AdvisorShares Trust AdvisorShares Pure US Cannabis ETFArca
Description
⋅
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