RE:RE:Say WhatJSB1979 wrote: A 'deal' is the last thing Aurora needs right now. Business 101: Don't make deals from an extremely weak position. Anyone who thinks an equity deal with Aurora right now would magicaly make the stock price soar is dreaming.
Absolutely agreed. I really am truly sorry for those who have lost money here but the reality is that there are no "surprise" deals coming. There is no longer any Nelson Peltz involvement. There are no Coke deals, no Starbucks deals....no deals of any kind. This is now absolutely dead money.
Ask yourself for a minute WHY Terry Booth just unloaded 12.2 million shares (on the open market nontheless). Folks, I assure you if there was anything of substance coming down the line, he wouldve held. This is so clear.
The first sign of big trouble for me personally was when Cam Battley had a small garage fire at his house a year and a half ago or so and sold a ton of shares at $12 ish. The math didnt add up to me back then, as in, he sold enough shares to buy an entire mansion, not just fix a garage as people on this board were saying back then. So I also, albeit reluctantly, sold at that same time.
It was so hard for me to sell back then as I still fully believed in ACBs business plan and that big deals and massive sales etc. were surely on the way....but rather than rely on my emotions,hopes and wants, I unloaded when he did because I simply knew that there was no way he would've sold that amount of shares if he actually knew anything of material substance was coming. His actions of selling spoke so much louder to me than his words on Midas Letter.
Turned out to be a smart move, but man, at the time, I was almost physically sick over letting go of my then prized ACB shares.
In summary, all the hopes and dreams we all had of this "explosive and disrupting" industry are gone. For more than a few reasons. It is seriously time for the last few holdouts to accept the reality that big MJ isnt actually so big.