This is the reason Terry is telling the press on why he sold 12 Million shares (almost 3/4 of his ACB Holdings).
"The market volatility with respect to COVID-19 and a number of opportunities in the industry led to me taking some cash to the sidelines,” Booth said in an emailed statement to BNN Bloomberg.
“I believe many cannabis stocks including Aurora are undervalued and I will be watching present market conditions unfold. I will definitely be considering buying back in once the dust settles.”
Wait until you see what comes next.
Terry has Insider Information - that is why he is selling.
If Terry really thought ACB would be worth $2/Share in 2021 - he would not be selling of 80 Cents today. $2 in 2021 is more than DOUBLE the current share price.
So when the "Dust Settles" at ACB - Terry will buy back-in with Nelson and will make a fortune off of the Shareholder's backs.
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