Ok, well I see no reason to get into the arguments such as those on this site already about the MJ related companies. I am a real investor with real experience.
Take what I say or don't. Your choice.
TRTR, PHOT, CBIS.. and other companies like it in the MJ and MJ associated product line business all received a nice jump in share price. Temporarily. This was due to news coverage, government actions, as well as state actions that were widely televised. As well as people assisting the share price with there own pump and dump scams. Now these companies are real companies. There are however start up companies and cannot expect to have a share price to rival Microsoft at this time. The large uptick in price for all MJ related companies is now over and the prices will steadily fall to previous levels or slightly higher. This is however not a bad thing, while these companies financial statements are not the best in the world, again they are start ups and cannot be expected to be at this time. If you chose to hold stock in these companies I would advise buying in a few weeks when the price has dropped. By this time the share price will have evened out and my advise would be to buy the shares and hold until the next new on such MJ companies causes prices to rise again. Sell once you have made a decent profit and wait for price to drop again. Which it will. At which point you can buy shares again.
Buy low sell high. Thats investing....And there will always be risk
I use past exp. Company financials, balance sheets, as well as financials for the past 3 years minimum. I check all forward looking statements for reliability, and the truth. Many of the OTC companies financials are bad as a start up. News broadcasts are always good to either give a stock a fast jump or decline depending on the news. Never invest and hold on news alone.
Excellent advice for people who may have just began investing in stocks. So many of the people investing in the pot stocks probably have never invested before. You explained in common English in how to invest, and not lose your money hopefully if you invested at the wrong times. Don't panic and sell all of your shares, but try to average your price down by buying at lower prices and have patience. If you are in a good company, a real company, the prices will go higher at some point.