Tilray Inc Bear Market Review

Nothing that has happened in the “Marijuana Industry” is any real surprise.

I came across this story which I  agree with, Why Investing in Marijuana Stocks is a Dumb Idea.

Someone bought TLRY at $300 as it went vertical so what did he see in TLRY at that price level?  I bet the guy was stoned when he clicked his mouse on the “Buy” button!

10 months or so later TLRY crashed from $300 to about $28!  How is buy and hold working for TLRY investors? All this is great in hindsight but we have seen these types of moves before with other pot stocks.

Anyways I just posted this for entertainment as this TLRY stock has a lot more room to fall and it may even flat line well below the starting price of $20!

You never know, but TLRY could be a different story by the time solar cycle 25 arrives in full force.

 

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