Tag: TLRY

I’m not sure what to say about this chart other than “holy crap”:

With a market capitalization now of $21 billion, Tilray is worth more than (insert the names of any companies that actually have real businesses with real profits here).

Short borrow rates are 500%:

Put options at a strike of $100/share, expiring in November, trade for around $25/share.

The only reason why anybody with two brain cells left with a bid on this one are the auto-indexers and the people that are receiving a margin call of the century going short against this one.

Readers should not be surprised to know the purported business of this company is cannabis production. Their only quarterly report to date (as you can see by the stock chart above, they have not been public for very long) is here (Link to 10-Q).

I have not seen this insanity since the dot-com era of 2000. Be careful. It ends badly.