This cannabis stock is a new Reddit favorite

But are investors going a little crazy? Tilray is now up more than 130% this year.

If a stock suddenly starts to rise, short-sellers have no choice but to buy it back or face prohibitively large losses.

The Reddit community also seems to appreciate that Tilray CEO Irwin Simon is acknowledging their support.

What’s more, the consensus target price is about $19 — right around where the stock is currently trading.

…Read the full story