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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
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420 Investor
  • How To Decide Between GWPH And GWPRF 2 comments
    Sep 24, 2013 10:55 PM | about stocks: GWPH, GWPRF

    GW Pharma is a UK-based company. I am in the middle of a more thorough analysis of this biotech but have called it out as being the only listed stock in the cannabis sector. I included it as a member of my "Focus 4" in a Seeking Alpha article on the sector, suggesting that their management team is quite strong. I will likely have a lot more to say soon regarding my views on the company.

    For years, investors who didn't want to buy the stock on the London Stock Exchange had the option to buy it as a pink-sheet, using the symbol (OTCPK:GWPRF). More recently, the company issued a NASDAQ-listed ADS, (NASDAQ:GWPH). In our "Toking Tuesday" chat on 9/24, one of our members asked about the differences between the two securities.

    READ MORE

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

    Stocks: GWPH, GWPRF
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  • davidoliver
    , contributor
    Comment (1) | Send Message
     
    Hi. My name's Dave. I invest in stocks I believe are about the future and will appeal to the masses. I have been trading on my own for about five years with this approach and am doing pretty well. To me marijuana stocks are one of the industries of the future which will touch volumes upon volumes of people. It is one of a handful of niches that I believe will do this. I am not in any of my picks for short term up and down gains and losses. I project out 2, 3, 5 - 10 yrs.

     

    I see that 420 has a short term buy for MediSwipe. Why? To me this stock either fills a vacuum or it doesn't. I believe it does by providing one stop shopping for information on doctors and dispensaries, while acting as a bank and credit card for customers and businesses who are dealing in prescribed drugs including marijuana, especially marijuana. They also keep records of all transactions to meet govt requirements as they arise across the country and around the world.

     

    So I ask 420: Am I right on this? Does this company fill a vacuum for the future? As far as I can tell it is unique in it's niche and serves a needed purpose and over the long run should eventually be an over $5 stock. So why buy and sell at every turn, winning some and losing others? Please enlighten me.
    28 Oct 2013, 04:04 AM Reply Like
  • Alan Brochstein, CFA
    , contributor
    Comments (7534) | Send Message
     
    Author’s reply » Look at the financials of MWIP so far and their failure to deliver on promises. It's too early to conclude that it would fit into your long-term view in my opinion. This really isn't the place to discuss this - please repost this comment on the article where I mention it if you wish to discuss this further.
    28 Oct 2013, 06:08 AM Reply Like
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