Is this the bottom in ACB Stock? (Aurora Stock Analysis 2020)
Aurora Stock (ACB Stock) has crashed in 2020, and in this video we do an analysis on Aurora Stock to figure out if it has bottomed and if it is a buy here in 2020.
What's your favorite stock in this sector and which one do you want to see an analysis on next?
Let’s do Aphria next 👌🏽
Bottom line… Its a weed, anyone with dirt and water can grow it in their backyard and clearly are.
Just bought 100 shares Friday we’ll see how it goes!!!
I tried day trading ACB the other day and missed an opportunity to make $0.70 cause I was at work and didn't taptap fast enough! 🙁 lol not a big gain or loss either way. Just testing the waters for my first few trades.
I'm going to avoid buying for it now. I have other companies that I would prefer to buy 😁
Cureleaf
do cronos and canopy !! I kinda own cronos because I own Altria stock but I also want to get into canopy a lot of celebrities are releasing strains threw canopy growth
Do canopy and compare with aurora.
Please do a video on Cron. I think you will find that it has a lot of upside potential (btw Acb has it's earnings on 10 Feb)
😎
Canntrust video bro
Staying away from it, rather buy MO or STZ
Do curaleaf! They are an American dispensary provider, I live in CT and I’m a medical patient, I love curaleafs product and I hold shares on the company
2.0 is selling very well right now. Profit will come plus huge revenue growth
Started from the bottom now I'm here🎶
Opportunities
i think you are making a mistake for not buying. although i believe aurora still overvalued and the stock price might still fall. i think at this price 1.90 ish is a good entry point. just slowly start a position. and of course, if it goes down, you average down. look at the year over year performance. aurora's growth is explosive. and 2.0 market (edibles) will bring a lot more revenues. so you may never get this current price ever. The stock price has huge upside potential. and that's without mentioning a partnership with maybe Coca-cola or Pepsi which is inevitably going to happen in due time.
I'm slowly buying pot stocks,believe 2020 will be the year they bounce back and have bottomed out, check out Canopy been holding steady 😎
This is gonna do a tesla pump. Weekly MACD is beginning to turn BUY IT.
The marijuana sector has been getting SLAMMED
Thanks for the video Nick! ACB is a favorite of the retail investor for all the wrong reasons. People are focusing on where the stock's been thinking it has some sort of right to go back there. Far from true IMO! Some like the fact they're able to buy a bunch of shares thanks to the low share price as well. ACB is in bad shape and is on a the path of needing to raise more cash. They're selling off assets in an effort to delay that, but it's inevitable IMO. Timing couldn't be worse with stock price near all-time lows. Any dilution will drive share price even lower than the 85%+ drop it's already weathered. Not a stock for me…
I expect the vast majority of today's cannabis companies to go out of business within the next couple years. Nearly all are cash strapped and there's only so much dilution investors will be willing to accept. I expect few survivors in the space long term and even fewer winners. ACB may be a survivor, but little faith in them being a winner. Just my opinion.
Canopy is the only cannabis company I currently consider as long-term investable today. Why? Constellation's significant ownership stake and CGC's large cash holdings. CGC is one of the only cannabis companies that shouldn't need to raise cash over the next couple years. They're well positioned worldwide, including the U.S. with its option to acquire Acreage Holdings. I think there's a good chance they will acquire Acreage, but they might negotiate a lower price when doing so which would be good.
Full disclosure – I own a small position in CGC with a cost basis of ~$25. The plan is to slowly average in over the next couple years, fully expecting (or maybe hoping) share price to drop significantly from current levels. Definitely no reason to go in big at this point. Too much uncertainty!
I hope it works out, I have my life saving invested on acb, around $95,000 since I did all my research on YouTube. At that time majority said it was a good buy. I’m gonna let it ride and trust my YouTube instinct.
Stay far away this company sucks balls
Is this the bottom in ACB? Idk man, I’m just glad I did’t buy into all the hype last year and get burned.
