Aurora Cannabis Inc (ACB)

[Chicago-Paul]

Yep. The shorts like it when you try to average down.

The shorts have the longs on a hook and they are playing you.

Just watch: When ACB has a green day - everyone on here will start cheering that the "bottom is in"!!! This will create a little bit of FOMO and the longs will buy and try and average down AGAIN.

But what is really happening is: The shorts are letting ACB run-up a little bit to create a higher price.

Why would the shorts want a higher price?

Answer: Because the Short Sellers are SELLERS. They want to short from the highest price they can.

Personally, I am WAITING until FANTASTIC NEWS is announced. Once the FANTASTIC NEWS is announced - I still won't buy right away because ACB will climb on the news - and then it will sell-off again.

But if the news is REALLY FANTASTIC - then it will impact ACB long-term. And the stock will go up STEADILY.

Trying to catch a Falling Knife never works. And yes, ACB is still falling.