Let me get this straight a company in the cannabis sector called Tilray is worth more than 20 billion USD, they have not even 300 people working for them and made no profit so far, the company was valued at a couple of millions some month ago but investors are going crazy since weeks! On the other hand we have American Airlines with over 122'000 employees i mean what is going on in this world?!
The stock of Tilray exploded yesterday and went from 150$ up to nearly 300$ just because people think Cannabis is the next big and huge thing! Well some of course made a lot of money within the last couple of weeks with this but what about all the small investors, will they go home with profit or a loss?
Experts talk about Bitcoin and how the rise was too qucik but looking at the Cannabis stocks at the moment they break new hihgs every day and just double themself within a day, where is the logic behind this, and people still speak bad about Bitcoin and cryptos while there are stocks going up 1100% in some weeks...
Crazy world if you ask about my opinion!
https://www.vox.com/business-and-finance/2018/9/19/17879830/tilray-stock-cannabis-peter-thiel-short-squeezeMy opinion this will end bad an pop...
