My observation of $cgc
All the news of pot stocks is only good news for who ever comes out with the next approved medical use.
It's great news but companies are not close to getting fda approved let's say this month so that is why I'm calling short. I bought 3/05/21 43 puts
And bought 2/12/21 43 puts
If it does breakout tomorrow I will sell all.
Futures are looking bad for the night so looking for a sell off tomorrow.
All the news of pot stocks is only good news for who ever comes out with the next approved medical use.
It's great news but companies are not close to getting fda approved let's say this month so that is why I'm calling short. I bought 3/05/21 43 puts
And bought 2/12/21 43 puts
If it does breakout tomorrow I will sell all.
Futures are looking bad for the night so looking for a sell off tomorrow.
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