Check out this headline:
I don’t know what this guy is smoking, but I want some!
Don’t get me wrong.
I’m not a Tesla basher.
In fact, I recommended the stock when it first went public — back when you could get it for $40 a share. At its height, Tesla was trading in excess of $389 a share. That’s a gain of 872%.
I also love the product and have my own Tesla on order right now.
Say what you want about Elon Musk, but that cocky South African knows how to make an incredible car.
But Tesla at $4,000 a share? In five years?
Give me a f***ing break.
Not only is that ridiculous, but it’s irresponsible to suggest such a thing.
Of course, what do I know? After all, I predicted a 1,000% gain on a little pot stock just three years ago, and I was way off!
No Big Deal, Just a 4,571% Gain
About three years ago, I recommended a stock called Canopy Growth Corporation (TSX: WEED) to members of my Green Chip Stocks community. That’s when you could buy it for $1.60 a share.
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This week, WEED hit a new high of $74.75.
Folks, that’s a gain of 4,571%.
To put that in perspective, a $50,000 investment in Canopy Growth Corporation back when I recommended it is now worth in excess of $2.3 million.
You can buy a small island for that kind of scratch!
But I’m not suggesting such a thing. Moreover, I’m also not suggesting that you’ll ever have an opportunity to make a 4,000% gain on a pot stock again.
Nope, that ship has sailed. And as much as I’d like to tempt you with such an opportunity, to do so would be dishonest. But that doesn’t mean you still can’t get stinking rich in the legal cannabis space.
The Truth is in the Numbers
If you’re a regular reader of these pages, you know I’m a huge fan of the S-50 algorithm.
This is the algorithm I developed that led me to my initial recommendation of Canopy Growth Corporation. You know, the stock that delivered gains in excess of 4,000%. 🙂
It also led me to a 1,158% gain on Aphria, Inc. (TSX: APH) and a 1,520% gain on OrganiGram (TSX-V: OGI).
While I know some folks expect me to peacock around as if I’m some all-knowing oracle, the truth is, every double-, triple-, and quadruple-digit gain I’ve ever delivered has been the result of this algorithm. And as I’ve said in the past, this isn’t some huge secret. In fact, you can read all about how the S-50 works right here.
The bottom line is this: While there are plenty of analysts out there making big claims, such as Tesla being worth $4,000 a share, few ever deliver the gains to back up their outrageous headlines. But I do, thanks to the S-50 algorithm. And I have the numbers to prove it. Just click here and see for yourself.
Or, if you just want to get straight to the meat and potatoes and get in on my next big winner, which I just recommended two days ago, click here now.
To a new way of life and a new generation of wealth…
Jeff Siegel
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@JeffSiegel on TwitterJeff is an editor of Energy and Capital as well as a contributing analyst for New World Assets.
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