RE:When does smart money begin buying shares??Well said this company is going to have to dilute the heck out of its shares to survive and move forward that will drive the price down to lows not heard of in years.
They have $400 million in bank and are burning a $100 million a 1/4 so with in the next year while other comapnies expand and grow they will be trying to figure out how to survive
Ghostinthedark wrote: Meaning banks, Mutual funds, brokerages...
At the acuumulation phase---identified by a range.
Smart money will slowly buy shares, not in bulk, to prevent price from moving up quickly...
Unless there is bad news during the next 3 months, APHA will trade sideways--in a range, then hit a low 5 or 6 days before earnings, then swing high into an uptrend for the next 5 days, and top out 1 day before earnings..
DO NOT be influenced by the Fake news posted on this forum.
Always conduct a due diligence every day---any news on APHA???? That could "pop up" the price.
Control your emotions---don't allow FOMO- fear of missing out determine your decision to buy shares. Use a chart and moving average..
Lots of pumpers on this forum..They tell you to buy or predict a merger or whatever...But these posters offer know evidence---and so their opinion should be ignored.
Most of all, be patient---don't chase the share price. Make a firm decision when to enter---when aphria begins trading in a range..
And when you buy shares, scale in, don't make a lump sum entry.
Don't become a bagholder!!