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Tilray Inc (Extended Hours)

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TLRY trade ideas

Tilray to ALL TIME HIGH!Im looking for a full legalization of marijuana in the whole western world by 2025. America and Canada first. Then Mexico and Europe will follow. Tilray are the largest company in the sector with the most contacts and legal paperwork in place. This company will be the largest stakeholder in the market and I believe a market cap of 100B USD isnt an exaggeration. We're around 4B market cap today so that would take the company from ca 25 usd to 625 usd. = NEW ATH. This is a long term investment where you should put part of your monthly salary in. Its a company in a growing sector (pun intended) and it will continiue to grow until at least 2030. Marijuana has 99 more uses than 1(getting high) which will also drive this market to even higher market caps in the future. Marijuana and hemp can for example be used as BIOFUEL, building material, clothing, and so on. It has unlimited uses and is ENVORIMENTAL FRIENDLY. Weed will be the new gold in the future.
NASDAQ:TLRYLong
by tinkthank
7
CANNABIS BACK TO THE MOON?This is not an advice. Just my thoughts about Cannabis stocks. I personally believe in the product too and the market to grow. Tilray is going to merge with Aphria on 14th of april and on 21th of may they will tell their earnings in a report. I hope to see a retest this week to the 23 area. After a break of 23 we can see more up to 30 or even higher. It's also possible it will stay more around this 20 area just like the past two weeks. Be careful because it is a really volatile stock. Set your SL wide enough because this stock moves with ease + or - 6% per day. I wish everyone good luck and safe trading.
NASDAQ:TLRYLong
by megustadinerow
1
TLRY Buy opportunityHello traders, as we see cannabis stocks are being beaten down however fundamentals have been improving. It has become apparent that a merger is very likely for Tillay and Aphria. While other companies like canopy growth are announcing to be profitable it seems like the industry is turning around. There can be many reasons why this market is so volatile. One significant one can be option rollovers due to the new option chain that will be available for investors post merger. When looking at which funds are holding cannabis stocks you can see famous names like Goldman Sachs investing into cannabis which I hadn't seen before. Looking at technicals we are sitting on a very important support line and with Aphria announcing earnings on Monday we can see where we are heading to. My prediction is that when they announce good earnings they will run up again. Legalization news will also give this industry some momentum so I believe good things are ahead despite the stock being at the pit of despair.
NASDAQ:TLRYLong
by Tradewizard122
2
Volume, Buzz, Big Developments -- That is What to Look 4Take this with a grain of salt, but it seems like that would probably be the best time to go big if you really wanted to invest in the sector and play off of these potential Biden legislation developments. I mean, just one look at new cannabis ventures' front page will show you that the sector is still hot, as you can still see all these new deals, buyouts, and equity offerings closing all the time -- lots of activity. I started following the sector in 2016. That was considered the 2nd wave of investing activity, I believe, following the first wave in 2014, but I`m just going off memory. Driving the buzz back then was the California legalization vote, which also drove Canadian marijuana stocks into a sharp, high volume bull trend as well. You saw companies like Aphria, ACB, CGC, Mettrum, and many others beginning to close large private equity offerings in the summer (2016), offerings that increased in size into the 3rd and 4th quarters. The sector then went on to explode in late 2017, 2018, with many of the larger companies buying up land and assets oversees, a practice that brought on allegations of insider dealing. But looking back, I remember very clearly when the MJ bubble popped, and it was when Session and the Repubs came into office. Once the bad news dropped, there was still hope, even with the D`s out, that maybe the R`s would eventually come around anyways, but unfortunately that`s not what happened, and Sessions would soon go on to revoke the Cole memorandum. This, of course, crushed sentiment, for how could legalization ever take place with an administration that had taken such a hard line approach to drug legalization reform. Hence my recent interest in MJ lately. It was MJ legislation delays that broke the bubble--many people at the time expected the D's would legalize, even in 2016 (canada had just legalized in 2015, so with many states already legal, and cali being the 5th largest economy in the world also recently legal, it seemed logical)--and if this is the case, it should be MJ legislation that starts the next bubble. If the next legislation induced bubble is what one is aiming for by investing in MJ, then the best way to catch that bubble seems to be to wait for a MASSIVE increase in volume, social media activity, and, most importantly, key news developments, preferrably in the legislative arena But, again, as always, take this with a grain of salt! just my cents/opinon! Cheers
NASDAQ:TLRY
by stocktradez6