Today I’m starting my Annual Review, during which I take a (hopefully fresh-eyed) look at every stock in my Real Money Portfolio and update my opinion for you (and, frankly, for me, since it’s a good exercise). Some of these stocks pop up in my writing practically every week, but for others where there might […]
Heydy ho, Gumshoe friends… today I’m going to go a little over my allotted time, this is the last Friday File for 2019 so I’m going to throw in a teaser solution for you first, then go over some updates and changes and news items from the Real Money Portfolio… ready? The teaser that some […]
It’s “goodwill toward all” season, right? So now is the time to get ready to be nice to yourself. I don’t know whether this trade war will end, or if impeachment will lead to something bigger, or whether President Trump will find a way to goose the stock market again next year to boost his […]
Earnings season is clobbering me with news once again this week, so there’s a lot to share… I’ll start with the actual transactions I made today, and move on to look at a dozen other stocks I own or am watching… buckle up! We’ll start with the one that probably most of you can’t easily […]
This week brought yet another push-pull to the markets as investors attempt to figure out whether Lucy is going to pull the football away from Charlie Brown again in the China trade talks, but the narrative that struck me as most interesting on the week was the line that was drawn in the economy by […]
Innovative Industrial Properties (IIPR) hit a stop loss yesterday thanks to a sector-wide collapse of marijuana stocks. The big news that hits IIPR directly this week was that MedMen dropped its plan to buy PharmaCann, which is IIPR’s biggest tenant, so I did take the somewhat cautious step of buying a few protective puts just […]
The competition for your brokerage account has gotten fierce again, which is great news for investors. There’s no longer any reason to pay brokerage commissions for buying or selling stock… which makes it so much easier for small individual shareholders to be slow and gradual in their portfolio-building, and I think that’s great — don’t […]
Barron’s Says It’s Time to Bet Against Pot Stocks
Interesting article in Barron’s today: https://www.barrons.com/articles/weworks-ipo-failed-now-its-time-to-bet-against-marijuana-stocks-51570094101 I’d be interested in your take, in particular in relation to IIPR – which the article does not mention. Thank you
We first published this teaser solution on January 8, and I’m continuing to get the ad forwarded to me here at Gumshoe HQ pretty much every day… so I thought I’d repost this solution and provide you with a bit of an update (the story has changed a little, and I’ve learned a little more […]
President Trump and his team have reportedly been talking about ways to “delist China” from US stock markets or otherwise put up some barriers to prevent US investors from putting money into China, which put a scare into pretty much all the US-traded Chinese stocks and ETFs… I have no idea if that’s going to […]
The allure of income is overwhelming, and one thing that many small or novice investors have in common is the certitude with which they believe that there’s a “secret” income source out there… a way to just “tap in” to the money that institutional investors are making. That’s why these kinds of “payday” and “weekly […]
Those of you who’ve been aboard the good ship Gumshoe for a while know that I’m not exactly a marijuana stock enthusiast… but still, when folks keep asking me to ID the pot stocks being teased by various newsletters, I do aim to please. So this time we’re looking at Matt McCall’s pitch, which looks […]
Here’s what I’m trying to avoid: Predicting the direction of the markets because of my deep understanding of US-China trade dynamics. Every time I read an article that asserts “China trade deal more likely because of Bolton firing” or something like that, I throw up in my mouth a little bit. The market is way […]
Gold had its worst day yesterday since 2016, so that was a little shock to the system — mostly, I think, because the latest leaks and Tweets about the China trade dispute were relatively optimistic, with meetings scheduled for next month. It’s hard to imagine we’re going to have a “real” trade deal before the […]
Things began slowly this week after a weekend of decadence in Las Vegas… what impressions did I have of Sin City? People aren’t gambling as much as the last time I was here a few years ago, the tables and slot machines were not so crowded, but there were still some big crowds of people […]
What’s going on with the market this week? Well, the accepted narrative keeps shifting — first we had trade war panic as Trump announced new tariffs last week, then celebration as those tariffs were delayed to ‘save Christmas’, and the market is overly obsessed with the high-level game of chicken being played by Trump and […]
I covered a “powdered plasma” ad from Michael Robinson just yesterday, but it turns out the he’s also flogging “cryogenic blood” separately, in different ads for his same Nova-X Report newsletter, so I thought I better follow up to get rid of any confusion. The Thinkolator concluded that yesterday’s ad, teasing a Pennsylvania company, was […]
Another week of fussing about macro issues that we can neither control nor predict, what fun! The Federal Reserve did exactly what the market demanded in cutting rates, but the market was still mad because they failed to promise that they would give us each a pony. President Trump seemed angered by the lack of […]
Thanks for your kind wishes (and patience) as I took a couple weeks off with my family — we had a wonderful and relaxing getaway in a few of the jewels of the Rocky Mountains as we toured through some northern national parks, most of them blessedly devoid of cell phone service or wifi, but […]
IIRP….what’s up
HI Travis any idea on the punishing of IIRP’s stock price. I get they issued new shares at a lower price than market. the reaction seems severe. wondering if you have any insight?
