I am not sure what the surprise is.... If you read my posts, going back several weeks, and including yesterday, I did say that
TLRY is expected to post disappointing earnings
I looked at Zacks, Yahoo Finance... and other repetable websites.
I also said that issuing of new shares dilute the stock.....
I also said that TLRY is below the 100 day MA
I also said that according to the candlestick charts,
TLRY is on a monthly, weekly, a daily downtrend.
And, the street and daytraders are " insiders", and use analyst knowledge to make predictions. They are rarely wrong.
In my opinion, TRLY can easily fall below $14.... in the next few weeks, months.
I believe tomorrow with be a sh***t show..
I am all cash with TLRY--and will not buy in until there is at least a weekly uptrend.
REtailers: CONDUCT a Due Dilegence!!! Never listen to pumpers!!! UNderstand a chart, Understand basic financials---such as EPS.....
Don't listen to the hype by the talking heads or ERWink, who always posts a rosy picture.....
Way to many bagholders now...What a sh*** show....$40 to $16 in 6 months. That is approx... a 60%%% drop in sp, which is f***king sickening.