I decided to buy (impulsively) some TLRY stock. I got in today at $122.98. The fundamental data is not good (the company is losing money at the moment) so I based my purchase on FOMA and on the hype surrounding the company. Usually it doesn't end well for me when I take such hasty decisions... The recent spike to $300 and fall to $100 shows there is a lot of interest, and a lot of speculation takes place. The analysts opinions are mixed about this stock. A few of them recommended to sell well before the peak was reached. The insiders made purchases very early, entering at $17.
Comment:
I got out today at $143.3. I will try to re-enter at a lower price, I place a buy at $117.50 - I don't know if it will go that low any time soon, but that price is in the range of yesterday, so it's not so far-fetched.