Replies to post #13997 on Aurora Cannabis Inc (ACB)

[Moonboy1]

I will be staying away from Canadian pot stocks. Caliornia will rule the market and has always grown the best weed IMO. Canadian pot stocks may look good now because US governments lies and lack of legalization. But $ will change their lies soon enough. When you compare any California Kush to beasters there really is no comparison. GLTA

My posts contain opinions.

[crabclamjohn]

Carter - it sounds like you aren't selling like "the stay away in May" saying tells you to do? That saying also tells you not to buy back in until October but you say you are buying mid to late May. So would it be safe to say you are taking advantage of Others following the "stay away in May" theory? IMO GLTA

[greendragon420]

The same principles don't apply to this market, this is an emerging sector. It is not every day that the President of the US announces states will be able to operate with legal immunity and something would be put into place federally to fix the ongoing problem. The Canadian vote is less than 2 months away, also coincides with the World Health Organization meeting in Geneva to discuss the reclassification throughout the UN. So yeah, as far as this May goes, it is different than any other May for the Cannabis industry. The industry is just in its infancy anyways, there are no set patterns. The sector systematically bottomed out. Not only will Aurora have big gains, all reputable MJ companies will.

Just my opinion, GLTA.

[Chicago-Paul]

Aurora's Shares dropped from $12 to $6 a share because of short selling.

E-Trade even called me to ask if I wanted to loan my Aurora Shares to short sellers at a 24% interest rate.

The shorts do not have to borrow many shares to bring a stock down. They just need to SELL SELL SELL at any low price, and then cover at the end of the day.

Then SELL SELL SELL the next day and repeat the process.

They can do this now because Aurora is a speculative stock. However, once Cannabis is legalized in Canada and Aurora Sky is up and running - the shorts know what the possibility of getting caught short is very real.

I would LOVE to see a really good short squeeze in Aurora. IF you see Aurora spiking on no new news - that is the shorts covering and that is a good time to buy buy buy....