Horizon's Medical Marijuana
HMMJ-T
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Short selling: He has not done much short selling in this space. He tends to be long. If he was going to do it, this would be the vehicle to do it with. There would not be any M&A risk.
Short selling: He has not done much short selling in this space. He tends to be long. If he was going to do it, this would be the vehicle to do it with. There would not be any M&A risk.
It is been a ridiculously volatile space. The whole sector is very expensive. Very early inning of the industry. This is a decent way to dip your toe in the sector. Volatile above and beyond what normal equity markets are.
It is been a ridiculously volatile space. The whole sector is very expensive. Very early inning of the industry. This is a decent way to dip your toe in the sector. Volatile above and beyond what normal equity markets are.
It is a great play on the space. He noticed that in the last few months there has been a lack of new capital going into it so people must be trying to pick a winner. He cautions that the space is going to be very volatile over the next 6 months.
It is a great play on the space. He noticed that in the last few months there has been a lack of new capital going into it so people must be trying to pick a winner. He cautions that the space is going to be very volatile over the next 6 months.
He is into macro trends and themes. So, this doesn’t fit his strategy. But he thinks it is a good ETF. It pays a dividend because it lends shares he thinks.
He is into macro trends and themes. So, this doesn’t fit his strategy. But he thinks it is a good ETF. It pays a dividend because it lends shares he thinks.
Marijuana. The ETF gives you the basket of securities. When you go into an area that is new, you are never going to buy these stocks cheap. We had high momentum and now it seems to have broken down. You have to manage risk carefully. Have a stop loss.
Marijuana. The ETF gives you the basket of securities. When you go into an area that is new, you are never going to buy these stocks cheap. We had high momentum and now it seems to have broken down. You have to manage risk carefully. Have a stop loss.
Good time to get in? His firm uses only ETFs. This is an example of where ETFs are not the way to go on themes. All the enthusiasm about marijuana is already baked in, so could sell off once it’s legal. Canopy Growth is the Phillip Morris of marijuana. Why pay the premium of the ETF, just buy Canopy Growth.
Good time to get in? His firm uses only ETFs. This is an example of where ETFs are not the way to go on themes. All the enthusiasm about marijuana is already baked in, so could sell off once it’s legal. Canopy Growth is the Phillip Morris of marijuana. Why pay the premium of the ETF, just buy Canopy Growth.
Right now he does not want exposure. He does not like the risk of the sector. We need to see this commodity legitimized. HMMJ-T is a speculation, not an investment. After the next recession, companies with no earnings get obliterated.
Right now he does not want exposure. He does not like the risk of the sector. We need to see this commodity legitimized. HMMJ-T is a speculation, not an investment. After the next recession, companies with no earnings get obliterated.
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