Weekly Update: Manic Monday Email

Greetings Members,
Happy Manic Monday to you All. IPO market faces biggest week of 2019 so far with Pinterest, Zoom and Greenlane on tap. The market is bracing for its biggest week of the year so far with eight deals on tap expected to raise $2.5 billion in proceeds. In this group of IPO darling Pinterest will be the headliner with 75 million shares set to get the open market at a target range between $15-$17. Overall the stock market was down mostly as I right this weekly up, despite the fact that banking like Citigroup and Goldman posted better than expected first quarter results. All three averages were negative at the time.
Investment Strategy Update
As a remainder we have our mostly call tonight at 9pm eastern standard time. Click https://us04web.zoom.us/j/7773269903?pwd=Tjc3TTJwcnY3blR4a0lwcmMyL09jdz09 to start or join a scheduled Zoom meeting
In regards to our holding we are are currently down 1% overall in the portfolio. With our speculative choices Tilray(TLRY) down nearly 50%, It was painfully even to write that percentage. But as painfully as it is this was to be expected. It’s the cost of doing trades in the speculative sectors. And as I’ve said before the infancy of the cannabis is sure to cause large swings back and forth.

Potentially we might switch  severally cannabis stocks before we find the right one that fits our investment strategy and our appetite for risk. The two other potential I’m still considering to bring to the group is Canopy and Cronos are the leading contenders. I also might consider some of the other less known names but further research is definitely in progress. Please let me know if you have any question or any suggest in regards to the overall portfolio.


Communication 

In addition to these weekly emails I would also like all of our members to be more active in our slack groups. This group is not merely a passive experience but a think tank to share ideas and gain other perspectives. Please use the slack links below: 

Investment Club for Stocks: https://join.slack.com/t/tcinvestmentclub/shared_invite/enQtNTE2MjUxNzY5NzYyLWZjMGI0MzA2MTA4Y2IyMGM1NzU2NjBkZTlhNGY4YmY2ZmZmNGQ1ZmE4YTIwZWVkN2VhNTczMjk0MmRmNzY0YTI


Investment Club for Real Estate: https://join.slack.com/t/todd-acquisitions/shared_invite/enQtNTE0MjQwNzc4Mjk0LTQzMWMyOTkxMGE5YzAwZWQ4OTk4OTA4ZDRmMGEzNjk0NjBmN2IyODZlMTMwZmE0ZjBkODRjNDdlZGVjNzYyOTg


This is just the chat thread so you can stay abreast of what is going on.  You wont be actual RE Club members until you partner on a deal IF you decide to partner on a deal.


In Closing

Information from this weekly email is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for analysis  purposes only. Be sure to understand all risks involved with each strategy, before attempting to place any trade.

Per usual hope you all have a great and prosperous week and an even better investment week. Will talk to you soon!! 

Jamaal W Vetose 

President
Todd Capital Investments

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