SHORTS DOESN'T SEEMS TO UNDERSTAND 110M shares vs 1.3B Before .. this stock Aurora Cannabis have 1.3 billion shares or more.
BEFORE
You have a stock with no profits, declining sales, running out of money, terrible management, technically in a 12 month downtrend and WORST OF ALL ~~~~> 1.3 BILLION SHARES
BEFORE the story stinks and have 1.3 billion shares that nobody wants.
Remember the short squeeze from $0.50 to $1.10 us ( that was based on 1.3 billion shares outstanding ) . ACB only ran up 100% .. Garbage Tilray ran up over 400%
You see the difference ?
NOW IN MAY 2020
You have a stock that's going to be generating PROFIT by end of the year, i have a feeling ACB probably come out with profits next qtr and send shockwave to everyone. You see afterhour price up 90% .... everything is changing, new management on its way, adequate cash for 2nd half of 2020, entering the CBD market in USA, legalization of marijuana in 2021 at the federal level in US, possibly a proven tested treatment for coronavirus on its way, expanding into edibles and vaping, BIG PARTNESHIP ANNOUNCEMENT WITH A BIG CORPORATE COMPANY .. oh is coming ........................... only 112 million shares outstanding including Reliva
The good news is too long to list ...... Aurora Cannabis is totally a different company now
The Marijuana Industry going to become PROFITABLE going into 2nd half of 2020 ... the last thing you want to do is go shorting marijuana stocks