IIPR Ebb and flow?
Updated
Kinda drafting this idea. Might expand on it.
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MJ ETF at the bottom but still needs time to turn. LOST A TON in the last 5 days. LIKE 20%. VERY good price for this but A LOT of MJ stocks are at CRAZY discounts. TLRY CGC CRON NEPT! This has not fallen like them.
... Is money shifting from ETF back to individual names.... Most names seem to be turning a corner at the bottom MAYBE. Not confirmed yet.
WATCH THIS MONDAY for oversold bounce REGARDLESS, but be ready for even LOWER. It can always go lower.
This could be an ebb and flow thing. The ETF goes higher while individual names fall then it changes back. No holding this but maybe short after a bounce if individual names continue up.
Does have a dividend.
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MJ ETF at the bottom but still needs time to turn. LOST A TON in the last 5 days. LIKE 20%. VERY good price for this but A LOT of MJ stocks are at CRAZY discounts. TLRY CGC CRON NEPT! This has not fallen like them.
... Is money shifting from ETF back to individual names.... Most names seem to be turning a corner at the bottom MAYBE. Not confirmed yet.
WATCH THIS MONDAY for oversold bounce REGARDLESS, but be ready for even LOWER. It can always go lower.
This could be an ebb and flow thing. The ETF goes higher while individual names fall then it changes back. No holding this but maybe short after a bounce if individual names continue up.
Does have a dividend.
Note
Wow that is accurateTrade closed: target reached
This was silly accurate lol.
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