ICE

curious_investor007

The core observation here is real — the spread between Dated Brent (physical cargoes) and Brent futures is historically extreme. Dated Brent hit $144.42 on April 7 (all-time record per S&P Global Platts), while June futures were around $95-109. As of last week it was still ~$30-35 wide. But the trade thesis has some critical mechanical problems. Settlement doesn’t work the way OP thinks. BZ (CME Brent futures) cash-settles against the ICE Brent Index, which is derived from a cascade of forward contracts — not against Dated Brent directly. Dated Brent prices prompt physical cargoes for delivery in 10-30 days. Futures price delivery months out. These are structurally different instruments. Morgan Stanley’s commodities desk put it well: these two prices are connected but they don’t measure the same exposure in time or at the same point in the supply chain. There is no mechanical forcing function that pulls June futures up to match today’s physical spot price at expiry. BNO tracks futures, not physical. BNO holds front-month Brent futures and rolls them. If futures stay at $95 while Dated Brent is $130, BNO stays at $95-equivalent. The $60-70 target only works if futures converge upward to physical — which requires the supply disruption to persist or worsen through June. That’s a directional geopolitical bet, not an arbitrage. The spread isn’t manipulation — it’s the term structure of scarcity. The physical market is pricing “barrels available right now” (extremely tight, Hormuz still effectively closed). Futures are pricing “barrels expected to be available in June” (assumes some normalization from the ceasefire). The spread between Dated Brent and futures is called the EFS (Exchange for Swaps) and it reflects exactly this time dimension. If the ceasefire holds and Hormuz reopens, futures at $95 could be the correct price while physical at $130 reflects a temporary dislocation that resolves. Could OP still make money? Sure — if you believe Hormuz stays closed and the ceasefire collapses, crude rips higher and BNO calls print. But that’s a war bet with a defined thesis, not a convergence arb. Call it what it is. For anyone wanting to track the physical price: S&P Global Platts publishes the official Dated Brent assessment (paywalled). Free alternatives include the EIA Brent spot series on FRED (fred.stlouisfed.org/series/DCOILBRENTEU, delayed) and CNBC/Bloomberg articles that report the Platts numbers. Disclosure: No position in BNO, BZ, or crude oil.

Happy-n-Healthy

Plus using ICE to deport his best friends ex-wife and then the dad kidnaps the child from Brazil and brings him to the US....oh man.....I think it's joever [https://www.youtube.com/watch?v=nGx22-yM6KE](https://www.youtube.com/watch?v=nGx22-yM6KE)

ReddiGod

Libtards finally have a path back to embracing ICE.

Moepenmoes

Stay right here I'm calling ICE

SolomonKings7

WTI is down 90 USD on hyper liquid: https://app.hyperliquid.xyz/trade/xyz:CL It will be interesting to see the CME and ICE futures next Monday

Trashlify

No ICE

ShittyUsernane1222

🥭 cucked US economic and stock market growth by being a insufferable prick towards US allies, creating an army of insufferable pricks called ICE and enacting every possible regressive economic policy imaginable from tariffs to regressive taxes, encouraging corruption which undermines trust in the US.

Snoo23417

ICE has been alerted that a Canadian alien is inbound for US waters.

Regular-Hotel892

Not to what you seem to think it will. I recommend you read the ICE Brent Index settlement methodology. Regardless you have still yet to tell us what the actual trade is.

Regular-Hotel892

So this obviously isn’t an ARB… this is just being long OIL BNO basically holds BZM6. BZM6 settles to the ICE Brent Index. Which isn’t just the physical price of oil at that time. It’s a combination of many things, primarily including the forward paper market (further BZ expirations). There is no way to capture the spread between paper and physical oil. Even if you own thousands of barrels of oil you have to be able to beat the carry cost already implied in the futures market

Valkorion335786

"What is the charge? Buying puts? A succulent put on SPY? Get your hand off my penis! I see that you know your judo well." \- u/Valkorion335786 after he loses it all shorting SPY and gets arrested by ICE

Electrical-Box-4845

If SEC decide doing something they are not true patriots. ICE will substitute them

tgff333

WH just posted a thirst video on ICE agents saying they are hot. 🤮

BlackKnightsOptions

CPI is going to match estimates on everything. Trump probably has a troop of ICE agents "keeping them safe" at the BLS lol

bearhunter429

#My neighbor was a ber so I reported him to ICE. Just saw them take him away in handcuffs and his wife is crying. LMAO🤌

hazed-and-dazed

If 2 immigration agents have a baby, will it be called ICE ICE baby?

zitrored

You sure it wasn’t ICE? Easy mistake.

