RE:RE:RE:Trust nothing and no one...Alex1100 wrote: Whether the individual who calls himself ProfCornelius likes it or not, we have once again seen that it will not be so easy for us to move forward in the next month or so, despite he is trying to persuade us to the contrary. I fully understand and share the excitement regarding Apha that can be felt on this board, considering that after the fiasco of ACB and CGC, things are changing significantly ... However, every vigilance is needed as some important players have not finished their work yet, although it seems that they are nearing the end.
And as for my position with Apha (short trader as the above mentioned individual said), he certainly knows that serious short traders do not seek their luck on this board so any further comment in this regard is unnecessary ... also, it is difficult to comment posts of the man who has so much time to write them in this number.
From a chart point of view, and volume we looking good
Weekly Trend Change, Daily Trend change, just missing the monthly trend change.
We have a higher high and higher low pattern going on. If we are able to continue and set a higher high compared to 6.23 canadian, we would also break the 200 day exponential moving average..
Weed results and outlook are creating so far a decoupling. Never saw a day where ACB and Apha is green but Weed is red.
The volume on Apha and CGC (NYSE) is almost the same, usually CGC has easily 30 to 50% more volume than Apha. It's not the case anymore since monday, attention is clearly shifting.
Weed is not a bad company but they are hitting the reset button like Irwin did when he took over. They are also calling Fiscal 2021 to be a transition year. This is not what we wanna hear and we don't wanna see revenue slowdown when Ontario opening more stores and 2.0 is out.
They cannot be counted out , everyone counted Apha out and now they are stronger than ever. But doing that into 2.0 feels like it's really late but it's never 2 late.
In real life, Aphria is like that kid that was able to become something even thou his parents were not rich but gave them enough to survive. Now the kid is on a roll.
Weed is the spoiled kid being handed everything to him but somehow he's not able to dominate and deliver big like he's expected to with all his assets and Cash power.
You get the point