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Weed-Stock Fortunes Made And Lost In 7 Hours Of Wild Trading: (TLRY)

TedTed
in Fund Discussions
FYI: (This is a follow-up article.)

In perhaps the wildest day yet for the nascent Weed Inc., shares in Tilray took a ride reminiscent of the Bitcoin craze and even the height of the dot-com bubble.

The maker of cannabis products nearly doubled before wiping out the entire gain in less than an hour, only to finish 40 percent higher than where it started. Sure, Tesla has delivered some whipsaw sessions and AMD has tripled this year, but Wednesday’s moves had a different feel.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-09-20/weed-stock-fortunes-made-and-lost-in-7-hours-of-wild-trading?srnd=premium

Barron's Article:
https://www.barrons.com/articles/tilray-stock-price-swings-1537439954

Comments

  • MarkMark
    Somewhat reminiscent of my first bowl full.
  • Old_JoeOld_Joe
    edited September 2018
    "Wednesday’s moves had a different feel"
    Tell me! :) :)

    @Ted- thanks for the additional info. No more of the MJ, at least for now... back to stodgy American Funds.
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