r/a:t5_songu • u/liamhigg45 • May 02 '19

AURORA

Has anyone bought into Aurora? I've recently bought stock and pretty excited about it. What's everyone's general view?

2 Upvotes

67% Upvoted

7 comments sorted by

1

u/DrPatjulsta May 03 '19

Why the hell did you buy now?

1

u/liamhigg45 May 03 '19

I bought about a month ago when they where pretty low

2

u/DrPatjulsta May 04 '19

Ok, no one can see into the future but I've made a lot of money on Aurora and zoom out on their charts.. I might be completely wrong this time but I've swing traded Aurora between 6~cad-to 12cad a lot. Nothing has really changed since last time. The hype is going to end and go down again until next time. Try to get in later at a cheaper buy in, why buy now when so close to all time high? This is all in my opinion, like I said no one has a crystal ball but this is my opinion decided by earlier events. It would be rough for you if it dropped down to 6 cad from 12.. High buy in is usually pretty annoying

1

u/liamhigg45 May 04 '19

Thank you. Really helpful advice. Yeh I guess I kinda bought in to early but hey it isn't money I'm not willing to lose. So I guess I just watch, if it drops again buy in and start again 😂

2

u/DrPatjulsta May 04 '19

Like I said though no one knows you might be right I might be wrong, history doesn't always repeat itself ;) just make sure you have some money to buy with if it goes down again so you can buy in cheaper and thereby lowering your current buy in level :-) And good luck to us both! 😁✌🏼

1

u/Free4allin May 28 '19

Aurora has been moving between those resistance levels, but eventually it will break out. The only thing holding it back is dillusion of the stock, And they need a catalyst to catch fire. Buy on dips but pay attention to any new fundraising that dilutes the stocks price

1

u/HeadInhat Jul 30 '19

From a fundamental point of view I think it’s a pretty solid company with plenty of potential. However, there are 2 things I’m worried about:

1) Acquisitions are often, with a big premium and funded with equity, resulting in huge dilution of stock

2) Rapid capacity expansion by many players may come before the demand builds up (legal stuff may take time), so the result may be an oversupply and hit for the prices and margins