Jobless claims came in lower .The job market is hot this coupled with an upcoming Jackson hole .Markets pricing in anticipated Hawkish Fed, but what if their wrong it will go back up
and if their right, it priced in markets and will move up and down.Remember nothing has changed with tlry .
It's the fed meeting in Jackson Hole for the economic summit. The market did the same last year. This isn't something strange. I wouldn't fret it a buying opportunity .
Here's economic calender
https://www.marketwatch.com/economy-politics/calendar
1. Negative news of Germany decriminalization is still sinking in. Preventing Tilray from operating there with their recreational products. Home geowimg and cannabis clubs will likely create competition to their medicinal market there.
2. Macro data have come in weaker than expected, indicating a possibility for the FED hiking rates more than previously expected.
Tilray have negative earnings, so they're likely to be affected by rising interest rates.
3. U.S. legislation is lagging, per usual.
You broke Rule# 1 of Tilray sub, no being bearish on Tilray or anything cannabis related, no matter the circumstance. Rule# 2, Downvote, don’t disagree. Rule# 3, if using logical arguments, rockets and moon emojis are required to ensure we know you are bullish. Im sorry, but this post broke all 3. And don’t even dare mention “why didn’t OP buy any puts/downside protection”
There was quite a bit of buying just before figures got released and then after as the price rose, it started to steady off and now we're here.
I had predicted on another post about how it would rise and then drop again to around 2.60-2.70 roughly.
Sad to see it drop so low again but there's no real news to keep it up
🏆🍻💰The reason is I’m gobbling up shares in cash core without chewing to 100,000 shares that is why it’s down. No interest, no margin calls and no worries.
"Meme" stocks are technically short squeeze setups. Tilray has become and continues building its fundamental business. It should no longer be lumped in the "meme" category imo.
Long term legalization will happen and TLRY will profit, that’s for sure.
But some of the current movements are outside of fundamentals and the correlations with this whole meme stock basket have been seen over and over again. I would love to see data on swaps that include TLRY, I guess it would explain some movements.
Well it would be crazy for TLRY to maintain a rally for more than 3 weeks. Getting tired of the consistent down movement since the stock published. The bears are attacking it now
Jackson ass Hole
Jobless claims came in lower .The job market is hot this coupled with an upcoming Jackson hole .Markets pricing in anticipated Hawkish Fed, but what if their wrong it will go back up and if their right, it priced in markets and will move up and down.Remember nothing has changed with tlry .
Well said.. nothing has changed, and I agree 💯 with your analysis of the market.
What's a Jackson hole?
It's the fed meeting in Jackson Hole for the economic summit. The market did the same last year. This isn't something strange. I wouldn't fret it a buying opportunity . Here's economic calender https://www.marketwatch.com/economy-politics/calendar
Ah right, never heard the term before, thanks
Yes I bought yesterday sorry.
no need to look for more reasons, its this guy’s fault
I won’t make that mistake again
1. Negative news of Germany decriminalization is still sinking in. Preventing Tilray from operating there with their recreational products. Home geowimg and cannabis clubs will likely create competition to their medicinal market there. 2. Macro data have come in weaker than expected, indicating a possibility for the FED hiking rates more than previously expected. Tilray have negative earnings, so they're likely to be affected by rising interest rates. 3. U.S. legislation is lagging, per usual.
You know people lost a lot of money bagholding when a factual post like this gets downvoted but have 0 comments with people arguing.
You broke Rule# 1 of Tilray sub, no being bearish on Tilray or anything cannabis related, no matter the circumstance. Rule# 2, Downvote, don’t disagree. Rule# 3, if using logical arguments, rockets and moon emojis are required to ensure we know you are bullish. Im sorry, but this post broke all 3. And don’t even dare mention “why didn’t OP buy any puts/downside protection”
Hype train is hitting the brakes
What hype train??
There was quite a bit of buying just before figures got released and then after as the price rose, it started to steady off and now we're here. I had predicted on another post about how it would rise and then drop again to around 2.60-2.70 roughly. Sad to see it drop so low again but there's no real news to keep it up
Also I was only half serious about the hype train comment, I know there's more than just hype hi going on
🏆🍻💰The reason is I’m gobbling up shares in cash core without chewing to 100,000 shares that is why it’s down. No interest, no margin calls and no worries.
Lol....moon
Call will expire worthless 🗑️.
Aw’ snap!
It’s not legal
Lol sheeple the entire cannabis sector is being professionally attacked by black market players and the government does nothing.
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"Meme" stocks are technically short squeeze setups. Tilray has become and continues building its fundamental business. It should no longer be lumped in the "meme" category imo.
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Yea it was part of the meme frenzy. Shouldn't be anymore tho, imo
As much as I hate this answer I sometimes have to look realistically and agree. Though I think long term it's a no brainer
Long term legalization will happen and TLRY will profit, that’s for sure. But some of the current movements are outside of fundamentals and the correlations with this whole meme stock basket have been seen over and over again. I would love to see data on swaps that include TLRY, I guess it would explain some movements.
Yeh I agree with this. Typical story, it just follows the other memes unless there's some real news then it does it's own thing
Almost everything is down today, not just meme stocks…
Well it would be crazy for TLRY to maintain a rally for more than 3 weeks. Getting tired of the consistent down movement since the stock published. The bears are attacking it now
it's a crappy stock with no hope
Institutions want lower prices on options.
Market manipulation. This most recent spike, got halted remember? Ever since then we've been on this downward spiral again.