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We closed at the recent low of 4.88 on 12/21.
Since then, we’ve risen 58 percent in seven weeks. Pretty solid recovery.
Let’s see if this 7-8 range holds for a few weeks, will be a game-changer.
Higher highs, higher lows.
You contribute some good comments, man.
A lot of fascination with shorters. I think it’s corollary to the god-devil duality. Gotta have a villain. People love that stuff.
After mercilessly dropping it down to 7.85, did the shorters run it back up to 8.10 just for laughs? Lol
All leaders dropped from their highs at about the same rate. Was it a coordinated short selling attack?
Ridiculous. The short seller bogeyman stuff is old and tired.
You think people are not selling after profiting on the run from 5-6 to 8.30?
There’s no straight line here, same as most stocks. Be patient.
Has absolutely no effect on price or price movement whatsoever, whether pumping or shorting.
People pump or bash purely for their own personal entertainment/psychological issues.
Man, I like Lear jets so much. You really think??
Sick analysis! Let’s goooo!!
We hit 7.33 two weeks ago when news of the note issuance came out. We had a lot of upward momentum then, up about 50 percent from the recent low. CGC was around 43 and CRON around 14-15, also both up about 50% from the lows.
Without that news, I bet we would’ve been around $9 now, which would’ve been about an 80 percent increase from the recent low, again closely tracking where CGC and CRON are today from their recent lows.
Impossible to predict with this yo-yo of a stock, but ACB is doing ok. Seems like we’ve stabilized and the upward momentum has returned.
Dude, we had a higher percentage gain than CGC and a bunch of others. Pretty solid day.
CRON is the gem that got away. That puppy’s flying.
Patience on a monument over here.
No doubt this a serious, professional operation.
Waiting on news, whatever it may be, that is inevitable. Let’s hope it’s titanic.
I mean, how is Bob Saget not a better choice? He was in Half Baked, for goodness saked!
PPS is irrelevant when comparing companies. It’s the market cap that matters.
Not sure about the numbers a year ago, but when they were flying high in Oct/Nov 2018 (ACB at $12 and CGC at $60), market caps were 12B and about 18B respectively. That’s the metric to compare.
CGC has recovered quite a bit, almost 100 percent from it’s low of $25 per share. ACB has only recovered about 40 percent from it’s low. It’s def lagging. We were on our way before the news of the debt issuance.
An analyst hiked the price target to $60.
Where are our rosy analysts?? :)
Place is definitely gangster.
Haha. Why you feeling this now?
Nice close
Maybe selling of newly issued shares is over? (Not sure which specific dilution that would be, there are so many)
Maybe idiotic knee-jerk response to bond offering is over?
What does that tell you?
Lol! Don’t you get tired?
So tired of this
Everyone: Take it easy
It’s only a bond offering, payable FIVE years from now. Conversion to shares is at discretion of company.
Try to relax.
Would be a nice time to issue some good news as well.
More dilution in 5 years??
Lololololol ROF
You going down, son.
Eh, your Thai Schtick is getting old.
Yawnnn
Lolololol
Oh, I’ll just admit that shorts are burning up.
Did you say .008, or 7.0888???
Lolololol. RFLMAOOOAU
Let’s go baby!
Can we finally get some positive analyst coverage for Pete’s sake?? Would really add some fuel to the fire.
Recent guidance looking like the catalyst it should’ve been on day one.
Anyone think they were conservative and that we’ll actually beat 55M?
Hang in there, man. Good to see this horse show its legs.
Running is nice, but we must hold this ground.
C’mon little buddy, runnnn!
Stinky green light go!!
Agreed. Also agreed about the dilution. However rose-colored people’s glasses are, they all know it’s a huge drag.
Sorry for bitching about your criticism recently. You were right. Would happily sell at my cost basis right now.
Don’t listen to the haters, man. Your comments are appreciated here.
Doog, sorry I didn’t respond to your PM, bro. Changed credit cards and didn’t update my subscription, so can’t PM :)
Thanks again, and rock on!!
Good gain if we can hold it for Moses’ sake
Not so sure anyone is too influenced by anyone else on this board. It’s mostly for entertainment, nothing to stress about.
Last quarter’s financials ending 9/30 had no rec sales, wasn’t yet legal.
Maybe they made some notes in financials about rec sales from 10/17 through 11/15 (or whenever release date was).
Ha. I wouldn’t be so sure in ACB land.
Next quarter’s financials will only have a partial month of rec sales since qtr ended on Sept 30 and rec sales started on Oct 17.
Ah, sorry. Thanks.
Quarter 1 ends today, financials reported mid-February.
Quarter 2 ends March 31, financials reported mid-May.
This is based on their fiscal year, NOT subject to change.