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OT: Merry Christmas!

MindzEye said:
When the July shakeup happens and some lucidity enters the market I'd take a long look at aphria for similar reasons. They've been my favourite of the big players for a while. Big warchest, good operating margins already, looking at the us market instead of the European market for expansion is balls and I think will pay off as well.
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I like the Aphria management. Aurora is ambitious but seem to be taking the shotgun approach to expansion. Doesn't always feel like there's a real plan there. And they've diluted their shares like mad to get cash.
 
Aberdeen said:
I like the Aphria management. Aurora is ambitious but seem to be taking the shotgun approach to expansion. Doesn't always feel like there's a real plan there. And they've diluted their shares like mad to get cash.
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Their dilution is the biggest reason I no longer hold aurora. Most of their debt deals have been pretty ugly paper as well.
 
MindzEye said:
Their dilution is the biggest reason I no longer hold aurora. Most of their debt deals have been pretty ugly paper as well.
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The street doesn't seem to mind all that paper (yet). Stock has outperformed its peers the past few months. But I took my 300% gain and moved on....
 
I think where the bad finance deals will hurt them is when post July 1 earnings start to roll in, if they're not showing decent eps (you can only promise future growth for so long no...ask Elon). The holders of that paper might take a long hard look at executing the warrants and trickling out the whole pile to lock in the bucket of money they'll have made on the deal.

On the other hand, earnings come back positive and Aurora Sky is at 100% production...the mother****er might land on the moon, **** the ~17 million dollar warrants outstanding at 4.00, the over alottment clause, etc.

The market isn't always rational, but it's never wrong.
 
What an amazing day. Merry Christmas indeed. Canopy was up 20% today. That's a good year for most investors. My basket of pot stocks up 23%. Hard to sell into euphoria but I trimmed a little.
 
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