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Any thoughts on this move?
I’ve been watching hmmj for a long time. It seems to be such a dog. Why? Is it the fund or the sector?
In the time the broad market has doubled this has gone tangibly down. Is this a huge buying opportunity? If so why?
well it hit the price target now!
Very cyclical stock!
I am very interested to see if MJ can hold $9.60
Well, you've excluded death in your analysis lol, but I concur, buying MJ ETF is alot like buying bell in the 70's and 80's.
Can't go wrong in the long run imo.
At these prices ??
Take advantage of World events they are put in place for a reason, "unexpected" corrections are what moves wealth around.
Wish I had a deeper account for this drop
Wait for it. The MJ sector has little meat on the bone.
It just like you or I "hitting bottom."
No place to go but up.
A Chronology of HMMJ, etc.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150900909
10 days later : Size of Arrows indicated opinion
Note the date(s) in the upper right hand corner of each chart :
We gave up on the $14 Level (holding) as soon as these lines failed ......Published my $1200 dollar loss
Next day :
Reaction to Canopys' numbers........aka The Great Day of Reckoning :
Well.....
3 days away from another WEED earnings release :
February 25th (4 trading days ago)......
Meanwhile that whole time :
3 months ago :
3 months later......... (the beginning of The Great Corona Scourge).....
And THIS is the high-intensity action which struck - just as soon as the Nikkei's 24,000 failed....... The S&P 500 Index :
Nice to see the MJ sector waking up
GLTA
HMMJ
Is the sector waking up?
GLTA
What do you think would be the dividend yield if this ended up being a 100 dollar stock?
Just 3 (4) days later......Now at 10.63 (= low)
Them Puts are banking coin !
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151556387
Friday October 4th : HMMJ at 12.00 ?
Friday October 4th : HMMJ at 12.00 ?
November 15ths'' expiry
Versus zero Calls
I noticed a similar thing up at 14
Question is : CAN this $12 buck level hold (Could that 11 have been the low)
In the light of this new word ?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151544993
Since that sounds pretty bad
Horizons ETFs Rebalances Marijuana-Focused Index ETF Suite
https://ih.advfn.com/stock-market/TSX/HMMJ/stock-news/80818499/horizons-etfs-rebalances-marijuana-focused-index-e
Next day - September 26th = Markets' NON-Reaction to Safe Banking Act passing
26th was also the last day for the dividend (trw = ex)
Closed unch 13.08
Will be interesting to see if trw it opens accordingly (down 2pct)
https://ih.advfn.com/stock-market/TSX/HMMJ/stock-news/80784168/horizons-etfs-announces-september-2019-distributio
Horizons Marijuana Life Sciences Index ETF(3)
HMMJ
$0.26848
7.76%
Quarterly
Precisely as hoped for (anticipated) perhaps.....
An upspike thru The Blue (to confirm upwards bias) followed by a healthy pullback (entry opport.)
Too busy charting it all though to actually ACT on it !
Unless I get acting right NOW !
We shall see !
Currently re-testing th lows of the day 14.85
The bid on the 14's has come down to .95 - The ask still remains at 1.10 (might try bid 1.00)
Sundial joins the Horizons Marijuana Life Sciences Index ETF
https://ih.advfn.com/stock-market/TSX/HMMJ/stock-news/80609329/sundial-joins-the-horizons-marijuana-life-sciences
Until one begins to look around.....
One begins to detect a few common "features"....Note The Small Black Ovals in each.
No Oval drawn here but....
Up 13 % in the final 3 hours....(because IT HAD ATTAINED its' small oval equivalent)
So, unless we go entering a full broad market meltdown (which, don't get me wrong, is a very distinct possibility).....
Most pot stocks have (finally) gotten very close to their bottoms !.....
The Alternative just ISN'T a desirable outcome !
We're probably headed towards negative interest rates and an equities market which looks like Argentinas'.....
This must not happen (they simply won't let it).....
But......(just in case) ;
Keep a close eye on JP Mprgans $ 110 Level.....Currently (dangerously) trading at $ 107
Into weeds and out of golds......Depending on Jerome Powell (today).....
Whom, will almost certainly continue extraordinarily "accommodative".
That's a nice yield - just gotta hold it for 2 mos......Plus could see some capital gains.....Ya' figure ?
HIKING rates ?
Sicko freaking world we live in
Negative Interest rates.....Will we come down to that ?
