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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 > I Wouldn't Have the Ballz to Short at this Price... Lol
View:
Post by RichyRich$ on Sep 29, 2020 11:07pm

I Wouldn't Have the Ballz to Short at this Price... Lol

You'd have to be insane to Short ACB at this price! The Risk is way too high versus the reward. The daily drops are diminished to 2.0% now. The bloodbath is over. Yet you risk waking up being down 50% on open! Any piece of news can cause an after hour short covering frenzy. The risk is huge if you're shorting on the Canadian TSX exchange... because in Canada the retail investors cannot trade after hours or pre-open. Huge risk if you're shorting on the TSX. News can come out it the evening and you wake up 50% down on open! Time to cover little boys. The risk far outweighs the reward. ACB won't drop more than 2.0% in a day, now that the blood bath is over. The bad news Came out September 8. Its already October soon. A month past the bad news. This will trend up for October.
Comment by charliebitmyfin on Sep 30, 2020 12:52am
who cares if it goes up 50% if you have been shorting since it was a lot higher than $10
Comment by RichyRich$ on Sep 30, 2020 5:45am
Charliebit... I'm taking about new short positions opened up. The reward is too low verus the risk at this price. And if no new shorts come to the table. It runs out of steam. And the current short holders from above $10.00... will want to cash in when the gain is limited from here. Shorts that were holding for months will want to cash in like lemmings and find something else to short with ...more  
Comment by charliebitmyfin on Sep 30, 2020 7:56am
omg sorry to say but motley is warning everyone to get out of aurora now , https://marijuanaindex.com/index-news/
Comment by NewfieBullet76 on Sep 30, 2020 9:23am
Do opposite of Motley "FOOLS" do.
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