Replies to post #69407 on Aurora Cannabis Inc (ACB)

[wEaReLeGiOn]

There is no accurate guide as to how a company keeps one foot in state law, and the other in federal law.

We have a company here trying to get products to people to make them feel better on some level.

The courts need to keep up. I dare say US courts are among the world's least liberal.

I think ACB due to the extrodinary amounts of capital they've infused within the company will be just fine eventually. It's not like this has been done before and I think ACB has a leg up.

My trades don't reflect a long position. This isn't yet a long company.

I put $100k into a trade here because I knew I could buy that much stock without a dimple on any direction.

My sell point is already in.

I'm here to make money trading this stock, which is another reason I haven't been around much lately; it wasn't trading well, and now it is. Nice 10-20% swings.

[player1234]

"for strategical things like aquasitions(sic)"

This claim was made the last time they announced more massive dilution. Never happened. The money is not separate in any way from any other unrestricted cash. They will spend it on everyday things because they are bleeding cash, It's all mixed in the same bucket.

They raised more cash to keep their bonuses intact.

If you want to believe what management says, instead of what they do, so be it. History, and the numbers, tell the tale.