RE:RE:ACB fiscal Q4 results the market is speaking today re ACB down 25% on 20 million shares traded. More write downs to come. Huge amount of debt and have to be certain the lenders have shortened the leash completely. My guess is ACB is going under. Too much of a mess. Can't come back from that.
Purplekush wrote: And their stock is up 13% today, "very atrocious" indeed.
I made over 5x on ACB two years ago, Thank you BOOTH!!!!
Now Im stuck on this POS.
Smokininvesta wrote: Absolutely atrocious. The company is treading water badly while being left in a disastrous mess. Wrote a cheque to UFC for $30 mill cash during the quarter to get out of that deal. At a time when cash is king like never seen before, they just had to give away $30mill. Rightfully ACB is printing all time lows when considering the 12x rollback. A real shame and embarrassment.