Tilray Brands Inc. (NASDAQ:TLRY)

Strategy Session April 27th, 2020

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TLRY Weekly Chart

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  • vitoB: $TLRY above all ma's again. im long
  • DrScience: $TLRY in talks with $TAP for some of Molson-Coors craft beers. This strategy at Tilray has been a bright spot for the company since anybody can grow primo bud in the back yard, but craft beers aren't brewed in the bathtub at home. Momma just won't allow it!
  • DavidK: @DrScience $TLRY $TAP they have a seasoned CEO as well . One day this stock will pop up for a 3-4 bagger
  • camaro69: $CGC,$TLRY,$MSOS getting some buying
  • DavidK: $TLRY- the old saying , when the going gets tough , people start drinking eating and smoking . Tilray has you covered .
  • Bert953: @DavidK $TLRY smoke em iffn ya got em
  • bigbartabs: @Bert953 $TLRY ... probably a lot of smokin' going on this morning.
  • vitoB: $TLRY hod after initial profit taking on eanrings...big growth in beverages
  • scottrades: @vitoB $TLRY Watching $MSOS as well for a move above the 50 Day. Still in congestion.
  • DavidK: $SFM - up big on earnings .6-10 % grower Pe of 30 . Doesn’t compute in my book . Mentioned by Carter Worth as one to stay away from . Bought Sept 100 puts. $TLRY- I like it but lots of memory at the $2 level to chew thru . $SFM - up 28% on those puts so far .
  • vitoB: $CGC dumpin after hours purchase, still holding $TLRY
  • Henry: $TLRY remember this one, just reported and up 7%. It's a penny stock these days.
  • bill52: @Henry $TLRY bouncing to 12% now. market seems to like the ER so far. they've diversified a bit into beer and some other things so perhaps is smoothing out their P&L and Balance sheet some. https://finance.yahoo.com/news/tilray-brands-reports-record-financial-200500221.html
  • vitoB: @bill52 $TLRY ...yea buddy... just picked up a starter in $CGC in after hours on some potential pin action
  • Henry: @bill52 $TLRY My success in THC investing can be sumnarized by this
  • bill52: @Henry $TLRY Love it! They don't make movies like that anymore.
  • vitoB: $UAA long spec in this and $TLRY, UAA had a downgrade premarket and has been bought
  • vitoB: $CGC and $TLRY percolating...still long the latter
  • bill52: $TLRY $CGC $MSOS pot stocks just lit up my screen. can't see any news at moment. anyone? maybe another legalization rumor?
  • Henry: @bill52 $TLRY $CGC $MSOS At the risk of alienating some, JD Vance supports legalization of MJ and he is Trump's pick for Vp
  • Henry: $TLRY $CGC $MSOS
  • DavidK: @Henry $TLRY $CGC $MSOS alienate some ? Thats the problem with the country . You should be able to mention anyone’s name without fear of being ostracized. Contrary to beliefs , markets do care about political issues and we should be free to discuss . Now , go roll that joint JD 😂
  • vitoB: lookin at names that held green or flat price int this last 15 min zig zag...$CGC $TLRY ...political talking points? ...$WOLF clear support at the 22 level, $MBLY 25.50 support level ...Scotts $BROS $AMZN....Kathy woods $PD...np in any except for $TLRY spec
  • vitoB: @traderbren $CGC ...also $TLRY im still long this one
  • traderbren: @vitoB $CGC $TLRY FYI - The US Department of Justice is planning to issue a notice of proposed rulemaking Thursday that would reclassify marijuana to a less-restrictive category, Politico reported, citing two Biden administration officials familiar with the decision.
  • vitoB: @traderbren $CGC $TLRY ...both parties need to find votes and revenue somewhere...this is so flippin easy imo
  • lance1161: @vitoB $CGC $TLRY Doesn't matter to much will be wasted anyways currently. Bought $ACB couple weeks ago glad to see it up on todays pot news
  • DrScience: $TLRY is getting in on the Meme stock action.
  • Nepenthe: $TLRY Don't know why, but it popped this morning. Cheers.
  • Nepenthe: @DrScience $TLRY Now that's timing for you. And by the way, I wanted to thank you for mentioning $AA yesterday. I might have been a tad late, but I'm profitable. Cheers.