BarciNandosChicken

I got interested in it when they were discussing ICE body cams a few months ago, but the valuation metrics just looked way too rich for me and I think it's down 30% since then. They are essentially police state + AI, so they will pretty much just have to live in court and be hated by the general public. I think some of this was about inaccuracies in their AI summaries threatening the SaaS viability of their tech

migure_2025

at least, it is not ICE.

rwc5078

They told me to go to ICE I am afraid to call them

CraftyPerformance272

Reddit was more mad at the 2 ICE protesters killed in the USA rather than the 30,000 protesters Iran killed. Iran threatens its citizens to form human Shields and Reddit cheers

Asclepius-Rod

Maybe we can send all those new ICE agents over there and see what happens

Mean-Evidence-4056

\*Walter Bloomberg u/DeItaone 4/9/2023 JOE BIDEN SPOTTED AT ICE CREAM SHOP. VANILA WITH SPRINKLES.

bulldozer_66

This will cause others to make different choices. I predict that some countries, specifically in the global south and Pacific rim, will accelerate their conversion out of oil where they can in response. Long term the gasoline market is slowly shrinking as countries convert out of ICE vehicles a little bit at a time. This will push people to speed that up when they can. Why would anyone in sub-Sahara Africa bother with big power plants and such when a wind+solar installation would be cheaper and more self-reliant? Similar to when these same countries ditched landline phones because cell phones showed up and sped up their transitions without all those wires.

Brilliant_Object_847

LMAO poorly run piece of ice. As opposed to the greatly run piece of ICE.

FelixMumuHex

REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!! President DJT

svpa3991

Someone tell mango we got ICE at home. Leave poor Greenland alone

Sweaty_Platypus69

lol.. the next crisis: Greenland? "REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!!" - truth social.

Not_KD_I_Promise

The people of Greenland are begging and pleading for us to bomb the ICE that has trapped all of their beautiful precious metals, but NATO and the radical Denmark regime do NOT want Greenland to be rich.

Anxious-Pear4200

Thank u Donny, fking up everything the free world ever believed in for a long time. Destroying trade agreements all round the globe, isolating yourself and burning tax money for senseless wars. Proeject 2025! Were right in it guys! But there will be no happy end, like in Steves book. "NATO WASN’T THERE WHEN WE NEEDED THEM, AND THEY WON’T BE THERE IF WE NEED THEM AGAIN. REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!! President DJT!" He attacked without any consent. And drove the world economy into death. This is leadership at its peak.

horseisahorse

>NATO WASN’T THERE WHEN WE NEEDED THEM, AND THEY WON’T BE THERE IF WE NEED THEM AGAIN. REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!! President DJT >[Apr 08, 2026, 7:31 PM](https://truthsocial.com/@realDonaldTrump/116371693008302124) grandpa's mad at NATO again

mackey88

“NATO WASN’T THERE WHEN WE NEEDED THEM, AND THEY WON’T BE THERE IF WE NEED THEM AGAIN. REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!!” -Distraction? Finish your Iran before staring your Cuba or Greenland.

Noble_Bastard

NATO WASN’T THERE WHEN WE NEEDED THEM, AND THEY WON’T BE THERE IF WE NEED THEM AGAIN. REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!! President DJT

Independent-Tree-985

> NATO WASN’T THERE WHEN WE NEEDED THEM, AND THEY WON’T BE THERE IF WE NEED THEM AGAIN. REMEMBER GREENLAND, THAT BIG, POORLY RUN, PIECE OF ICE!!! President DJT Jesus Fuck this guy

Public-Custard-6438

Nice try ICE

awesomefutureperfect

Knock wood but I think it is going to be an absolute shit show especially with ICE being his private army.

HoodRattusNorvegicus

So they were unlawfully arrested, but then aquitted. Meaning the legal system actually works. They did not end up in a ICE camp for months, refused their medication before getting deported.

