RE:Did Cam do anything for ACB - O YAYA !!!!!!!! You think sCam did this? Really??
This was well in the works long before they announced his departure.
Cam got asked to leave. He should have. He grossly mislead people with his empty claims. You don't get to sell positive EBITDA delivery for over a year and then back off overnight. This was only after they missed their own claims. Their credibility is awful due to this. Sadly Booths crude truths were better.
After his "performance" he should keep his head low for a very long time. I can't see too many people trusting him anytime soon He was NOT the brains behind this.
His exit is a GREAT thing for Aurora. In a market that lacks credibilty and trust he was toxic.
They need to make a statement as to the future. They NEED to be accurate or even undersell and then over deliver. Cam was the opposite.
Peltz needs to make a statement. His silence gets viewed as total lack of participation. I personally do not believe he gives a sh!t at this point. His options are at $10. He hasn't put a single dime into this. His only contrabution that we know of is his advice to "not take one partner but multiple partners". I aksed this to you yesterday, got no response. How many has he produced in the last year? Please enlighten us.
ACB is not going bankrupt or even in trouble right now. They are the leading selling company in the market. Other nations (Australia, Germany and so on) are about to start buying ACB MJ on mass. See CannGroup distribution and importing news as of late.
This has all been a very well organized SHORT ATTACK. Retail doesn't drop all our shares at the same exact time. Most invested with the basic knowledge of "weed is already a multibillion dollar industry, it is gonna take time to eliminate the blackmarket, I am gonna HOLD THIS for a few years or so". They don't trade daily.
Institutions and banks enjoy holding this for the simple fact it is a GOOD long term hold. In the SHORT term they are lending out their shares to the sharks at 50% interest (give or take). They are making bank both ways already. The "smart money" isn't short now. They don't stick around for the last bits. They will turn on the current shorts just as quick as they turned on us. MM are out to get EVERYONE. The only difference is shorts are on a clock interest wise. Longs are just subject to stress in the short term having to watch this blatant manipulation. IF those longs remember their LONG plans they should calm down. If they were truely long they weren't counting on that cash today anyways. These retail investors that are holding long don't realize that because their shares are dormant the banks they hold them with are lending them out.
Someone please feel free to show me another industry that allows people to sell things that they don't own. To rent things out that they don't own. This would be like me renting out my neighbors house while they are on vacation without telling them. Then others will bet on whether I am able to pull this off or not. Crazy world.