I just saw this:
http://www.moneynews.com/InvestingAnaly ... /id/546170
"They’ve got high hopes.
Bruce Perlowin, the chief executive officer of Hemp Inc. who has seen his stock soar 205 percent to 8 cents in the last three days, says investors are suddenly bidding up marijuana companies because they want to find “the next Microsoft.”? Robert Frichtel, his Advanced Cannabis Solutions Inc. up 144 percent, said “euphoria”? is driving gains that in some cases top 1,700 percent.
“The demand for marijuana is insatiable,”? said Perlowin, a once-jailed smuggler who filed last month to sell 12 million shares of the Las Vegas-based company even as its market value holds 99.97 percent below the world’s biggest software maker. “You have a feeding frenzy for the birth of a new industry.”?
While regulators warn of scams, some of the biggest percentage gains in the stock market this year are being harvested by investors speculating on marijuana penny stocks. GreenGro Technologies Inc., which provides management services for medical dispensaries, has soared 1,714 percent to 80 cents. Tranzbyte Corp., which sells pot in Colorado, has gained more than 310 percent in five trading sessions, crossing above a penny for the first time in 11 months."
BTW, Greengro was down 52% today!
You can only buy one stock. What is it?
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