RE:RE:Think about itDDobbs wrote: 20 dollars when?? If you think 5 Years that is an awful 5 Year target. Look at canopy for example, that hit 8 bucks quick then 20 now 33....in a span of a few months. I think 20 is attainable by this summer with 100 attainable in 3-5 Years.
For aurora to hit $20 pre-legislation, we’re going to be needing some major investment from a player similar to constellation brands who invested into canopy. Hype and future projected growth cannot drive this stock to a $10b market cap. I am long ACB. I see them continuing to expand cross borders and capturing international market share along with being one of the major sellers in Canada as well; however $20 by summer seems unrealistic to me unless something substantial occurs. Pease keep in mind that at the current price of $9.60 per share our market cap is pretty close to canopy’s. If they can continue to increase sales leading up to legislation and complete aurora sky on time, I can see $15 being attainable.