Origin House (fka ORHOF)

[CornellEngineer]

Aurora earnings report out...

https://www.marketwatch.com/story/aurora-stock-falls-as-earnings-show-cannabis-companys-investments-are-still-the-big-earners-2018-11-12

Skimmed through it real quick...seems to me their revenue from pot sales is way up but they are spending money hand over fist.

Hard to say what this will do to the other MJ stocks...I can see the revenue figures and strong sales being potentially encouraging for the other pot stocks as a whole and any spending problem being unique to only Aurora.

I suspect the market will likely overreact as it often does to all these earnings reports one way or the other and will trade accordingly. We're back into Origin House & OrganiGram as of today...if the market overreacts on the positive side we'll be looking to sell into strength and if the market overreacts on the negative side we'll probably double down on one or both when the timing looks appropriate.