A great post from someone else on another forum Also canopy announced purchasing the number one consumer brand of edibles wana today. I expect no less from Tilray shortly. Here's a post from someelse I must share. Makes so much sense.
An observation and clarification for those who continue to question why Simon does not purchase shares. You are correct in one aspect; doing so would bolster shareholder confidence. There is, no doubt, MUCH frustration and, to a certain degree, a feeling of betrayal regarding his huge salary and bonus. I have followed this board for several years and have chosen to remain quiet. First post is now and I am not a pumper nor a dumper - just waiting and watching on the sidelines, but I have to comment...IF Simon has news of a pending or proposed merger, acquisition or tender, he CANNOT purchase shares now or until after 2 days once news is made public! SEC rules Ex 99.5 makes this very clear. The only way around it is if there is an existing trading plan that was pre-cleared with Tilray's Insider Trading Compliance Officer, which we haven't seen evidence of in pattern. Yes, I too would also love to see him buying shares, but this may not be possible. Just like you, I do not know whether or not there is something brewing. Real investors can only hope that this is the case. Others who are just playing it up and down do not care whatsoever. That's just how it is. As an investor, I really hope that Simon has such knowledge of an M&A and that is why he has not purchased. There's no doubt that Simon is aware of the growing dissent over his compensation during the share price decline; he either does not care or his hands are tied. I hope it is the latter and that he has earned the trust that so many investors have placed in him.