 What's going on guys? It's Investing Hustler here and today I have a very special guest. I have RichTV live right here. So Rich why don't you introduce yourself? What's up guys? How you doing investing Hustler man? Listen this is your boy Rich here on behalf of RichTV live and yes that is me in the back. I was on Caribbean life in the Cayman Islands. HGTV it's true and yeah man we're just here to talk about the markets man you know we're always looking at the markets and you're always looking at the markets so let's talk markets. Yeah let's why don't you tell your tell the audience about yourself like how you got started how long how long ago did you start your YouTube journey investing etc. What do we need to know about you? Well I've been investing since I was 21. I started by investing in Nortel Networks through a financial advisor lost all my money decided at that point in time I'm not going to use a financial advisor ever again and I decided trading myself I started investing in real estate which I've done very well with real estate I invested in stocks and recently I've been getting into cryptocurrencies and I started my YouTube channel in December of 2016 so I am almost two years now on YouTube and started talking about cannabis stocks in January of 2017 and I started first talking about canopy growth Aurora cannabis Aphria organogram in 2017 those are four of my first four picks and then I talked about the HMMJ ETF I was the first to talk about that and I formulated the FAT5 which kind of is legendary because all of them have gone up hundreds if not thousands of percent and yeah the rest is history man the rest is history all right so I have a couple questions to ask you so the first question is what do you think's going on with the market any reasons why you think the marijuana sector has been declining since legalization yeah I think that if you look at the charts you'll see that everything has been a steady climb and I predicted that there would be a crash and a correction like there was last year last year it happened in January January 9th 2018 was the crash this year actually but it was kind of like at the end of last year of the run so this year I was predicting it was gonna happen around December 25th to January 9th again so far it looks as though it's happened early it looks as though we've had it pretty much the first couple days before legalization and then legalization day we've had an epic crash we've seen everything decline like 20 30 40 percent some things even more so if you look at canopy growth you will still see it's up dramatically this year if you look at Aurora cannabis it's still up we look at Aphria it's still up they're all up so what do I believe is gonna happen I think they can go lower I do I believe they can go lower especially the bigger ones some of the smaller LPs like Oxley for example like Vivo like the green organic Dutchman they're all at 52 week lows pretty much and they're back to their IPO level so I've been buying some of these because I believe they're at the bottom and they can't really go much lower so I believe they're going to go up and I believe we're gonna have a resurrection here pretty soon that's my opinion so do you think the smaller caps will go back up and the larger caps might continue to decline or that's kind of what I'm thinking because if I look at the green organic Dutchman they're at a 52 week low they're at their IPO level who's going to sell lower than what they got in except for the people that want to panic sell and the green organic Dutchman is $355 million dollars in the bank you okay that I just jumped on water it's all good it's all good so yeah so the green organic Dutchman has $355 million dollars in the bank so I mean to me follow the money $355 million dollars in the bank tells me that they got money to go and acquire their growth so I believe that they're at a bottom and I believe they will go up but I think some of the higher LPs I'm worried about companies like Tilray companies like Kennedy growth even companies like Aurora they've all had a big run since August if you look at their charts they've all been up since August I believe they can decline I also believe they could go back up so you know it's it's hard to tell I am investing I have been buying huge I have been buying Alifia health I've been buying the green organic Dutchman I've been buying canopy rivers and Astralis capital so I bought those five this week and we're gonna see what happens I believe they're gonna go up but small caps so yeah I'm not looking to buy Tilray at $100 you know I'm not looking to buy canopy growth I've already bought those I'm not looking to buy even Aurora like I bought Aurora much lower I sold it at 13 everybody in my community knows they sold at 13 so right now that looks like a smart move obviously so if it goes back down to five I'll definitely load up again so won't be buying Aurora unless it goes to five it was at five in August so yeah like I want to see how low goes I got an appetite to buy things in the red and buy them low I think it could go lower we'll see I hope it goes up I do but I don't know I don't know like I don't control the markets guys yeah they're so unpredictable the volatility is what I love about them I love the fact that there's volatility that's what makes us rich we've got to learn how to buy in the red cell in the green yeah as long as you're not a bag holder you can work use volatility to your favor so so moving on to the next question so usually there's a stock market crash every 10 years and what do you think about this year are we overdue for market crash within the next couple years why or why not I think it's already happening it's already happening this is it yeah I think it's obvious I TSX is at yearly low the Dow's back to the yearly low the S&P 500 is back to the yearly low the NASDAQ is back to the yearly low like everything's going down so we've had a huge explosion in the markets Donald Trump has come into power and it's been huge for the markets and ever since he's come into power since November of last year and the markets have been exploding the cannabis markets have been exploding the tech sector has been exploding everything up so yeah we're we're in it we're in it right now I think it's obvious I mean everything is down yeah and how does rich TV live prepare prepare for a market crash well when they're crying I'm buying so I'm gonna keep buying you know like for me I like to buy what things are in a crash so for me these are the opportunities that we wait for I'm