RE:RE:RE:$6.72's
Yes - well the only reason I mention online gaming, is because its something I'm very familiar with and its no secret that its legislative path mirrors what we are all seeing in the Cannibas sector. 13 brokers laughed at me in 2001 when I told their team at Fidelity in NYC that you will be gambling on your phone in the coming years. I'm use to teh naysayers who don't have a pot to piss in and have no idea how to run a public company.
I guess the early supporters of the iGaming industry - initially in Europe and now in the US and Canada - are pretty happy with their bets made 20 years ago. Ask early shareholders at Sportingbet, PokerStars, Playtech and now Draftkings. IMO this is where Tilray is today.
The last short and distort scenario I was intimately involved with, was with Intertain. Intertain was a TSXV/NASDQ listed company which absolutely distroyed the shorts by yanking both listings and moving to the LSE. That company merged with Ballys last year. Anyone who went along and made a decent bet during those dark days made millions - and watched - with unbelievable satisfaction - when the shorts had to cover before the company made the exit to London.
Mark my words, IS is very aware of the destruction in TLRY shareholder value and will trap them with a pivitol announcement and corporate activity. The way I see it - these share prices are a lifetime opportunity. Whether it takes 2 months or 22 months to recover is immaterial.
Ignore the banter here and everywhere else. Its mostly paid anti-promotional garbage.
Good luck to the longs - JRMJ