The capitulation and disappointment I saw after TLRY earnings on thursday makes me think the weedstocks bottom is close. People that have been holding for years sold : 1- At a new all time low (emotionally shaked out by a 10% drop after already enduring worst) 2- TLRY recovered the losses shortly after during the same day in terms of stock price movement 3- Potential catalysts on the way , election and S3 and weedstocks seasonality. Selling now is irrational but I understand the pain. Carrying a...
$Starbucks (SBUX.US)$ face strong competition from McCafe $McDonald's (MCD.US)$ and brands from $Keurig Dr Pepper (KDP.US)$ in the low-end market. The culture value of $Starbucks (SBUX.US)$ is proven to be an illusion day after day. Chinese cutomers are not buying starbucks. There are myriads of good community coffee shops and high-end coffee shops in north america.
People that have been holding for years sold :
1- At a new all time low (emotionally shaked out by a 10% drop after already enduring worst)
2- TLRY recovered the losses shortly after during the same day in terms of stock price movement
3- Potential catalysts on the way , election and S3 and weedstocks seasonality.
Selling now is irrational but I understand the pain. Carrying a...
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