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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 gottahunchon Oct 09, 2020 7:49pm
295 Views
Post# 31699880

RE:RE:Selling half my position Monday

RE:RE:Selling half my position MondayOriginal poster was wrong a year ago for last year end. Claimed there was something wrong with this company when it was trading down the week before earnings. Said he was selling all. That is when it rallied 40 percent in one day. Nobody is perfect and can call all right shots all of the time, even the original poster who called himself the stock jesus. I think this q will impress. Based on the headset data, our market share has been increasing. I believe that is why Cantor Fitzgerald gave the target raise to $15.50 CDN. I believe they got all the bad news out of the way last time. Only thing that has had me slightly worried is possible inventory write downs. However, with gaining market share, and now shipping to Germany, we have more of an argument to auditors to avoid this. We also have CDN sales going up during the last q. Do your own DD. Take a profit if you want to be safe, there is never harm in that. I'm going to roll the dice into earnings. GLTA and happy Thanksgiving to my fellow CDNs
FalconM wrote: Your 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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