Pure paid promoter nonsenseTilray's 'fundamentals' are not that great - debt was reduced by $6 million and q over q and done by paying debt with issuing more shares
To suggest Tikrays share price drop relates to TRumo, who was elected a week ago - doesnt quite explain the continual price drop in the previous yeat, two and three years when Trump wasnt President.
Regardless of party, a single official does not have the power or authority to bypass the process - and that includes crazy RFK, although being stoned would explain why he drove around with a dead bear cub in his vehicle, went to dinner - then put the carcass in the park with a bicycle.
Do you honestly think you've 'discovered' that Americans are in favor of legalziation? THey have been for years - as shown in countless polls - not in the 'opinion' of a failed investor like quinlash
Post by
quinlashon Nov 16, 2024 11:24am 
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Post# 36316438
RE:Maybe Simon should just give up
Based on the stock's fundamentals and the positive trends in the company's net revenue, the paying down of debt and advancements in the EPS number I would venture to say that the CEO is progressing the company well. The recent weakness in SP showed up when Trump took office.
Trump appointed pro-cannabus RFK Jr as head of the FDA which ironically could expedite cannabis legalization in the US at a much faster rate than if the Dems had won.
IMHO the US wants to see legal weed (based on state level progress) and that it will benefit the lives of many as an alternative to illicit drugs and for the medical benefits.
The sector currently is driven by emotion vs logic + stock fundamentals. Personally I plan to hold and continue to await US legalization when large institutional investors will finally be green lite to invest in these companies and lift the SP back up to reasonable multiples.