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The largest cannabis ETF, $MSOS, has seen fluctuations in price targets, with one-year targets ranging from $15-$20 and two-year targets from $20-$30. Retail investors have faced challenges as the ETF dropped from $50 to $7.65. Cannabis stocks, including $MSOS, are influenced by market rotations and summer lows.
VIDEO: Cannabis Stocks Benefit from IWM Rotation. Are Summer Lows Set? $MSOS $TCNNF $MNMD https://t.co/epTs9hEiFr
Retail investors, like lemmings, have been ridden over the cliff by cannabis advisors, analysts and some managements. The fact that no one is worked up to buy is an opportunity. My view is that you and others are too close to the situation. Now with $MSOS down from $50 to $7,… https://t.co/J5Oy2crRcx
Several tweeps have asked me my price target on $MSOS (largest cannabis ETF). Based on probabilities associated with my five fundamental scenarios (from pessimistic to optimistic) my one year target is $15-$20. My two year target is $20-$30. Last sale $7.65. Cannabis $MSOS…