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Going to pick up a couple more K and join the 10k club this morning. Company is very real and not much has changed, they have only added key pieces. This one and Inmed I will join the 10k club.
I thought I had read they wanted it done before summer break. I also thought I read once it’s passed officially it is law. Doesn’t the closing wrap up on June 18th as well for the 100 million financed?
Nah sometimes I just like to play the basher on stocks I own based on the way they are making me feel. I did not like what they did here, as far as the name change and such. At the same time, I think there’s a lot of manipulation going on sector wide. I don’t see how a breakout cannot be around the corner.
The fact that the share price bottomed out today, along with the majority of the mj sector. It then finished end of the day with the day high. It will continue to rise tomorrow. Potential break out in entire sector tomorrow. Very soon regardless. Won’t be dipping back down to the lows that were seen today.
This will continue to rise tomorrow. EOD trade was the day high. Expect more green tomorrow.
Go Auxly
I think I just dumped thousands of shares, for a small profit. Kept a few hundred “just in case”. Out of all my MJ plays, this was the most manipulated stock, most ticker changes, name changes, etc. Think this was all just a smoke and mirror scheme to divert money. Sub penny
Anyone have E*TRADE and they are able to buy/sell their shares? Mine are still locked up, only visible with a CUSP. Looking like this will be right at about 75 cents by the end of the week. What a f’n joke. Regardless where this is headed years from now, this is ridiculous. Not even giving people that were ahead on their investment, that bought in when IPO was launched a chance to sell.
All I have heard is, wait wait wait. Keep on waiting until this sh*+ is worthless. Out as soon as these shares are reinstated. Yes, I did have faith in Rifici and what this company was about, not anymore. This was horseshit and intentional, go to his twitter page, guy could give a f less about American investors
I can’t exit, my shares are locked up. I wish I only had 20 dollars invested in this smoke and mirror scam
Same advice, wait it out and see what happens here. Sub penny prediction here
So all US based shares were lost on the conversion? That’s great news. Looks like Rifici pulled a fast one, robbed us all with a name change. Good way to lose 23 dollars and 47 cents. Who cares, didn’t want this one anyways.
What do you mean share issue sorted out? I thought everyone could trade and all was good? My E*TRADE account has still not updated, doesn’t even record the price changing or any volume.
7 come 11, here we goooooo
Thanks Hunch, green afternoon
Nah, trying to get people to sell off before the real explosion. Just a little manipulation to put a little fear in. Big break out coming sector wide.
Please stop
Where would one go to see such information? Online..
It was a joke. I don’t think we’ve been scammed. Just like to stir the pot once in awhile. One thing Inmed is NOT doing, is stirring the pot. Wanna know why? Cause they don’t touch the plant. Biosynthesis for ya.
Hate to say it, but I think Teletubbie is correct and we got scammed. Switching course here. Time to short this pig and follow her down to sub penny .0001 here we come
Sorry I was under the impression that you could not currently buy until updated. Mine isn’t updating or showing any volume on E*TRADE. I thought this would prevent US investors until updated correctly, which was stated would take 5 days. Expecting a catalyst to come out of the US that will have a positive bounce on MJ sector
I think this was strategically done, I don’t think investors need to worry about losing money here. I do believe we are about to see a big catalyst to the entire sector, coincidentally US investors won’t be able to buy in on this one.
I am thinking this is a good thing.. Something is going on this week.
So it could be up to 5 days before it is able to be traded on the OTC? If so, this is very interesting.
I have an E*TRADE account and this ticker is now showing up as numerical? Anyone have any idea what is going on with the US investments into Wheaton?
My E*TRADE account has their name updated under the same ticker CBWTF, Auxly. More like Fauxly, will be 3rd ticker change in less than 1 year. Time to short this pig and follow her down to .0001
This will be the 3rd ticker change in 1 yr. Time to short this pig
C45 is about to be put through. I am a proud owner or Aurora, and will be. Years beyond today. C45 passes through, it will be a day to be remembered for the precedent it set across the world (which it already ignited). I mentioned a few weeks ago that I didnt know if legalization will be a huge catalyst or not, one would think it would have to be though, and yesterday led one to believe. I'm up over 300% on my investment in Aurora, so yeah I am proud, and will continue to be. As far as when this really goes off? When its running wide open. No where close.
Not fail. I think that’s being conservative for 36 months. If they follow through with their business model and Rifici stays on board, sky is the limit. A lot can change over 36 months, a world leader in an open market is worth something.
lol risk? these companies have NOT seen their best days. tomorrow is the biggest day to the Canadian cannabis industry. Tomorrow if you have shares of Aurora, you will be thankful. Sucks for the shorts and the ones that were on the borderline of wanting to jump in.
Coincidentally #1 and #2 have 52 week low numbers on 6/7/2017.. Aurora and Canopy respectively. And Aurora isn't #2. Fasten your belts, the rocket launched @ 1500 6/5
Looking at some of the publicly traded Big Tobacco Companies it looks like an impact may already be in place. Quite a bit off of their 52 week highs. Phillip Morris, Altria, British American Tobacco. Phillip Morris lost a decent % capital value in a short period of time in the middle of April. Think we are poised to see a steady decrease in tobacco share price with an increase in cannabis stock. The public perception is about to change on a broad level.
