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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

Comment by FalconMon Oct 09, 2020 7:25pm
281 Views
Post# 31699827

RE:Selling half my position Monday

RE:Selling half my position MondayYour right until your wrong. I squeezed 300% from Canopy when it was trading sideways between 2.50 - 5.00 ish then got washed out when it rose above 7.00 then rocketed to 17.80. I remember when Aurora was trading in the $0.30-0.50 range, there was this guy on stockhouse I can't remmeber his username, arctic something?, and he would nail every single movement... until he didn't and got washed out completely when it rose to $1.00+. I learned from my experience and others, traders can thrive when the same conditions repeat but as the momentum ramps up its hard to know when to stop 'playing the game.' Its hard because you convince yourself the time spent trading and analyzing is going to be worth something, but time and again, the extra gains you end up making don't end up being worth what a smart long-term sell strategy can provide. Food for thought. 
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