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Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,624
59,526
A hhhhwhat?
Exchange Traded Fund

MJ has positions in multiple marijuana related stocks. So rather than betting all your money on one or two pot companies, they are invested in 33 different holdings and MJ's value should move based on those companies as a group. I say "should" because it's a traded fund - it goes up/down just like any other stock.

It's a way to be exposed to a sector without owning individual stocks.
 
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ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
Did some more research on MJ, discussed with Mrs. OneDude and then we got in on MJ.

Let's get rich Hauler @Hauler!
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
Wtf is a prospectus and why did I receive one this morning after purchasing an ETF?
 

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,624
59,526
Heading out of the pandemic, I'm focusing on some stocks that are still roughly 50% down from a year ago and should see their activity start to return to some sort of normalcy.

Norwegian Cruise is interesting (NCLH):

1612874131768.png

Already up big from the 12 month lows, but it could be a 100% gainer from this level by the end of the summer.
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
Heading out of the pandemic, I'm focusing on some stocks that are still roughly 50% down from a year ago and should see their activity start to return to some sort of normalcy.

Norwegian Cruise is interesting (NCLH):

View attachment 27450

Already up big from the 12 month lows, but it could be a 100% gainer from this level by the end of the summer.
The cruise ones scare me still. At least until everywhere else figures out how to distribute rona vaccines like my home county.
 

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
MJ up 10%....My drug empire is growing nice and steadily.

Up 12% now, I'm about to quit my job.
 
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