Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Aurora Cannabis Inc T.ACB

Alternate Symbol(s):  T.ACB.WS.U | ACB

Aurora Cannabis Inc. is a Canada-based medical cannabis company. The Company’s principal business lines are focused on the production, distribution and sale of cannabis and cannabis-derivative products in Canada and internationally, and the propagation of vegetables and ornamental plants in North America. Its segments include Canadian Cannabis and Plant Propagation. The Company's adult-use brand portfolio includes Drift, San Rafael '71, Daily Special, Tasty's, Being and Greybeard. Its medical cannabis brands include MedReleaf, CanniMed, Aurora and Whistler Medical Marijuana Co, as well as international brands, Pedanios, Bidiol, IndiMed and CraftPlant. It also has a controlling interest in Bevo Farms Ltd., North America's supplier of propagated vegetables and ornamental plants in North America. Its subsidiaries include Aurora Cannabis Enterprises Inc., Aurora Deutschland GmbH, TerraFarma Inc., Whistler Medical Marijuana Corporation, and Indica Industries Pty Ltd., among others.


TSX:ACB - Post by User

Bullboard Posts
Post by Jettthroon Apr 14, 2020 11:17pm
232 Views
Post# 30910190

Almost bottomed out.

Almost bottomed out. Hence 50+million shares traded daily. Someone buying these shares. My guess, 80 or 90% common, 10-20% Company/Institutions. When shares get shorted, only 5-10% are by shorters. They dont make 10s of millions daily, But they do weekly. Look at charts starting last July. What do you see is thats its repetitive weekly. A 5-10 percent decline. Then a jump, then 5 to 10% decline. 10 straight months. Same sequence. Manipulated? A perfect obvious example. If shorts could bring Aurora to minus 5 dollars, they would. Right now, Aurora isnt based on forecast value. Forecast value would be 3-6 dollars a share. Its based on what they want the price to be. Believe me... theyre buying lots of shares. At very cheap prices. Bashers bring the price down. A lot on here. Feared investors sell. Im not saying institutions are buying all of them daily, but say 10% daily, for 4 to 6 weeks. Thats a big accumulation. Thats why longs are needed. If we all sold 3 months ago. Aurora would probably be trading over 300,000,000 shares daily. Again.. this is just my educated guess. Do I think Aurora has found a CEO? Yes. Months ago. Do I think Aurora is profitable? Yes. Why no announcements? To keep the stock down. Why the 12-1 or 10-1 or 5-1? To make certain people wealthier. Who have been buying up all these cheap shares. A small group. Will shareholders ever benefit? Guaranteed, when the time is right. And Aurora finally announces something positive. That something probably happend 3 months ago. Remember, if you know whether a stock will go up or down, in a certain period of time, (in advance) and guaranteed. You will makes hundreds of millions, either way. This is the current result.
Bullboard Posts