RE:RE:RE:OUCHI agree with you. I expect a dumpster fire in the next few months, based on my view that earnings will be lousy next quarter (after TLRY is trading on the TSX.)
All pot stocks are missing estimates. Shares of VFF dumped $3.4... or so today because of losses/poor earnings.
Last week, the day traders, institutions, smart money were running up the share price of VFF. The stock closed at $13.44 or so on Friday. These guys were aware that VFF was rated a strong sell by analysts. For three weeks, ZAcks rated VFF a strong sell. But retailers don't do their homework. Today, there's more than 2.5 million trades---when the average is around 600,000. The shorters were laughing all the way to the bank.
TLYR/ USA post dumpster fire earnings.
It seems that we could be repeating the same nightmare 12 months ago, right into the fall, when APHA was trading at $6... or so.
And, if you have not done your calculations, you will not be aware that TLRY is up 95% in the past 6 months.
Some guy posted that he will wait until after earnings next
quarter before buying more.
I agree.
TLRY/ USA is way overvalued at this time.
Once this ticker starts trading on the TSX, I can easily see the stock dropping to $10 or lower----if earnings do not meet estimates.