Aphria is better, much smaller market cap and bigger room to grow and still a decent market share compared to canopy n aurora. You have to be patient with this due to new management organization after the short sell report.
I'm an Aurora investor and based upon information submitted in their earnings report and others, I believe they are a sound investment although a bit of a roller coaster ride should be expected in the immediate future. I strongly disagree with their decision to absorb the cost newly implemented tax on the recreational cannabis sold. This is something the consumer would have expected to pay once the government imposed it, and it had an avoidable negative impact on the profit of the company. Aurora's growing pains are showing in their most recent report due to their acquisitions, which according to mass consensus, paid way too much to acquire. Some of these management decisions can be forgiven as singular mistakes, however if this trend continues, investor confidence will hit the floor
Nick – I did my part to get you to 200 likes. 🙂 I hope we get to see a more in depth video on Aurora. Â
I agree that the cannabis space is going to be huge, but I think the majority of cannabis stocks have gotten way ahead of themselves, including Aurora. The company is bleeding cash and already has more long term debt than cash on its books. The market cap is north of $7B USD and share dilution is all but certain. If history is any indicator, the dilution will be substantial (68% and 55% dilution in prior 2 years alone). Â
I admit this is outside my core competency, but reading balance sheets and factoring in forward looking numbers is not. I plan to invest in cannabis at some point, but at this stage it reminds me of Internet companies in 1999. Most everything was overvalued, everything tanked, then the survivors thrived and that's where the real money was made. Just my opinion of course. Â
As I said, would appreciate seeing a more in depth video as I have lots to learn in the space. Cheers…
If we get 200 likes, I'll create a more in depth video on Aurora Stock!
Aphria is better, much smaller market cap and bigger room to grow and still a decent market share compared to canopy n aurora. You have to be patient with this due to new management organization after the short sell report.
Can you do a deep dive on Irobot stock?
CRONOS IT'S BETTER
Aurora's growth is insane!
Im a canopy investor.
I like to swing trade TLRY, as of right now it's not moving much. Great video Nick
Great video. Checkout PCLO Pharmacielo for me. Going to be gigantic. Thanks
I'm an Aurora investor and based upon information submitted in their earnings report and others, I believe they are a sound investment although a bit of a roller coaster ride should be expected in the immediate future. I strongly disagree with their decision to absorb the cost newly implemented tax on the recreational cannabis sold. This is something the consumer would have expected to pay once the government imposed it, and it had an avoidable negative impact on the profit of the company. Aurora's growing pains are showing in their most recent report due to their acquisitions, which according to mass consensus, paid way too much to acquire. Some of these management decisions can be forgiven as singular mistakes, however if this trend continues, investor confidence will hit the floor
Valuation is stretched at current prices 🙂 just my two cents 😀
Nick – I did my part to get you to 200 likes. 🙂 I hope we get to see a more in depth video on Aurora. Â
I agree that the cannabis space is going to be huge, but I think the majority of cannabis stocks have gotten way ahead of themselves, including Aurora. The company is bleeding cash and already has more long term debt than cash on its books. The market cap is north of $7B USD and share dilution is all but certain. If history is any indicator, the dilution will be substantial (68% and 55% dilution in prior 2 years alone). Â
I admit this is outside my core competency, but reading balance sheets and factoring in forward looking numbers is not. I plan to invest in cannabis at some point, but at this stage it reminds me of Internet companies in 1999. Most everything was overvalued, everything tanked, then the survivors thrived and that's where the real money was made. Just my opinion of course. Â
As I said, would appreciate seeing a more in depth video as I have lots to learn in the space. Cheers…
I love Aurora. But you need to be very patient with this and strong emotionally.
Just think the debate! keep it up