Tilray Brands Inc TLRY

Alternate Symbol(s): T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.

NDAQ:TLRY - Post by User

Tilray Brands Inc > Shorts are in control of the sector.

<< Previous

Bullboard Posts

Next >>

Post by PUNJABIon Jan 10, 2022 9:24am

384 Views

Post# 34299326

Shorts are in control of the sector.

The entire sector has been shorted heavily This stock also has a big short condition. Some of the stocks in the sector are good shorts because they are bleeding too much cash and will run out of money because their gross margins are very low. In this sector, this company is a leader with much better financials and a good business model but has been treated like other unviable companies in the sector.

Tax-loss selling is over and all stocks have taken massive hits. Some stocks are still overvalued because they are bleeding too much cash with declining revenues very low gross margins that they do not have any hope of survival. Competition in the sector is ruthless and will continue till the low-margin companies continue to raise money from the market.

Short sellers need to differentiate between companies in this sector. This company is the market leader, has decent revenues & gross margins, brand leadership and recognition, product diversification, sufficient cash, a worldwide network, is reducing overhead through synergies and is one of the few companies that is seriously working towards portability and reducing cash burn. Most of the sector is reckless.

As the share prices have dropped there is now a relatively reduced downside and a bigger upside. The big short position contributed to the big drop in share price. The massive short position will now result in forced buying in the future that can result in a serious spike in price as it happened in the last run. The last spike was triggered by short-covering. it can happen again. The short covering can repair some of the serious damage caused to the share price. Some may even consider going long on this stock and increasing their shorts on weaker stocks in the sector. There are very few stocks that you can speculate on in this sector. This is definitely one of them along with ETF Hmmj

This market share battle will end when low-margin companies eventually go out of business. Some have destroyed and will continue to destroy their shareholders in the process. The trend in the sector is to buy overpriced revenues buy overpaying for money-losing companies. Short sellers have a good reason to short such companies.

Canada

Short Positions for TLRY TMX

Symbol	Report Date	Volume	Change	Shares Issued	% Float
T : TLRY	2021-12-31	8,596,128	-6,762,801	446,156,841	1.93
T : TLRY	2021-12-15	15,358,929	7,177,687	446,156,841	3.44
T : TLRY	2021-11-30	8,181,242	36,711	446,156,841	1.83
T : TLRY	2021-11-15	8,144,531	469,408	446,156,841	1.83
T : TLRY	2021-10-31	7,675,123	6,910,057	446,156,841	1.72
T : TLRY	2021-10-15	765,066	-7,371,738	446,156,841	0.17
T : TLRY	2021-09-30	8,136,804	755,759	446,156,841	1.82
T : TLRY	2021-09-15	7,381,045	-515,690	446,156,841	1.65
T : TLRY	2021-08-31	7,896,735	-1,516,008	446,156,841	1.77