Replies to post #56378 on Aurora Cannabis Inc (ACB)

[Chicago-Paul]

I'm not sure when (or if) I am going to take a long position on ACB again.

The sell-off from $6.60 pre-ER to today ($4 & change) was significant enough to tell me that there just isn't any fundamental support for ACB.

When ACB does go up - it is usually due to a short seller covering. And gains from short covering are not lasting gains.

I follow quite a few sectors and right now my tanker companies (think oil tankers) is really starting to heat-up because of the China embargo. So I'm focusing my attention on where I can make some money.