I'm out of Aphria Wish you all luck. Q4 was a dissappointment to say the least. i was forecasting 165mm and it was shy of 153mm. Inventory is piling on, jsut look at whats available on gov websites along with the inventory on hand (knew this was going to be high).
I've played this stock from the long and short. For those who are long, I see very limited opp to short. Maybe it can go down to 5.50 CDN. Upside is also limitied. best case scenario is 9 CDN.
That said, I see no opportunity. If APHA gets to $5CDN I will be back but I don't see that being likely.
All the best OUt.