Tilray seems like the best one on paper by far, I don't know the story though so I'm guessing their products are not as good or something else weighing stock down?
What's your favorite stock in this sector and which one do you want to see an analysis on next?
Let’s do Aphria next 👌🏽
Bottom line… Its a weed, anyone with dirt and water can grow it in their backyard and clearly are.
Just bought 100 shares Friday we’ll see how it goes!!!
I tried day trading ACB the other day and missed an opportunity to make $0.70 cause I was at work and didn't taptap fast enough! 🙁 lol not a big gain or loss either way. Just testing the waters for my first few trades.
I'm going to avoid buying for it now. I have other companies that I would prefer to buy 😁
Cureleaf
do cronos and canopy !! I kinda own cronos because I own Altria stock but I also want to get into canopy a lot of celebrities are releasing strains threw canopy growth
Do canopy and compare with aurora.
Please do a video on Cron. I think you will find that it has a lot of upside potential (btw Acb has it's earnings on 10 Feb)
😎
Canntrust video bro
Staying away from it, rather buy MO or STZ
Do curaleaf! They are an American dispensary provider, I live in CT and I’m a medical patient, I love curaleafs product and I hold shares on the company
2.0 is selling very well right now. Profit will come plus huge revenue growth
Started from the bottom now I'm here🎶
Opportunities
i think you are making a mistake for not buying. although i believe aurora still overvalued and the stock price might still fall. i think at this price 1.90 ish is a good entry point. just slowly start a position. and of course, if it goes down, you average down. look at the year over year performance. aurora's growth is explosive. and 2.0 market (edibles) will bring a lot more revenues. so you may never get this current price ever. The stock price has huge upside potential. and that's without mentioning a partnership with maybe Coca-cola or Pepsi which is inevitably going to happen in due time.
I'm slowly buying pot stocks,believe 2020 will be the year they bounce back and have bottomed out, check out Canopy been holding steady 😎
This is gonna do a tesla pump. Weekly MACD is beginning to turn BUY IT.
The marijuana sector has been getting SLAMMED
Thanks for the video Nick! ACB is a favorite of the retail investor for all the wrong reasons. People are focusing on where the stock's been thinking it has some sort of right to go back there. Far from true IMO! Some like the fact they're able to buy a bunch of shares thanks to the low share price as well. ACB is in bad shape and is on a the path of needing to raise more cash. They're selling off assets in an effort to delay that, but it's inevitable IMO. Timing couldn't be worse with stock price near all-time lows. Any dilution will drive share price even lower than the 85%+ drop it's already weathered. Not a stock for me…
I expect the vast majority of today's cannabis companies to go out of business within the next couple years. Nearly all are cash strapped and there's only so much dilution investors will be willing to accept. I expect few survivors in the space long term and even fewer winners. ACB may be a survivor, but little faith in them being a winner. Just my opinion.
Canopy is the only cannabis company I currently consider as long-term investable today. Why? Constellation's significant ownership stake and CGC's large cash holdings. CGC is one of the only cannabis companies that shouldn't need to raise cash over the next couple years. They're well positioned worldwide, including the U.S. with its option to acquire Acreage Holdings. I think there's a good chance they will acquire Acreage, but they might negotiate a lower price when doing so which would be good.
Full disclosure – I own a small position in CGC with a cost basis of ~$25. The plan is to slowly average in over the next couple years, fully expecting (or maybe hoping) share price to drop significantly from current levels. Definitely no reason to go in big at this point. Too much uncertainty!
I hope it works out, I have my life saving invested on acb, around $95,000 since I did all my research on YouTube. At that time majority said it was a good buy. I’m gonna let it ride and trust my YouTube instinct.
Stay far away this company sucks balls
Is this the bottom in ACB? Idk man, I’m just glad I did’t buy into all the hype last year and get burned.
Tilray seems like the best one on paper by far, I don't know the story though so I'm guessing their products are not as good or something else weighing stock down?
Canopy Growth please.