Replies to post #3080 on Aurora Cannabis Inc (ACB)

[MrAwesome10]

Right now this is a lot of desperate traders trying to keep the run and sucker people in for loose change. Used car dealers. Like buy cheap while you can bs or base is formed. The number one competition twe$$d was the first to run and they stayed there for a while. Right now as we speak they just started to start forming a base which will take a few weeks. This one hasn’t even started. If I had to take a guess. 3.00-3.50 for the new base and 3.50 being a high estimate. The sooner these car salesman stop trying to pump, the sooner the base can form. The deal with canniwhatever will have a negative effect if it fails because they will need pr for mid February when it restarts again. Combining the two won’t do much for the share price because when tw$$d and bedocran combined it didn’t do much but the hype does. Unfortunately that will dilute but in the long run won’t matter. That’s just part of being in investor and owning stock. Tesl@, pennies every stock does it unless they buyback. No stock stays at 100 percent gains and if it was I wouldn’t want be in it because means volatile and the bigger the crash.

[MrAwesome10]

Yes with all the uncertainty you would have to be crazy to buy shares now. With the deals and holidays. It’ll be a while this stock market cap is almost 2 billion. Saying it will go higher doesn’t even make sense. May go up 10 cents but that people being desperate.

[Cmobile]

The 100 percent run up was not due to the CanniMed deal brother. It was due to the highly improved fundamentals in their quarterly earnings report. The CanniMed deal caused basically horizontal movement. If it falls through or gets drawn out we could retrace to just below 4.00.