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Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Comment by adamchesson Oct 23, 2018 4:28pm
73 Views
Post# 28859558

RE:RE:RE:Wild, Wild West

RE:RE:RE:Wild, Wild West thanks for your post kingbear, but still I don't understand why Aphria followed SPY and Aurora and Canopy were not as green as Aphria during that period? Any thoughts? Perhaps, investors are just recognizing Aphria as the better priced LP on valuation plus rumour value? cheers!

kingbear wrote: lol no one can predict that action. Basically we are correlated to SPY. For example SPY recovered around 2-3pm and that's when we hit our high of the day. Then as the afternoon came to a close SPY steadily fell and so did we. Obviously it's not tick for tick to the exact %, but the general trend follows it exactly. If SPY Is green tmrw we will be green, if it's red, we will be red, it's that simple. The only exception is big news of course.
Freedo wrote:
Alex1100 wrote: As I posted earlier today, we are finishing flat today. I simply recognise the patern. I was working on several major commodity exchanges but I have never, ever seen anything like this today! TSX is completely lawless place and we should be out asap!

 
Seriously? On a day like today, you “recognized a pattern”.  Too much 

Absolutely no one knew how today would finish.  Nice try though




Bullboard Posts