UNDERSTANDING ANALYSTS that's covering Aurora CannabisWhen Aurora was going down the toilet ... majority of analysts covering aurora was very negative towards ACB .. no earnings, running out of cash, in a technical meltdown, and a mind boggling 1.3 billion shares ........ many shorts went heavy and shorted this stock aurora when it was near death ( their short position went in thinking the stock is heading to ZERO or thinking the company going to be announcing bankruptcy ) ......... miscalculated and BET WRONG
Now the whole story changed dramatically .. 1.3 billion shares now down to only 110 millkion shares. It's now a brand new company and capable of moving up fast due to its low shares.
Shorts never DREAM this company going to be announcing profits ( shorts miscalculated and now paying for it ) Shorts never dream ACB will get a great bargain and buyout Reliva for such a great price and now entering the CBD market in US ( once again shorts miscalculated and now trapped )
What else the short sellers doesn't expect ??
they never expect ACB will breakout of its 12 month downtrend ( once again, shorts miscalculated again ) ACB ALREADY BROKEN OUT ITS LONG TERM DOWNTREND AND NOW SITTING PRETTY FOR THE NEXT LEG UP
ACB can go up 12 month in a row from here... something SHORTS never going to expect will happen