RE:The broader picture today is the fact that Goldman SachsI like your analsis DD but I think APHA should be holding its ground because a big deal can be made anytime despite Vic's insistence that he is not talking to anyone currently and not in a hurry to make a mediocre deal. I think he is holding his cards tight and anything can happen anytime like BOOM!!
Daredevil1964 wrote: and Apple pulled their respective sectors down. this in turn dropped the main indices. We are seeing Earnings reports that are cautioning due to the slight slow down due to tariffs and trade wars. We just saw Trump again this weekend kind of snub Europe, as Europe may be snubbing him. We still have not seen a lifting of steel and aluminum tariffs imposed by the US on Canada and Mexico even with an agreement in principle of the USMCA. The political and global dynamics are shifting towards an anti globalist tendancy, however the world is increasingly becoming smaller and more intertwined. The FED will be raising interest rates in December. On top of that, foreign nations are not buying the US's debt burden in the form of Bonds. The FED is also not in the market for these bonds, infact the FED has thrown some bonds on the open market, creating a gluten of bonds nobody wants. The only country buying US bonds is Saudi Arabia. I do not think that anyone has to think as to why that is at the moment. Now back to Aphria. We are seeing global and political uncertain that is affecting the world economics. One can not blame Aphria's SP decline solely on the shoulders of Vic Neufeld. The whole sector is weak, earnings reports coming in are scrutinized and if there is one thing that is negative the share price will suffer. All I can say is, this is an extraordinary time and we all have to grasp the bigger picture. The gains thru corporate tax cuts have been pared off. The economy is in an uncertain stage, and the only thing that can get it going is stability thru out the globe.