Tilray Brands Inc TLRY

Anybody Else?

[Vinny57]

Who out there has been pondering this?  The share price has now dropped back to the $16 again Canadian (of course). I have been meaning to pick up a few thousand shares to use as traders. However, here lies the delema. IF the vote reaches the 50+ percentage I believe we will see a modest gain, perhaps back into the $17s or at most into the $18s. However, IF the vote does not pass, all confidence in management will be out the window.  IF that is the case, investors will bail and I think we are headed into territory that will barely reach double digits. So in conclusion, I don't think picking up a few extra shares at this time (before Friday) would be a wise decision.

[av8tor42]

do we see 15's tomorrow...i'll average up

[BudFoxx2020]

I honestly feel Tilray is in a no win situation here at the moment.  If it is approved, it means dilution.  As you know once the markets hear the word Dilutioin, the sp will take a hit no matter what in the short term.  If the vote does not go through, management loses face and investors lose confidence, share price takes a hit.   This is just my opinion.   I am

[Vinny57]

I gotta agree with you. Although, prior to actual dilution, there may be a momentary rise in the share price until that happens.  I too am sitting on the sidelines.

[Duster340]

Fliped it a couple of times today, but now also out waiting for the vote. does anyone know when the results will be out?

[BudFoxx2020]

NEW YORK & LEAMINGTON, Ontario--(BUSINESS WIRE)--Tilray, Inc. (“Tilray” or the “Company”) (NASDAQ | TSX: TLRY), a leading global cannabis-lifestyle and consumer packaged goods company, today convened and then adjourned the Special Meeting of Stockholders intended to approve two shareholder proposals: (1) a proposal to increase the authorized number of shares of common stock (“Authorized Shares

[Duster340]

[Positivelive1]

If the votes are 50.1% it does not mean dilution!, Dilution only when action is taken to do a purchase! And why is TLRY in a no win situation? Facts please?  I think TLRY will be in an enviable situation with sufficient resources to capitalize on opportunities!  

[Vinny57]

Thanks for stating the obvious Einstein. BudFoxx already spelled it out for you. Try reading his post again.

[CaneIsAbel]

Positive good post.  If we purchase MedMen which can later utilize our ultra efficient high technology cheap cost of growth for the highest quality cannabis in all its retail stores. In return for the shares we spend to purchase the notes for MeDMen which is no where near the 240 million share approval people seem to think is happening here, we gain all the lucrative licenses and retail

[wideopenthrottl]

This post has been removed in accordance with Community Policy

[BudFoxx2020]

Apha/Tilray.  Few cents away from 52 weeks low.  Just amazing how many people think they are seasoned investors but in reality have absolutely no clue about the markets.  Btw the markets are always forward looking.  This is why the sp is near 52 weeks low because of the impending dilution.  Dummies really believe once the dilution is announced the markets will wait till