gonna continue to buy and yeah I'm gonna be buying real estate if markets crash here in Canada we buy real estate and as long as the markets are high I will be selling won't be buying I'm selling and yeah and when they're down I'll be buying that's what I do that strategy you can't lose yeah I mean that's that's just I've been waiting for this and even in the housing sector in Canada it's ridiculous so yeah I'm looking to be selling assets right now and you know I believe that there will be a correction there has to be so you know corrections are cyclical like you said and 2007 2008 well or 2018 so like you said we're both do I think it's happening happening so you think it could continue to get worse or you think we've seen like the worst of it already I think it can continue to get worse all right that doesn't sound too good but you heard it here first rich TV live like I said I hope it doesn't yeah I don't want it to but I believe it can because there's a lot of fear right now and we're going into Christmas people are scared they're going to pull their money out because they need money for Christmas I mean it's just simple basic like fundamentals of like investing you know like investors they've had right and when you go into Christmas two things are gonna happen either gonna go upwards gonna go down and right now all things are going down so well last Christmas all these talks to clients so we might see the same thing again this year exactly you know so so would you recommend people to just hold on to their stocks or are we even allowed to recommend that because we're not private on well remember which to be live is strictly for education entertainment purposes we're not licensed advisors always do your due diligence always do your research before you invest in anything that we talk now I do not like to sell for an L the only time I'll ever sell for L is if I really need the money so let's say I have 10 stocks and I need the money and I don't really want to sell for an L but I have to I'll sell like 10% of 10 different stocks that's the way I'll do it I'll just sell a little bit here a little bit there if I need the money I don't like to sell for an L I'd rather wait buy low sell high be patient and buy in the red sell in the green because eventually these stocks are very forgiving and if you look at their history they go down and they go up and they go down and they go up and they go down and they go up and they're very forgiving so show me a stock like look at canopy growth chart I mean it hasn't gone down over the last two to three years just gone up look at Aurora cannabis chart over the last two three years it's just gone up look at I am this is chart over the last two three years it's just gone up I mean there's quite a lot of success stories in this industry till raise another example of that it is only gone up yeah it's come back down from 300 from 200 but you have to think it was gonna come back down yeah started 20 bucks so you gotta be when you're investing you gotta think about protecting your money and I'd rather buy the cheaper LPs cuz I'm in the long game here cuz I'm in the industry we're in the game we're not just investing in these stocks we're working with these companies we're in the CBD game we're in the hip game where you know we're in the cannabis sector if you want to work with the license LP we got license LPs you can work with the license LP we got license LPs that we're working with globally so yeah you know we're doing you know I'm not just in the short game to just day trade these stocks and be done with them I want to be a part of this game for a long time for the next 20 years that's good man so speaking of small cap stocks or small cap zero so speaking of these stocks so what are your top three stocks that you're looking at for the next month for the month of November your top three stocks whether it's marijuana attack or whatever it is teagod the green organic Dutchman which I just bought Suniva I haven't bought it yet but I really want to buy it it's only got 36 million shares issue an outstanding which is really tight they're the canopy of California currently trading at four dollars and 80 cents been as high as 17 I think that's gonna it's gonna explode I gotta pick up some this week teagod got 355 million in the bank it's around a 52 week low back to its IPO levels I love it and canopy rivers it's canopy 2.0 yeah if you missed out on canopy the first time I just bought myself a thousand shares I see that baby one day going to you know 50 bucks if it goes to 50 bucks you know canopies got the blueprints why can't they do the same thing with canopy rivers if they take that the 50 bucks one day my four thousand dollar investment will be worth 50 G's I'll do that all day long why not all day long so you mentioned two other companies besides teagod what were they again Suniva the Neva what's what's their ticker symbol and can you tell me a bit about those companies about this company yeah SNN vf Suniva in America SNN in Canada they've only got 36 million shares issue an outstanding they are considered the canopy of California they're in Canada and in Cali I just think it's going to explode so I love it and I've been watching it already made money on it it's near the bottom so yeah I'm watching Suniva it's fully on full alert for me so Suniva green organic Dutchman and canopy rivers RIV in Canada I think it's just a beast and I think it has so much potential and I love so yeah I follow the money and canopy growth has been a huge success canopy rivers will be a huge success all right you're already here first true and T go what's their market cap right now do you know I think it's a is it still in the billions it's still one billion or is it below that it's around there it's around there because they got about 200 million shares and their price that 480 so it's right around a billion yeah one billion dollar market cap for T gods over value it's still or do you think that's a that's a good price for T god they got 355 million in the bank man that's a lot of money and then what how they get that from sales or well no just selling stock okay right so I invest into T God as well but right now I'm sitting in a loss I'm probably gonna start averaging down as we'll see how little T God goes but yeah yeah I think the T gods a safe bet right now at these prices I really I think it's a safe bet right now these prices to me it's a safe haven it's a really good company I think that they're gonna do some big things globally they're they're focused globally and