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Steez your take on the chart? Head and shoulders? Or do we see this baby run?
Trading halt!!! Don't panic!!!
look at ACBFF forum on iHub for possible reason for this
Another point I meant to make is that Alberta has some of the lowest electricity rates in the country, making the cost per gram cheaper than most. Also lower tax environment.
Im in on this. Bought on the TSK-V...I'm Canadian.
There are a number of licensed producers(34) in Canada, Aurora being one of them. I like this out of the number of publicly traded ones in Canada because they are the only producer in Alberta and they are building a new 800,000 sft facility, which will be the largest in the world. Being that Alberta is in need of jobs, this will be big. They also have the lowest cost per gram. Revenue growth is pretty sick too.
Huge volume! When this bottoms it will be a huge opportunity imo
Ok that makes sense thank u very much !!!!!!
ACB trades in Canadian dollars on TSX venture. acbff trades in US dollars on the otcbb
I think the time to buy will be spring 2017. And January 2018.
Good luck!
If it reaches $2 I'll double down and again at $1.50 and $1.00. I'm going to be here for 1 year minimum, so not worried. Unless there is some golden cross in the future then I'll sell and buy.
At 2.62 you bought in at a $700 million market cap. For a company which did $3 million in revenue last quarter.
If they generously make $20 million in 2016 it is still 35x revenue valuation in probably zero profit.
Canadian solar is another company with around $700 mill market cap.
They do $3 billion in revenue a year and have 1$ billion cash on hand. Food for thought.
I wouldn't buy until $1 here or once legalization goes. Obscenely overvalued on speculation
Alright got in at $2.62 for the long. Might add more later.
I'll be in either tomorrow or Monday!
Why not delete this and use the ACBFF board that's already got 93 comments? All these LPs have two tickers and it's confusing and it splits up the exposure. MJN(PRMCF) and EMH(TBQBF) could probably benefit if they had a better presence on here as well.
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