ChickenYip

trump got ICE working TSA security& israel gona launch a false flag in USA

Fat_tail_investor

I’m not saying his behavior or actions are okay, but (thing being a stock market sub) if you are trying to analyze his actions to form trade ideas you need to model a non-rational actor. So many people were certain that tomorrow was going to be a day of bombing Iran and that today would be a blood bath on the markets because of Trumps tweets. Those trades were a mistake, I took the opposite side. As a Mexican raised by undocumented family members I am acutely aware of the ICE raids, and have donated funds to ImmDef and other organizations. But my strong dislike of Donald Trump has no factor on my trades. My only goal when interacting with financial markets is to make money.

HoodRattusNorvegicus

Really? I live in Europe and are not experiencing the «police state» righ wing lunatics are talking about. There is however massive disinformation campaigns, supported by Russia and now US, to bring down European democracy in favor of the far right in several countries. Vance was in Germany in support of these anti-democracy lunatics and now in Germany. Thats the huge issue in Europe. I do agree that Europe needs to grow some balls and realise that America is no longer a trustworthy ally, and fight this far right movement. Americans seems to allow Trump and his regime to constantly attack any media that writes anything negative. Weaponizing FCC to take down shows, and the modern day SS forces, ICE are literally executing people in the streets.

Environmental-Top862

Chinese EVs will eat Tesla's lunch. They have already won, and the next 10 years will see the end of Tesla as an international brand. They have not only won the EV race, but they have hammered in the last nail in ICE production, too. And, y'all are forgetting his 'wrong side of history' foray into right-wing politics. Pretty stupid move for a genius...

Wings_in_space

It is not even a Pyrrhic victory... It is a temporary cease fire. Nobody lost, nobody won... in two weeks everyone has moved on... Or so he hopes... Expect more ICE violence, more SAVE bs... More election bs...

ddrsdght

Send him 2-3 years ICE detention center and forget

jxx37

Fine if you are sitting in America and white. Not sure if your country is being bombed or ICE is marauding in your neighborhood to do casually ignore him

Important_Expert_806

Attempted to enrich for decades? I thought it was immediately threat? ICE murdered civilians.

glutathionegod

Hey Bears, looks like ICE CUBES are back on the menu! 🫵🤣🧊

qqeyes

What’s the over/under on this “cousin and niece” of the ayatollah or whatever that ICE deported are actually just some random iranians laura loomer stalked on twitter?

favorite_time_of_day

We're still in a partial shutdown over the ICE budget, and you think congress will agree to fund Trump's war? They will not.

Fearless-Willow-1977

ICE, attacking countries without rightful cause, putting dictators in place to control oil and other resources. The US prisons kills people all the time, the police too. It’s 7 times more murders in the US than Europe - but let’s not change a thing about this great country 🤣🤣🤣

confused_teabagger

Being detained by ICE

imunfair

Just have ICE deport him to Cuba, easier.

Portlandiahousemafia

I still don’t get the TACO thing, we are literally at war with Iran and tariffs have increased across the board, ICE is in the airports and Trump is actively ignoring the constitution.

Fastr77

Oh they all have ICE on their chest now

Haber_Dasher

I don't think the people who elected Trump voted in all the Democrats who have been sitting twiddling their thumbs while the president violates the Constitution daily. The only complaint they've had about Trump's illegal militarism & war crimes is that he didn't ask them first. They have been making literally zero effort to actually wield power. Remember when they backed down on the Big Beautiful Bill while they were winning the standoff and now everyone's health insurance is way more expensive? Remember how even in Minnesota the Democrat governor & Democrat mayors never once ordered local police to protect the citizens from ICE's illegal behavior? How the police actually protected ICE? How ICE murdered people in broad daylight she no one was arrested, no one in leadership told the police to arrest anyone. If the Democrats had any courage in their so-called convictions they would have used their authority to force a confrontation, force the constitutional crisis of one law enforcement agency mass arresting another, force ICE to consider if they're as willing to open fire on police as they are innocent civilians. But the Democrats have exhibited nothing more than breathtaking cowardice & incompetence.

prohammock

I live in Minneapolis. I’ve been within a foot of multiple BORTAC fuckers in full combat attire. You don’t need to tell me about ICE. 

