Aurora Cannabis Inc (ACB)

[jp68]

No way I would eat 70k if I did not have too especially if there was not much left. I know everyone here will tell you to get out while you can but maybe I can cheer you up with an alternate scenario than the doom and gloom.

First the company has trimmed the fat, that is fact as they laid off more than 500 people and halted all non essential projects.

Second the company is still in full production and distribution mode even in the current environment. Our main grow op is so automated very few humans are needed.

Third is the 2.0 sales that started back in Dec. we should see a nice Q my guess is should be biggest Q yet.

Fourth is a new CEO after the R/S and Q are posted or around the same timeline give or take

The numbers I am looking at after R/S are what I think will propel the stock up.

The O/S will be just over 100 million
The production cost per gram should drop again, the write offs are done and the company is now streamlined for profit over expansion.

Think about a company with 100 mil O/S and 60-100 mil per Q

Food for thought instead of doom and gloom

GLTU in whatever you decide to do and it is only truly a loss when you sell, right now you are down but in 2 years you may be a millionaire no one knows for sure