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Pot stocks are soaring again with Tilray surging 40% in premarket trading

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Pot stocks are on fire again with Tilray surging in premarket trading.

 

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$cron , for small investors buy puts in cronos overvalued by 400% there are like 40 weed companies coming out with 12 to 24 months over supply.

When pot is completely legal the industry will be the target of everyone with sticky fingers. New Jersey is licking its chops over a 25% tax.

Who would buy Tilray at this level? This stock has gone too high too fats on news and speculation. Without results, stock will not sustain these levels. Be careful out there!

Target price: $420.

History repeats itself - when everyone starts to talk about how to get rich quick; word of advise is to get on the other side. I am calling this as $TLRY’s Top. Down goes weed & pot.

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