$MSOS +20% in 2 days after >50% decline
sentiment turning quickly from tax-loss harvesting to chasing upside exposure w/ news: Republican-Led Bill To Legalize And Tax Marijuana Emerges As Alternative To Democratic Measures
highest volume day ever for $MSOS today with 3.22 million shares traded vs an average of 1.08 million (NYSE listed US MSOs ETF)
+10% today after +10% on friday
high growth, low valuations, and an abundance of regulatory risks
per Todd, my fav Twitter follow for US MSOs color, cust bought 2k 20jan23 $60 calls, paid 2.80 (10,800 of open interest)
lots of room to run, but will stay volatile with likely pullbacks along the way..
manage your risk.
*Note: I had issues w/ originally attaching images due to bad airplane WIFI, so edited the memo to add
Republican-Led Bill To Legalize And Tax Marijuana Emerges As Alternative To Democratic Measures - M...
A new Republican-led congressional marijuana legalization bill is imminent, Marijuana Moment has learned. The measure is being framed by advocates as a compromise between simple descheduling as propo...