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Can someone help me understand why ACB getting hit like an ugly step child?
Canopy Growth sales up 63% in Q1...Aurora still disappointing!! and pushing acquisitions to increase revenue that hasnt dont anything yet.....
auroras rat race of acquisitions destroying its shareholders. Down 60% in a month. I've said it before will say it again, the management approach has been awful! at this point you'll see returns in 15+ years....if any...new investors are from the acquisitions are happy buying now, and will be happy when it hits $2. existing shareholders are the ones getting fkd. wish I got out earlier, little to late.
in my opinion.
https://ca.finance.yahoo.com/news/pot-stock-punishing-shareholders-1255327
sums up how I feel about Aurora right now...digging it's own grave.
...so basically Ontario government says "fk you" to private retailers and wants to keep all sales privately operated by government...?
which means all the deals and acquisitions ACB has done with Liquor, online retailers, etc go to shit
as good as some the news has been...it hasn't been good enough for significant changes. ACB continues to go down.
all the money spent, acquisitions,etc. is weighing down this stock.
I hope Q2 shows it was worth it!
Aurora with another aquisition on the way...$1 PPS here we come
spending $2.5 billion on a company not worth $2.5 billion isnt exactly a positive piece...
ACB down 25% in the past month....
dude there are soooo many analyst that dont even believe in these market caps. there all presumptions...but, like you...I hope Aurora proves them wrong. if it falls below support line, that's saying something.
Exactly, this was bound to happen. Just take it as it goes, do your own research and make choices based on that. ups and downs are gonna happen.
the dilution of the new merger jsnt over. so just prepare for lower lows.
(not to mention, lots of analyst still believe Aurora over paid for both its major acquisitions...I agree)
imo
thing is...people on this forum are investors of ACB, so obviously we all want to see green and profits.
But, there are way too many factors right now. We still gotta wait till Oct, wait for more international sales, domestic, etc. Also....the stock is falling below support line, and it will fall more, the dilution of the new merger isn't over. YES, they're positioning themselves for the future, but they're killing investors along the way. everything ACB is doing is based on the billion $ valuation they gave themselves...
you have 3 choice: 1) sell, 2) buy more, 3) wait it out.
imo
MJ sector had like one good week so far and back to it's regular red performance. Don't get to surprised. Just wait it out.
auroras been seeing a lot of red. Even when comparing to other cannabis players. The volume I'd way too high and dilated to make significant gains....imo
what?
ya you can buy ACB on Toronto exchange....
WEED hit new 52wk high...I think ACB would have too if it wasnt so diluted :'(
if you say so....
thankfully, I have others as well.
And I invested in ACB because I believed in the long term potential, specially on an international scale.
But their recent movements.....have me questioning.
lol its true though. ACB keeps bragging about how their execution has been perfect and why they're the best.....but the market says otherwise.
I want ACB to succeed obviously, but I'm disappointed so far.
OH and if ACB is being compared to Valeant.....that's not looking so hot for them.
imo
Is Aurora Cannabis Inc. (TSX:ACB) Pulling a Valeant Pharmaceuticals Intl Inc. (TSX:VRX)? - https://ca.finance.yahoo.com/news/aurora-cannabis-inc-tsx-acb-124200569.html
Aurora Cannabis Inc. (TSX:ACB) is at it again with the acquisitions. Here's what investors need to know.
January had much more speculation, that's why the MJ sector moved as a group.
Now, legalization has already made it to Senate, investors are now looking deeper in financials, profits, debts, production, etc. and if the company cant give numbers that make them comfortable, they'll continue to wait or keep playing the shorting game.
Also, ACB has diluted shares multiple times, and still not over. Investors are just waiting.
Canopy Growth once again proving it's the MJ sector leader. Great performance last week and today.
Why cant ACB take notes instead continuously diluting its shares.
Everyone here is getting excited ACB seeing some green today, but the gap between WEED and ACB is not something ACB can close.
Canopy Growth reporting $23 million this quarter.....meanwhile Aurora still diluting shares and just talking about doing things and haven't actually done anything yet......wtf ...
lol...that being said...not off to a good start haha
not everyone here is looking to invest and get rich quick....idk what you're expecting...for the price to jump 200% overnight?
People also believe in longterm gains. Analysts say Aurora will cover its losses by end of 2018 and start seeing profit...just wai...or invest in a company you actually believe in..
While you do bring up important points and some useful info, try to also believe the progress.
it said $115 million for the Anandia deal.
so....more dilution for existing shareholders....I think it's about time for Aurora to stop putting shareholders where their mouths are.....
still 3hrs and 39mins left to end of day...
guys....no matter what anyone on this forum says...do your own research. just because people are members here doesn't mean they support the stock..EVERYONE IS OUT FOR THEIR OWN BEST INTEREST. no exceptions.
so, collect your data, study your charts, review your own news.
gl.hf
it'll pass. PM of Canada has been backing up this bill since day 1.
the Bill passed and will most likely pass Monday as well to become law....here's what's happening....
1) MJ stocks got pumped hard through out the week in preparation for Thursdays vote. now "sell the news".
2) people made enough money over this week and time to dump and get ppl scared to sell....as you can see, it works. lots of novice investors joined the MJ sector, and the bears know how to make them dance.
3) price drops gives more buy opportunities. cause these stocks will go up. just at a slower pace than we've seen this week.
you can't deny the money to be made here. Outside of Canadas legalization ( which has been the main focus) people are forgetting Aurora is trying to be an International cannabis powerhouse.
imo
2 questions, 1. does anyone have level 2 view right now and how's it looking this morning?
2. theres live conference today correct?
dude it's one day of green....chill out.....Its been red for like 2 weeks straight.
the important part is how consistent can it be.
that's what I've been saying...look how green the other MJ stocks...Aurora can be barely the .99%green....Aurora has been it's own worse enemy, due to all the dilution... TGOD is almost trading at same price.
imo
they're also one if the only major MJ stocks unable to see significant greens....meanwhile, just look at all the other players
right now....the cons outway the pros in terms of investing into Aurora, that's why we see it's the only MJ stock in red....even TGOD is almost trading at same price
almost all the MJ stocks are up....except for Aurora...again...
Canopy Growth almost back to it's 52week high, what's happening with ACB =[
it was a nice green day. but maintaining that momentum till June 7 is gonna be tough.
I hope we dont see harsh drops
do you think this was a pump and dump for Tuesday?
once again the market reaction to another ACB deal is not what they expected