RE:Where’s the bottom? $18..17..watch after earningsGhostinthedark wrote: I cashed out everything yesterday, losing some of my
profits.
Apha is now headed for a monthly lower high---under $24.
From everything i read, earnings are going to be lower than estimates for this quarter.
In part, that's why you are seeing a stock dump on APHa.
My guestimate is that after earnings disappoint when announced on April 12, premarket
ApHa wil dump some more.
if you look at the monthly chart, there was a selloff down to $17 last month, and then a pop.
So, $17... or so is a major support.
My plan is to buy back in after earnings.
APHA is suppose to disappoint with there earnings---around $163...
Are you taking into account the revenue that will be coming from Sweetwater? Last quarter was 163 and only included 900k from 5 days of Sweetwater revenue.