Do you not follow the cannabis sectorat all, magnitude?
Plus .08 cents today on your 'low hanging fruit' - completely ignoring the .09 cent loss yesterday.
Oh yeah, Tilray is on it's way.
Please readers, look at more than top line revenue. Check the gross margin - that has been falling, check cash flow, check the $1 billion in impairments - check the cash burn on dead craft brewers, check market share loss in Canada, check continued dilution and yes, check German medical sales - I told you before that longs were going to be dispaointed in the reality of German legislation once implemented.
Post by
Magnitudeon Jun 26, 2024 2:07pm 125 Views
Post# 36107445
Seen this coming
tilray was past the extremely undervalued point and still remains heavily oversold. Like everyone else 4th quarter is going to be strong as tilray enters 1st quarter of 2025 and profitability so we are seeing accumulation of low hanging fruit today. 2025 will see $1B in revenues with lots to look forward to