Replies to post #32582 on Aurora Cannabis Inc (ACB)

[Billybob2411]

I’ll take it. It’s a nice push into financials on Monday.

[Rugood2]

I agree. Seems like that's the case after every good news we've had. Always a gap up then fall down. Only, to finally climb back up a bit. I expect great earnings for the highly expected earnings report on the 12th and for the stock to drop. Yeh, doesn't make sense to me but check the history of Aurora's past reports/stock activity...

[bsdvs23]

Congrats to those who took profits on the weak fading gap. Just like going public (in my opinion) there was too much FOMO leading up to the election. That can be said for the whole sector (FOMO that is). This is why I said to hold on buying the gap. Just a classic 'gap and trap' on news. New money buying into selling pressure.

Now just need to find stability for re-enter for adding more shares to a scaled-out position (unless you sold all and looking for new scalping of shares).

Thanks to those replying to the previous message (attached) through PMs, etc. Hope you sold on the 'sell the news' this morning gap.

7.68 remains resistance... as media and press releases pump of the hype for cannabis and the mixed election outcome with N.Dakota voting against and Michigan voting for recreational marijuana.

Personally, the cannabis sector built-in the potential pricing of both states voting yes. Regardless, of the outcome, cannabis is certainly here to stay - now just depends on how long does it take for banks and retail shopping stores to join the party...? That's when things get HIGH (pun intended).

Canopy Growth continues to be the most loved cannabis stock and perhaps the most beneficial to medical marijuana purposes; especially with Missouri's intentions to enter the space legally. $ACB needs some TLC.