Boy....Sure seems like they've got some obscure names in there (never realized that)
Anyways.....would just like to store some of this info (here).
9 sessions later ;
9 sessions ago could've bought (puts) at 1.15 and sold them (today) at the bid of 1.45
Resulting in a 26 % return
hmmmmmmmm
Alternatively also - One can SEE how the calls have done !
Yikes - What if one'd purchased some Calls back then (at .80) ?
The Bid on them now is just .30 !
I THINK I see that thing coming down to $ 16
So, perhaps there's still room to make money using puts.
Would (i'm guessing) result in around a 20 % return
Wonder if that's worth the risk....
Once it hits $ 16 the Aug $18 buck calls, would probably be asking around a dime
HORIZONS HMMJ HOLDINGS AS OF 12/07/19
CBDMD INC . 0.18%
CORBUS PHARMACEUTICALS HOLDING . 0.61%
GW PHARMACEUTICALS PLC . 8.33%
INNOVATIVE INDUSTRIAL PROPERTI . 1.50%
PYXUS INTERNATIONAL INC . 0.26%
SCOTTS MIRACLE-GRO CO/THE . 5.56%
TILRAY INC . 9.80%
22ND CENTURY GROUP INC . 0.39%
YOUNGEVITY INTERNATIONAL INC . 0.18%
ZYNERBA PHARMACEUTICALS INC . 0.48%
INTEC PHARMA LTD . 0.20%
ENWAVE CORP . 0.20%
ABATTIS BIOCEUTICALS CORP . 0.10%
HARVEST ONE CANNABIS INC . 0.27%
CHOOM HOLDINGS INC . 0.22%
JAMES E WAGNER CULTIVATION . 0.14%
VILLAGE FARMS INTL INC . 1.42%
FSD PHARMA INC CL B SUBORDINATE VTG 0.56%
VALENS GROWORKS CORP . 0.53%
TETRA BIO-PHARMA INC . 0.09%
HEMPCO FOOD AND FIBER INC . 0.16%
EVE & CO INC . 0.22%
NATIONAL ACCESS CANNABIS CORP . 0.18%
KHIRON LIFE SCIENCES CORP . 0.38%
AUXLY CANNABIS GROUP INC . 1.13%
WEEDMD INC . 0.40%
ALEAFIA HEALTH INC . 0.80%
SPROUTLY CANADA INC . 0.13%
CRONOS GROUP INC . 9.49%
ICC INTL CANNABIS CORP NEW . 0.14%
CANOPY RIVERS INC CL A SUB VTG 0.68%
DELTA 9 CANNABIS INC . 0.29%
HERITAGE CANNABIS HOLDINGS . 0.47%
SUPREME CANNABIS CO INC THE NEW 1.01%
48NORTH CANNABIS CORP . 0.30%
INVICTUS MD STRATEGIES CORP NO PAR 0.15%
FLOWR CORP NEW . 1.00%
GREEN ORGANIC DUTCHMAN HLDGS . 2.55%
VIVO CANNABIS INC . 0.44%
MEDIPHARM LABS CORP . 1.15%
NEPTUNE WELLNESS SOLUTIONS INC . 1.24%
CHARLOTTES WEB HOLDINGS INC . 4.39%
HEXO CORP . 4.31%
ABACUS HEALTH PRODUCTS INC SUB VTG 0.10%
AGRAFLORA ORGANICS INTL INC . 0.26%
WESTLEAF INC . 0.11%
PHARMACIELO LTD NEW . 0.98%
CARDIOL THERAPEUTICS INC CL A 0.10%
CANNARA BIOTECH INC . 0.17%
ZENABIS GLOBAL INC . 0.58%
WAYLAND GROUP CORP . 0.30%
RADIENT TECHNOLOGIES INC . 0.29%
ORGANIGRAM HOLDINGS INC . 3.03%
INMED PHARMACEUTICALS INC . 0.09%
APHRIA INC . 6.08%
AURORA CANNABIS INC . 10.47%
THC BIOMED INTL LTD . 0.05%
EMERALD HEALTH THERAPEUTICS . 0.81%
CANOPY GROWTH CORP . 11.09%
BELEAVE INC . 0.03%
CANNTRUST HOLDINGS INC . 1.07%
NAMASTE TECHNOLOGIES INC . 0.23%
GTEC HOLDINGS LTD . 0.11%
LEXARIA BIOSCIENCE CORP PAR$.001 0.22%