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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

Post by quinlashon Dec 06, 2024 2:56pm
125 Views
Post# 36349889

RE:These CIBCs who are causing trouble at TLRY with these ch

RE:These CIBCs who are causing trouble at TLRY with these ch"investing massively" is a mistake newbies make.  Purchasing all the shares you can all in one shot does not leave you cash on hand to buy additional shares should the price drop from where you first bought.  

If you chop up your total budget into smaller parts the you go in lighter with the option to add on a dip (or multiple dips).  Once you hit your budget number you can go into hold + wait mode for the max time you are willing to remain in place.

When it comes to setting a budget I keep hearing $10k being tossed around, that's total nonsense for anyone first starting out.  Think in terms of pay checks.  Invest based on some multiple of your own paycheck (or just a portion of one).  

If worse case happens then you lose X # of paychecks which you can recover over time but it's not crippling.

Short positions are for those with more money than brains IMHO but that's more than I want to type out right now

JMHO 






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