So what’s up? Weed is finally after many months started the process to officially be designated as legal in Germany, apparently it’s all they are talking about over there. (According my sources)
Yesterday a lot of hedgies including our favorite, shitadel has started to short the leaving crap of this sector, their big bet was that the German politics would prolong the process like they are doing here, but it looks like they F*d up big time!
$TLRY is already up 6% pre market as of writing this. Coupled with the insane call options that will go in the money this thing could rocket past the moon, especially if the hedgies start to cover their position from yesterdays short!
Afterwards there is no telling where this thing will settle down at, maybe 20$? Maybe 30$? Or maybe 420$?
I recommend buying shares bcs they are so cheap at the moment. But if you are more risk tolerant you should buy slightly out of the money weekly/monthly options! See you all in lamboland! 🚀🚀🚀
—— This is not financial advice, this is only the opinion of an autistic ape. Do not take anything I say to reflect reality or advice for your own trades. Do your own Dd you lazy monkey
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