Replies to post #61593 on Aurora Cannabis Inc (ACB)

[CannaZoid]

Not getting back into this name until after earnings.

Here is your future earnings “Reality Check” call Transcript:

“Not enough stores open in Canada

Little to no revenue growth this quarter

Germany sales halt hurt revenues by 10%

Little to none 2.0 high margin sales in this quarter

Losses are huge but lessening

EBITDA pushes back

Cash remains a concern

Any proceeds from sale of TGOD in the balance sheet are a one time “non-recurring” revenue that only looks good for one quarter”...

Lastly, with over a Billion Shares any good news will only move the needle .50 to a Dollar. Terry isn’t waiting to drop big news on Midas Letter. A publicly traded company can’t legally sit on good news, they have to announce so insiders can’t load up prior to the public. That’s insider trading and you go to jail like Martha Stewart...

[TREND1]

Only SHORT here.
stop=chan 22,3
stop = rsi < 30