RE:Market Sure Loved The Q2 ResultsAlwaysLong683 wrote: Down over 9% today.
How much market value did you bulls with your pockets full of TLRY shares lose today?
CEO Irwin Simon continues to destroy shareholder value with quarterly losses while collecting his $25M annual compensation. Maybe he can overpay for more assets in 2024 to further boost the revenue numbers while continuing to preduce net losses per share quarter after quarter....?
I looked over others within the Sector, overall it was not a great day for any of the Cannabis Stocks. Folks have been promoting OGI and Cron here on the forum and they were down as well so tell me how those folks are any better off ?
In terms of Making / Losing Money, neither profits nor losses are real until you exit a trade or investment. While I am sure someone exited at a loss today the reality is at whatever price they sold at their shares were picked up by another investor / trader, either starting a Long Position or Covering back on a Short.
Here's how I see it -> Your Investment is either
UP or
DOWN at any given time.
Folks who think that investing in the stockmarket is easy are simply fools and when they are down they think it's "only them" who are waiting for better days. The reality is that many Pro Investors can be down on an investment for an extended time period. The difference is that a Pro is patient, more patient than the majority and that is a big factor in them seldom ever taking a hit on anything.