AlaskaExplorationGeo

You might wish otherwise when ICE starts trying to put anyone who disagrees with them in camps

Grand-Print-743

If i upvote this before visting the great US of A will the ICE agents detain and execute me?

Electronic-Frame-364

Ok I'll let Todd know after he gets out of the ICE detainment facility for having the wrong color skin

D4nCh0

So far it’s USA’s European & Asian allies’ stock markets suffering more. Since USA is effectively energy independent. What’s at stake is US hegemony. USN blue water navy makes global shipping possible. There’s less reason to accept that hegemony. When it’s doubled, now tripling fuel costs. Iran just needs to get a barrel above $150. Then hold it for 2 to 3 weeks. Rural Asia running on ICE will shutdown, then naturally riot.

Safe-Wonder1797

There is a difference between accepting defeat and giving your enemy exactly what he wants. What you are describing is a present to Trump. Trump wants an uprising so he can declare martial law. He has been actively trying to provoke it with ICE in cities and states that oppose him. The rest of the world will be even more fucked if America is a full-on North Korean dictatorship under martial law with no hope of ever getting rid of that orange piece of shit and his simpleton cult. Right now, the best chance for us to defeat him is to let him continue to erode his own support and then vote against his party in November. If he fucks with our election then our there is a legitimate reason for escalation. And hopefully in the meantime the world will continue to isolate the U.S. and make us suffer the consequences for Trump’s decisions.

8-bit_heartstrings

I did my best. I didn't vote for this fucker twice; I was loud and warning this would happen. "You're overreacting. We need to give him a chance." It didn't matter the warnings from all the NJ and NY contractors who've done business with him; it didn't matter that he used to be a Democrat before he switched over, because the Republican ideology gave him more money and more power It didn't matter that we got a preview of what happened the first time; that should have been MORE than enough ample warning from his first term not to put him back in office. They still picked him over a woman. We went through COVID because of his negligence. I watched both my mom and sister die. Neither got to have funerals due to the shutdowns by HIS negligence. I have nowhere to mourn for them to this day. Now I have to worry every day that I'll end up in a camp or worse because I'm registered as a democrat, a woman who chose to not have biological kids and has autism. Because with all the horrors going on, there's still so much worse shit here that slipped through the cracks. ICE isn't going to just go after immigration; they are Trump's secret police. No one is safe.

ThaDude915

I tried man. I voted against the motherfucker every time, and I'm a white male veteran with a highschool diploma. I'm the exact demographic that is supposed to like him. He showed us who he was long ago, and people are too stupid or too unaware to believe it. I know people say we should be rioting like the French, but its hard man. Our Police shoot us. ICE disappears people. We lose healthcare if we dont work. I absolutely hate what we're doing right now but i feel powerless to stop it. The Dems aren't doing shit either. The Govt is bought and paid for by the corporations / Oligarchs

Hairy_Technology_213

That’s because they all joined ICE and are busy putting abuelas in chokeholds.

0xBorisjohnson

We would love to serve tacos today but unfortunately our grill chef is currently being detained by ICE

Sloober--Dog

They all work for ICE now.

Flashy-Finger-8600

Mango wil send in ICE to open the strait, it’s not Minnesota bruh

disciple1956

Who feels this is why the top brass are let go to retire? Because refuse to follow illegal orders. When are Congress growing their own integrity? This house of cards will Falkland hard? Also who feels the Concentration camps are JUST for illegal and brown people who most are citizens? Can you see his ICE army rounding us all up for disobeying? Why does he need so much money for them? Let's watch but also act with our voices

lysergalien

ICE would check for illegal aliens but they're too busy at the airport

kal14144

It’s sir 🥭 and if you don’t say sir you get raided by ICE

papasmurftp

He should literally just send ICE to ground invade Iranistan. isn't beating the shit out of brown people literally their job?

irradiatedcitizen

Fuck outta here with your lies. Right wing oligarchs own the media. Fascists are the ones censoring people. Books are being banned by moms for liberty and turning point and other conservative idiots.  Even CBS got bought out by the right wing and is taking Colbert off the air even though he has the highest ratings in his time slot.  CBS news had a piece about the el salvador blacksite immigrants are being sent to by ICE and the right wing owners cancelled it and prevented it from airing. Fascists gonna fascist. 

pineapplekiwipen

which position do i apply for in ICE to be put in charge of re-educating soleimani's niece

DoctorDividend

interesting, I have a Tesla and had the same thing happen, got 1 tire just like an ICE car, your buddy must be really gullible

Jagged_Tide

“You can’t protest or you get shot” Like protesting ICE in America? Maybe Iran should regime change the U.S.?

