RE:RE:RE:Great article about AuroraHomestretch4me wrote: I agree, I just dont think they will get a 50% premium. 30% is more likely.
Jodiangel17 wrote: Homestretch4me wrote:
the article list at Aurora as one of the top three marijuana companies to stay away from. It summarizes my thoughts on Aurora perfectly. If you Google 3 pot stocks to stay away from this summer you will find the article. Like I said before, Aurora will be in trouble two or three quarters from now due to a cash crunch. Unless of course they dilute you guys even more. Nelson Peltz is finding it very difficult to secure a partner for Aurora and that's a shame. Aurora could have been one of the better companies out there but now they'll be lucky to be number five or six. Poor management decisions are costing them big time.
Eventually someone wil come in, present a hostile takeover and shareholders will get tired of waiting around and approve it. Guarantee any offer thats in the $15 range will have investors that have been red for a long time happy to break even and move on.
Auroras problem was that they were going to have no facilities or products ready for that matter come legalization and they had to scramble to make something happen, so diluting was the only option. Only way Aurora will test new highs is buying back shares