  • DrScience: @Nepenthe $TLRY 👍 $AA 😎 $AA got a boost from Biden Administration increasing tariffs on Chinese aluminum, steel, and minerals.
  • DavidK: @DrScience $TLRY $AA only took 3.5 years to do it . Amazing , Trump was doing it immediately and people cried foul . Now , copycat Biden Admin pulling out all the stops in an election year
  • Wolf: @DrScience $TLRY $AA I thought we were trying to decrease inflation. This should make CoG go up...
  • vitoB: is today a $TLRY day? still long but $MSOS at the bottom of the box
  • vitoB: $CGC back down to that trendline...np here but still trading around $TLRY half position from before spike
  • DrScience: $TLRY grinding around, having trouble just below the 200 DMA as Floridians contemplate a ballot initiative to legalize recreational marijuana. https://www.marijuanamoment.net/florida-gop-formally-opposes-marijuana-legalization-ballot-initiative-clearing-path-for-desantis-to-fund-counter-message-campaign/ Ganja weed... [it] Smells like Teen Spirit! https://www.youtube.com/watch?v=hTWKbfoikeg
  • DavidK: $TLRY - man it did what I thought it would overnight . It got “ stoned “ today . Might buy some . I did
  • DrScience: $TLRY higher on news DEA is moving to reclassify Ganja Weed as less dangerous drug.
  • vitoB: @DrScience $TLRY lets go baby! starter was now full size with out even buyin any!
  • DrScience: @vitoB $TLRY Just because... https://www.youtube.com/watch?v=eSdNMRtvq5g
  • DavidK: @DrScience $TLRY nice clip ! Biden pulling out all the weapons to get the vote with less pot restrictions. I had 2000 common shares last week and sold for a small gain just because . Got tired of looking at it . Kind of like pulling that 8 iron out knowing it’s the club then changing to the 9 and coming up short .
  • DAN: @DrScience $TLRY Your next entry is $2.53
  • Nepenthe: @DrScience $TLRY Just got back from a mountain ride in the glorious Sierra, and wondered why my account was up so much as the few positions I had were all stopped out, except $TLRY. Better to be lucky than good some times. Cheers.
  • vitoB: @scottrades $MSOS bought some $TLRY as placeholder
  • DavidK: $TLRY- bought yesterday for the long haul . Was trading down near 5 yr low . More than just a pot company . Good CEO with successful track record of growing smaller companies .
  • bill52: @DavidK $TLRY good move. I picked some more up yesterday as well. it seems to swing well on the rumor mill for pot re-classification.
  • vitoB: added to $TLRY goin green half
  • vitoB: $TLRY yesterdays high of 2.26, lookin for it still long
  • vitoB: $TLRY bad earnings, but terrible to just bad is of interest to me as a 59er...$MMYT also 59er
  • Henry: $TLRY stinking up the joint on disappointing earnings
  • vitoB: @Henry $TLRY yep...i feel i saw most people here take profits before earnings like myself, ive been back in building a position at 2.10. above open of 2.18 could start to chop back...
  • MongosPawn: $CGC $TLRY Continuing to bounce off of the 8dma.
  • camaro69: $CGC,$TLRY,$ACB,$MNMD working in the mind altering sector
  • DrScience: $TLRY at 2.54 is hanging out, consolidating a 60% run off the lows from early March in the double-top area from the first of the year. Speculative traders have their heads in the clouds on potential re-scheduling of marijuana and a "woke" Florida Supreme Court's ruling that voters -- What do they know? -- should be allowed to decide in a ballot initiative to legalize the ganja weed for (unsupervised) adult personal use. At OMM, we have 2.50 Covered Calls expiring on Friday and $4.00 Covered calls expiring on the 19th. Earnings are set for APR 9 BMO.
  • Onthemark: @camaro69 $CGC $TLRY $ACB $MNMD Started $MNMD on 3/15 low $9 range. Will wait for the pb and future bounce with this big move today.
  • MongosPawn: $TLRY Taking some off the table here. Earnings scheduled next week. Have a cushion so will be holding some through earnings.
  • Nepenthe: @MongosPawn $TLRY I did the same. 56% gain in little over two weeks, not bad. The weekly chart looks great but you're right, I'll wait until after the earnings show. Cheers.
  • MongosPawn: @Nepenthe $TLRY Nice gain. Congrats!
