RE:Tilray vs Canopy.Seems to me the main reason Canopy ran up so hard (60%) is not only because of their
foreign market exposure/potential but also because they're one of the top short attack targets
in this sector.
The massive drop to $3.74/CAD was overkill....everyone gets greedy both ends so now we have
the ultimate MMA match between the bulls and bears.
It's possible WEED opens higher on Monday before any potential drop as the bull momentum
is vigorous.
I wouldn't want to be shorting this one anytime soon-at least not until newer news hits.
It's now impossible to time the trade either direction, much like the market frenzy that hit after
Canada legalized...hype is everything in this sector, even with the abysmal metrics.
This is when it's wise to use stop-losses/trailing to maximize gain potential.