u/Adventurous-Bench-83

In two months, it will be under a dollar. Irwin Simon is going to sell this stock back to RS levels.

Short sellers are pushing the valuation down toward zero, but Tilray itself is flooding the market with more shares, driving its own market value toward zero as well.

What is there to say about a board of directors that promised to create shareholder value, yet is doing the exact opposite?

They announced an ATM (At-the-Market) program , which is essentially an open invitation to short the stock to zero.

It’s as if the company is guaranteeing shorts a supply of shares to cover with. Now, the shorts and the company are driving the value down together—you have to wonder, how much does the board actually hate its own shareholders?