RE:Friday Ghost was no where to be seen This guy sounds like a retailer. knows shite about technicals, financials, charts.
Posts shite tooo. Just opinions and predictions with no facts. Essentially majical thinking....
He thinks and posts:
"I bought the stock, so it's a good buy. Because I purchased the stock, it will make me rich."
The reality is that TLRY/USA and APHA ( no longer trades) are overvalued. Earnings were brutal.
The reality is that we are headed for a drop in share price----$15 or lower Canadian.
Not the time to add more, unless you are a pumper like this guy who is blind to technicals, financials, charts.
Two simple financial to assess a stock:
Price/Earning ratio
EPS or Earnings per share....
Learn it and use it!!! And use a chart----uptrend, downtrend, range---support and resistance.
We have poor earnings and a stock that is ovevalued when looking at PE and EPS.
So what happens????
A selloff and shorting.
Premarket share price today-----TLRY down .85 cents or another 5.6%.
Looks like a bloodbath is coming..