Reefer Madness? Marijuana ETF (POTX) Declines To $19.52 After Price Spike To $28.61

by confoundedinterest17

POTX, the ETF for marijuana, had hit $28.61 a few days ago. But has cooled to $19.52 today.

It seems the POTX sees most of its trading at opening bell. Seems like Reddit readers.

READ  After much research I decided to try my first Options trade and immediately lost money because I am an idiot (lessons learned)

One of the major marijuana companies Tilray has been feeble EPS.

READ  Bernie Throws a Fit After Senate Parliamentarian Blocks His Socialist Proposal

Tilray is now the leader in short interest.

POTX is exhibiting the familiar “Stoner Smile” also known as skew.




Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.