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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 stocktradinguruon Sep 18, 2020 10:17am
221 Views
Post# 31580670

The Gap up on April 30

The Gap up on April 30Which started at $7.39
will be filled
ACB has dropped below $9.00

I fully expect ACB to drop to $7.39 before or once earnings are announced, including a $2 billion
$@@4&@!!! write off.

$2 billion!!!!! How can a company survive a $2 billion loss
with earning expected to be $70 to $72 million for the quarter...

The Share price is at 3/4 down lower wick of the monthly candlestick time frame.

As I said, look for the Gap up to be filled, at a price of $7.39....

That could be an entry point----stock would be approx....73 cents ( reversal of 12/1 split).

ACB is a perfect example of what is known in the stock trading business as a " falling knife."

You cannot catch it, meaning don't buy a stock that's a falling knife because the stock price will likely fall lower...

When to buy ACB??? After earnings. After ACB begins trading in a range/ accumulation. As well, conduct a due dilegence at ZACKs and Yahoo.Finance----EPS, Price Earning Ratio, price to sales,, price to book, debt left/possible write down....

The Gap up will be filled---at $7.39

Bullboard Posts