RE:RE:Took small position todayThere are many, many companies with no profit that are highly valued in capital markets. Indeed, you can have bad company and good stock. Sentiment increasingly drives sectors. Also, we have seen what happens when there is short-squeeze. I am not defending ACB if you think profits (or even the number of share outstanding) matters, you may be shorting it or naive. For the record, i am expecting this stock to decline further due to tax loss selling, followed by sharp rally in January/February. Then we have to worry about general market dynamics and quarterly reports again.