RE:I agree Duster, after Tilray released it's Q2 financialsKeeler wrote: on Januray 9 - share price dropped:
Jan 8 $ 3.12
Jan 9 $ 2.83
Jan10 $ 2.69
Jan 11 $ 2.54
and THEY reported an increase in alcohol sales of 117% !!!!!!
Comment by
Duster340on Mar 07, 2024 3:30pm 
14 Views
Post# 35921217
RE:Q3 financials out in a couple of weeks
Keeler wrote: I wonder if a guy should wait for another drop?
Comment by
Oldweedon Mar 07, 2024 10:24am 6 Views
Post# 35920376
RE:it is clear
Duster340 wrote:tilray is eventually heading to its all time low of $1.99 (support level), that may be a good time to pick up shares to play the flip game.
I am more inclined to expect a new low, then dilution after with another big leg down. I wish I felt other wise but it is what it is, Tilray is years from generating amy real profits, if ever.
probly a good idea to wait and see what the financials show. a much better company cura is down over 6% after there financials
Like Duster said, for a quick flip maybe, but Tilray is heading full speed into a wall on shakey legs to risk taking on any long position. How on earth is this company going to play catchup in the USA and find the cash to buy a tier 1 MSO? I get the craft beer angle, but how realistic is that inputting a dent in the tier 1 market? It is a good sign the craft sales could help fund some expansion, but nowhere near enough to fund both the US and Europe. That leaves major dilution as the only option, while the competitors will continue to improve their bottom line. Tilray has yet to figure out their MJ model for profit!