Hey everyone, tried to make this post in r/weedstocks but my account is too young.
So it seems the consensus on weed stocks is that we are either in or will be in a big speculative bubble during the whole legalization process. In order to play it safe, many investors are turning to the new index ETF (TSX: HMMJ) to spread their risk. But if were in a bubble, wouldnt it make more sense to short the ETF since it reflects the index as a whole, and even though some companies will survive the bubble the majority will crash? Wondering about your thoughts on this, personally im too scared of the unlimited losses possible with shorting to actually do it lol, but this seems like a classic “everyones looking at this the wrong way” investment.
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April 16, 2017 at 08:28AM
from /u/dsdaew
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