RE:Ya, This StinksVinny57 wrote: However, releasing results on a Monday can be a good thing. We shall see on the 9th. After more than 6 years, 2023 may be the year for me to lighten the load. You can't keep your fingers crossed forever. Our stategy is now hope .......... and that is NOT a good strategy. Fingers crossed for the 9th. ......... I hope.
I agree with you . This really does stink ,,, the whole stock market stinks right now ,,
although the Marijuana sector is getting kicked down the most , It's an easy target considering
it's a new industry struggling with all the hurdles to try to get over,, ie , no advertising , no banking
assistance for struggling companies to keep them going or for them to expand... over taxed ,
and mostly not being able to sell Marijuana drinks in all the places as beer is sold ( bars ,restaurants)
A lot of companies are at their 52 week lows right now .not just Tilray
The Nasdaq is hovering around their 52 week lows right now,!,, down - 5,259 ( - 34 % )
Even well established companies that you would not expect to be hovering around their 52 lows
Ie .. Tesla is down - $ 261 ( - 68 % )
Apple is down - $ 47 ( - 26 % )
Just a couple ,, the list is too big to name them all
Tilray for me is like watching a bad movie that I've been watching hoping it gets better and now
I am going to watch to see how it ends ,,,, ( hopefully it has a happy ending )
Hopefully Germany will legalize marijuana in 2023 and get the ball moving and other European
Countries will follow,,l
The Untied States will eventually legalize,, at federal level,, in my opinion they will not have a choice
Right now 21 States are legalized for recreational and medical
8 States are talking about legalizing for recreational in 2023
37 States are legalized for medical
At this rate mostly a lot of the States will become legalized and the Federal government cannot
ignore what people want and will want in on the lost tax dollars
Vegas