Post by
quinlash on Aug 12, 2024 1:12pm
RE:Looks Like…
First off you are mistaken to think insiders on a company would trade short positions on their own stock. You can also review the insider trading reports to see that each transaction made by the insiders, they are required to report all trades.
Short position on TLRY has been reduced from 15% and short shares available has increased, indicating shorts buying back / covering and likely taking profits. To say they are switching from short to long is anyone's guess however it's likely some portion are indeed doing so.
Fintel has a running short report that updates hourly. You can literally see that the shorts are backing off.
Should the company provide an update on the US Acquistion here in the coming days we may finally see the breakout that investors have been waiting on
Comment by
Coloradobuff on Aug 12, 2024 1:50pm
I'm long tilray but what are you talking about USA acquisition?