RE:RE:RE:MartialArt are you ok ?Aurora's announcement of the cultivation license was muted by the wider market panic at the time. The Canopy news was actually more impressive since it was all over the TV news with guys planting the new arrivals. Aurora has a big white space with zero plants.
We got a nice pop today and likely tomorrow unless it fizzles out early because both the markets and sector were due for a small bounce off oversold on very short term periods.
Problem is, the volume isn't impressive on the broader markets and in this sector. Unless we can sustain it, this is going straight down again. Slowly if the markets consolidate or HARD DOWN if the markets head back down to PANIC again!!!!
Makes things tricky with CMED because of the stink Offer terms. Boy is that nasty stuff. Aurora really knows how to throw its weight around!
I don't know about you guys but ACB is BIG and freaking scary coming after Princess CMED like that! OUCH! LOL
Thelonious wrote: all the weed stocks got a lift from the good news from Canopy. Why did all the weed stocks tank after the news about Aurora sky getting their cultivation license? I thought for sure acb and cmed were going to be green the week after the announcement but it proceeded to be a bloodbath the following week. I find sometimes that good news doesn't necessarily coincide with the stock price going up in this sector.