RE:What will happen to shorts tomorrow!I have not invested here in a long time, but I saw the financials and thought that the price to earnings ratio was pretty good. I bought 1500 shares, and I know the quality of their product. It could take 2 years for the producers to up their production to:
1) be growing enough product to meet demand (hire people, train, learn and tweak) for Canada and around the globe. It is a good thing for ACB that Aurora Sky is automated.
2) lower prices to compete with the black market. A lot of people are still going to the black market because of lack of demand, and because they are getting better bang for their buck.
Aurora should not have a problem selling all of their product, and that bodes well for us investors. The increasing revenues is what I like to see, and Aurora is not all bloated with expenses like Canopy. Tweed had a great 10.17 party, but Aurora works.
$500 Million in liabilities and $100 Million in 2018 revenue before recreational sales. This is a no-brainer. Hold no less than two years. Good luck, all!