RE:Shorts are in a panic!TheWokeLemming wrote: Desperate times for newbies to come here and post negative today. Sellers will regret it. Tomorrow I expect $160m+, profitability in Q4, and some guidance, which could always be pulled should covid force another lockdown. My opinion only. GLTA!
Good points Sid. Vic was an enthusiastic front man, but Simon has brought a professional approach that has put the company on a solid fiscal foundation. It really is only a matter of time before the market rewards that with all-time highs. With Ontario stores ramping up, revenues will only increase. Aphria has the scale to win market share by lowering prices for the consumer while remaining profitable. If Simon waits another 6 months, Aphria can do a share offering at $20 and then make an entry into the US market after the election has confirmed who is in power. If it’s still Trump they can buy a Canadian company (maybe Aurora on the cheap?) although I have a suspicion the Republicans may just come around to legalizing it anyways. My opinion only. Looks like we’re about to break to new daily highs.