You guys are funny...shi*ting yourselves and clutching your pearls one minute, then trying to be optimistic the next.
Let's break it down:
1) Insiders sell for a VARIETY of reasons. They only buy for ONE reason. Once the quarter ends they're going to be going into a quiet period before the next earnings are released. My guess is folks are selling now, while they can, before the lockup period. Who knows why they might need cash. People have lives.
2) As Dbuzz pointed out, just because Cam has been vilified for the drop in share price, it doesn't mean it's his fault. The miss last quarter was HUGELY over-exaggerated. They missed his range by 1%. Calm the heck down.
3) Am I the only one who sees this as a positive? Cam is being redeployed to build out Australia. They went from 500 med patients to 24,000 in a VERY short period of time. There is a LOT of potential in the Australian market. Don't forget that Aurora already owns 10% of MedRelief Australia and has 50% voting rights. HELLOOOOOO. Think on that for a sec before you FREAK OUT.
4) Aurora is sending out the troops. They have Scott Dowty folding in Folium Biosciences. Now we're going to have Cam folding in MedRelief Australia.
The sky is not falling.
When there is blood in the streets is the time to back up the truck.
Someone asked for opinions on whether ACB will gap up or gap down Monday morning. Who really gives a crap... except day traders. I'm more concerned on where the stock price will be in Jan 2030.
I sleep well at night.
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