Go Time

5 days ago

This is the bounce we've been waiting for.
We have entered buy the dip mode on Tilray.
As long as we hold above $8.80, I'm bullish.

Biggest risk is that Trump 180's, but my longstanding theory has been and still is that the government is saving cannabis legalization for the next big downturn. Next depression? Legalize weed and then the working class won't revolt.
There are signs in the oil and debt markets that are saying this is beginning now. Just beginning.

9 hours ago

Trade active

Bought some at $11
Bought more at $12
Will buy more if we fall back into that range or lower.
This will be a VOLATILE ride. If you are not prepared for 2016 crypto action here in cannabis, you best leave now and go buy your buddy's favorite etf or give your cash to the bank. I am not trading Tilray, I am investing in Tilray. Their company is positioned very well for long term, recessionary, operations. Meaning; Their beer business is a recession play that also feeds their bottom line and provides cash flow for the company to operate while weed is still a federal issue. I like their beer. It's actually pretty great, and very fun to see Tilray PUB Beer knowing I own their stock and am contributing to their revenue by buying their beer! Cool!

If cannabis is deregulated, even at only the banking/tax level, federal decriminalization will come.
The cannabis companies know the game now. Once they have banking access and tax breaks, THEY WILL BRIBE THE POLITICIANS. They will bribe them and weed will become legal when the next downturn hits because the next downturn will last for a decade.

Imagine you're the leader of a country, and that country starts going poopie doopie, as in civil uprising poopie doopie. You probably wouldn't like that if it was your head possibly on the block. What could you suddenly legalize that would make everyone more relaxed, forgetful, not concentrated or motivated to really do much....?

Yep.
It's not complicated.

It's usually so simple that normal folks second guess themselves to the point of thinking they must be imaging things. Meanwhile the thing that popped into their head within 3 seconds of considering "Why?", is exactly the reason.

7 hours ago

Note

Tilray is listed on the NASDAQ, therefore the stock will be sold along with the index which we are seeing now.
If you look at the charts overlaid, Tilray is going up when the Nasdaq is going sideways or up.
People will want somewhere to hide their money somewhere though, so dips should be bought unless the market thinks Trump is not serious.