Short CRON, look for $6.80

2018年11月21日

Lower highs and lower lows is a consistent trend. Marijuana stocks are missing earnings badly and overblowing estimated demand from Candian consumers. Companies like CGC and TLRY are badly missing Street estimates and continue to trade at ridiculous valuations w/o numbers to back them up. CRON market capitalization is $1.46 Billion when quarterly revenues are $2-3 Million! Major short but patience is a virtue.

2018年12月4日

ノート

If Cronos-Altria deal happens, disregard this post entirely. Stock will skyrocket. If not, I maintain my 6.80 target through January.