Wait for the deal They might never admit it, but there is a pi--ing contest between Aurora and Canopy. Although Canopy is far ahead, it only seems reasonable that Aurora will be aligning with a beer giant sooner or later.
It seems that the low price of Aurora would be a luctative looking deal for a brewery looking to get a foot in the door without paying a premium price.
Whether the stock goes up, down, or sideways, it makes no sense to sell now. If Aurora does strike a deal we could see a rise of $4-$5 dollars in a matter of days. Canapy went up over $7.50 in two days.
After the big run would be the time to sell. After they make a deal and the stock shoots up. Take the money and run.
Invest it in a cheaper, mostly ingnored cannabis company that has started making waves. About a week ago, Emblem Corp. was around $1.19. It closed at $1.54 >>>up .18 cents today. Very sound company and a great price. Do your due diligence. Probably over $2.00 very soon.