Far From Texas, Huge Gas Bills Stoke Anger After February Freeze
Christopher M. Matthews , 27 June 2021
An angry backlash is building across the middle of the U.S. as states step in to help their constituents pay billions of dollars in natural-gas bills racked up during February’s freeze.
While most escaped the blackouts that occurred in Texas, states from Minnesota to Kansas are having to help local utilities, businesses and homeowners cover February bills after natural-gas prices surged from around $2 per million British thermal units to as much as $1,200 in parts of the country. Continue reading “Article: Far From Texas, Huge Gas Bills Stoke Anger After February Freeze”
TILRAY: NEXT IN LINE IN A BUDDING CANNABIS INDUSTRY
Citron Research, 15 August 2018
On Jan 3, 2018, Citron predicted that Aurora Cannabis would fall from the then $14 to $6.50. It currently trades at $6.19.
Today we state that you would have to be ‘high’ to short any of the marijuana names based on the recent investment by Constellation in to Canopy Growth, the largest investment in the space ($4bn).The premium paid to market shows confidence by Constellation that could rattle any short seller.
The opportunity now lies in finding the next company to get a white knight at a premium to market and to Citron that answer is easy- Tilray.
Citron believes that Tilray is best in class and if it were to get the same multiple we are assigning to Canopy, the stock would be trading at $45 a share.
Continue reading “Article: TILRAY: NEXT IN LINE IN A BUDDING CANNABIS INDUSTRY”