BrainLate4108

Women are already subhuman with GOP laws. And ICE locks more people up than the Iranian government. But thanks for playing bot. 🤖

sweetplantveal

Maybe more ICE funding will help?

Anxious-Pear4200

Well, thats to late, pitchforks against AR15 by ICE isnt a good match. TOO LATE!

flyboy130

In the revolution rich land owners and buisnessmen raised militias made of the poor to fight the British for taxing them too much. After the war they remained poor. MAGA cries that they dont want to pay liberal taxes while owning all the buisnesses. The civil war was oligarchical rich white slave owners who's buisnesses were threatened by the "woke" Yankees threatening to take their slaves away so they convinced poor whites to die for them and/or stay poor because at least they weren't black slaves. MAGA has done the same thing with their racism and fear mongering of immigrants. "They took r joorrbbbssss" (working in the fields, cotton or strawberries...neither paid a fair wage). The conquer of the American West and Genocide of the Native Americans...again for money, land and resources controlled by the wealthy with the poor getting just enough poor quality land to use their "hard working values" to pull themselves up by their bootstraps...while they produce for uncle Sam. The industrial revolution was all guys just like Trump, Musk, Bezos, etc only it was Rockafeller, Ford, Carnegie, and Vanderbilt...we called them robber barons then. Now we call them oligarchs...workers litetally fought wars against private armies that these guys hired. Those dead workers unions are the only reason we have weekends and minimum wage at all even if its not enough. Trump and republicans are deeply anti union, fight min wage and benifits increases, expect you to pay taxes while they don't...oh and Trumps son's name is...Baron... It is a nod to his predecessors, the robber barons. In WW2 we put Asian heritage citizens in concentration camps with no recourse or representation because "foreigners are dangerous". ICE...same shit... It has been this way always. But people forget and the victor writes (or rewrites) the history...Between all those phases there were periods of advancement and decency. They will return again. Trump isnt new. He (and those around him) is just our worst self. As a veteran your last point is accurate...

ConversationPale8665

How on Earth is he still the president. I’m watching morning news “ This Week with George Stefanopoulos” and they haven’t mentioned this tweet once!! This is not normal! It’s Easter, he’s threatening war crimes, he’s desperate, threatening a country of 90 million mostly innocent civilians to be “living in hell” wtf, and praising Allah (huge WTF?), and the news is acting like it’s a normal news morning. We gonna talk about ICE, and fucking mid-terms and the Supreme Court, like no big deal? This tweet should be grounds for impeachment. This man is not capable of leading.

Emotional_Goal9525

Seems like his health is declining rapidly. Not sure if they are still gonna go through with the coup. At least Hegseth is still purging army and they are arming ICE to be a paramilitary force.

McKoijion

Soleimani’s daughter says Rubio and ICE arrested complete strangers by mistake. Lol even if they are related to him, it’s pretty obvious they belong in LA: https://nypost.com/2026/04/04/us-news/soleimanis-sultry-grandniece-led-lavish-lifestyle-touring-america-as-her-mom-promoted-iranian-regime/

slavaukrine

Because all the republicans know the game is up and the only way they stay out of jail is win the election. So instead they are going to try to use ICE and the military to round up people before the election. Why else would they be building detention centers in every town and county in the country.

madtowneast

Until ICE, USPS, federal agency, etc. won’t let people vote

ThisOnes4JJ

considering the way ICE has operated this has been pretty obviously their stance for awhile. that stance being: the cruelty is the point

NewlyOld31

ICE arrested solemanis niece and grand.niece. You just know mango going to try and use them as leverage. This shit ain't ending any time soon. Solemani is dead lol

