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  • Ralph Choat
    This IPO is several times oversubscribed, this will create a frenzy as investors trip over each other trying to get in. Even at the estimated price of $14 to $16 a share it is tremendously overvalued, patience is the byword here. Investing in non-profitable IPOs is quite risky, I would advise waiting for the frenzy to subside and if you are determined to invest, use technical analysis to determine a proper buy point.
    Marijuana Stocks: Tilray Set To Become First U.S. Marijuana IPO
    Canadian medical pot producer Tilray will join the growing list of U.S. marijuana stocks after its initial public offering on the Nasdaq this...
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    • Glenn Johnson