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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

NDAQ:APHA - Post Discussion

Aphria Inc. > Hey Fellow Longs:
View:
Post by Vinny57 on Mar 04, 2021 7:55pm

Hey Fellow Longs:

Did any of you pick up a few more shares today? Personally, I am waiting for a couple more dollars to be shaved off of the share price before I commit. If that happens, I am buying. I just don't see the share price staying this low when the financials are released next month .................... Unless we have been blindsided. ( I am counting on those days being over ).
Comment by BigBozzMan on Mar 04, 2021 8:23pm
Yes, I did and will continue to do so on all down days,
Comment by Vinny57 on Mar 04, 2021 8:38pm
Well done. You may be buying more. If you check the charts, (which I'm sure you have), there has been nothing but lower highs and lower lows since the 16th. It will be prime picking until there is a reversal. Once that happens, it should be a steady march in the other direction.  Again, I am expecting good things in the lead up to when financials and the QR come out next month.
Comment by BigBozzMan on Mar 04, 2021 8:48pm
Feb 4th was the low of $21.13 so today's close is equal to that. Yes the next support is down a fair bit from this level and if we go there then I will buy again. A lot can happen between now and then. All it takes is one major news release and we are going back in the other direction and fast.
Comment by CommonCentsforDollars on Mar 04, 2021 9:33pm
No. There has actually been 5 higher lows printed since the 16th and 1 of them was just 3 days ago, also on that day it attempted to print a new high however it did fail coming in 65 cents shy. The 16th was a good day for you to pick though because that high of $27.55 is a resistance level. Jitters of the dow unfortunately has allowed bears to hammer down here and paint the tape.   ...more  
Comment by BigBozzMan on Mar 04, 2021 9:52pm
You are totally correct.  I was referring to the closing price only.
Comment by Vinny57 on Mar 05, 2021 1:31am
You are technicallly correct.  However, I was talking about the general trend in the share price.  It has been down and to the right for the past 2 weeks. I DID NOT mean every singe day.  The trend will break in the next few sessions.
Comment by CommonCentsforDollars on Mar 15, 2021 3:44pm
Aphria chart broke through that $27.55 resistance setting a new monthly high. Will have to see if it holds but overall this chart is looking good.  eom momo
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