AURORA CANNABIS Forum: Community User: Octaviars

There are many bargains out there right now but Aurora Cannabis (Aurora Cannabis Stock Quote, Chart, News TSX:ACB) is not one of them. So says Brian Acker of investment firm Acker Finlay. Acker appeared (from home) on BNN Bloomberg’s “Market Call” program today and fielded a call on onetime market darling Aurora. His answer to whether or not the beaten down stock was no a buy was a resounding no. “I wouldn’t buy it here,” Acker said. “As, individuals, no, we haven’t touched these cannabis stocks. You know, at the height of it, they were worth 100 billion dollars of market cap. Now they’re worth a fraction of that. And it’s the earnings, they just aren’t there for a lot of them. So, look, this is the opportunity. You can buy good quality Canadian and US stocks at discounts to book value. Why would you look at a piece of crap like this, really? So forget Aurora, there’s so many other good things out there to look at and buy and make money on with a hell of a lot less risk than this one. So forget about it move on. This is an opportunity of really upgrading the quality of your portfolio and. And that’s what you should do.”

C.rap

Rom wurde auch nicht an einem Tag erbaut. Wir reden in 5 bis 10 Jahren noch mal über Milliarden. ;)

https://www.cantechletter.com/2020/03/aurora-cannabis-is-a-piece-of-crap-this-fund-manager-says/