derfreietrader

Dotcom bubble vs Canna bubble, Amazon vs Aurora, eye opening

TSX:ACB   AURORA CANNABIS INC

I went and compared the 2000 dotcom bubble burst to the 2018 cannabis bubble burst and i think there is a eye opening similarity.

I see Aurora as a big player in the cannbiz but their delution on the shareholder will hurt the stock price even more. In my analysis there is a decline of another 50% to come and if you look at the numbers they forcast for their revenue Q2 2019 of 50 Mill. with a marketcap of 5 Bill. USD oh my, then you should absolutely keep a close eye on Aurora.
In the future of pot I see them big but for now the investors will suffer some more pain and we might see the 2.50 again.

I will acumulate on their way down and hold them for a long. Decline will probably keep going until mid 2019

Just my opinion so make your own resarch and like always

May the markets be with you

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Comment:
I consider to start accumulating every 25% decline.
First around 3,50 cadusd then 2,50

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