Best kept secret First ,, I am long on Tilray way back since they were Aphria,,,normally I don't compare stock prices
but recently can't help notice some are taking off due to recent news about rescheduling,
Safe etc...
We all know a high stock price does not make that company a better company than the lower price company ... ( just more people jumping on the bandwagon pushing up the stock price )
Everyone assuming once safe gets passed the banks / institutions will start investing heavily,,,,,
That could happen or the banks could short the stock heavily,,.
People seem to like to compare Curaleaf to Tilray so I will use these as an example,,,,
I just looked up how many shares are shorted in both companies
Curaleaf has 3,088,200 shorted ( banks can't get involved at this point )
Tilray has 95,070,000 shorted ( Bank of Canada, BMO ,CIBC are just a few of the Canadian banks shorting ,,, can't list them all too many)
If the banks in the United States follow the Canadian banks/ institutions ( normally they do , they went to the same schools )
They maybe sitting back licking their chops waiting for safe to pass ,,,
Vegas