Replies to post #42079 on Aurora Cannabis Inc (ACB)

[Edward]

Oh , i agree. Very apparent investors are more favorable to Cron than Aurora. It is very apparent as you stated correctly in post # 42057. Just a fact.

[Edward]

"Actually, when talking about Shorted Shares, the "Days to Cover" is a better indicator."

Not what the discussion was about-two different subjects.

Better indicator for what? Days to cover is relationship between the number of shares in a given equity that has been legally short-sold and the number of days of typical trading that it would require to 'cover' all legal short positions outstanding.

My reference to a better gauge was the pct. of shares to the O/S. indicates what company was shorted more which what the subject was. Since there is different amount of O/S for a company, the company with the higher % shorted to it's O/S, is shorted more.

[mr green239]

"I understand why CRON is being shorted at a market cap of $3.5B. I am asking myself: Why is ACB being shorted at a market cap of $7.5B?"

Because $7.5B is way overvalued.

Maybe if the industry was a monopoly and Aurora maintained world dominance 10 years minimum.. market capitalization could exceed hundreds of billions.

But it's not a monopoly. countries and competitors are opening supply flood gates faster than anyone had thought.

For everyone on earth to stay high every hour of the day.. the demand in volume (production efforts) is extremely low in comparison to any product. As of now the retail price is extremely high. Fundamentals of economics suggest change is imminent.