Update: 1 Million shares of ACB Aurora Cannabis Inc filled at open Dec 29 at $9.25 per share.
IMHO this stock should Gap up when the markets open after New Years. Nice moves on a Friday before a Holiday, often are pre-cursors to nice moves when the markets reopen.
This post is not meant to be any kind of investment advice. Please do your own Due Diligence and speak to your own Licensed Financial Advisor beofre placing any bets at the Stockl markat casinos. You can lose money, possibly all of it.
On Dec 29 I will purchase one million shares of ACB (Aurora Cannabis Inc) at the open price for our Test Portfolio.
On Dec 28 the price closed at $8.94 per share.
My Sell Stop will be at $8.50
Risk will be $0.44 per share. Target Sell price IMHO could hit $14 per share. Risk vs Reward in my opinion is interesting.
This post is not Investment Advice to buy shares of Aurora Cannabis Inc on the Toronto Stock Excahnge or on Nasdaq. Do your own Due Diligence and speak to your own investment advisor before placing any bets at the Stock Market Casinos. You could lose money, possibly all of it.
Stock chart courtesy of the Toronto Stock Exchange at https://web.tmxmoney.com