Bullboard - Stock Discussion Forum 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... see more

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NDAQ:APHA - Post Discussion

Aphria Inc. > What you’ll likely see today

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Post by Ghostinthedark on Oct 16, 2020 8:17am

What you’ll likely see today

A bounce during a downtrend...Price moves up for few hours or day, and then continues to fall, way below yesterday'a low od $6.23.

We are in a downtrend---look at a chart.

Be patient!!! APHA will bottom likely around $5.5 or lower..

Why Earnings were worse than expectedd. Earnings were worse than last quarter!!!

Nothing to justify the current share price, unless you are a reckless retailer who uses emotions---FOMO and irrational exuberance--to make an entry/ buy the stock....

If you want to be a bagholder, buy the stock now..

Want to make a smart move, learn the Moving average for 20, 50, 100, 200 days.

That is your likely entry point to buy and hold until next earnings...

You can learn at Barchart or Yahoo finance about fundamentals and the moving average.

APHA is NOT a buy yet.

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Comment by ArimaForecast on Oct 16, 2020 8:57am

It can drop to 4.68 USD, according to chart Next week is 4.45, lowest is 4 and it will move up north, it depends on the election Waiting and look out for when it bottoms out. I'm green and I'm not ready to re-enter full position

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Comment by Paray99 on Oct 16, 2020 9:13am

That is a good try from the short point of view. But anyone with a hawk's eye will see a better future. As I mentioned in my last post, this company has the potential. My only point after seeing Mr. Simon's talk with Andy was whether this guy is is the right one to steer the company. May be he had a pot before that interview and is the right one, who knows! By the way,, today it will hit ...more

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Comment by Paray99 on Oct 16, 2020 9:20am

Sorry, a US / CA mess up, I meant $7.00 CAD.

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Comment by ArimaForecast on Oct 16, 2020 9:31am

Never short Apha, in the past and the future. After a year of red with a lot of stress, I learned one thing, never love any company, follow the charts. Simon is good, but his 18M salary (double compared to last year) seems too high compared to the performance of the stock

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Comment by ArimaForecast on Oct 16, 2020 1:13pm

Falls exactly at 4.68 and goes up a bit, this is what I would like to see today. If the close is not above 4.8, we risk seeing open lower on Monday morning

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