RE:RE:RE:RE:It's All PotI certainly don't see this being a possibility unless there is a ton of irrational exuberance in this sector. Especially if you considered the fact that their outstanding share float has virtually doubled from where it was at the beginning of the year.
Of course, Aurora would be absolutely ecstatic if they did hit the $17 mark because they would then be able to call in all of those warrants and get their hands on that $13.10 per share that the warrant holders would have to pay to them for the forced conversion.
enrgizer wrote: Stockemups wrote: enrgizer wrote: I like that number, however how did you get to this result? All analysts are saying 13-14..
Stockemups wrote:
All the time. In the news, on business tv channels, in the financial newspapers. All pot stocks are going to fly. Aurora especially. I'm pleasently surprised that ACB has risen so much since its decline after the end of June. I thought the whole summer was going to be a washout. My thought was come September the pot stocks would pickup but now with the late August swoon, I'm raising my price target on ACB. By legalization ACB share price $17.56.
One word......... MOMENTUM........And I'm a momentum investor!
Let’s hope you’re right!! :)