you know companies that are focused globally that reminds me of canopy growth reminds me of Aurora cannabis and T gods been under some selling pressure from Aurora cannabis I think they're gonna be fine I think they're gonna do very well yeah I think that's the main reason why T gods been declining like crazy mostly because Aurora decided to back out of their deal hey well Aurora smart they bought they bought the stock in the red and they sold in the green right they're buying when the company was pre IPO and they're selling for a profit isn't that what every investor does they're showing their shareholders revenue by doing that no that was definitely a good move for Aurora so okay so how about some predictions let's do some short-term predictions what do you think's gonna happen within the next next week we're gonna see a green week a red week obviously you don't know on those but what's your prediction gonna be for next week and then we'll do some long-term predictions after that man I'm hoping for a green week it's been we've been getting brutally like destroyed so I'm hoping for a green week to be honest with you selfishly I think it might go down more just because the market's so beaten down but and it's the end of the month so there's not a lot of good signs there but you know I'm gonna be positive guy always so I'm gonna predict it's gonna be great so if it's green you're gonna be selling and if it's red you're gonna be buying yes or not yes because I was buying on Friday in the red so I will be publicly selling all of those positions if they go green absolutely absolutely and if you're selling you're gonna announce that all on your viewers will get to see yes that's a good reason to subscribe to rich TV live yes I like to try to show people my in and out my strategies and show them my in and out of trades so they can see exactly how I get in and get out of trades have no motion take the money and run and I think that I've got five good positions on Friday that can all go up and they were ready up on Friday but only about three and a half percent my Alifia and huge positions were up about three and a half percent so I was a little three hundred four hundred dollars for the day I didn't take it they finished kind of even then I bought those other three position positions canopy rivers Stralis and teagot so I think all five are gonna be in the green this week and I think I'll be happy to turn I think I'll be happy to turn a couple grand off those five investments this week and show people how I did it right so we'll see but that's kind of my strategy and then from there I'm gonna be looking to turn some of those profits into Geneva because I think Geneva can easily go to ten dollars and what what are they are right now what's their stuff sure was that four dollars and eighty cents last time I look so you'd be more than doubling your money and how about some long-term predictions 2019 2010 what do you think is gonna happen with the Marijuana Center mostly Aurora what do you think will happen with Aurora people love to hear about Aurora I think Aurora cannabis is always been my number one so I think Aurora is gonna just keep growing keep being the monster that they are I fully intend to see Aurora consistently grow their revenue which they have quarter over quarter so yeah I fully see Aurora just continuously growing I see just a wild guess share prices what do you think they're gonna be at I think they're gonna break their 52 week highs yeah yeah absolutely you know it goes like this but eventually it just goes like this so you'll see it's traded at $15 this year came back down five then it just recently went back to 15 now we're back to nine Aurora does that so if it goes back down to five load up and watch it go back up to 15 again I mean that's just the game man that's why I love this industry the volatility I love the volatility you just got to learn to jump in and learn when to get off the bank holders they get burned why would you hold bags look at the charts look at the charts yeah well a lot of people are long-term for for the marijuana sector so I guess that's why they're holding on yeah I mean look at the charts the charts say that if you look long-term you will win yeah so why would you short-term trade these stocks if you don't have to I'm short-term trading these stocks because of my show that's the only reason why I'm short term trade otherwise I don't short-term trade I just sit on them but I'm just doing it for entertainment purposes straight up yeah well you're as long as you're making money it's working and I can show people how to make money and I can show them how to do it within a few days right I don't really day trade but I'll do it for the platform I'll do it to educate the public I'll do it to show people how to do it because it's not hard to do it but you know I I would rather not because I'd rather be chilling on the beach you know selling you know CBD's and hemp products with one of my license LPs and talking about stocks and and just taking the long-term route because I believe in a lot of these companies long-term and I believe that with our community and the power of the people we will find the winners and we'll find them at the bottom and we'll be able to sell them at the top and just rinse repeat rinse repeat just like I did with Aurora cannabis I sold them at $13 and now they're at night and I did that publicly that's good well the best thing also about that is you can do it from anywhere you could do it from home you could go on vacation bring your laptop with you be day trading and making money anywhere in the world the laptop lifestyle buddy the laptop lifestyle amazing how long is this recording been we'll cut this out how long have we been recording for we've been recording for too long let's end it right here yeah that's what I'm saying so if you want you could end it maybe let people know how they can contact you email you got a YouTube Instagram let them know follow me everywhere go to www.richtvlive.com subscribe if you're not winning you're not watching this is your boy Rich with Investing Hustler we're out peace also don't forget to follow me investing hustler I got a YouTube I got an Instagram and also I got a Gmail investing hustler at gmail.com if you enjoyed this video don't forget to give us a thumbs up and don't forget to subscribe to us guys we'll see you guys next time and this was a very fun interview hopefully we'll be doing this again rich where am I friend all right have a good one guys hopefully a green week next week