Post by
quinlash on Nov 02, 2024 9:26am
RE:Tilray being sued - again
Looks like a desperate BS lawsuit, likely funded by the same group that hired trolls to trash the company on forums.
The company used shares to fund acquisition deals that substantially increased revenues, allowed the company to pay down debt and now has the EPS the closest to positive it has been in years.
Shares are trading under book value. If a large investor moves in to purchase shares the short cover process will likely squeeze the shareprice up higher than where shorts can cover at a profit.
IMHO we have a big (and desperate) short on the stock who feels cornered. These players are under contract to buy.
Investors of Tilray Brands are likely holding shares worth substantially more than what they think is even possible.
JMHO/DYODD
Q
- Long on TLRY
Comment by
charlie007 on Nov 02, 2024 2:32pm
what group hired trolls to trash tilray or forums? so ridiculous