TILRAY TENFOLDED - WHILE SHORT BETS INCREASED - BE WARY!!!
And the story remains the same! While Tilray Inc. is rallying, short bets mount to the highest level ever in the short history of the stock. So Tilray Inc. tenfolded in just 10 weeks driven by more or less private investors, while the big money is again of the line. Remember crypto currencies rally in the final weeks of 2017. When the SEC allowed futures on Bitcoins, the end was near. However the industry had a tool to short it and ultimately to stop the rally first in Bitcoins and then to be followed by the remaining 1400 other crypto currencies. When big money is not part of the rally, investors should fear it. And again we have the Facebook generation driving this rally in pot stocks. Once again Tilray Inc. made a huge performance of 1000% in only ten weeks so you shouldn't wonder when it comes to a greater correction. Defend each of your positions. If it comes it goes fast. Tilray short bets mount to 34% and so far the shorters made tremendous losses while the stock kept on rallying. But as usual it won't last forever. The faster it rallied the faster it comes down. This morning the stock traded at Tradegate, Germany at 151,99€ ahead of the regular trading session.
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