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Bullboard - Stock Discussion Forum Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  ACB | T.ACB.WS.U

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company's principal business lines are focused on the production, distribution, and sale of cannabis related products in Canada and internationally. The Company’s segments include Canadian Cannabis, European Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Aurora Drift, San Rafael '71, Daily... see more

TSX:ACB - Post Discussion

Aurora Cannabis Inc > Quarter Report Theoretically Already Happened September 8
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Post by RichyRich$ on Sep 20, 2020 3:14am

Quarter Report Theoretically Already Happened September 8

They already gave the bad news of the write-down and missed earnings consensus. Its already priced in. Which is why Mr. Wall Street is gonna look for any excuse in the actual Sept. 22 quarter report to short squeeze the shorts. Wall Street will see more profit in busting the shorts and doubling this stock price versus trying to work it down slightly lower. Actually... after the negative news on September 8... I'm quite impressed it held ground pretty good for the 2 weeks to follow. Usually after bad news it only trends down for 2 weeks before a huge reversal to the upside to fill the gap to the upside. Especially with a high short float. I averaged in for an average around $9.00/share. I'm expecting a big pop Wednesday morning! Wall Street will look for some excuse to rally this! Some future guidance and new strategy the new CEO will most likely disclose.
Comment by Duediligence33 on Sep 20, 2020 6:53am
There is NO " gap to fill to the upside". The May peak sp after split was around $ 24 and the subsequent decline was a STEADY ear flag downtrend with no gap at all. The $ 7.50 gap area will be fill with a final flush down fo $ 5 or 6 and then a bounce back up to fill the flush gap to maybe $ 8 and then back to $ 6 where it will be range bound to next earnings. Dont forget next quarter ...more  
Comment by Swingzup1 on Sep 20, 2020 3:57pm
I'm not yay go aurora, aurora is the best type of pumper like a lot of ppl on this board. I will say that there is a upside gap to fill around 31 dollars that maybe u missed. And on smaller time frames there is a gap around 15.
Comment by RichyRich$ on Sep 21, 2020 1:19am
Yes Swingzup. A smaller time frame is what l meant. I'd like to sell a quick pop to $15 to $20 on a short squeeze. On a longer time frame you are right with + $30.00. Especially if ACB does not make a new low. It would be a situation of longterm rising bottoms with early May being the lowest. In a rising bottoms longterm uptrend... which we may be in if a new low is not made... then it will ...more  
Comment by enterusername on Sep 23, 2020 6:29am
Should be  an interesting automn.
Comment by shooter300 on Sep 20, 2020 9:12am
it make sense think about it. 
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