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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
Post by goldman777on Dec 14, 2018 8:39pm
194 Views
Post# 29118749

STARTING TO WONDER

STARTING TO WONDEROkay, so the Altria investment in Cronos bouyed the sector for a decent short term bounce - even that bloom seems to be wilting on the vine now as the sector continues to struggle and validate lofty valuations.. Here at Aphria I`m starting to think that even with a strong rebuttal it will still be "he said - she said" for a long time and the stench will linger. If they offer full disclosure along with a massive defammation suit then the market will be appeased. Even tonight as I was watching the news about Donald Trump and Micheal Cohen, the lawyer in the interview was saying - your not innocent if your lawyer misdirected you by telling you it was all legal. So Trump said yes, pay the sluts out to hide my affairs as this information would be detrimental to my Presidential bid.  Cohen said it`s all good, now Cohen is going to jail for 3 years and spilling the beans on his boss who he once said he would take a bullet for.  At first I thought the delay in the rebuttal was well founded - let`s make sure we get it right. but with every passing day this is becoming more and more speculative. This combined with TLS and general market malaise may not provide the catalyst for that impressive s/p bounce back we are all hoping for. I would argue that most will sweat it out over the w/e and if nothing is delivered by Mondays open....well, many will capitulate. maybe Aphria stays right here in this volatile trading range which will offer ample opportunity for the day traders to capitalize on the 15% daily swings. This will hinder the s/p recovert even more moving forward - in conclusion - make no mistake. The damage has been done and it appears there is no quick fix. Hoping I`m wrong and hoping Monday morning the tide really turns for the better, a lot of wealth has been erased here but seasoned investors will tell you that speculation is gambling not investing. GLTA
Bullboard Posts