RE:RE:RE:Tilray shareholdersThe performance of a company is shown in the QTR reports, not in the SP movements.
Back when Canada legalized some of the Canadian MJ companies had marketcaps that were on par with Microsoft however back then these companies were nowhere near profitable.
Today (the survivors) are edging up to profitability with the lowest marketcaps in their recorded history.
The above is clear evidence that shareprice movement is not a reliable indicator of performance.
Short positions back at the peaks were the order of the day and likely produced the best return for traders. Today, as companies like TLRY are tracking EPS towards positive and eliminating debt, it's Long positions (IMHO).
The market is never without risk however the highest risk is to sell short while the lowest risk to buy long and hold.
Not financial advise but it is how I see it and why I'm holding onto my own shares.
Best Regards
Q
- Long on TLRY