.

forget about weed, buy yourself some grow lights and get into microgreens

i've made over 6 grand on it so far since .004-.005 before the name and ticker change.. Right now i only have a grand in it and plan on loading up soon it's hitting the load zone under .01

this is the kind of shit that has serious potential imho

Hell yeah
the cannabis biz is going to hit nearly $60 billion in 10 years or so. Investing in underlying platforms like logistics/industrial/b2b services is key.

Buy Namaste vapes. Canadian marijuana stock that is an actual company.

Jesus, you're an asshole. I'd like to learn more about penny stocks. I'm curious, do you have a good track record? Performing research the way you do, and investing the way you do, have you been able to net large returns? Like 1000%? If so, where would you suggest I start to learn about these methods?

Too much delay on their sales license. They said early May. It's August. Still no license. I don't trust them.

To OP i recommend US based companies. Canadian ones have questionable speculation upside. With rec sales starting in a couple months i think investors are mostly sitting out until rumors of strong sales start spreading. Days of sector wide mooning may be over for Canadian tickers.

>Jesus, you're an asshole.
yes i am an asshole because you came in like a fucking retard "HHuurr duurrr b-but is this brand new p-profitable?? hhhuurr duurr"

>I'd like to learn more about penny stocks.
If you aren't understanding anything i posted you might not have what it takes to invest in penny stocks especially when you are trying to look into their "profits" lol so many companies climb 100%+ and have never turned a profit and have no assets. It's like fucking crypto coins are close to useless but somehow they moon but yet you still want to look into profits as if that has everything to do with it.

>I'm curious, do you have a good track record? Performing research the way you do, and investing the way you do, have you been able to net large returns? Like 1000%?
I have had some very good investments down in the trips (.0001-.0009) that have netted me alot of gains over the years. DRUS the other brought me in 200% gain on their 600% run. there are plenty of pennystocks that run but really if you are one of those newfags that are still looking at p/e ratio, eps, dividends.. then pennystocks aren't for you.

>If so, where would you suggest I start to learn about these methods?
Learn about share structure and how corporations work when it comes to funding and transferring of control. You can learn alot on ihub

Also: Acreage Holdings IPO. Buy it day 1 and dump it after about a week when the pump loses steam. This is a biggie. Don't miss.

Damn, you make it really suck to talk to you :(

To be clear though, I'm more so asking about your entire net return from penny stocks. Before you started investing in penny stocks you had $x. As of today, by what % have you been able to increase x?

i couldn't tell you that, i got involved in pennystocks through the back door of companies.. the first time i ever bought penny stocks was through the company itself and not on the market. Know a few guys that used to be CEOs and they taught me alot about how corporations really work. So to say the gains i'm not really sure over the years.

Once turned 3k into 17k in a week. Once turned 2k into 12k in 3 days. RBII i have been swinging in and out of since Reverse merger announcement and have made well over 100%.

I have also lost money in penny stocks, nothing major, but there are times where you will get dumped on just to get you out because most pennystocks are being controlled.

>Damn, you make it really suck to talk to you :(
Maybe if you didn't come in sounding like a complete fucking newfag right off the bat i would have a different attitude toward you.

Really want to know why i'm being an asshole to you. check
>Agreed that it's probably not worth
its probably not worth it?? how much DD have you done on it?? did you just say that because you took a glance at it?? this post right here sums up your ability to learn. You dismissed something before even looking into it. This post is what cause me to be an asshole to an ignorant newfag such as yourself. maybe next time instead of putting something down before doing DD maybe you should take the cotton out of your ears and put it in your mouth. Listen and do DD before dismissing potentially huge gains like most newfags do. Sit on your hands buddy, you are forsure going to make it.

You err guys do know anyone can grow weed at home right?
Its never going to be worth much of anything

growing and selling weed isn't where the business is. the business is in the products surrounding weed. MYDX supposedly has a protable weed testert that tells you chemical levels in it (THC,CBD, ETC) some companies have CBD products such as RBII that deals with creams for pain and scars. POTN has gummie edibles..

it's not about the growing of the plant that is making money, everyone can do that, it's about the products that surround that plant. (drinks, edibles, Medicinal products, technology, etc..)

During the gold mining days would you want to be the guy mining the gold or do you want to be the guy selling the shovels? or do you want to be the guy transporting and cleaning the gold? or do you want to be the guy making jewelry out of the gold?

There are more ways to go about the cannabis market rather than just the growing aspect of it.

I'm just skeptical about penny stocks because they seem extremely risky. I said one douche thing, then admitted my ignorance. You've far overcompensated with your dickheadedness.

I'm interested because you're so cocksure though. Is there an entry-level broker you would recommend for penny stocks?

>Is there an entry-level broker you would recommend for penny stocks?
I use TDameritrade for when I buy on retail side. They have a flat fee. Depending on what kind of pennystocks you are trying to trade you are either going to want flat fee or % of trade. Some brokers will let you choose. % of trade can sometimes be better depending on how you trade and at what price levels you like to trade at when playing with stocks under .01 you don't want to be paying .01 extra for each stock when it's trading at .002 you will never make money. Alot of people use Etrade or TDameritrade for pennys. I heard suretrader and tradestation are alright too though, just never used them.

>I'm just skeptical about penny stocks because they seem extremely risky.
They are extremely risky, but you can learn if you didn't respond to people trying to help you in a retarded fashion.

>I said one douche thing, then admitted my ignorance.
You aren't going to get far in pennystocks if you talk like that right off the bat especially to people that are willing to help you.

Again i would suggest going to ihub and read up on some of the post there and some of the DD there are some very knowledgeable people there. Sure you shouldn't believe all the people there, look at their accounts and how long they have been in the market before taking advice from them but you will learn alot in there about not just how stocks work but how corporations work and when dealing with companies under 50mill market cap and only 100 shareholders it's important to understand how the corporate side works rather than just the stock that is attached to it.

Weed stocks are a meme my man. Just invest in an index fund that tracks the S&P 500 if you haven't already contributed to your 401k or IRA.

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This is what my conscience is always trying to tell me.

It's all about convenience my man. Most people just want to drive to the store, pick up their product, smoke it and get high as fuck within 15 minutes.

It's like saying fast food is going to go out of business because you can cook at home. Average person is REALLY fucking lazy.

>buy the most overvalued and expensive blue chip stocks
opinion discarded

>It's like saying fast food is going to go out of business because you can cook at home. Average person is REALLY fucking lazy.
brilliant. That is the best example I have ever heard for that arguement. It's like why don't you just grow your own food in your back yard instead of going to grocery store.

So after a couple hours of research I am leaning towards marijuana etfs. My game plan is to invest before good news hits. End goal is anticipating news events that hint at federal levels of legalization which I honestly feel will happen within a decade. Then I just cash out at peak of hype