I think this will be a winner in 2 years or less. I think there is too much focus on executive salaries and unrealistic expectations of moon shots. Give Irwin a couple more years to enact his plan and get the pieces in place globally. If he does it, turning Tilray into a $4 billion plus cannabis giant will be a major win for him, the company and for us financially. I don’t see many investments with that much potential on many lists. The proof will be in the pudding…make mine pistachio because it’s GREEN!
Hoping you all will find patience and will be rewarded well soon!
I’m ok with buying on the dips to dollar cost average. I’ve been doing so since $21. It is tough and takes balls to be patient with the weekly downslope. No pain no gain and that’s how I’ve made money over the years. I believe that Mr. Irwin has few rabbits in his hat to pull out at the right time in the future. Hopefully the show gets started as soon as possible. Good luck good people!
Obviously you don’t understand nor care to understand what the intention is for the possible use of additional shares. No dilution until used. If used, the dilution would be neutralized by a valuable acquisition which would add value and another arm for revenue growth at a time when strategy is everything in a competitive growth industry.
I believe that enough “smart” investors will easily pass the additional shares. Tilray will continue to gain market share, revenue and profit.
TLRY since June 9th, is down about 35% on fairly average daily volume. This leads me to suspect above average shorting is ongoing. By whatever means possible, the day traders and weak retail hands will fall off the trail. Also, I hope that the existing short positions are in high risk territory when positive market events occur. I am confident they will occur sooner than later. I believe the resulting upward spike(s) in price will be significant and movement will happen quickly. As many say, “patience and is a virtue.”
All due respect, TLRY would be left in the dust if they only focused on making a profit at this stage of the game. The Marijuana industry is still in its infancy. Those with the biggest kahunas, strongest leadership and enough cash in the vault, have a huge advantage when deal opportunities come to grab up market share. I’m not interested in pennies on the dollar on my sizable investment, I’m looking for and expecting many dollars on the dollar. I’m very willing to wait for this to all unfold.
IMO, that’s how you run an older mature company which has met it’s growth end game in a mature market . segment. Your strategy would cost the company dearly in a totally new unbounded market ripe for the taking. Sitting around and counting our pennies for the sake of our dear minority shareholders would lead us to nominal growth in a robust new market and let the competition walk all over Tilray and dominate the market. I wholeheartedly agree with Mr. Simon’s approach to put the pieces together as quickly as possible to create the world’s most dominant Cannabis product empire.
I’m investing in an aggressive growth company! Go Tilray!
I believe TLRY is now a screaming buy…
The price has retraced and consolidated back to January 2021levels after hitting $67 in the process. The merger has been priced in, the Reddit effect has been dissipated, possible dilution has been priced in, analysts upgrades have been priced in, and the first harvest of medical weed priced in. Lingering in the shadows are many catalysts for TLRY which have not been priced in and they could be huge. They include the reopening of Canada’s pot market, market expansion in Europe and elsewhere, improving financials, changing banking laws in US, decriminalization, legalizing on the federal level, and the high likelihood of significant potential mergers and acquisitions!
All this means market giant Tilray becomes a MEGA giant in the marijuana market! Along with this comes a good chance for exponential share price increases, all in a 1-3 year time period. I think $67 will look cheap this time next year.
IMO, TLRY is a steal with very great potential!
LOL — A bellwether is a leader or indicator of trends. The term derives from the Middle English bellewether and refers to the practice of placing a bell around the neck of a castrated ram (a wether) leading the flock of sheep. ... JPMorgan Chase is an example of a bellwether stock.
Now TLRY is just seriously over sold, IMO. It is heavily shorted and continues to be. New price targets were set today at $16 and $17. Once we get through Tilray’s quarterly report, which will probably not be great, the price should stabilize. A short squeeze would certainly be nice now as it looks like all the risk is now heavily in the hands of the shorts. The price could take off at any point if a group of big buyers decide to come in before the shorts are ready to get out. All jmho.
IMO, it seems to me TLRY is looking good for a short squeeze. The share price is below fair value, volume has been lower to average and I’m guessing short % of float is 20+ and growing. Another strategic Reddit play and or motivating news could really move the price significantly.