Indulge me for a moment, dear reader — I’m going to wander around thinking about valuation and about short selling, then get into talking about a current situation that closely mirrors some of the long/short pairs trades I’ve done in the past year or so. Then we’ll talk some about gold, since that seems to […]
This article was originally published on March 26, the ad in question continues to circulate unchanged but we have lightly updated our coverage below to reflect some changes in the company… including the 40% drop in the share price since the ad started running. Matthew Carr at the Oxford Club is pitching a new marijuana […]
There’s no more cyclical stock than a semiconductor stock, and we’re seeing the whipsaw slash through that market now as trade sentiment weakens and pundits begin to see some weakness in the economy, particularly in the employment numbers, and the Federal Reserve fuels that uncertainty by essentially promising a rate cut in their attempt to […]
Sometimes I get so deep in the weeds in struggling through the absurd promises and promotions from investment newsletters that I forget to mention the one key common-sense tool that we all have at our disposal: If it sounds way to good to be true, it’s not true. Sadly, in the world of investing we […]
I’ve got a new buy to go into in some detail today, but first let’s go through some meaningful earnings reports that shook up the Real Money Portfolio this week and sent some questions my way… The Trade Desk (TTD) beat the analyst expectations for both revenue and earnings this quarter, but not in a […]
As we close in on the end of the first quarter, it’s time to release some more data — I just posted the 2019 teaser tracking spreadsheet for you, you can find it on the tracking page along with all our previous years and use it both to see what we’ve been covering so far […]
It seems we’ve officially entered a period of another “Fed Put” — Fed Chair Jerome Powell’s statements yesterday were widely interpreted to mean that there will be no interest rate hikes this year, or maybe ever again, and that the Fed will stop its “quantitative tightening” in six months or so, leaving a huge and […]
Happy Friday! Let’s start you out with my favorite article that I read this past week: Michael Batnick’s Twenty Craziest Investing Facts Ever. Go read it whenever you’re convinced that you know what is going to happen over the next few weeks… or even the next few years. So… what’s going on in the portfolio […]
I’ve got a couple updated thoughts to share with you on some Real Money Portfolio companies, including answering some reader questions about when to take profits on IIPR (I’ll warn you up front, my answer is wishy-washy), but first I’ve got a quick teaser solution for your Friday edutainment. Just today I got a teaser […]
Everyone was watching this week to see if Warren Buffett did anything big with Berkshire Hathaway’s (BRK-B) portfolio in the fourth quarter of last year, news that comes once each quarter (large investors have to file their end-of-quarter holdings in US stocks 45 days after the quarter ends), and… he didn’t. Berkshire did add to […]
I’m going to get to several updates on Real Money Portfolio stocks at the end, including those questions “What to do with Qualcomm (QCOM)?” … but first, I’m going to go through the stocks where I’ve completed my Annual Review this week. Each year I promise to re-analyze and reconsider my opinion about each stock […]
We have a couple traditions here at Stock Gumshoe… we call out one of the worst teaser stock ideas around Thanksgiving and identify the “Turkey of the Year,” and then, as the year comes to a close and holiday merriment washes all around us, we call attention to the best teaser stocks of the year. […]
This article originally ran on October 25, the ad is again circulating in slightly different form and sending a lot of questions our way, so we’re re-publishing it here for you today… the basic spiel and the stock are still the same, though they’re being used to pitch a different newsletter. The stock has bumped […]
