Aurora Cannabis Inc T.ACB

shorts are stubborn

[Matteo1234]

I would guess the parties that extend the ATM @ $500 million , turn around and short the shares as they can convert the loan to shares if they get on the wrong side of the trade. This has to be a botom for ACB shares. I would give it a ((.(99.9% chance.

[DerekVTXman]

I can see why they would flock to short it.  2020 Net Loss of $3.3 Billion should be a hard pill to swallow.  Grew too big too fast IMO.  They used the markets to their advantage and raised alot of money, but the industry sales never lived up to the hype we had expected.  Government excise taxes and OCS mark ups don['t help either.  

[whateveryousay]

The big growers expanded quickly on shareholders money and this huge dilution along with very strict government controls has killed ACB and WEED ZENA etc.Below average quailty weed at high prices did not help.It also takes about 40 times as much energy in Alberta to grow indoor cannabis than it takes to heat your house.The costs are very high to produce and overproduction was something like 60