Aurora Cannabis Inc (ACB)

[player1234]

This BAD news was predicted in June.

Here's what I said in June:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158150522

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"...Q4 isn't meeting their expectations and they want to write everything off they can, as quickly as they can. Since they are cutting expenses dramatically, that means they didn't have the revenue to support those expenses in Q4 and are extrapolating out into Q1.

Q4 financials are going to be a mess with huge write-offs and lower than expected revenue, in my opinion."

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So what is happening? Exactly what I predicted.
1) Q4 revenue BELOW Q3.
2) HUGE write-offs
3) FAILURE to meet Q1 goal and moving positive ADJUSTED EBITDA goal to Fiscal Q2 2021

They keep moving the goalposts, lowering the revenue and margins, and increasing the write-offs. As predicted.