There was an election on Tuesday, I hear. I voted. The counting is almost over now. Apparently the world did not end, and now we begin the campaign for the next election… everyone raise their hand who wants to vote for austerity and deficit reduction and lower spending and higher taxes and delayed Social Security […]
Is this the beginning of a 30-60% decline in the stock market? A correction to blow off a little of the excess in the valuations of growth stocks that’s almost over? Something in between? Nobody knows, and it would be silly to spend too much time guessing. We should be prepared for either — which […]
The next wireless standard to be adopted by telecom service providers might be the biggest one since 3G enabled the first real “high speed” data and reasonably useful internet access by smart phones. And new wireless standards are always of interest to investors, not least because the growth of smartphones has tracked the improving networks […]
Have you been watching what’s going on with the trendy pot stocks lately? Holy crap. This reminds me now of 1999 more than it reminds me of the cryptocurrency bubble of this past winter — these larger marijuana companies, like many of the dot com companies (and unlike most cryptos, of course), are real businesses […]
A few purchases to talk to you about today, and a couple other notes as we go… mostly on the theme of risk and safety, as we close out a week with lots of news-driven volatility. Ready? Innovative Industrial Properties (IIPR) is, in some ways, a fun way to “play” the marijuana boom with less […]
Before you get sucked into reading more of my blather, take a moment and read the Wall Street Journal if you’ve got a copy nearby or an online subscription — not the whole thing, but read Christopher Mims’ column The World Isn’t as Bad as Your Wired Brain Tells You. It’s an unusually brief and […]
Today I’m doing something a little different — this ad from The Wealth Advisory about “The Only Pot Stock I Will Ever Own” has been getting a lot of attention from readers and driven a lot of questions our way, so here I’m re-posting for all readers a Friday File piece that I wrote about […]
Today we’ve got a bonanza of content for my favorite people (yes, that’s you!) — a couple quick teaser solutions to close out the week, which morphs right into one little transaction in my portfolio, and then an update on a few other things that are going on with Real Money Portfolio stocks. Ready? OK, […]
Hello, dear friends — I have a few portfolio updates to start with as I get you updated on a few trades that triggered since I last wrote, so adjustments to the portfolio (including a few buys and sells) will be the focus of today’s Friday File. The latest update to the Real Money Portfolio […]
This counts as a “holy crap!” week when it comes to earnings, not because of any huge reporting that moved the market but because of the surge by just one stock, our fad retailer Five Below (FIVE) after earnings on Wednesday night. FIVE is generally lumped into the “dollar store” category, it’s the teen-focused retailer […]
CoreSite (COR) announced their latest dividend increase this week, which I’ve been anticipating — would they continue to be a rapid dividend growth REIT and keep investors excited, or will the slowing of the dividend growth continue to make me more cautious about the valuation of this highflier? Well, it turns out that the dividend […]
The number of questions about this one is going off the charts, so I’ll look into it for you — even though it’s related to not one but two bubblicious sectors that are designed for the manipulation of investors, so I might get a little grumpy. Bear with me. Here’s a little tantalizer from the […]
This article was originally published on January 11, but the Casey folks are promoting these same five stocks quite similarly with the bait of their “Become a Marijuana Millionaire in 2018” report, focusing on the impending Canadian legalization this summer, so we’re re-posting our January article here to answer some reader questions. The five stocks […]
A few thoughts to share with you today, and I’m breaking it up into two different pieces — this first one includes a few updates on companies and a couple articles that caught my eye this week… and the second piece is my notes and reactions following the Grant’s Interest Rate Observer Conference, which I […]