Aurora may have close to 1 billion in outstanding shares but they own a whole lot. 1B shares is half of any big tobacco mentioned above (on average). The current share price for all big tobacco mentioned is over 50 dollars per share.
We are going to see global transition from tobacco to cannabis, as long as it is allowed. 2020 estimate - Aurora 50$ per share.
And Aurora has set themselves up to generate billions of revenue in an open market, whether that be quarterly or yearly will be seen. There are going to be many milestones blown away here. First 100 million dollar qtr, first billion dollar year, first billion dollar quarter. It’s just going to take time for these numbers to happen. This is just real life. Everyone is expecting these companies to blow up like bitcoin, that’s not how it is going to be. These are actual companies in an evolving industry. One that is set to take off. I’m glad the states have allowed people to seek the medicine they deserve to have the rights to, not a privilege. The US gov, along with their big pharma can keep their heavy hand with it scheduled as a 1, it’s only better for all of my investments. Although, the US is slowly getting up to speed, the rest of the world is light years ahead (supposedly).
Then again there is that initial question on why it is illegal in the first place?? And who is reaping the benefits from keeping it off the open market.. makes you wonder. And yeah, Booze companies and Pharma will take a hit, but people will still be alcoholics and people will still need pills and big pharma.
Next week is going to be a game changer, if not, be able to get some really good prices.
Another price adjustment coming for the sector, like in Nov-Jan, +. Those who bought in then, down on money, -. Price correction coming for the entire sector +. Next week Canada will be putting the stamp on full recreational legalization, same week as the the world health organization reviewing THC for the entire U.N., exports. Full legalization, exports equates to revenue. First we will see a correction in the sector, next we will see numbers, next institutional money. Last, sailing off into the sunset ++++
Damn right it’s a good entry point. These mj stocks have NOT seen their best days. Fact of the matter, next week is probably the biggest week for cannabis in the world thus far. Canada and the world health organization reviewing the classification of thc in the whole UN. Things are about to change, with that change comes revenue. Revenue attracts money. It’s just a numbers game here. They gave everyone that bought in during the adjustment in Nov-Jan, a chance to bring down their average price per share. Not everyone has the funds to double down, not everyone has the faith. The fact is, no one is a loser here on their investment, no matter where they have entered since IPO. This company along with many others is just now getting started, it’s a well built engine waiting for the green light. We haven’t seen the marijuana boom yet.
Oh yeah, this is trading at close to 400% higher than this time last year, and also trading at a higher price it had ever reached before. Up until November, Inmed never seen the 80’s. Be patient.
there’s a whole lot of writing and thinking that I could throw down, but short and simple. This company along with others in the Cannabis sector, have NOT seen their best days. Patience. It will work in our favor.
I was 32 last year when I decided to cash out a 401k and invest all of it into the cannabis sector. Best financial decision I will have made in my life. Just going to take a little longer to retire than I had hoped for, but ultimately this is going one way. And it is going to really take off once the US reschedules it and banks are opened up.
It has to be a slow process, otherwise it would cripple big tobacco, big alcohol, pharma, etc. The illicit market is a lot bigger than what is perceived.
It is all going to be a bigger deal than what is currently being projected, as far as numbers. Think ChicagoPaul mentioned it the other day in a post, there is going to be a strong demand for cannabis in its dried state from companies making their own products from it. There is going to be a very very high demand in the global market. I’m glad I decided to invest in Canadian companies. I firmly believe the US is being penalized for bringing this shit on, starting the whole war on marijuana. They aren’t allowed to capitalize off of it the way other countries are already doing so, in that same breath, they all have their chips in, and American based companies will get gobbled up. It’s really just a drawn out propaganda full shite show in my opinion. Too much pride to say we ruined millions of lives and had it all wrong, plus the textiles and such, hemp oil. I’ll be glad to stay on board and enjoy the ride, sail off into the sunset
Yes, I’m totally on board with Aurora. Their game plan, their acquisitions, etc. I do believe they will be generating significant revenue, along with the other big players. But, it’s not going to happen on June 7th. It’s not going to happen the day it goes into effect in Canada and it’s flying off the shelves. It’s going to happen in an open global market where Aurora can export their premium Cannabis all over the world. That is when the real increases in our share price are going to be seen. I’m up over 250%, don’t see myself going in the red again on this one. Just think it’s going to take awhile for Aurora shareholders to see big increases in share value at this point. Billion outstanding, and no I don’t think that is too many outstanding shares. Just think it’s going to take some nice revenue numbers to get this moving, we are at current share price based on the future already. Again, just my opinions and thoughts on it all.
I see a lot of posts, showing that the rec vote for Cannabis legalization in Canada anticipating this vote to be a catalyst. Yes it will be a big event, but I’m starting to wonder how much of an impact it will have on these stocks. It’s no secret that the vote is coming, it’s no secret that it’s going to pass. Personally, I believe the summit in Geneva between June 4th through 8th, is a bigger event. The World Health Organization is going to have a 4 day summit in regards to the classification of cannabis in all of the UN. Yes, great the Canadian legalization is good for an increase in revenue. I see the bigger money being made out of Canada as exports, this the conference in Geneva being more significant than the final vote in Canada. After final vote it will take 2-3 months to go into effect. We won’t see the real impacts of legalization until 2019 in my opinion. There won’t be significant numbers in revenue for another year.