What make ACB different than siblings APH and WEEDI always wonder how some poeple pick certain stocks versus others. Why are you invested in ACB for example? Did you catch it at the right time and now you're hooked? Did you analyse all the projections, inventories, readiness for rec legal, cost per gram?
As you look at your market value of your holdings here, the only number to focus on, ponder what makes ACB different than the others.
Aurora's strategy is very different than others. It's different in that it's very aggressive "growth by acquisition" is making it a very diversified leader. From mega grow operations to greenhouse manufacturers to worldwide distribution.
Its latest acquisition of CMED is the best in the business. Research CMED and it was really a "low key, undervalued, medical marijuana only" play. It ignored the recreational market. A tragedy really but that's the facts. That's why #1 shareholder (GOF) got fed up and approached Aurora management. When Aurora management saw the potential of the Cannimed oil, 72,000 litres of edible top quality oil, they went HOLY #### ! (redacted here and on official filings). Check it out for yourself.
And now, thanks to the temporary downturn, it's managed to acquire CMED at half the price it announced. Luck or strategic planning? Possibly both? In any case,it's a big new plus for ACB.
Tthe bear thesis ACB was overvalued at $15 was true, simply look at the typical overbought and oversold indicators RSI and CCI.
But with ACB at $8.50 ($7 if you buy via CMED), the bear case is getting weak.
People should really use these forums to discuss facts, strategies and other items that are constructive use of time.