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Until tomorrow.This will go below 3 bux several times in the near future (at least once next week, if not more). Easy prediction. Are you new to investing, or a true believer?
Its just a list of companies that are down at least 100 percent...yee haw. Ask the guy that bought in at 6 bux what he thinks.
Those predictions from Tipranks or wherever aren't worth the paper they are printed on.
Sure, until HEXO goes BK. What a dumb move by Simon.
Where are the facts to support your claims?
Good posts!! Keep the info coming.
My advice is sell as soon as possible.
I saw your response and then read your meme picture...and I thought..maybe he should read his own sh1t.
Glad I passed on this. Been monitoring for months
LOL....this time next month or more likey next week...less then 2 bucks easy and sinking...This is a share selling machine, not a real company.
Yep, that's the new politically correct term for getting screwed.
I will happily "MISS THE BOAT", on an 1:10 R/S. Good luck. SNDL will survive to further dilute. Rinse and repeat about 18 months from now. These effing crooks that masquerade as company execs control so many shares that any "share holder" vote is a sham, how else would this R/S pass?
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ACB is a top choice, among people shorting these Canadian LP's into oblivion.
Good point however after the HEXO debacle, I think Simon will be out of money and struggling to keep TLRY afloat. What a dumb move on his part.
Very few of these Canadian LP's will survive the next 6 to 12 months without US legalization. I dont think ACB is one of them without an R/S or merger.
I think its good...yes good...well maybe not really good. OK, Im going to say somewhat good. I will let your know how good when it reaches either 5.00 or .13
TLRY is no where near executing an R/S at least not yet. Having said that it is VERY naive to think Simon gives a crap about investors.
Good info, looks like Simon's plan is falling apart:
https://seekingalpha.com/article/4521005-tilray-no-floor-here?mailingid=28230445&messageid=must_reads&serial=28230445.1234185&source=email_must_reads&utm_campaign=Must+Read+June+30%2C+2022+noPremium&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads
Nonsense, of the highest order. Amazon does not acquire lost causes. Probably the stupidest thing Simon has done is get involved with HEXO. For those that question whether Simon is competent, or concerned about share holders, the HEXO relationship should answer that question. HEXO will not survive much longer without an R/S, oh and by the way, that's not their first.
I would say less than 5 of the LP's will survive the current economic climate, with no US legalization and the oncoming recession. Probably closer to 3 that will survive. It is much easier to list those that are doomed, that is like shooting fish in a barrel. No, I will not list them, its should be obvious to anyone that has followed Canadian LP's for any length of time. I will say I think TLRY in its current structure, has a 50/50 chance, at least in the short term (6 to 12 months). P.S. better tell Simon to put on that Superman cape soon.
Because the stock quote here on IHUB is showing $2.55
Did HEXO just execute an R/S?
They have a more politically correct term then R/S...they are calling it Share Consolidation...what a joke.
Its a common theme with all of the Canadian LP's. They are burning through cash at an alarming rate, yet the execs/directors are still getting paid as if they are Fortune 500 companies. I really dont understand it. It really is a criminal enterprise.
WOWSA, what a haircut! I have been passively watching ACB off and on for sometime, but I have to admit this surprised me.
Keep using that dry powder. One day you will realize, hey I have no more powder and TLRY is at 2 bux. TLRY has the same strategy as all the Canadian LP's, produce a bunch of sh1tty weed and hope someone buys it.
When are Simon and his cronies going to take a performance based pay cut?
Answer: NEVER.
These Canadian LP's performed like sh1t in a good market. Wait until the ongoing correction/recession hits. Legalization is not coming before the midterms, I am confident of that.
Cannabis allows its users to accept the present situation and still have a feeling of euphoria, with unwarranted expectations. Not saying that is you, but maybe some of your friends. I was hopeful that legalization would happen quickly. I now believe it will not happen before the mid terms.
Even more interesting that none of the Execs of the Canadian LP's ever take a pay cut, or are even tied to a performance based salary. Its all Unicorns and Rainbows for the Execs. Reminds me of the band on the Titanic. And the share holders are running out of life boats.
What does that really mean, number one in Canada? Thats like being number one in South Dakota. I hope they OWN Canada, while the other LP's and MSO's expand in the states and the rest of the world.
Yes, and by that time we will all be dead.
These Cannabis stocks are Recession Proof. They continue loosing money in a good and bad stock market.