CantorTechnologies

Marijuana the next Bitcoin?

NASDAQ:TLRY   Tilray Brands, Inc.
Hello friends,

I've only just discovered these parabolic pot stocks and am very interested in trading them when I see some technical setups. I wouldn't be surprised if this is crypto pt. 2 . Like with crypto, there is value here, but it's a complete bubble. Will be looking to short the hell out of these at some point - not today though.

I am expecting a correction to the green line at some point.

Keep your eyes peeled for these!

-YoungShkreli

Comment:
Just read that they have a market cap of like 20 billion and are doing yearly sales of about 8 million. That's a bubble. These people don't have any intellectual property as far as I know and there is no real barrier to entry - so this is just completely insane. Still, I will never short unless I see some technical sign. If you are unfamiliar with my trading style -which most will be, because I cover crypto mostly, go ahead and read my work to get acquainted.
Comment:
Also like and follow because I am competent.
Comment:
Let me know if there are any other pot stocks you'd like me to cover. Or anything!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.