Tilray Brands, Inc. TLRY

Why is this happening? Links posted below

[CaneIsAbel]

During the financial crisis of 2008 the sec was forced to ban short selling. Hedge funds, brokers and shorting firms made an exoberant amount of money while average Americans and retail investors got wiped out. Today is not exactly the same but none the less a crisis. These firms control the media outlets and seeking alpha is by far one of their proxy armies that put out negativity. These baked shorting practices are rampant today with the regional banking and the cannabis sector has been a prime target for these shorting firms. It's gotten so bad for companies like Tilray that decisions need to be made that otherwise would not have had to. These shorting firms have destroyed companies that otherwise may have been able to survive and thrive but we're squashed out. The cannabis sector is too profitable for them to let go of their golden goose. I don't particularly prefer wsb runs and would prefer organic growth but sometimes I love when they happen to squeeze the life out of these short sellers. 90 percent of this offering was already existing debt and results in minimal dilution if the notes are converted to stock at 2.66 a share.  Previous offerings were made at much higher price but given current markets Tilray doesn't have the upper hand in negotiations (for now). Regardless the deal they made in NO WAY warranted a 21 percent sell off but the negative articles came pouring in and the shorting firms will make a fortune when they close out some of their positions. Tilray is the exact same company it was last week for the most part even better with Italy expansion. I linked two stories below. One from 2008 where the sec banned shorting and one recently in 2023 of this month where calls for it again are getting louder as capital hill sees the damage they do. 

https://www.sec.gov/news/press/2008/2008-211.htm

https://www.reuters.com/markets/us/short-selling-comes-under-fire-regional-banks-sell-off-2023-05-04/

[OhYaBaby]

Shorting doesn't tank a Stock....it's the negativity from the hired fAke news media that shake weak hands so they can c$sh in. TLRY should be no less then 5 a share today. Another good post @CIA

[CaneIsAbel]

You think?  We have well over 400 million USD in the bank and we've been given guidance by management we are going to be cash flow positive this year. It's rare to get that kind of guidance in the cannabis sector.  Our price to earnings in respect to our market cap is a joke. Tilray should be valued way higher and the merger with Hexo will increase those earnings significantly. I

[Keeler]

This post has been removed in accordance with Community Policy

[Keeler]

Some are easier to put on ignore than others.