RE:RE:Today......a Good Day:Some folks are speculating that around $7.35 could trigger shorts to bail on mass. Most probably have a buy stop order set to trigger on their short - opposite of a stop loss on a long. We could shoot up fast if shorts run for cover. A little news right now could be the straw that breaks the shorties backs
Vinny57 wrote: We are close people, so very, very close. A few days ago I said we needed to break through the barrier at about $7.30. Early next week will tell the tale. (I am hoping for Monday). Again, if we push past that barrier, looking at the charts, our next stop is in the $9 - $10 range. The dreaded tax loss selling scourge looks like it won't happen (to Aphria) because of our well deserved increase in share price this past month. There are 8 trading days left for tax loss selling, but it looks like it will not be of a concern any more. We also have only about 15 - 20 trading days left until the 2020 Q2 Quarterly Report which should be O.K. Not outstanding (yet). That will be in 6 - 9 months, but it will be O.K. ............... Congrats to all you longs who hung in there with me.
Vinny57 wrote: Today was a great day to battle tax loss selling. It is what we (and the whole sector) needed. The higher the share price creeps up, the less chance of people claiming a tax loss.
Also............Another 60 cent gain will put us in the $7.30 range. If we can break that, we have a good chance for a run in the $9 - $10 range. The next few days should tell.
Merry Christmas.