Mar. 13 at 4:08 PM
$TLRY looking through other tickers in the sector didn't give me much hope—implied volatility for Aurora in June—but it reminded me of another ticker I followed for years,
$PETZ—this is a company that kicks the can down the road on its financials every chance it gets: in Sept last year, they announced their annual meeting for last day of Oct; 2 weeks after, they report half of their fiscal year results; it's now March, and they haven't released any other news, this company has basically been running on the fumes of one crackpot genius accountant since COVID, but hell they did numbers Jan 1-Jan 31 this year (30% gain)...
I don't trade pennies anymore (except Tilray pre-split), but I have always consider Tilray to have the momentum of
$ALXO and the financial acumen of
$PETZ.
Hopefully, Tilray can deliver on retail's hopes and fumes sooner than later.