Quinlash - it’s YOU missing the obvious the 'market sets the price' is nonsense.
Tikray is incompetently managed by Simple Simon - and because of his direction - mainly the failed growth by acquisition strategy as well as horrible business decisions such as buying $225 million of Medmen debt - and acquiribg failed craft brewers - is why Tilray is where it's att today.
A successful company, run by professional competent management will be successful - and the share price will be reflective of that.
A poorly riun company, incompetently run by greasy long haired snake oil salesman, will be reflective of that.
Your suggestion that Simon gets bonuses based on share price is ludicrous - cash, cheque or shares , he gets annual compensation of $30 million - despite Tilrays position.
He has no incentive to show net profit He gets his money regardless - and his performance is based on top line sales, not bottom line profit - THATS why he makes nonsensical acquisitions to increase sales - profit doesn't matter
Post by
quinlashon Apr 09, 2024 3:21pm 
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Post# 35979709
RE:RE:Irwin Simon - VOTED as CEO of Tilray
You are missing the obvious -> THE MARKET SETS THE PRICE, it is not the CEO of the company who does so. If he were to be setting the price do you not think he would prefer to see it at $10 or $20 or much much higher?
The CEO is compensated largely with shares and may be getting performance bonues based on SP performance. He has also bought shares off the open market in 2024. He is well motivated to make the necessary business decisions for long term success of the operation.
Currently Germany is just opening up to legal Cannabis. Thanks to the CEO of Tilray there is already 2 major production facilities in Germany (and been there for years) producing product that will be (likely) seeing increased product demand. The comment was made today (on the earnings call) that Tilray is #1 over there.
I am expecting the market will eventually see the value of these shares therefore it will go up, sooner than later would be nice but I patiently wait. If waiting is not for you then trade in whichever way you like.
The Market Sets Pricing, it is up to you to buy and sell and if you do so at a profit or a loss, well the market doesn't really care (just being frank about it).