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Last quarter only included initial shipments to stock store locations or providers. There was zero actual recreational income except payments for delivery on supply agreements from what I understand.
How many of y'all have been on this board longer than a quarter?
I think people need more information and possible launch timelines for this to be a viable investment. All I see is a crap shoot here, and a vaguely explained one at that.
I know its Sunday but I'm already counting the gains tomorrow will bring to shareholders here and most importantly the moderators here.
Aurora seems to be in the news everywhere... Imminent payday every milestone we hit.
Dr funk please refer to post # 18375 to understand my position at the moment. This things going to the moon buddy... with zero justification, because that's what the masses want to see. Lmfao
.01 percent a day I will take, I've got time.
Hopefully we can get some meaningful volume tomorrow morning.
Acbff going to skyrocket next week like it was said it would after final vote, because the head honchos said so. Okay guys, it's going to be the ten days of July Christmas around here, so take everything I post with a grain of salt for the next ten days.
Well said!!! I got kicked down to one post a day here so I'm not here often anymore, but I come back to read a couple peoples posts. Your definitely one of them.
I love Aurora long term, but this stock is going to have major swings all through 2018. I do believe someone may need to corral Terry, that mad man is wreaking havoc on shareholder value one move after another. He needs not be at the negotiation table if and when they try to acquire another company. He gets bent over every time, but the only thing he pays is shareholder value.
IMO the market needs true numbers for these stocks to excel. We will see those numbers in 2019.
How is you boys investments holding up? You would be able to by alot more shares today for the money had you sold when I told you too. Whatever you do don't listen to the fluff on this board... you are getting played.
While all these highfalutin moderators may act like they know, I'll give you true market insight. What it means for you and I is, that for every 20 shares you own, you will receive 25 cents, which equates to nothing.
Well we finally made it to see legalization date set, congrats to all holding on. I'm still buying in and out of Aurora with my cash postion and and holding long term in retirement funds, but I do expect this to be short lived gains on the table at the moment.
I expect Aurora to be the king of the medical market and a large powerhouse in the recreational market as well, but we are in an overvaluated state. The market needs numbers to justify current valuations and meaningful revenue numbers won't come out till 2019 at this point. This is not going up for the next four months and will be lucky to maintain a sideways movement.
Of course this is just my opinion, and it's not doom and gloom, it's reality. Good luck to all here, but remember people are making a lot of money trading this stock on the pop and drops. If your going to hang out you may as well make some money.
It's hard to pinpoint what the decrease may be between now and June 7th, but I will tell you shorts are doing everything in their power to bring it down before the vote. If your day trading you should have already sold obviously, but if you plan to buy more I would do just before the vote. Big money will come in After legalization takes affect, and shorts will have no choice but to cover.
My perffered entry right now 5-5.75 US. I would be very surprised if they could take this below $5 US.
Glty my friend!
I think acbff is going to list on the NYSE, but right now with the short interest as high as it is they are taking time about it which I find to be a good thing.
I day trade this pig too, but I'm currently playing with just short of 15k shares I day trade. The patterns are too predictable at this point.
It's definitely concerning and IMO its more of a when it's going to happen rather than a if. To be perfectly honest that's the reason I have trouble getting behind these acquisitions, but I'll save that for another post.
The differences between Oregon and Canada are vast and wide. The main problem for Oregon is they issued a license to just about anyone who wanted one, and that's not the case in Canada. What I liked about the article is it did state there are still products going for 15-20 a gram. That tells me there is a bunch of low grade being pushed.
I expect to see this issue rear up at some point and create a big buying opportunity, but for now the Canadian LP's aggressive expansion plans to produce more than the Canadian market can handle is their own worst nightmare. I just hope they are privy to info I don't have, about when the global market may actually need to be supplied legally.
The one thing I wish I had more info on was just how much product is going to be required for medical applications, oils, edibles, and drinks.
