Jil
September 19, 2018, 3:08am
1
This is IPOs recently for $17 and today after hours it is $173 , keep going up and up, never stops.
Big companies like KO and STZ tie-up with Aurora Cannabis and Canopy Growth Corp resulting TLRY to skyhigh on speculation.
Revenue 10 million, but market cap more than 15B, crazy ones.
1 Like
manch
September 19, 2018, 3:20am
2
CGC is much saner, even though it’s still crazy. 11B market cap on 66M rev.
wuqijun
September 19, 2018, 3:23am
3
So these investors are not afraid of their money burning in hell?
1 Like
Jil
September 19, 2018, 3:45am
4
Today I heard Coco-cola trying with Aurora, that is the height of it. They want to introduce cannibis medicinal ingredient that relieves pain…blah…blah
Jil
September 19, 2018, 7:29pm
6
Right from Bloomberg audio:
Peter Thiel was the original VC funded TLRY owning 76% of shares locked up to Jan 2019.
He has 56 millions shares, boom becomes billions for him !
The stock went up to 96% jump reaching 296 peak.
Since there is no floating shares, this is very volatile.
Billions make multi-billions!