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. > If Biden wins

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Post by Ghostinthedark on Nov 02, 2020 2:21pm

If Biden wins

Expect a dump. This a typical runn up...and then....

stock drops again....$5.75 support....this will take a few days.,.

FOMO and irrational exuberance..,.

I sold 2,0000 shares at $.35...

now I wait...

As I said earlier, the 200 day moving average is $5.67

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Comment by ArimaForecast on Nov 02, 2020 3:21pm

If Biden wins = Wall street sell off = APHA sell off If Trump wins = MJ sell off = APHA sell off It's FOMO, i don't see institutionals buy today

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Comment by ProfCornelius on Nov 02, 2020 3:24pm

Biden does equal much higher taxes and that's the tricky part. Does the decriminalization of cannabis offset higher taxes?

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Comment by Positivelive1 on Nov 02, 2020 3:28pm

Higher taxes for those in $400000+ per year income! GS wants a Biden win!

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Comment by ArimaForecast on Nov 02, 2020 3:32pm

I don't think they're going to decriminalize right away, especially when there is something more urgent to do. Biden before is not very favored for that. The worst case scenario is Biden wins but Trump disputes. WS will be in chaos for at least a few weeks until Santa rally I'm JOMO: joy of miss out

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