I think your correct short term, but only because a bunch of people would sell the news. Having said that I believe that would be a stupid move. Until I hear Aurora sky is fully operational I'll take any short term delay they throw our way.
For the love of god please stop posting Wikipedia links folks!!!!
You guys do realize Wikipedia is a free online encyclopedia that is editable by anyone right?
It's hard to say what the impact would be to the pps in this given situation, but for Aurora and most LP's this would be a blessing. Nobody at this current time has the product capacity to serve the open market.
You didn't hear this from me but, I hear Aurora is looking to buy the state of Oregon. LMFAO
http://www.foxnews.com/us/2018/05/18/us-attorney-oregon-has-major-pot-overproduction.html
I'll tell ya yesterday all over the boards was a classic sign of its time to buy back in.
https://www.google.com/amp/s/seekingalpha.com/amp/article/4175032-looks-like-aurora-cannabis-trying-amazon-pot-market
Booth says he isn't done, the pain will continue even after legalization. Meaningful revenue will not flow until September.
No matter your position long or short it's wise to sell your shares and reenter knowing depreciation is going to take place. This was a pretty boneheaded move in my opinion and I would be surprised if we see 4s again.
After legalization takes place is when I expected big money to come into the sector and with a merger of this magnitude I think Aurora will have a hard time finding backing. I also see them as the worst buyout candidate at this point as well.
People keep spouting good management but I'm seeing alot of faulty moves here recently. There's a reason Canopy isn't out buying these companies. The global market is not there yet and there is more than enough capacity now to serve Canada.
Thank you for the info, I will look into it.
Don't get me wrong aurora is going to dominate if they can execute but short term it is not going to be easy on shareholders. IMO there is short term money to be made and redistributed into acb at a later date.
ACB is going to have 5 times the shares as canopy, and they still have more land. They also still have more expansion plans. The good thing is short term Aroura will produce more but not for long.
Ask yourself who is the more attractive buyout by big pharma Aurora or Canopy?
Aroura is going to have some serious growing pains and this will drop like a rock if they keep it up.
I think I'm going to play a short term play for legalization pop, cause I sure dont see one here, and I can come back because the price isn't taking anytime soon.
I'm expecting it to slide even lower than that, but this close to the vote it's a guessing game. I can tell you I don't expect the vote to really even move this pig. The market needs numbers and Aurora to manage OS.
If you think the trend yesterday is over think again. I sold at 6:48 US, and will reenter in the 5s again and maybe even 4s this time.
With the recent pressure put on Canopy I think OGI or Aphria are probably a hot take out target and will outperform ACB by a long shot short term.
I do think Aurora will be a beast in the long run but the way they are going about it will take a long time to appreciate. Absolutely nothing except billions in revenue is going to move this pig. I understand their goals but can't understand the zero care for shareholders being run over in the process.
Good luck to everyone, this is still a good investment but is going to take forever to payout in my opinion.
Leaf tanking shows their investors want no part.
They are going to try to pull games all the way up to the vote. From what I can see their grip is slipping.
Preparation for lift off.
Too much on the line. This will never hold up legalization.
I just find it very fascinating this article is dropped at the same time CMED closes and the day before tgod ipo.
I've been trading shares so these short articles garner a fair amount of interest from me.
Anyone's guess which way she goes today.
Nice clip lol
I do think that is a fair assumption.
Here is the reason for the increase yesterday and it has nothing to do with us, we were riding Canopy's coattail.
https://m.wealthprofessional.ca/market-talk/canadas-biggest-pension-funds-are-backing-pot-stocks-241765.aspx
I would like to let everyone here know my position because it has been questioned numerous times. I am a long term investor here just like most of you. I do have a cash position I day trade to increase my stake, but that does not mean I short stocks. That's not a game I play and never will.
You will ask yourself why I'm so negative if that's my position, and I'll be glad to let you know it's not negativity as much as it is realism.