Wednesday, October 16, 2019 12:02:22 AM
Yolo has quite a few interesting holdings... I find it the most compelling cannabis ETF by far.
The massively beaten down sector is absolutely due for a rebound - many of the top YOLO holdings should find prices higher than today over the next months. The question remains, will the winners far outweigh the losers... definitely some losers on this ETF - but thats ETF par for course.
Finding a bottom here would leave plenty of upside.
I think YOLO may finally bottom - the "losers" are set to flatten out as valuations are approaching reason and attract more buyers, the "winners" are set to bring tremendous gains (USA Cannabis).
Either way, I've got a small speculative bet on it - doubled down today.
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