RE:RE:RE:HEXO / Tilray Pricing Post 14 R/Squinlash wrote: dart321 wrote: Your numbers are correct and the continuation would be when Tilray decides to make the move the difference between $5.60 and what they pay for the company will be the size of the right off loss they have. At this point it would be close to $4.60. They likely knew this was going to happen and now they have another asset along with losses to write off profits against. That's how the game works people the rich get richer and the guy/gal gets it in the ear again.
If you ever wonder how "The Rich get Richer and the Poor get Poorer" you only need to look to the stockmarket to understand how that works. Big Money (the Rich) have little to worry about if a trade goes well or a trade goes poorly. In times of market selloffs you can bet that those who are taking the hits are the ones who can least afford to do so, those who are picking the shares up are those who can easily do so and have the patience to wait out the market for better days... those better days are when the poor feel confident to get back in are then buying the upward trend and eventually... the poor start getting greedly and start buying overpriced shares from the Rich who picked them up a long time ago while they were trading super cheap.
IMHO the shares of HEXO Corp are Super-Cheap and those selling a loss will see someone else selling those shares down the road for a profit they walked away from.... hense the Rich get Richer... and the Poor get Poorer...
To Quote Warren Buffett...
"
The stock market is a device for transferring money from the impatient to the patient"
JMHO
Interesting, it to is just my humble opinion that little "q" has been incorrect in her/his trading strategy for almost 18 consecutive months.
Caution when reading any posts
S7