HOLD'em TIGHT!!!The hedge fund that bought all of the shares in the beginning which financed Aurora and who also artificially drove the share price up are the traders driving these share prices down. Retail is just stuck in the middle of a bigger (worldwide) game.
This has absolutely nothing to do with the Aurora’s management or any other cannabis company’s management. This is a young NEW business which the banks wouldn’t take a chance on. So where did all the startup money come from??? Hedge funds and they want to get paid.
Canacord is also making a killing in fees arranging all this money. We are retail investors and we are the ones holding the bag, but if we wait long enough our time will come.
Funny, I could have made a ton of money with this stock and several others 1 year ago. Regretfully I listed to bunch of “Negative Nelly’s” and sold too early after a drop. Take a look at December 2017 you’ll see what I missed out on.
Many here appear to be day traders and shorts, but if you’re like me a retail bag holder just “HOLD”. Or buy a few more to average down a little. I will not be talked out of these shares again and sell at a loss.
IMHO
BatBoy