What do I think? That’s what a lot of readers are asking during these volatile days… and there is, of course, no easy answer. My thoughts are all over the place, so today’s Friday File musings are going to run the gamut. Tesla (TSLA) is a good example of how the market is treating investors […]
And our Annual Review proceeds apace… on a day when the market is showing signs of actually having a meaningful correction, thanks to Friday jitters and inflation worries and rising interest rates… so cross your fingers for better prices in the week to come (I did buy a couple positions this week, but as I […]
I’m not going to get as much of a start on the Annual Review as I hoped today, since I took some time to answer the urgent queries about Dr. Kent Moors’ latest LNG pitch and also posted some thoughts about Facebook this morning … but I do have a couple updates on the portfolio, […]
Many Gumshoe readers wanted me to follow up on yesterday’s marijuana article right away, identifying the other two stocks hinted at in the ads for Nick Giambruno’s Crisis Investing… and we aim to please, so let’s jump right into it. If you missed part one, you can check that out here — the overriding argument […]
Comments
Now that tax loss selling season is almost over (especially lots of losses in cannabis sector) hopefully we will start s...
I bought April 2018 at $135. Down ~11%. Holding on....
Surprise! PharmaCann and MedMen called off their merger today. MedMen is retrenching and focusing on building their r...
I think you are spot on Travis.....seems McCall's teaser has been out for several to 6 months plus..... and Thinkolator...
Travis...what's the difference between IIPR and IIPR-PA? Their stock prices are dramatically different ($91 vs $29) bu...
Thanks Travis for the IIPR update, especially news of 1st time insider buying. I too bought a few more IIPR shares in ...
Likewise, late June sold IIPR my original investment $8k, so now playing with all profits $20.4k. August 15 sold all AC...
I am a small retail speculator; I own 21 Cannabis stocks; 13 U.S., 6 Canada, 2 International. Since April 2018 I invest...
Held CTST CannTrust twice, 4 months in 2018 April-August, and 5 weeks in 2019 March. BTW, read your recent trade selli...
Trade Note OK, finally the surge got to be too much for my portfolio management... Innovative In...
I feel that IIPR price has risen too rapidly, but then I've been watching it for months waiting on a pullback that never...
Hello New At This, the other 14 Cannabis stocks I own, 12 are U.S. and 2 International: U.S. ACRGF Acreage Holdings C...
...and thank the gods for IIPR. I'm a VERY small fish in this MKT. pond. I have had the most 'challenging' year of my li...
Learning so much from your contributions, thanks. Makes each buy less of a risk when you process varied opinions and res...
I think IIPR will tank big time if and when the Feds allow the big banks to make legal loans to marijuana growers. They...
Glad to hear your thoughts on TTD. I suppose I’ll hold. It’s going to be an interesting ride with TTD, iipr, and o...
Hi Eddy, I am a US cannabis buyer, bought MMNFF MedMen through broker Fidelity. Happy Investing, steveflick...
I think IIPR is the best MJ stock. If you think back to the gold rush, not a bad comparison to the MJ surge, the guys wh...
Forward dividend yield of 2% and dividend growth anticipated of at least 25% over the next couple years, so it's riskier...
New to group and discussion and I really liked what I was reading on IIPR but I just checked the price and it's in the $...
newcannabisventures.com has a free weekly newsletter. they do publish an American (U.S.) cannabis index that could give...
I am only headed to infrastructure plays. IIPR has made me some really nice gains. Headed back down again so I jumped ou...
I considered doing so recently and didn't find the price quite high enough for the calls to actually make the sale, but ...
Hi Travis What do you think of selling covered calls on IIPR? Thanks...
Well I just joined this great group and I own both IIPR and MMNNFF. I just want to say I have followed your leads. You...
