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Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol operations, which encompasses the production, marketing and sale of beverage alcohol products. The Distribution operations, which encompasses the purchase and resale of pharmaceuticals products to customers. The Wellness products, which encompasses hemp foods and cannabidiol (CBD) products. The Company offers a portfolio of adult-use brands and products and expands its portfolio to include new cannabis products and formats. Its brands include Good Supply, RIFF, Broken Coast, Solei, Canaca, HEXO, Redecan, Original Stash, Hop Valley, Revolver, Bake Sale, XMG, Mollo, and others.


NDAQ:TLRY - Post by User

Comment by DuDliedingleon Sep 09, 2024 11:25am
49 Views
Post# 36214792

RE:Ahhhhh - I see. What you’re saying is

RE:Ahhhhh - I see. What you’re saying is
Keeler wrote:

saying is that is that in order for the averaging strategy to work, the share price has to go up? 

What happens though if - like Zenabis, Hexo, Medmen and Nevada Copper - the share continues to decline and never does increase?

Do you lose your $12,000? Or are quinlash, Ventura and moamoocoua correct when they say they never lost because they never sold their shares?

It seems this 'dollar cost averaging' is better suited for a RRSP than penny meme stocks

 

Comment by charlie007on Sep 09, 2024 9:12am
6 Views 
Post# 36214487

RE:Let me try to explain the famous

He will have approx $250 in his investment account after 12 months for a 98% loss, and then as regulations change and international sales increase and craft beer becomes great again the price climbs to $40 over the next 36 months he will eventually have approx $60,000 for a 500% gain


Is there such a thing as penny cost averaging?

Asking for a friend who has a couple sheckles. 
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