RE:We reached record Revenue. CaneIsAbel wrote: With 30 million alone synergies yet to be realized run rate on the hexo merger. Tilray Brands bought 8 breweries, sweetwater, mountak, Breckenridge, Truss, Manitoba harvest. We merged Aphria to start it all. We became number one hemp supplier in USA, fifth largest brewery in USA and double digit Canadian market share with two GMP facilities in Europe. Through Tilray Pharma we control 20 percent of German medical market share and its set to legalize rec this year. We expanded Italy and across the globe and these shorts thought it was free? Yea we got paperwork involved thanks maserk for letting us know. Once synergies are realized markets open up and margins improve through regulations and the competition falling to the wayside. We will be king. Curaleaf exiting markets we are expanding what does that say?
Well, the investment community says:
Jan 8 close:
TSX: 3.12 with average trading volume of 1.5M shares
NASDAQ: 2.34 with averge trading volume of 18.9M shares
Jan 9 in morning before market open:
TLRY releases Q2 2024 results
Jan 9 close:
TSX: Down 9.3% to 2.83 on volume of 4.4M shares
NASDAQ: Down 9.8% to 2.11 on volume of 58.6M shares
Jan 10 close:
TSX: Down 4.9% to 2.69 on volume of 3.0M shares
NASDAQ: Down 5.2% to 2.00 on volume of 38.8M shares
Jan 11 close:
TSX: Down 5.6% to 2.54 on volume of 2.3M shares
NASDAQ: Down 5.0% to 1.90 on volume of 35.8M shares
In other words, longs headed to the exits in large numbers over the past three days, and not just retail investors.
At the end of the day, it's your total average annual return on investment that matters. Thus it matters when you buy, what your average cost per share is, how long you hold the shares for, and what your average annual return or loss is if / when you sell. Thus, even if you believe in TLRY and its management, when all these balls are flying in the air (acquisitions, restructuring, waiting for new markets to open, etc.), you are more than likely (in my view) to be either accumulating paper losses or sitting with dead money waiting for the process to end and (hopefully) reap the benefits whenever that may come.
People preach "patience" when they shove a lot of money in and are waiting for the payoff.
Well, I believe there's also merit in being "patient" waiting for a good entry point while in the meantime investing your money into securities that will provide a superior return.