RE:RE:ResultsBudFoxx2020 wrote: There is more pain to come in the sector. I believe once Canopy is finished and bought out for around $2 by constellation, then Tilray will have a better chance. The results were not good. Market share dropped further to 10.2% from 12.8%. With no US legalization there is just no hope in this sector. The only bright side here is a lot of these companies will go bankrupt or taken over for pennies. Tilray will be one of the few remaining. They pump this up today to lure in more suckers, next week, it is going right back to square one. New bag holders will be created today. I see one final flush coming for the whole sector heading to the end of the year and that will be the demise of Canopy. Be patient, good times ahead next year. JUST TRADE THE VOLATILITY. Pay attention, any time you hear news about legaliztion, Buy then sell before the Market close. Wash, Rinse, Repeat. It is a suckers game trying to average down or buy and hold in a bear market. I have been saying this for the last year and everything I have said have happened. Cheers.
I certainly can't disagree with you.