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

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AdvisorShares Pure US Cannabis ETF > US MSOS ETF today

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Post by Bullknit101 on Jan 11, 2021 6:55pm

US MSOS ETF today

Well, I bought this today. One forecast by Dr. James V. Baker is that the US MSOS ETF Asset Under Management - estimated at $400M now will hit $1B within 6 months. Given the trajectory, this will hit $1B in less than 3 months. I'll take an easy double anyday. Would not be surprised if it reaches $5B within 3 years. That would an easy 10 bagger.

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Comment by JesseB on Jan 16, 2021 4:42pm

I don't think you understand the relationship between AUM and NAV. AUM can triple and NAV stay the same. It's the valuation of the underlying assets that will control the direction MSOS evolves.

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Comment by Bullknit101 on Jan 19, 2021 12:17pm

Thanks for the clarification. I'll read up more on AUM and NAV. Hopefully this ETF will continue to edge higher. https://seekingalpha.com/article/4399575-buy-cannabis-etfs-on-biden-inauguration

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AdvisorShares Pure US Cannabis ETF