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Well, Radient got a deal with Shoppers Drug Mart which is pretty strong as Shoppers is a real company 1,300 stores and isn’t under a cash crunch like so many of the LP’s... Might be a bit of a blow to MediPharms.? Maybe Not? We deserve to be trading near $4.00 at least.
I’ve pivoted into the same 3 names... See you on their boards and we’ll leave ACB hopefuls alone. GL All. If Michael Singer can right the ship and prove they can operate and not go under I might be back... Sux what happened here...
More Facebook Posts as Immune “Update of Business Hours”... Nice to see someone is behind the hamster wheel getting things in place before possible news?
Here who is winning the race! Billions in revenue way before the Canadian Counterparts. #myspace
https://finance.yahoo.com/news/3-cannabis-stocks-set-shock-210754495.html
I love it! In this market, you need to be “Nimble” and skate to where the puck is going not where it has been!
Canada has proven to be Internet 1.0 with Aurora and Hexo going the way of “AOL, Netscape or MySpace”...
A pivot to be the Internet 2.0 Google, Facebook and Amazon would be advised. I wonder if MediPharms is allowed to work with MSO’s as they are set to surpass Canada in sales and profitability.
https://finance.yahoo.com/news/3-cannabis-stocks-set-shock-210754495.html
They either run out of money, dilute to raise money or sell businesses and assets to try and stay alive. Full survival mode. Hope they make it, but will not buy back in until proof of operations funding business...
48 Minutes ago on Facebook. Alethia merger mentioned!
https://www.immunetherapeutics.com/2020/02/immune-therapeutics-inc-provides-updates-and-guidance-on-reverse-stock-split-and-name-change/
Skate to where the puck is heading, not where it has been. Got to be “nimble” Canada made the mistakes and the U.S. has learned from them. Many first Internet Companies are gone: AOL, Netscape, Prodigy, MySpace, replaced by Google, Facebook and Amazon...
https://finance.yahoo.com/news/3-cannabis-stocks-set-shock-210754495.html
Wayne Gretzky attributed his success to “Skating to where the puck is going, not where it has been”...
I hope you are... Meaning this is the bottom. This blows. Get sorted MediPharms... Dragging my portfolio every day...
I’ve been into Aurora since 2016 at .92 cents. I finally gave up. The hurdles they face are enormous. I was a champion and once had over $200,000 in gains. There is nothing potentially good there short term or maybe not even long term. Dilution / Reverse Split / BK are serious possibilities. They are in full survival mode. Not doom and gloom, just facts. Burn Rate, Cash Crunch, Layoffs and Halt and saw of assets and projects... By the time, if they can right the ship, they may not be un-investable due to share count making achieving profitability almost impossible. If Nelsen Peltz makes a company saving move, there is time to buy back in. The Titanic can only move so fast...
Aurora will take years to fix...
Yet why even bother to re-invest in Aurora if they get their house in order? By then there could be over 2 Billion Shares and EBITDA and potential positive earnings becomes more and more difficult to attain...
There are better options out there instead of stoking the fires of the titanic while it takes on water and gets heavier and heavier...
The only way I’d get back in the name would be a total global legalization trend or total U.S. rescheduling and 100% recreational nationwide. Still, what is their competitive advantage to beat existing MSO’s? I guess they can dust the cobwebs off their ghost town shut down facilities and can grow more weed than anybody else like they first anticipated? In retrospect, that was a bad strategy without a proper market to supply...
This is years away from becoming investable and share structure may make it un-investable forever... Peltz might take it private... Too Bad...
I cannot explain it. Executing, profitable and low cost production. Just down in Sympathy with Aurora and Hexo? Sux.
Is anyone else worried about Trulieve being so tethered to Florida where eventually competition is going to eat into Trulieve’s market share?
They are executing very efficiently to date. Can they continue and is there a plan to get more exposure to other states and not dilute shareholders? Thanks in advance...
Good Stuff Funman. Is anyone else worried about all these Canadian Companies scaling back that revenues are going to take a big dive in the next few quarters until Canada can create a realistic marketplace for Cannabis? I know 2.0 and Vapes are just rolling out and Australia, but I got burned on both Hexo and Aurora and I’m nearing down 50% on my average here. This was supposed to be the “No Brainer”...
Facebook Post today to sign up for E-Mail News Letters? Wonder if that means anything is coming to an e-mail box near you?!?!
Nice to see one of my thousands back! Hope they get the last laugh on ACB! Maybe our delays make us the perfect size for the limited markets open to sell to at this window in time?
Wow. What a long strange road. At one time my .92 cents $30,000 investment was worth $240,000 and the Sky was the limit...
I’m glad I sold my HEXO at $2.00 when the writing was on the wall, now hitting 52 week lows...
Aurora faces so many hurdles:
Debt, Costs, Slow Sales, Small Markets (compared to what they built out for), potential for a ton more dilution, potential for reverse split or face delisting from the NYSE, potential bankruptcy...
Why even get back in this name with the share count if they do survive? Canopy has 4 Billion Dollars to outlast everybody in the sector with 1/4 the shares. Cam should have “measured once” and trusted they would need the support of a Fortune 500 company. But they all thought they were the pretty girl who everybody would beg to take to the prom, instead they got left at home crying in their pillow...
