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Alan Brochstein, CFA
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Alan Brochstein, CFA has worked in the securities industry since 1986, primarily with the responsibility for managing investments in institutional environments until he founded AB Analytical Services in 2007 in order to provide independent research and consulting to registered investment... More
My company:
420 Investor
View Alan Brochstein, CFA's Instablogs on:
  • After Massive Gains Vaporize, Do Pot Stocks Offer Potential?

    The massive marijuana stock rally following the media frenzy when Colorado's legal cannabis system kicked in earlier this year has all but fizzled. As measured by the Benzinga 420 Marijuana Index, the stocks, which had more than doubled from the August 2013 lows into year-end, increased an astounding 7X in the first 80 days of the year only to give up most of their gains:

    (click to enlarge)

    While the stocks are still up in 2014, most investors have lost money after entering the market after the rally began. With prices substantially below the peak levels from earlier this year, marijuana stocks might have some appeal.

    READ MORE

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: Marijuana
    Aug 13 12:42 AM | Link | 1 Comment
  • Don't Miss WeedStock Conference!

    Marketfy is presenting the first investors conference for publicly-traded cannabis companies in Denver from 6/29-7/01. Details are available at WeedStockConference.com.

    WHAT TO EXPECT AT WEEDSTOCK
    • CEOs of public companies
    • Networking with industry insiders and the opportunity to pick their brains
    • Industry keynote speakers
    • Panels on political issues and how legalization will affect the industry
    • Classrooms and exhibits on the emerging marijuana industry
    • Optional tours of marijuana facilities

    You can use the promo code "friendsofalan" to get a $100 discount off of the admission, which includes meals. There are a limited number of rooms available at the $179 block rate at the Westin Denver Downtown, the site of the conference. You can call the hotel directly and mention the conference to procure that rate (303-572-9100).

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: ATTBF, TAUG, TRTC, AGTK, CANN, ANYI, EDXC
    Jun 03 9:10 AM | Link | Comment!
  • Are You A Marijuana Market Maven?

    420 Investor is teaming up with StockPools.com for an awesome contest that runs from February 24th to April 20th. First prize is a free one-year subscription to 420 Investor, with the potential for a cash prize as well depending upon the number of players.

    Do you have what it takes to be the premier pot stock prognosticator?

    Join the contest

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Jan 10 12:39 AM | Link | 4 Comments
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  • After Massive Gains Vaporize, Do Pot Stocks Offer Potential? http://seekingalpha.com/p/1vqt3
    Aug 13, 2014
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    Jul 31, 2014
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