Post by
quinlash on Apr 09, 2024 3:21pm
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).
Comment by
quinlash on Apr 09, 2024 5:12pm
He paid down debt and there was money missing from the report that will appear on the next one. If you listened to the earnings call you would have caught those details. If you missed the call then you can review the call transcript off of their website. Might be a day or two before it shows up but those details are in there