RE:The great Thomas Sowell spoke aboutKeeler wrote: Simple Simon and the Insiders owning little or no Tikray stock themselves.
Hexo, Medmen, failed craft brewers - like quinlash said, what will the CEO announce next? Idoesnt matter - not t playing ng with his own money.
“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.”
....Thomas Sowell
It is quite remarkable how little shares Irwin has bought with his own money when you consider how much he is actually paid anually. Yes he has free shares and yes he did make a recent gesture along with some other insiders, but its a very minimal gesture imho. It's like when a large corp has record profits and offers trinkets as rewards to its hard working employees, the affect is the opposite of what the reward was intended to accomplish. Little to no skin in the game from the leader in a young growing company in global expansion is a red flag for lack of confidence in share value. He must be acutely aware that any shares bought now are looking at dilution rather than gaining in value, thats the only reason imho why a CEO would not buy shares. If Irwin though he could make money he would have bought shares (why wouldn't he want to make more money), he has not bought any significant amount (to risky for him) so it's to risky for me! If we see insiders with significant share purchases bucking the trend then yes it would be time to take another look, until then caution is probably a good idea. For those that have been trapped in the stock, the next possible upcoming short squeeze may be the best exit opportunity. I wonder how many preaching on Tilray's greatness will remain in the stock after the next spike? I'm not so sure there really are true belivers in for the years requires to stabalize a much higher stock price, and yet they are the 1st to personally attack voices of caution! Where is the lack of integrity in posters really found??