  • Nepenthe: @MongosPawn $TLRY Well, it was a tentative trade, with tentative dollars and tentative adds, hence tentative profits. But I'll take it. Cheers.
  • camaro69: $TLRY,$CGC,TCNNF,$ACB Cannabis staying strong
  • jonwest88: @camaro69 $TLRY $CGC $ACB $MSOS bought yesterday a smidge to start
  • vitoB: $TLRY dtrade long 2.26 starter
  • DrScience: $TLRY As Eddie Murphy would say... Another banana in the tailpipe! https://www.marijuanamoment.net/gop-senators-tell-dea-to-reject-marijuana-rescheduling-arguing-it-would-violate-international-treaties/ Three Republican senators are urging the Drug Enforcement Administration (DEA) to reject the top federal health agency's marijuana rescheduling recommendation, arguing that it would put the U.S. out of compliance with international treaty obligations and make it harder to ensure that other countries continue to enforce drug laws, "including for deadly narcotics like fentanyl."
  • vitoB: adding to $TLRY dtrade
  • vitoB: @vitoB $TLRY ...takin 3/4 off
  • vitoB: all out of $TLRY, could still go , but wanna keep it green
  • DavidK: @vitoB $TLRY I sold 50% this am around 2.26. Sold this weeks 2.5 calls for .09 few days ago on the other 50 % . take my shares at 2.59 is ok with me
  • vitoB: @DavidK $TLRY ...nice...$CGC is really the vol winner in this bucket , didnt expect this to triple the performance again
  • Nepenthe: @scottrades $MJ FWIW, one sector breaking out is pot. Might be worth watching. I'm in $TLRY. Haven't checked others, but it's breaking trend. Cheers.
  • scottrades: @Nepenthe $MJ $TLRY I've been seeing some chatter about PotStocks again online... $MSOS looks interesting!
  • joelsg1: @Nepenthe $MJ $TLRY In $IIPR, 7% yield while we wait for $104 break out.
  • Nepenthe: @joelsg1 $MJ $TLRY $IIPR I've wanted to own $IIPR at various times, but Merrill won't let me. Same with $FBTC, $IBIT and others. Strange, it'll let me trade $MSTR and $COIN and the miners, but not the ETF's. Anyway, I'm paying for my laziness in not having opened an account elsewhere. Good for you, however. Cheers.
  • joelsg1: @Nepenthe $MJ $TLRY $IIPR $FBTC $IBIT $MSTR $COIN Don't understand, $IIPR is a stock, a REIT, not an ETF.
  • Nepenthe: @joelsg1 $MJ $TLRY $IIPR $FBTC $IBIT $MSTR $COIN Yes, I know, I but digressed into the realm of other securities which are blocked by Merrill due to 'high-risk 'categories, whether individual stocks, REITS, ETFs, etc. I imagine I could call and perhaps place a trade with an agent, but then they'd charge for it, and getting through is not always easy. Personally, I don't understand fully why some securities are considered high-risk, and others not. I trade triple ETF's which are more risky than $IIPR, and prior to the trade there's a warning but they are not blocked. Oh well, and so it goes...cheers.
  • joelsg1: @Nepenthe $MJ $TLRY $IIPR $FBTC $IBIT $MSTR $COIN Strange. Used to keep a Merrill account in the hope of getting access to IPOs, worked sometimes, but not for years.
  • DAN: @Onthemark $TLRY $USAP $CRH $GTLS $CCL Note: $CGC and $TLRY really moved on Friday. These might be ones to watch. Big move, on big volume. Probably SWD potential: “Swing Traders Delight.”
  • MongosPawn: $TLRY Bumping up against the 200 dma. Nice volume. Added.
  • DavidK: $TLRY- moving up . Bought some at 1.90 last week . Not only pot , lots of alcohol.
  • MongosPawn: $TLRY Shares of cannabis stocks are trading higher after the German government approved cannabis legalization.
  • Onthemark: A few of mine doing well today: $TLRY, $USAP, $CRH and $GTLS. I also like the set up in $CCL pre-earnings.
  • Nepenthe: @bigbartabs $TLRY Well, speaking of the 'pot' solution, Tilray's got a little gummy juice going today. I forget who in the forum mentioned it last week, but I got in then. For me, I'm on mirtazapine. Nothing else worked. As we see from all the various responses, everyone's body reacts differently to the various supposed remedies. Cheers.