TJMBeav

Is there really any doubt how we open on Monday? Futes open down about 30 points on the S&P. All evening the futes drift lower, sniffing 0.75% on the slow and steady fall. Unexpectedly, oil prices drop 3% on rumors that France, in cooperation with the Ethiopian navy, was studying using small boat screens to protect convoys thru the straight. The Ethiopian navy has had success with throwing wet blankets to thwart I-rans flying lawnmower attacks In Lebanon the HOOT-ters unsuccessfully attempted to attack Jerusalem thru the air using Chinese weather ballon technology (as effectively demonstrated evading US air defenses several years back). IDF forces commented, anonymously, that the trick to shooting them down was to not lead the target to much. No successful attacks have been reported so far, but experts cautioned that it is early and these weapons only travel at super subsonic speeds equivalent to a large tortoise. Markets are falling, even as oil prices retreat, after reports that England plans a "muslim love" day on Easter Monday in an attempt to convince the powers in I-ran, that the English people feel bad for the poor abused elder clerics, and in no way endorse any move that originated in President Chumps nightly rantings. Markets appear to believe that if immigrant illegals do not also get a full days wages on Muslim Love day they will team with Greta and glue themselves in all traffic circles. Markets also are concerned that both Germany and Italy, while privately voicing support for the total obliteration of Iran, believe that EU law makes it illegal for them to form an axis, or alliance of any kind, especially if Japan also joins. EU legal experts estimate it will take weeks (or longer) to get a preliminary judicial verdict and any verdict would be immediately appealed by Hungry. In other news, casualties in Chicago continue to exceed those in Iran. Chicago's mayor pointed at ICE for the increased violence. "If you leave the homies alone they will just get drunk and pass out". Also, Governor Newsome made news when he called put Joe Rogan in a live broadcast. The governors where abouts are unknown, so he has not been able to respond to Rogans childish "bring on that bitch" tweet yesterday. Prediction markets currently have it at 99% no show for "that bitch". And that is the news/predictions

Money_Essay7793

Is ICE the same as the gestapo?

perceptive_AI

20th year anniversary of 9/11 this year , and ICE are doing the security checks lol

Fun_Success_3283

It could be accurate. These might all be ICE positions lol.

Inquerion

It's Vietnam 2.0. Prepare for 10-20 yrs of war. 30k ground troops (10k Marines with support, 3k elite paratroopers, 17k regular army) are already on their way there to invade Kharg and other Iranian islands. And that's just first step before full invasion of mainland Iran (but that will require Draft Vietnam style; which I'm sure they are already considering; ICE will be used to hunt draft dodgers for example).

Standard-Top-5942

I remember thinking a few months ago how it couldn't get worse then this (maybe ICE shooting people in the street etc) and somehow it's gotten worse. Just think what it will be like in 2028 when Trump has nothing to lose.

SoftYetCrunchyTaco

Plot twist - they are all ICE agents

No-Improvement3164

179k jobs. He hired a lot of ICE agents. 😳

Specialist_Exam_8433

Realistically market won't care what happens to the pilots. ICE was shooting Americans dead in the street in broad daylight and nothing happened.

Upbeat-Ordinary2957

Half the hiring are probably ICE agents

homiej420

Yeah especially once more of this ICE concentration camp shit becomes more public. I think the exact same thing is happening with that. People are ignoring it/pretending it doesnt exist and just letting it happen.

bright_sunshine19

Probably all ICE numbers.

