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Friday, 02/07/2020 1:07:20 PM

Friday, February 07, 2020 1:07:20 PM

Post# of 70335
AURORA'S FUTURE.. In my humble opinion it's good that were getting everything out and behind us as far as the the Goodwill write down now they're cutting staff to save money it looks better on the balance sheet.. Things are not the best at the present time don't let the fear mongers stir the pot many have been told this is a long-term investment.. My advice would be extremely patience if you're thinking of adding to your position because the price is going to go lower there's nothing you can do about that.. But don't forget the company has stated that they will be profitable By 2021.. Aurora has hired a director Lance Friedman from Kraft Foods who specialize in marketing food products and brought one of the biggest cookie products to Market in the world (Oreo)... The show Will Go On they're going to hire a new CEO and someone to take Cams spot and my bet its going to be someone who can take Aurora to the next level where Terry and Cam falled... and the fear mongers are having a Heyday but remember Aurora is still going to be selling medical cannabis , recreational Cannabis , all their other products Edibles included for the rest of this year , and despite what some will say 66 million in revenue is still not bad..As more retail stores come online and we haven't seen the bulk of the edible revenue on the balance sheet either that is coming.. You also have an opportunity to add to your position at a very cheap price and it's already been stated that Aurora earnings report wouldn't be anything to smile about until Q3... Also remember it's good Aurora is tighten up on the spending not being wild with with the money anymore.. and that's a good thing and the restructuring of the company it had to happen also the Goodwill it's better that we get it on the books and that way nobody can't throw it up in anyone's face it's already been written down we've already went through it.. The price will reflect the write down and during this rough time you can add to your position very cheaply.. I know some idiots are going to say sell sell sell which we all know some of us have bought at higher prices , and that's just really not an option.. Unless you want to take a major loss and no one wants to do that.. So I would say it's much better to ride it out to when the company is profitable.. Because Aurora is still one of the largest cannabis producers in the world don't forget that.... Also remember these growing pains and this rough time as a shareholder it's not going to defind the entire future of the company.. By any means The Show Goes On.. As a shareholder NO I'm not happy.. In my opinion we had a CEO and cam they made some poor judgment calls we let the alcoholics have the keys to the liquor ccabinet in regard to the money , and I think they overpaid on quite a few of their company buyouts but in the future I do believe Aurora will be alright in the long-term.. But this year I don't foresee it being a very easy time to be a shareholder and this summer there's no telling how far the price will fall.. But all the best everyone... Remember this too shall pass and for those who have invested over a hundred thousand I feel extremely extremely sorry for you... Because this is not going to be a 6 months or 1 year fix.. Your probably going to have to hold shares here for at least five years for this to become positive...
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