RE:OUCH !! SELLING and Buying Auxly and Vivo Cannabis ..GLTAsrtman03 wrote: Tilray's Target Price Is Cut To $0 by GLJ Research -- Market Talk Thursday, March 5, 2020, 1:51 PM ET 13:51 ET - GLJ Research calls Tilray the "Nightmare on Elm Street," dropping the 2021 price target to $0 from $5. GLJ--which took a similar, strongly worded approach on Aurora Cannabis--points to TLRY's disappointing 4Q results. "While TLRY is guiding to positive EBITDA by 4Q20, with its performance sharply lagging bottom line 2019 GAAP EPS expectations thru 2019," GLJ says, "we see this forecast as aspirational." A representative for Tilray couldn't be immediately reached for comment. The stock trades at $11.49, down 8% for the day and on track for another record low closing. (maria.armental@wsj.com; @mjarmental) (END) Dow Jones Newswires March 05, 2020 13:51 ET (18:51 GMT) Copyright (c) 2020 Dow Jones & Company, Inc.
Smart selling around $10.00 when this article came out !! GLTA