Pot Stock Earnings Report: AURORA CANNABIS

2 months ago

Much anticipated earning report yesterday as the legal cannabis industry struggles with a supply shortage, all eyes are on pot stocks this week..

First to report is Aurora, and that's unfortunate because it may set the trend for the week and it might not be pretty. Another way of looking at this, possibly there's an entry point into the market...BUY LOW!

One of the company’s largest investments is in Green Organic Dutchman Holdings Ltd. , which has recently lost a whopping 40% of it's value.. However this is just a loss on paper and doesn't effect the companies ability to produce and supply cannabis but tell that to the weak hands! source

Analysts polled by FactSet on average project losses of C$0.6 cents a share on sales of C$51.8 million for Aurora. source  


Earnings Report: Loss of -.06 cents per share 

This is pretty close to the projected loss of .05 cents per share...  and the stock price seems to be stabilizing today around the 9 dollar and change mark.

Tilray reports Tuesday, and Canopy Growth reports Thursday I believe, should be an interesting week in the cannabis markets!

Until next time..


#potstocks #financial #investing





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Yeah ... Aurora lost almost $300 Million versus the estimated loss of $60 Million. Canopy losses will be up around $500million ... I’m not sure a 20 Billion market cap is justified. But the Stock Market is completely irrational so I will buy a few shares and sell for a quick profit. Reinvest the gains in Smoke tokens.

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Completely agree with your assessment of the market cap! Wow Aurora bounced back to life today, that was quick!

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Buy Buy Buy .... Lambo Soon. It defies all Logic but I would put a million dollars into Canopy Growth right now since I think it should crash ... and it won't. So weird man.

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The Stock market always always does the Opposite of what you expect..... I think all of the Cannabis Stocks are over valued and should crash any day now.... So I am BUYING LIKE CRAZY.

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Ok cool, 1 million into Canopy right now @ $61.72, that 16,202 shares. Earnings report is tonight, lets see how you fare by this time tomorrow...good luck!..lol

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Earnings call is tomorrow I believe....

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You're totally right, i've been getting my days mixed up all week! Lets check in Friday and see how your investment is coming along :p

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Update on your investments sir! Canopy is currently sitting at 60.79,... So you've lost about 15k so far,,..

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I suck at investing. I have lost so much money by selling at the wrong time. I remember having $20,000 to Invest in Shopify at the IPO (May 2015) when it was $30 .... instead I put it into a Bond (CD) earning 2 % .... Shopify is now at $230