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What Are These Investors Smoking? Short $TLRY with Caution

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There’s something fundamentally wrong about a company that recently IPO’ed (2 months ago) at $17 to reach $313. It only generated 20 million last year in revenue and is currently worth more than American Airlines and Chorox. For those itching to short this stock, please be cautious as the upside potential can be unlimited and you can be squeezed out of your position. Consider buying December 2018 PUT options even though the volatility is already factored into the price.

Trade carefully.

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I wrote this article myself, and it expresses my own opinions. This is not financial or investment advice, and I am not a registered financial or investment adviser. This is also not a buy, sell, or hold recommendation. Consult a lawyer as well as an investment adviser before investing.
ETH @ 0xaf7F295718C10763854Cda5aBe652d155D28Aec8

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