iam4qu4m4n

ICE has been dispatched to your location

skyplt29

I believe it is worthwhile making a point regarding this subreddit, as well as emphasize this post is not solely about Tilray (albeit the trade I am going to use in this example was made on Tilray); relax Foodcooker. As evidenced real time on this subreddit, I sold all of my Tilray shares for 9.30CDN shortly after market opening on 1 Apr 2025. I suspected the gain was going to be short lived and was primarily associated with misleading headlines (the standard "Tilray's Record Breaking Quarter"). First lesson I learned in this sector...few read beyond the headlines. In actual fact, Tilray missed the analysts -.14 prediction (-.24). I fully expected there would be a correction once others began to dissect the numbers and Tilray would go negative later in the day. I did the appropriate due diligence...read the Q Report and listened to the conference call. Later that day when I saw Tilray getting hit (-5%) I bought back a subset of the shares I sold earlier as I felt that it was overdone given the strength of BrewDog, Carlsberg, and physical assets. My buy price was 8.60CDN. I shared that buy in real time on this subreddit. Some (very capable) contributors questioned my buyback. What I most appreciated was the respectful dialogue that offered an opportunity to reconsider my actions. In fact, their comments weighed on my decision to make this a short term trade rather than a long term hold. I happen to agree that Tilray has not acted like a company deserving of shareholder loyalty. Tilray's share price went lower that day, and even lower Thursday morning (I suspect that was across the board due to Trump's speech the night before). Then there was the Bondi firing...but oddly (in my mind anyway) the sector seemed to like that. Who knows anymore when it comes to this administration. BTW, I also did a shakedown of all Tilray's physical assets such as its greenhouses in Ontario, Quebec, and BC as well as all of its distilleries and restaurants/pubs. I surmised that Tilray had reached a point where its breakup value is pretty close to its share price. I truly believe the share price is being suppressed as many do not like or trust Irwin Simon. Ironically, I do not believe he is the complete 'shyster' many make him out to be. That is not to say I completely trust the guy, and I do think he is overpaid, but I happen to think there are far worse CEOs in this sector. Irwin Simon is doing what he thinks is best for the company, common shareholders are cannon fodder (welcome to capitalism). I am no longer a "long term bagholder" of Tilray, but do know enough about the company to have a feel for it and will trade on that knowledge. A few months back geologic brought attention to Charlotte's Web. Geo is one of the best contributors to this subreddit. I was tempted to pull the trigger and buy shares, but did not have the time to perform my own due diligence so let it go...only to watch it climb 300% in the weeks after. In that spirit, I will share I am digging into Cresco and am considering purchasing more shares. They are getting some medicare licenses. WRT Tilray, I just read the following analyst report: "We are upgrading TLRY shares to Buy: 1) Core Canadian business is steady; 2) International inflecting; 3) CC Pharma has become an advantageous asset; 4) Beverage category improving; 5) Cost savings from Brew Dog are substantial; 6) Share issuance is slowing; and 7) Cost of capital advantages. TLRY shares are back at July 2025 levels (where mgmt. was buyers). Since then, the fundamental outlook has improved and the potential for regulatory change is greater. We upgrade TLRY from Neutral to Buy and maintain our $10 PT (\~12x EV/EBITDA vs. current \~8x)." Jefferies has an even more ambitious 24USD prediction for Tilray. Bottomline: Over the years this subreddit has degraded into more argument and political commentary than what it is supposed to be...a forum for weedstocks investors to share insights, perhaps even share their trades (as I did this week, at the risk of getting criticized) and the rationale behind those trades. We can and should RESPECTFULLY disagree if warranted and provide cogent rationale for/against a move. THERE ARE SOME VERY EXPERIENCED AND KNOWLEDGEABLE TRADERS ON THIS SUBREDDIT, BUTMANY HAVE DECIDED TO WAIT IN THE WINGS UNTIL THERE IS MORE VISIBILITY ON S3. I sincerely hope some who chose to opt out of sharing their thoughts decide it is time to jump back onto this subreddit. We should be focused more on mutual learning how best to trade this sector and not hammering each other and pushing solid contributors out. As for me, I sold the shares I purchased at 8.60 on Thursday for 8.95 on Friday. I shared this in real time. I originally had a sell order in at 9, but seeing oil on the rise and rumors of Bondi's firing I TACO'ed out when I saw the initial crest of 8.97 and changed from 9 to 8.95. My lot was large enough to sway the Bid/Ask. It took about five minutes for me to sell (drifted down to 8.91 on lots of 100). Tilray eventually closed at 9.15, but I slept very well last night and look forward to an Easter weekend where I am not wondering what's going to happen this coming Tuesday. I see Trump is taking out bridges and other infrastructure and Hegseth just fired the Chief of the Army. Specific to this sector, I surmise there is an opportunity for a "Trump friendly" question to the incoming DOJ: "What is the status of the President's Executive Order directing the expeditious rescheduling of cannabis?" But I also appreciate there is a lot going on (Iran, Epstein, TSA, ICE). I really do not believe S3 is going to drag on to the mid terms. My view (just an educated guess) is this administration is going to look for a few quick wins to justify the ousting of Bondi and to strengthen the narrative she was not getting the job done. Epstein and birthright citizenship are the main issues, but S3 is low hanging fruit for a quick win.

No_Current3675

Bouta get disappeared by ICE