TLRY: Hype Cool Runner IPO play into Lockup Expiration on 1/15
Draw your own conclusions and do your own due diligence but this one meets the criteria of the ipo hype cool (trendy flavor of the day) runner..It's been hyped, it's in a volatile emerging hot sector, and its had promising news and run up by momentum players. Negative earnings..Ide ck the age of the insiders and how they are compensated etc...salary to stock compensation ratio etc. Let's see if they move the lockup expiration up on this one. I like to trail these months out from the lockup expiration esp after a big spike up like this one had..for surgical short/put hits after spikes. If x occurs do x1 if y occurs do y1..Imagine different scenarios, take the one that confirms....it helps to imagine (know) what the highest probability move is first (cuz you may not have time to imagine y ) if its a fast mover. This ones tricky..spikey on current news...it has a future..but note where it is in relation to its $17 ipo price..distance to expiration..etc..it has some overhang....
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146.91 to 123.91 this morn..nice
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Pop going into legalization....going to be giddy for awhile
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liking it..146-94..
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Elections, Sessions out...chat is Trump will decriminalize, let banking occur and leave it up to the states for full herb legalization...new ball game..
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Looking very good on the down move..perfect hype cool runner ipo giving it up even though its in a sweet spot industry
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Announcing some nice partnerships. Teaming up with some big players. Tlry ceo to be on cnbc this morning. Making some great strategic moves for the future.
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147 to 79..not bad