A real shame... My plans have totally been halted. Have had to be nimble and make the tough decisions. In the end. Aurora is just a name, just a faceless company and you can’t be emotional and stubborn... Facts are Facts. They are STILL overvalued at these prices based on sales and forecasts. That’s SCARY... Good Luck All...
Trading again .29?
With 1.2 Billion Shares. Any good news would allow anybody to get back in and only miss a small pop in share price. I’d rather miss the $1.70 to $2.50 pop (that never comes) from surprising news, than ride the $1.70 to $.01 which the current landscape is screaming we are going to...
Michael Singer, I heard Captain Ron is available to take over as CEO! Or Joe Hazlewood...
Can’t imagine the guidance is so weak with higher margin 2.0 products coming in the next quarter. “Under promising over delivering”? Time will tell. I think the moves today will be beneficial for the future, especially if it was at a partners request Terry be removed and there is no future need for dilution.
“Nelsen Peltz, we want into the Cannabis Space and Aurora has the infrastructure and know how to make a good partner for us... Before we do this Multi-Billion Dollar Deal, we have some demands: First remove “Big Booze” buffoon Terry Booth and trim the fat to streamline operations while we insert our own people”...
Sincerely, Fortune 500 Company...
$20.00 price target would be a nice start!
Just got a losing money nearly bankrupt HEXO up 5% alert, while EBITDA positive cash generating MediPharms is down 2% what gives?
Ready for this to be back where it rightfully deserves. Over $4.00 U.S. and pushing higher each day on good news and strong revenues... Enough Already... We execute others don’t...
The earnings quarter is gonna tank. There are no “Surprises” no “Revenue Big Beats” no “Big Announcements” no “Surprise EBITDA Positive. No CEO change. No magic solution to cash flow troubles...
There will be a non-recurring one time revenue announcement from the sale of TGOD that will make the books look better than they really are for one quarter. There will be an announcement of how cutting overhead and the construction cessation of so many projects has helped the bottom line. There will be fingers pointed at the lack of retail shops open from the slow roll out of Canadian Legalization and restrictions. There will be fingers pointed that the “Black Market” is still thriving and undercutting prices. There will be a “Red Faced” excuse of why German Sales have halted and how it effected the overall revenue for the quarter by 5%... There will be no mention of what their plans are for giant Radient facilities and no specifics on whatever the hell Nelsen Peltz is doing for the company.
That said, this should create a great share price to buy shares for the following 3 quarters of 2020 as 2.0 sales will help revenue and margins and revenue will be boosted due to 100’s more retail locations opening through the year... Aurora geared up for Global Legalization and until we are supplying more than just the small Canadian Market, things won’t go gangbusters here. You have time, buy the bloody days and wait a loooonnggg time...
Sorry for the reality check. My Average is under a dollar since 2016 and I’m more than saddened how things have evolved with Aurora. Wouldn’t be surprised if there were layoffs announced and more dilution before they can downsize / adjust to what market they currently have to supply...
Nelsen Peltz on CNBC next interview. Will he throw us a bone?
Hope it’s the beginning of an outstanding MSO earnings season! “Crushing” I like the sound of that!
I’m holding all my shares and I have a ton. But not adding to any Canadian Company until the bugs get worked out on Legalization and a real market forms. The slow roll out of Retail Stores is now have a cause and effect. This is just the first story like this... Hopefully MediPharms dodges future bullets...
Then they should pay their bills...
More “Red Faced” Management. New CEO required... The fact no news of resumption of sales in Germany is concerning and it will be a big excuse on the conference call why sales were slow. Not buying more until after the earnings report. I do believe 2.0 will see a nice revenue bump, so will buy on pullbacks prior to the following quarter... GL
Terry Booth retired electrician who has never run a publicly held company before. “Big Booze” Pirate Shooting from the hip... Don’t place any emphasis of anything eloquent coming out of this guys mouth. We’ll see how big a mistake it was firing Cam to let himself do the talking. Remember when Aurora Stock was over $10.00 and an emboldened, gruff over-confident drunk Terry Booth barged into a Vegas conference dropping F-Bombs? Classy for a CEO!?!? When he chimes in on the conference calls and talks about taking “Big Hits” and “Giant Vape Clouds” and burning his throat, I just cringe...
A new CEO would do us wonders and Terry can go back to retirement and smoke his Bong, Drink his Booze and roll in his millions... He’s worth more to us gone and let someone else captain the Titanic for a safer voyage... Someone who will heed the warnings and steer away from the iceberg...
Put on your eye-patch and pull the cork out of the rum with your teeth, it’s about to be a wild ride...
Aurora is up a whopping penny pre-market... Canopy is up almost a buck... Share count matters if you want a stock to move. Terry ain’t fixing share count in his interview, in fact, they are most likely going to add more shares before all is said and done. Skate to where the puck is going, not where it has been. Aurora is dead money first half of 2020. Maybe when 2.0 products are on the earnings quarter we will see some support. Not bashing, just the reality we find ourselves in...
Be careful what you wish for! “Big Booze” Terry Booth is gonna look like a rum running pirate and we’ll all wish silver tongued Cam was back after Terry’s disheveled interview...