RE:RE:Same story......different SongHello Mr. Hevin......Have we met before on a different forum? Your name does seem familiar to me. In any case, good move on your part to have partially divested yourself of this position, some time ago. But unfortunately, i do agree with you should have sold the entirety of it. It's still not tool late before the same end comes to Tilray that came to Canopy. Though not as indebted as Canopy is, Tilray still does carry quite a large amount of "soon to be" unservicable debt. So they will attempt to get rif of it or reduce it substantually, and they have only ONE or TWO options......both bad for s/h. As you can see the end results with Canopy. Tilray has already started the process with their "surprise" developemnt last week.
Remember Mr. Hevin, and for others too in the same situation, hanging on to a losing risky position like Tilray isn't just one fold, it's a double whammy. One, you lose by holding as your posittion decays further into nothing AND two, it's a huge opportunity cost. Whereas instead of your money working generating a return elsewhere.....it's being evaporated into nothingness in this losing proposition.
As for "being hard" on holders, i'lll be honest with you Mr. Hevin. We were all "naive" & inexperienced novice investors at one point, so i do undertand in this case. But NOT all Tilray or other Pot stock investors are newbies. Many are seasoned investors who are either ignorant or obvlivious of facts or their situations. Others just pump or bash for thier own purposes & motivations. Some, a very small minority actually try to help other investors navigate the markets. I fall in the latter of those categories, and try to help & make folks understand with no bias OR ulterior motives. I hope i've clairfied my intents here for you. But like anything in life, the choice in the end is always yours....
GLTA