Based on the analysis of TLRY- the fundamentals/technicals look good, really good.
Revenues are in a heavy up-trend YOY, Extremely high revenue growth potential, profitable in the next 2-3 years, product diversification, and many more.
To me personally, the addition of Aphria was a great decision. Tilray is now a mega cannabis company. Aphria was the #1 cannabis company on the planet in terms of raw financial performance. These two powerhouse companies are going to lead the charge in medicinal cannabis.
Legislation appears to be in the favor of cannabis which will ultimately reverse this long term negative down-trend.
However, with all of those positive characteristics in mind, Tilray is being shorted to Shanghai. Why? Is it for the monetary gain of people who can afford to short companies?
Short term: With investors tripling down on short bets as shown on bloomberg, things could get interesting. I believe that retail is in control of this play. Can we get it back to 150$ where it belongs?
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June 5, 2021 at 07:06PM