Post by
quinlash on Jan 25, 2024 11:14am
Let's Looks at both Sides Shall We
Duster's Comment:
#1 all analyst have it as a hold, we all know that a hold really is a sell.
Q Reply - Buy / Hold / Sell are typical sentiments by analyts. If they really meant sell they would rank it as sell. Sorry, that seems obvious to me.
#2 the current stock price is at the very top of the target price.
Q Reply - Who's price target? There are so many to pick from anyone can find higher targets. The sport of doing this on the forum is boring now so look for as many as you like, they amount to "best guess" IMHO as the market is actually what sets the price.
#3 worst sector to be in
Q Reply - Subjective comment at best. "Best" and Worst" depend on where you like to start and end a trade. Do you want to be starting a Long position in the Hottest Sector or one that is being overlooked? If you trade Short do you want to cover on the lows or back up on Highs?
#4 heavy debt + high interest rates
Q Reply - Bank of Canada holding steady and rumored to be lowering rates on next review. High rates are something Margin players need to look at. Try this rule -> Only Trade with Cash.
#5 no us legalization (and may never happen if republicans get into power)
Q Reply - Legalization is taking longer than expected, yes, however State by State it is making progress with it being reasonable to speculate that this will eventually force Federal Level Legalization at some point, regardless of Party in Power.
#6 way to many pot companies
Q Reply - Clearly this is taking care of itself. Competition will challenge the weaker players into either folding or being bought out by others. You can pick whichever Company in the sector which you think will survive the market challenges. Clearly there are those banking on Tilray Brands, including insiders who are showing recent buying activity. I will also add that Tilray Brands has absorbed no less than 5 pre-existing Cannabis companies on it's own.
#7 the black market
Q Reply - Likely to be around for a long time however being snuffed out slowly. Legal Cannabis will place serious challenges on the BM as consumers will shift to legal supply rather than support criminal organizations. This is also true when the price of legal / safter supply is very close to that of the BM
Comment by
CaneIsAbel on Jan 25, 2024 11:22am
Correct. Pure trolling account paid for short distort. Not just TLRY...which is why for the most part I stay out of its lane. It's currently trolling 3-4 boards. Nothing important to worry about not much intelligence programmed on this bot. Tilray Brands investors need not worry with Dust, that's where Fox was 100 percent right.