Reality I guess the days of the marijuana sector are getting tougher .. I am long on Tilray and have no intentions on going anywhere . As we are figuring out stock prices will not sky rocket on hype or
speculations , or merging or partnerships .. those days are over ..people and institutions who are shorting Marijuana Company's sure know it and are not going anywhere ,,
The only way the " shorters " will leave is if Companies start making profits on their earnings reports .. It's all about profits now ,, that's it.. I'm guessing if a marijuana Company can string along 3 to 4 consecutive postive earning reports the " shorters " will slowing move on .
It's not a race to get to the finish line considering the odds are stacked against a mj company stringing together that many .. just getting to the finish line will be challenging.
Mj companies cannot borrow money from banks to expand , they cannot borrow money
if they are struggling and need to get bailed out . mj companies cannot advertise in any way ..
I know this is common knowledge and " shorters " are betting on mj companies to fail ,.
some have already failed and more will ..
I have been investing in this sector before it was legalized and jockeying from one to another
mj company and truly believe I have found the one that will get me to the finish line .
With the " shorters " and the profit takers it will take awhile to get there taking 3 steps forward and 2 steps back all the way ..
Vegas