RE:Tilray CEO breaks down the future of the cannabis industryThe guys just a pumper!! Pot stocks have been brutal in terms of sales. APHA/TLRY pops to over
$40
moves up and down----$20...to $27....
then tanks after
1) some guy says two years until legalization in the States
2.) And then Erwink and his band of crooks decide to issue more shares---with shareholder approval
and now earnings are expected to be lower than analysts predictions...
so Erwink toots the horn...
Retailers lap up it up...
Watch what's going to play out!!!
I expect lousy earnings will be out pre-market July 28---.08 cents a share, perhaps lower revenue
then Erwink and his band of brothers will come out on July 29th or whatever and issue more shares to acquire more pot companies, which will result in a lower share price....
In my opinion, this bearish news is going to drop the price under $15 in the next few days to weeks....
I'll buy back in after the "dust settles."
I don't want to wait 24 months as a bagman to make some coin...
In the meantime, I've bought some shares of SKLZ, which trades on the Nasdaq.
Bought in at $14.94
Target price is $24 to $34
high price before COVID was over $55.
I am one of those guys that sick and tired of the high volatility.
Give me a f**king break
$40 down to $16...,.
and going lower...
Erwink---what did he make in salary??? Wasn't it $10 f**king million.
Long-term, TLRY is the best pot stock to own.
As I said, SKLZ looks to be a good move---trading as high as $22...only 6 weeks ago...
I'll take my chances until TLRY moves in an uptrend on the weekly chart...
Just watch!!!
TLRY going under $15 a share...
But what the "f**k" do I know.
just my opinion based on the chart, techicals (100 day MA) and expected earnings miss
Lets see what happens!!!
on July 28
pull the handle on the slot machine
toss the dice
flip a flacking coin..
I am all cash in terms of playing Til-rod and listening to Er-wink.