RE:So Now What:I agree with your assessment. I think TLRY will trend lower in the near future.
GLTA
Vinny57 wrote: Calculation: Tilray close $29US X .838 = $24.30US
$24.30 US to Canadian = $30.85
Aphria close $21.55
That's still a spread of $9.30
So:
Either Aphria has some catching up to do or Tilray drops further.
Given the movement today, I believe it to be the latter.
Tilray is being sh!t-kicked right now. Aphria may hold but Tilray is a shorts dream (at the moment).
As far as Aphria's share price for the near future, I stand by with what I posted yesterday. (the tea leaves never lie).