Makes me angry. And makes 0 sense.
Big institutions trying selling trying to lower price for before they buy in big time I imagine. Aurora goes public tomorrow on NYSE so makes absolutely 0 sense they been diving since they announced it.

Sold everything last week, tymen.

Rip to you.

The Canada post union stewart said people that ordered from ocs on day 1 WILL get their orders by thurday / friday.

I agree that it doesn't make sense that the whole sector dipped but i think ACB's dip makes sense, their Cogs are among the highest in the industry as is their OPex costs.

They reported positive earnings only because of their TGOD investment, which they then decided not to continue, a clear signal they know it is overvalued.

I'd be really cautious about being all in on ACB currently. not trying to bash just trying to promote caution.




Gz man, you buying back on the dip?


I had a short leveraged 3x etf that did well and an ACB put that did well but not NEARLY enough hedge

Before I decide to be cautious/sell at next spike I’d like to see their next earning report. I believe it will be released here in next day or 2. So fingers crossed.

Nice1.

Ya I'm planning to buy back in. If tomorrow was more of the same, then for sure then. Looks like I may have missed it though now lol. Things looking up all of a sudden.

I would be surprised if it is released soon,

they released Year-end in September (year ending june) (3 Month lag)
They released Q3 in May, after ending in March (2 month lag)

Q1 just ended September, expecting a 2-3 month lag we shouldn't see financials from ACB until November or possibly even December




I lost about 30k in the last 5 trading days, the hedge plays stopped maybe 2k of additional losses.

I need to learn to hedge way better

Oof, well you aren’t alone, everything is bleeding the last few days.

November 8th 2018 they post next quarterly. By few days I guess I was off by few weeks