Post by
onward1 on Apr 21, 2020 2:41pm
Moving to net short position in APHA
While this stock/company has done better than most in this sector, there are some issues including excessive insider enrichment. They seem to give themselves huge number of shares and sell them as soon as they get chance. There have been no insider purchases. The balance sheet does have a couple of issues so it is not as great as we like to think. Management hasn't quite earned market confidence (pulling the guidance, for instance, was bad idea). I could go on but to each his/her own. I am more of a seller from now on.
Comment by
blackredblack on Apr 21, 2020 2:57pm
onward1, Your thoughts on its cash position. January they had 600m. End of the reported qtr they had 533ish. How could they vapourize that much cash so fast?
Comment by
onward1 on Apr 21, 2020 4:13pm
Blackredblack, you are right about the cash burn. It is a real issue and it is one of the several reasons I have soured on it. This stock is getting knocked down after every feeble rally for a reason.
Comment by
TheGrapeApe2020 on Apr 21, 2020 9:17pm
My concern here is they had to buy other companies wholesale to meet the demand they will never last if they can not grow thier own. Other companies wont wholesale the good stuff so buying mid grade and slapping APH on the label is no way to run a company
Comment by
thegreattimario on Apr 21, 2020 9:58pm
That's idiots..lol i must be one..lol
Comment by
BigJohnStud on Apr 21, 2020 11:35pm
if apheia isn't doing it right then which company is? you should be able to answer being the MJ expert. please tell us
Comment by
ilvmyt5s on Apr 22, 2020 2:36pm
Hey Onward, Did you sell all you shares yet??? Where are you putting all of your money since your selling APHA now?
Comment by
ilvmyt5s on Apr 22, 2020 2:48pm
Hey Onward, Could you dump more of your shares so that the share price can get to about $3.50? I'm lookin to do a buy before Q4 is out. Call up Potty and Meho see if you can get them into it. Careful though they are in the US and might have the rona
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momo2point0 on Apr 21, 2020 3:12pm
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momo2point0 on Apr 24, 2020 1:42pm
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momo2point0 on May 07, 2020 1:25pm
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Comment by
Positivelive1 on Apr 27, 2020 11:46am
onward1 - If I had posted your message, Inwould be very embarrassed! Come on, you know better than what you posted. Informed investors know based on factual information that APH will soon be number 1 in the cannabis industry! Strong balance sheet and sustainable development!