RE:Tilray vs Weed: Stock price during last two weeksTLRY might have the wind to their backs; partly due to their low stock float but you cannot even begin to compare the two. IMHO
MNK3240 wrote: Based on a comparative analisys, it shows that Tilray price increased 85% in two weeks as opposed to Weed's 21%.
If we look at just last week, Tilray increased 29% (from USD 50.65 to USD 65.20) and Weed actually decreased 5% (from $62.27 to $59.54).
Aug 20, 2018 Aug 31 2018 Change $ Change %
Tilray USD 35.20 USD 65.20 USD 30.00 85%
Weed CAD 49.02 CAD 59.54 CAD 10.52 21%
So clearly, Tilray is on the fly now whether we like it or not.
Question is whether Mr. Bruce will do something to take the leadership role and maintain it. One thing I noticed that Bruce is always looking at the stock price whenever he makes interviews, that's a good sign that the stock price is on his radar. We will see next week and week after. It's not that stock price has to go up bigly (like Trump) all the time, the concern is the momentum. If momentum shifts to Tilray disregarding its size, the Weed will fall behind like we see the differences between Weed and others.