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Bullboard - Stock Discussion Forum AdvisorShares Pure US Cannabis ETF MSOS

The investment seeks long-term capital appreciation. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the marijuana and hemp business in the United States and in... see more

ARCA:MSOS - Post Discussion

AdvisorShares Pure US Cannabis ETF > Short Atttack Sell
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Post by Bullknit101 on Mar 30, 2021 8:41pm

Short Atttack Sell

Well, we broke the $40 mark so I think this what they a held and shoulders breakdown. Could go all the way down to $25 despite all the good news (NY etc..). I had to sell my position to avoid further losses. Not sure who manage to pull this off but probably some big hedge funds shorting and making a killing. Doesn't make much sense at all. At least I have my other positions Curaleaf, Trulieve, Vireo, Inmed...
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AdvisorShares Pure US Cannabis ETF