Great Moments in Crazy Stock Bubbles -- Are These Investors On Drugs?

As of this moment, Canadian tulip bulb marijuana company Tilray is trading at $146 a share for a total market capitalization of $11.2 Billion.  This is a company that had $10 million in revenues last quarter.   It is trading at a 420x multiple of last year’s revenues.  It is up 20% today alone.  The race … Continue reading Great Moments in Crazy Stock Bubbles — Are These Investors On Drugs?