Once again I think the Thinkolator is spot on with MMNFF MedMen solution to Carr's teaser. June 2018 I bought $2k & Oct...
Well Trav, I don’t like to admit it but I bought some IIPR only because you own it. Don’t worry it’s only 3% of o...
As an old codger, I am a bit dismayed by the growing use of weed, having through the years watched a few people close to...
I'm not confident on CROP based on their fundamentals and nebulous details. I also have IIPR, a far more grounded and so...
I just want to thank you on your IIPR recommendation a long time ago. Like you I am nearing 200% gain. You should rewrit...
Travis, for the hell of it I ran your IIPR through my indicators and want to congratulate you if you got in last spring....
Probably true, but it has more impact on future deals than on their current leases — thus the need to get more deals s...
Good article Travis. A couple questions re. IIPR. I sold prematurely when they announced their last round of financing...
Be really careful with those preferreds — I swapped out of the preferred and bought more common when it ticked up abov...
"plus some thoughts on IIPR..." I rather like the IIPR preferred shares. nice little uptick today, pays 9% ish and close...
Think I will stick with IIPR too. Thanks Travis...
I have been into IIPR and head , 4x...
any new thoughts on IIPR?...
That was a response to a question about Ligand, which I don’t own. IIPR is still a hold for me at this point....
What stock are you referring to? What are your thoughts on IIPR today? Hold? Sell?...
Travis, very informative article. Unfortunately, I sold my IIPR on the day they announced the debt offering. It was in...
Lots to think about this weekend: GSHD Goosehead insurance - I am about to review my semiannual auto and homeowners cov...
Just noticed that IIPR is above $77/share today. Any thoughts about taking some profits at these levels? You had noted...
I agree, IIPR had a great week, will probably close up $12 this week to $72.00+. I had originally bought in at $40 and t...
Just a quick comment on the question asked last week on why IIPR did a one-day price plunge. Thank you, Travis, for not ...
IIPR - thanks to SG article April, 2018, I invested $3k - it is up $136.74% including dividends ….. through mid Octobe...
If someday MJ is no longer a schedule I drug, it will open traditional banks to finance MJ operations right? I would thi...
I think you meant to make that last part about cloud computing a distinctively separate section, but it got mushed into ...
What is the difference between IIPR and IIPR-A?...
will IIPR marijuana REIT discussion be in The Friday File for Irregulars?, if so, Great!...
Trying to re-post my January 14th cannabis comment: Hi Hittman, Cannabis investing is very speculative, invest only wha...
Thanks for this review Travis. I'm long several of these stocks as well. The metals stocks have been a disappointment ...
Hello Sandra, I'm also following the MJ market and the ones I've invested in and have now made over 20% are; CGC-TLRY a...
Hi Hittman, Cannabis investing is very speculative, invest only what you can afford to lose...… I have read aprox. 15...
That's good, but in spite of the huge dividend from WPG REIT, I will stay with the Thinkolator and say no to these 3 r...
Hello Steve; I thank you for your advice , but IIPR is just to much money for me right now Sonny...
Hey Sonny, Catherine gives some good advice. I would suggest consider IIPR Innovative Industrial Properties, the only p...
I think guest Rick asked about KALY...
Thank you Thinkolator; no for me on CRXPF. IIPR - thanks to Travis writing April '18 I bought some IIPR and added some ...
I bought into this rubbish last year, it has not panned our, def not the 500% guarantee! IIPR has done well but I’m do...
I just wanted to thank you for your 'down to earth' approach. Regarding IIPR, have you ever ventured into Elliot Wave ...
I currently own some IIPR and have done pretty well so far. One pot opportunity that caught my attention though is symb...
I'm also curious about this sales pitch of the $1 pot stock. It sounds a bit like IIPR, but not for $1 !...
The rent is not determined by pot prices, it's contractual and generally these are 10-15 year triple net leases with esc...
