yolong

Low liquidity at the bottom changes the game.
Sellers disappeared — the supply is gone.
Shorts lost their ability to control the tape.

Now the price waits for one spark —
an institutional buyer or a short-covering wave
and the move up becomes explosive.

High risk — but almost entirely on the short side.
Let’s see who blinks first. ???

If you’re still short after the reverse split…
You’re not “smart money” —
you’re just the last one holding the grenade. ??

Good luck finding shares to borrow tomorrow…
Float: 112–116M only.
Tick… Tock… ⏱️?

Short sellers — enjoy your final day of free supply.
Tomorrow: tiny float, big consequences.
Good luck covering. ?

TLRY — Short Sellers Are Running Out of Road as the Reverse Split Approaches

Tilray has been a playground for short sellers for far too long — inflated float, endless borrow, easy pressure.

But that era is coming to an end.

With the imminent 1-for-10 reverse split, several core dynamics flip overnight:
• The public float shrinks dramatically
• Borrow costs and margin requirements on short positions can explode by thousands of percent
• Short sellers are walking straight into a margin trap

Now here’s the part most traders are missing:

Tilray did not aggressively tap its ATM following the post-earnings spike.
We saw trading days with 300M+ shares in volume and a price above $2.00 —
the perfect environment to raise the full remaining $51M under the ATM with minimal market impact.

If the only goal was dilution and survival, they could have easily:
• Dumped the ATM into that liquidity
• Raised the entire ~$51M quickly
• And closed the program out

But they didn’t.

So the real question is: Why didn’t Tilray fully use and close the ATM during that spike?

In my view, the logical answer is this:
Those remaining $51M of ATM capacity are being kept in reserve for institutional capital,
likely timed for one to two trading days around or after the reverse split, when:
• The float is much tighter
• The per-share price is higher and more institution-friendly
• Institutions can come in through a controlled raise, instead of chasing in the open market

In other words, the company appears to be positioning itself for stronger, long-term institutional holders —
not for another round of easy shorting on a bloated float.

Meanwhile, short sellers are stuck:
• They built oversized positions when the float was huge
• The float is about to contract sharply
• Borrow, margin and recall risk are all set to spike post-split

? The party is over. The bill is due.

Holding a large short into a reverse split with a shrinking float and a still-unused $51M ATM that may be structured for institutional entry
isn’t “high conviction” — it’s reckless risk management.

Post-split, every borrowed share becomes more expensive, more volatile, and harder to control.
Anyone staying short into that setup isn’t just fighting sentiment —
they’re fighting math.

Only bitter short sellers are spreading nonsense here.
The float is shrinking by 10x and they’re under massive pressure —
otherwise why waste their time posting here?

If they’re so confident in their short position,
they should sit back and “enjoy” it in silence.
But no… they’re sweating. ?

Numbers don’t lie — and soon they’ll be forced to cover. ??

TLRY — Short Sellers Are Running Out of Road as the Reverse Split Approaches

Tilray has been a playground for short sellers for far too long — inflated float, endless borrow, easy pressure.

But that era is coming to a sudden end.

With the imminent 1-for-10 reverse split, several dynamics flip overnight:
• The public float shrinks dramatically
• Borrow costs and margin requirements will surge — potentially by thousands of percent
• Short sellers are about to face a margin nightmare

And here’s the key part most people aren’t paying attention to:

Tilray did not use the ATM during the massive spike following earnings.
We saw trading sessions with 300M+ volume and a price above $2.00 —
the perfect liquidity window to unload 51M shares if dilution was the goal.

But they chose not to.

Why?

Because — logically — those remaining 51M ATM shares are likely reserved for institutional entry,
timed strategically around the split, when:
• The float is tighter
• Valuation becomes more attractive
• Institutions can take larger positions without crashing the market

It’s clear the company is positioning itself for stronger hands to step in — not retail shorts betting on failure.

Meanwhile, short sellers are trapped in oversized positions built when the float was bloated.
Now the supply is drying up — and the leverage is turning against them.

? The party is over. The bill is due.

Post-split, every borrowed share becomes significantly more dangerous to hold.

Anyone staying short into this event isn’t managing risk —
they’re gambling against math.

TLRY — Critical Misunderstanding About the Reverse Split

A lot of traders are reacting as if the reverse split means massive dilution is coming.
That assumption is completely incorrect.

Tilray’s ATM program still has ≈ $51.6M remaining.
Before the reverse split, that represented ~50M+ shares of potential dilution.
After the split? That same amount equals only ~5M shares.

➜ 10× less potential dilution
➜ Far less firepower for shorts
➜ Short thesis severely weakened

On top of that — this move wasn’t done out of desperation.
It was a strategic repositioning:

✔️ Bring share price into institutional-friendly range
✔️ Improve eligibility for funds and ETFs
✔️ Restore credibility and demand from large buyers
✔️ Reduce volatility from penny-stock trading dynamics

Combine that with the latest positive net income
→ TLRY now looks structurally stronger, not weaker.

Shorts priced in chaos.
Instead — they got a reduced dilution profile and a setup for institutional inflows.

Not a new dilution, just a refresh.
Tilray’s latest SEC filing isn’t about launching a new ATM – it’s simply extending the shelf that was already there. Only about $51M left on it (down from ~$96M), which means they already raised a chunk recently and probably won’t tap the rest anytime soon.

Also worth noting: the resale part? That’s mainly for Double Diamond, who got ~13M shares last year at around $1.80/share. They’re now cleared to sell up to 8.6M… but that still leaves them holding ~5M shares. If you think about it, why would they dump at just 15% above cost if they see bigger things coming?

Looks more like groundwork being set for something positive rather than a red flag. ??

2.93@??

Earnings won’t be the game-changer here — the real driver will be guidance and future expectations. We’ve shifted gears into a new phase: accumulation is behind us, momentum is building.

Technicals confirm the move: golden cross in place, strong volume, RSI/MACD remain bullish. Higher lows are set, resistance levels are being tested.

On top of that, major institutions have been steadily increasing their holdings — a strong sign of confidence.

In my view, we’re heading toward fresh highs — NIO looks ready for the next breakout.