bookmark_borderAURORA CANNABIS ($ACB) & RELIVA ACQUISITION AND MORE SHARE OFFERINGS

AURORA CANNABIS (ACB) & RELIVA ACQUISITION | MORE SHARE OFFERINGS

Is $ACB stock a buy? Do you think Aurora Cannabi be a good company to hold long term?

Learn more about Aurora Cannabi and their products here:

https://investor.auroramj.com/

To invest in this company download the Robinhood App

Why Aurora Cannabis Fell 12.9% in June

@themotleyfool #stocks $ACB

https://www.fool.com/investing/2020/07/07/why-aurora-cannabis-fell-129-in-june.aspx

bookmark_borderWill you buy the dip? Aurora Cannabis

Aurora Cannabis
$ACB Stock

Market Watch on $ACB – Aurora Cannabis Stock

People want cheap weed, and Aurora Cannabis is paying the price

https://www.marketwatch.com/story/people-want-cheap-weed-and-aurora-cannabis-is-paying-the-price-2020-02-13

Learn more about this weed stock and what is currently moving the price up or down.



Will you be investing in Cannabis stocks?

Thoughts on Aurora Cannabis (ACB)? from stocks

bookmark_borderIs Aurora Cannabis a Buy or Sell? $ACB

Today I came across this thread on Reddit regarding the worse stocks picks for 2019 and it really shows how painful the losses were for Aurora Cannabis investors, this was a tough year for $ACB and it really shows just how volatile the markets can be, I am personally down 50% and it is easy to doubt your picks and it’s easy to considering selling at a loss, here is the thread below:

Everyone likes to boast. But what are your worse picks of the year? from stocks

Now, here is my take on the situation.

When I pick a stock, I am not just buying based on the stock price or any specific valuation method, I pick my stocks based on my vision on what the future could be for a company, here is for example the reason why I picked Aurora Cannabis, first of all I consider that the industry will continue to grow in the upcoming years, you can say that they are part of the companies that are in a way pioneers on the legalization of weed and they are some of the first to market. I personally consider that they have a solid business plan and that there is enough demand to make this a viable, profitable business.

When I pick a stock this is what I invest in, I see their numbers grow every year and they continue to develop new products and strategies to bring their products to market, they offer unique products that people want and they are positioning themselves just to be one of the main providers of cannabis and to me this is what I bought in to the idea that demand will continue to grow and there will be more products that derived like edibles that will allow them to grow their revenues.

Why am I down 50% you may ask? Well its simple, I got in a bit late and paid a high price for the stock, however I have continued to invest and that has allowed me to average down and buy shares at lower prices which for me is fantastic, once again I am not buying shares to trade and make a little profit, I am buying shares now so that I can see this company grow and make millions of dollars while share prices go up, I am looking at a 5 to 10 year outlook which may or may not allow me to collect a solid return on my investment.

So why do people lose money when they invest in the stock market? Very simple, they come in looking for that quick dollar and they are not investing in what they believe in, the buy shares and look to make that quick 5 or 10 percent return to then get out and move on the the next one, the problem with this is that things do not go their way and most of the time people are impatient and they sell their shares at a loss.

I will not be selling my shares or Aurora Cannabis any time soon nor will I sell at a loss, I will continue to buy cheaper and cheaper shares and I will continue to invest small amounts and hold them long term, I am looking for that 10x return 5 or 10 years from now, I believe that the industry will continue to grow and the profits will be there for those who stayed with the company and were patient.

Should you do the same? NO, you need to do your own research and invest based on your own strategies and ideas, you need to buy shares at your own risk and only invest money that you can afford to lose.

If you have never invested or traded stocks and would like to start I use Robinhood as my main stock broker, if you sign up today with my link you and I will receive a free stock.