IIPR rents converted warehouses retrofitted with environmental controls - heat, lights, humidity - cannabis growers are ...
Thanks for today's IIPR update Travis (still the 5th out here in Pacific Northwest!). 5 weeks since Oct. 31 post, and ...
Yes, that’s still my opinion. Could change if they surprise with the dividend announcement next week, but I expect we...
I bought into IIPR purely on the record of the CEO (Alan Gold). He made me money on BMR before Blackstone bought them up...
Travis, do you still think, then, that IIPR is only worth $45 or under? It's been in the high 40's, or low to mid 50's f...
We agree ! Hence IIPR is my one and only marijuana stock. Least risk + div income + potential growth. A no brainer....
Since investing in IIPR in October, 2017, I'm up 91%....
Good call on IIPR Travis. So glad we have your expertise to make knowledgeable decisions on your articles. Happy Thanksg...
In addition to IIPR, if there is only one cannabis stock to own, I would say Canopy Growth CGC. If you are interested i...
Bought $4k NVDA $164.44; should have read your article first and waited for it to fall to $150. Oh well, yes, I know I ...
As I mentioned elsewhere in comments, I was awaiting US company Acreage Holdings to go public; well, they have! Acreag...
That sounds like a ticker variation for the preferred shares, which my broker represents as IIPR/PA. Those are the top ...
Travis do you have any clarification on what iipr-a is I haven’t had any luck getting the same answer twice yet. Have ...
Once again I think the Thinkolator is spot on! I don't own any SHOP, but I saw your recommended IIPR had a nice gain ye...
Long $IIPR: $IIPR is up $3.29 (7.84%) today, partially on good earnings news, but I think it's also due to favorable men...
Me three !!! IIPR pays a dividend, has very low to almost zero capital outlay for maintenance, etc. and does not compete...
@ Charlet, I suggest becoming a Gumshoe Irregular. …… best under $100 I have spent on investment advice!! Happy Inv...
Upon reading a Gumshoe article in April, I invested in IIPR; I am now up 25.73% including dividends reinvested....
I have been an Irregular for year and half. Reading one of Travis' articles, in April 2018 IIPR was/is my first ventur...
I too am awaiting Acreage Holdings going public. @ Steven Raimondi, thanks for update date...…..interesting date 11-1...
I have 38 shares of AMZN; I had a 15% trailing stop loss that was triggered last week but did not sell...….after readi...
Indeed. Legal limbo and “grey area” is very good for IIPR. A majority of both parties favor medical marijuana, so ...
I think a possible concern hanging over IIPR at the moment (at least one person is thinking about it...me!), is that if ...
I've tried lots of different CBD oil. Like with everything else, there's a lot of bogus stuff out there. However, I hi...
The only honest answer I can give is Innovative Industrial Properties (IIPR), because it's the only "cannabis stock" I o...
are you asking about IIPR? the first two characters are capital i's, not l's. Name is Innovation Industrial Properties...
Hello Team Gumshoe, its about time I finallt p[ut my2cents in... I bought APHQF, HMLSF (dividend), IIPR (dividend), and ...
with a rose, I bought APHQF, HMLSF (dividend), IIPR (dividend), and MMNFF, and also AUY just because I like the yellow s...
Thanks for the mention of IIPR, that was not on my radar, and surprisingly up $2 today when virtually everyone else went...
That's the only one I own....
Who cares about a FOOL'S opinion ? My favorite weed stock BAR NON is IIPR. Very safe concept. Just bought a Michigan p...
Thank you for your thoughts on pot stocks. I have been reading and researching the companies long before everyone jumpe...
More pot sermonizing... Friday File: More Pot Sermonizing, a Portfolio Update, and some Hedging https://www.stockgums...
Thanks Travis for the pot stock sermonizing; it is spot on. I do own 13 pot stocks, including your mentioned IIPR; the...
I'm of the same opinion as jdodge46, playing this sector is cheaper than going to Vegas. I've traded in and out of pot s...