  • Nepenthe: $TLRY Up another 14% today following a "White House roundtable on marijuana reform." Frankly, I wish they'd all start smoking some. Anyway, it hit the underside of the 200ma, 2.02, at which point I sold half, and if it breaks above, I'll buy it back with the 200ma as support. Cheers.
  • Onthemark: @Nepenthe $TLRY Very good volume too. This might be a change of trend and started a position.
  • camaro69: $TLRY trying to move off the bottom
  • DavidK: $TLRY - going up as well . Must be some positive pot news although Tilray has lots of alcohol products
  • DavidK: @bigbartabs $PFE just sold before I saw your post . Thanks bought more $ TLRY. These pot stocks ($TLRY actually has lots of alcohol brands ) are spring loaded . There seems to be some encouraging developments regarding govt release of some studies . I like Tilray ceo as well . Good track record
  • Nepenthe: $TLRY Quite an earnings ride. NP, but watching. Cheers.
  • DavidK: @Nepenthe $TLRY I bought 1500 shares few weeks ago . Selling up aide calls each week or month depending on premium until this takes off . Good Ceo and own a lot of alcohol brands . Not just pot
  • Nepenthe: @DavidK $TLRY I've followed your posts on TLRY and appreciate your insights on it. I actually took a small position at today's low and consider it a purely spec trade for a 2024 rebound candidate. Cheers.
  • DrScience: $TLRY Some refreshing news plus rants, raves, and market info about the ganja weed and the cannabis lifestyle ... https://www.benzinga.com/markets/cannabis/23/07/33197505/tilrays-riff-cannabis-brand-launches-new-thc-beverages https://www.marijuanamoment.net/congressman-tells-dea-to-reschedule-marijuana-as-swiftly-as-possible/ https://www.benzinga.com/markets/cannabis/23/12/36215426/tilrays-solei-takes-tea-to-a-new-level-with-three-premium-cannabis-infused-blends https://www.benzinga.com/analyst-ratings/analyst-color/23/08/33851097/the-battle-of-the-pre-rolls-which-cannabis-company-is-canadas-number-one Tilray earnings on 1/9 BMO
  • bill52: $TLRY $MSOS $CGC pot stocks just took off like a scared cat. must be something in the rumor mill or news, but can't see anything at the moment.
  • Nepenthe: $TLRY Nice move today. Added. Could be a turnaround story for 2024. Who knows. Just playing the bounce at the moment. Cheers.
  • bill52: @Nepenthe $TLRY Yes, another nice move on very strong volume pushing it solidly above the 200ema. will see if it can maintain that into the close. note of caution, earnings are on Jan 9 before the bell.
  • Nepenthe: @bill52 $TLRY I knew they were around the corner but hadn't looked for the specific date. Thanks for that reminder. Cheers.
  • Onthemark: @champ $GTLS $JPM #News-flow #might Been long $GTLS, also liking other longs $SPRY, $TLRY, $HTZ, and $OLLI
  • champ: @Onthemark $GTLS $JPM $SPRY $TLRY $HTZ $OLLI #News-flow #might....Real nice and I'm also holding $OLLI and it is my #largest-position.....and I will check out those other 3....Good Luck!
  • MongosPawn: $TLRY Perky recently with volume.
  • DrScience: $TLRY broke the 200 DMA on Wednesday and fell back on overall market selling. Today, the stock broke above the 200 DMA *AND* the resistance trend line established. It might be worth taking a position on a pullback with a stop below the 21 DEMA.

    I d ...
  • MongosPawn: $TLRY Trying to break up on volume. Added.
  • Firemedic: @wineinquirer $AMZN $ELF $AMZN $AMZN $TNA $TZA $BYON $BYON $BYON $DNUT $NFLX $ARDX $NXT $ARM $INDIA $INDA $VKTX $KLG $VKTX $KLG $ARDX $AAOI $CCJ $ARM $ARM $ARM $ARM $LULU $LULU $LULU $LULU $LULU $LULU $TNA $UPRO $WFRD $ARIS $VIX $VIX $SPY $QQQ $VIX $ ...
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Stock Price $1.26
Change 8.62%
Volume 38,163,900

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