sonidofranko

"Man who smokes weed on toilet, is man high on pot" - Confucius

Long
sonidofranko Updated   
AMEX:MSOS   AdvisorShares Trust AdvisorShares Pure US Cannabis ETF
I still believe that marijuana was way funner to smoke
when it was illegal and frowned upon. At my age now, I hate
the stuff - to strong/don't like the way it makes me feel. LSD BABY!

Despite all that, I am closely watching MSOS. Three things:

1. SAFE Banking Act will make this pop. Our do-nothing senate
reconvenes in Sept.
2. Just read an article about a former FDA official who believes
that marijuana will be legal in US before the calendar year ends.
3. Has hit the $5.06 to $5.11 bottom multiple times in the last
three months.
4. Jeff Spicoli.
5. I smoked so much marijuana when I was younger, that I forgot
how to count.

Will slowly be adding the following:

$6.00 Oct 20th & Jan 19th calls
$7 Jan 19th Calls
GLTA


Trade active:
Purchased the Oct 20th $6 calls today near daily lows - already up 7%. I'll sell or roll on any positive canibis news. Will unload if stock dips below $5. Which I hope doesn't happen. The $5.05 low has been hit twice and the $5.11 low has been hit 4 times in the last 3-4 months with a bounce. This can break down on any negative news. Lotto ticket play. GLTA
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