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AdvisorShares Pure Cannabis ETF C.YOLO


Primary Symbol: YOLO

The investment seeks longterm capital appreciation. The fund is an actively managed exchangetraded fund 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 and in derivatives or other instruments that have economic characteristics similar to such securities. It is nondiversified. The fund is an actively managed exchange-traded fund (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 and in derivatives or other instruments that have economic characteristics similar to such securities. It is non-diversified.


ARCA:YOLO - Post by User

AdvisorShares Pure Cannabis ETF > How much is this company really worth
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Post by ryang999on Feb 02, 2019 9:11pm
199 Views
Post# 29311104

How much is this company really worth

How much is this company really worthThat is the real question. The ticker POT alone does not increase any real value. Anyone who thinks the ticker alone will justify the 134% jump in its share price is absurd. Now whether or not the 134% increase in the share price on Friday was due to the change of the ticker is unclear. Maybe the company was extremely undervalued and the change of its ticker made people aware of this undervalued stock. I hope this was the reason for jump in share price. If it is not, then we will see the share price come down on Monday.
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