RE:TLRY result tomorrow.... scaryAnd yet they are up in the after hours market by an irrationally exuberant 14+% to a new all-time high based upon total top-line sales of only a meagre $9.7M coupled with a quarterly loss of $12.8M.
Sure, there was a 97% increase in YOY quarterly sales revenues, but this came with a quintupling in terms of their net loss situation which rosed from a mere $2.4M all the way up to a quarterly loss of $12.8M. I guess this is good enough though to generate a market cap of about $6B USD.
Go figure that!!!
Pra567 wrote: The only thing I am scared about is tomorrow is TLRY result. There valuation is too high , and there result will bring down there stock by good 20-30%. If there is no other news this will bring the entire MJ sector down.