RE:What You Must Know About ACB Financial Health
Excellent point. And shareholders have to remember that debt holders come before shareholders when there is trouble. The runway for growth is very long for ACB. Doesn't mean that in 2-3 years if they overextend themselve, they might have issued but short and medium term, it's all green at this point.
We technically don't have a buy signal on ACB yet but as others have stated, we have them on WEED and APH today and CRON hit the buy signal last week.
ACB will do well with it's extremely aggressive growth by acquisition. At $15-17, I would honestly become worried again in the short term if we hit it in the next 8 weeks for example but at $7-8 given all we know, this is a great speculative purchase along with other leaders.
Can we see more downsides here very short term? Yes, Significant? No.