RE:My $5 price target as we know acb has the largest selloffBrownyscake wrote: I would buy right now because of the following reasons.
1. The day all weed companies spiked and got halted was the same day alberta government was accused of leaking information on weed stocks.
2. ACB will have the largest grow house.
3. ACB is way to oversold because of thoughts of dilution
I would buy shares now I just brought another 5k on my tfsa
Read more at https://www.stockhouse.com/companies/bullboard/v.acb/aurora-cannabis-inc?postid=25570655#kyxQFgh1qBv4EJSg.99
ACB oversold? Are you crazy? Have you seen its current market cap compared to it's earnings and revenue figures? I swear most traders on Stockhouse only look at 52 week highs and lows and use that as a bases for valuation and where the stock is headed.