RE:RE:Another runup The whine meter said yup. Time to re-load what I trimmed off a week or so ago.
Just re-loaded $16.80 shares and a round of Calls.
eom
momo
CommonCentsforDollars wrote: I expect IS has his eye on some assets, but the dilution they are talking about seems rather excessive. Hopefully his eyes have not gotten too big.
Took some Calls and some shares off the table before the market reaction came. Max Pain was displaying $17.50 USD yesterday but has now changed to $18 USD for Fridays expiry.Not sure what to think about that.
I will look to re-enter what I sold around $16.85 to $17.10 USD. Appears to be some support there. Ghostinthedark wrote: And selloff, after TLRY mgt wants to issue more shares and dilute the sp.
After hearing this bad news, I sold at $23,50, and holding only 50 shares.
TLRY's share price looks to have topped out at $23.80
so that is resistance.
and today's low will be the new support.
We are in another downtrend...
TLRY is a highly manipulated stock---as smart money runs up the sp and then shorts it---like today.
The question now: Where is the bottom?
If we look at the daily chart, the stock bottomed at $20.2 or so last week
and the was runup to today's high--then dumped on bearish news.
So I would not even consider buying until that price----falls under $20.50.
But WTF do I know---I am just looking at a chart-----identifying high share price and low share price on the daily time frame...
TLRY is trading in a range.
Stock will close near the low of day, so expect a lower high share price and lower low share price tomorrow.
It's all a game, like playing the slots in a casino.