The Sky is Not Falling What Im shocked with and obviously was wrong. We emulated CGC today, if you compare charts. Down the same %. Just like the old days. CGC ER not good...sell cannabis.
You have to remember they were Top Dog. Lots of volume still passes through there...10's of millions
However, they sure didn't emulate TLRY on the way up.We have been hovering around $1.00-130 on CGC forever, until ER and PR. Sitting around $2.20 now.
I'm sure there were other factors as well but, the above caught my eye.
TLRY's fundamentals haven't changed, they just got better lol (ER and PR) That's why it's up 75% from 2 weeks ago.
Up 18% since PR.
Cannabis is a risky investment, not for weak knees. You have to do what makes you feel comfortable. Buy, Sell, Hold - only 3 options, any which way you like.
My last buy was at $1.65. I will continue my investment and buy, on my own DD. Would have to be some pretty bad news, to carry out my sell option and what is it??? All I hear in every article, news, videos, chat boards etc...is positive TLRY.
This board has completely changed from the sugar highs of Aphria when cannabis was legalized. Just like the Canadian Cannabis industry and Global industry has changed...It matured.
No plane spotting, train spotting, toe totting...
Facts only and of course you have to think of what might come next, if you follow the fundamentals. Dare to dream and do your DD. The Sky is still up there.
Cheers,
V