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AURORA CANNABIS REVERSE STOCK SPLIT EXPLAINED & WHY YOU SHOULD WAIT TO INVEST IN THEM



What’s up everybody! Today I wanted to go over what happened to Aurora Cannabis, ACB stock recently underwent a reverse stock split of 12:1 meaning that …

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26 Comments

  1. Thank you very much because I had 14 stocks and was planning to sell at $10 but when they updated my brokers a/c I see only one stock worth $8.56. Thank God I made my money in cannabis and leave.

  2. I’m invested in a few MJ stocks right now and can say everyone in each group says they are upset with the company honestly I wouldn’t blame it on all the companies. They didn’t know this rollout would be this bad, once more retail stores open it will be better! If you truly believe in a business patience is a huge step in this industry. I said from day one when I invested in MJ years ago it would be a 5-10 approach for me.

  3. Wait, people are actually considering buying into this still? I'm confused, why would someone buy into a company that took basically a penny stock and did a reverse split? Wouldn't that mean people would be paying more into a share that is obviously higher than what is was worth a couple of days ago? Help! I feel like I'm missing something, but yes, I shall subscribe sir! ☺️

  4. Hey Greg! Great analysis here! I like how you took the time to really break down the fundamentals so that a beginner could understand. I’m trying to build my own portfolio full of high quality assets and I can definitely use your breakdown as a helpful tool. I’m looking forward to watching you grow!

  5. I've been holding this garbage since for 2 years and watched it steadily decline. You think I should wait until the earnings report gets released Thursday to sell or just unload it now? 🤔

  6. Quick question! Was anybody able to sell ACB stock right after today’s market opened? News article said they could gain more than 1000%.

  7. So i bought call option but its say im -66% and the tob is -92% do i sell or wait for the report this thursday…also whiting patrolling is a good idea to buy a call option for long term or is it possible they will also have a reverse split..

  8. Bro I'm so piss! 3 weeks ago I bought 1400 shares around $1000. By $0.70 each share. Now I have 120 shares ($866) I will sell I buy bitcoin instead 😤

  9. So I had 600 shares I bought at .94.. I just got screwed! Should I sell them all now? Bcuz I feel the $8 price will continue to go down hill!

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