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maybe in a few days? even though ACB doesnt want to fold, its got serious strength, just too risky up here for my liking
GLTA
THEY LET THEM RUN TO SHORT EM BACK
GOTTA TAKE PROFITS
I SOLD AS HI AS 1.04
100 milliom shares 30 min?
My eye is on 1.47 bro
RED...as I expected
when up too much too fast
needs to test support areas and consolidate
whether we like it or not
we didnt even have news yet
this is a sector squeeze
believe it or not
NEWS NEEDED!!!!!!!!!!!!!
They discussed that already! They will be cashflow positive over the next few months, no reason to doubt their claim as they did ebita positive as claimed. Anyway, my takeaway is that it's only for ammo for an aquasitions and mergers, just think if they start partnering up with some medical companies within the usa now that it's going to be legal very soon.
I think if we start closing above 1 usd starting today we squeeze like crazy. I see people saying the squeeze is starting... so maybe? I don't mind!
not a squeeze huh?
whats your view on the shelf?
Who cares about the other stocks, acb was delayed on the run and just looked and it's up premarket.
WEED STOCKS RED SO FAR THIS MORN
MAY BE A COSILDATION DAY?
LETS SEE
ALSO KEEP IN MIND THEY HAVE A REGISTERED SHELF OFFERING
Shelf
April 2023 Shelf
EDGAR
Registered
Current Raisable Amount
$650,000,000
OVER 1 USD! how sweet this is going to be today, 1.50 end of day?
Aurora Cannabis Shares Jump 18% on Convertible Notes Repurchase
https://www.morningstar.com/news/dow-jones/202309114691/aurora-cannabis-shares-jump-18-on-convertible-notes-repurchase
https://finance.yahoo.com/news/aurora-repurchases-us-9-0-213000322.html
Once ACB goes over $1 USD, the next resistance levels are likely to be around $1.10, $1.20, and $1.30. These levels are based on the historical price action of the stock and the current technical indicators.
I'm thinking like cgc s trend we go well over 1 dollar tomorrow. Thoughts? Then all the shorts banking on the RS start to cover.
More good news coming to this industry! What an awesome day!
https://www.marijuanamoment.net/latin-american-and-caribbean-countries-agree-to-rethink-failed-war-on-drugs-saying-its-not-achieving-expected-results/
You have a terrific intuition it’s more profitable to listen to it
THE VOLUME IN THE WEED STOCKS IS INCREDIBLE TODAY
WISH I LOADED TH EBAOT AND HELD WHEN I POSTED THIS https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172722133&txt2find=TLRY
BUT I DIDNT
There’s a gap at 2.25 /2.57 needs filing from back in 2022
SOMEBODIES SOLD IT OFF TO .83 RIGHT AFTER THE CLOSE
I GOT SOME .843'S
TOMORROW EXPECTING $1+
UNLE$$ SOME BS HAPPENS
Not exactly sure if it's a squeeze but this is nice! We need $1 usd!
WHATTA SQUEEZE IN PROGRE$$
You might be correct
Holy crap! We might break 1 dollar at this rate within today alone!
What a beautiful open! Let's keep climbing!
And when the usa opens up for us which everyone will know in about 80 days now!
"we have more demand than we've been able to supply in Europe and Australia"
"1 position in the medical market leaves us well positioned to gather business from other medical LPs in Canada. Our proven next-generation cultivars that we're launching across Europe and Australia are proving themselves to be popular with patients. Right now, with the products we have taken to market in the past three months, we have more demand than we've been able to supply in Europe and Australia. In an industry challenged by excess supply, we are excited by this enviable position."
I'm hopeful they file for an additional 180 days. I see many companies were able to do this. CGC is about to climb back over without a rs, so we can too with all this positive news with Aurora and the usa. But yeah, the clock is ticking! Just think how this might explode if they get another 180 days!
You should provide accurate numbers. It's just under 40m. Cashflow positive coming too within the next few months.. not ebitda, yes, Cashflow!
https://www.prnewswire.com/news-releases/aurora-repurchases-us9-0-million-principal-amount-of-convertible-notes-continues-progress-towards-positive-free-cash-flow-with-less-than-us39-million-of-notes-outstanding-301922457.html
Downward pressure for no reason. Cashflow positive claimed to be 2024. Acb is in good shape when to comes to being stable and able to do as they claimed
Doing a little DD on the company, this might be a much larger relationship getting built. This company is tied with schwabe
Willmar Schwabe GmbH & Co. KG, is one of the oldest pharmaceutical manufacturers in Europe and has a company history dating back over 150 years.
I'm pumped! We are better positioned than s9me of these other stocks that already started to run. Hopefully we hit a dollar as it looks like cgc might do it...we might lag on the run. Hopefully others chime in and voice their thoughts opinions and facts
Thank you for the info this rally will be epic.
Institutional Trading of Aurora Cannabis
A number of large investors have recently modified their holdings of the company. ETF Managers Group LLC acquired a new position in Aurora Cannabis during the first quarter valued at $5,819,000. Renaissance Technologies LLC increased its holdings in shares of Aurora Cannabis by 267.4% during the 2nd quarter. Renaissance Technologies LLC now owns 3,220,384 shares of the company’s stock valued at $4,251,000 after purchasing an additional 2,343,884 shares in the last quarter. AXS Investments LLC acquired a new position in shares of Aurora Cannabis in the 1st quarter valued at $623,000. K2 Principal Fund L.P. purchased a new stake in Aurora Cannabis during the fourth quarter worth $506,000. Finally, Goldman Sachs Group Inc. grew its position in Aurora Cannabis by 72.8% during the second quarter. Goldman Sachs Group Inc. now owns 1,269,306 shares of the company’s stock valued at $679,000 after buying an additional 534,615 shares during the period. Hedge funds and other institutional investors own 11.17% of the company’s stock.
It's going to be very interesting how this trades over the week now that the usa will most likely have weed scheduled at level 3 instead of level 1!
Let's not forget we have had a good German presence for over a year now. Let's the cash flow! Aurora states cashflow positive 2024, Australia is growing, and safe banking in the usa over the next month as a catalyst. Downfall imo is a possible RS next month but we do have a lot of short interest that takes over 5 days...hmm I would not be short over the next few month. My opinion obviously.
https://www.prnewswire.com/news-releases/aurora-strengthens-leadership-position-in-germany-with-eu-gmp-certification-at-preeminent-local-cannabis-production-facility-301549911.html
Those that listened to the CC know how Australia was a big deal for us. Not saying we will directly benefit but I'm betting we do!
https://internationalcbc.com/cannabis-policy-history-made-in-australia/
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