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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. > Hmm...
View:
Post by DumbOracle on Apr 06, 2021 9:57am

Hmm...

The little MarketWatch piece about the lowered earnings estimate smells funny to me. Stifel's reasoning seems pretty broad and unspecific to our company. I still say get some while you can and don't expect too many more days in the low 20s.
Comment by Shazam57 on Apr 06, 2021 10:04am
Especially when you have 2 companies promoting Aphria.
Comment by HARJAY on Apr 06, 2021 11:10am
Could people when they are refering to an article please copy the article in their post so that the rest of us can see what the person is talking about .  Thanks I presume this is the article you are talking about Aphria (NASDAQ:APHA) Price Target Increased to $22.00 by Analysts at Stifel Nicolaus TUESDAY, APRIL 6, 2021 | MARKETBEAT Aphria (NASDAQ:APHA)  ...more  
Comment by Shazam57 on Apr 06, 2021 11:33am
This is the article I read. https://www.marketwatch.com/story/aphria-revenue-estimates-lowered-by-stifel-ahead-of-q3-earnings-on-weak-cannabis-consumption-trends-2021-04-06?mod=cannabis-watch
Comment by DumbOracle on Apr 06, 2021 11:59am
Sorry Harjay, that is a much better article and paints a clearer picture of the strangely broad spectrum of ratings. The marketwatch one is brief but is the prominent news lead when googling Aphria. Basically a very easy to find negative header posted right at opening. Seemed off to me but hey, just an article.
Comment by newfrontierMJ on Apr 06, 2021 12:34pm
So then why is the rest of the sector down? In the past I've seen significant upgrades to companies and the stock still free falls. In my opinion it's a combination of algo's pulling down the price, coupled with weak hands all compounded with lack of enthusiasim. It also doesn't help when retailers have been cleaned out of their cash with these crazy stupid price swings.
Comment by Oldweed on Apr 06, 2021 12:42pm
For at least the past 2 weeks BNN has been putting out cautions to investors warning that Canadian LP's have benefited from the prospect of US legalization and are trading at levels not warranted. The hype should have only affected the MSO's at this point and is premature for the Canadian LP's to see any benefit.
Comment by Positivelive1 on Apr 06, 2021 12:59pm
BNN is a cartoon show! Anyone who basis their investment decisions on BNN is very amateur!
Comment by Paray99 on Apr 06, 2021 4:34pm
  Simple, big investments coming in.... and they will do everything to pull down the price to get their entry... Patience will be paid off here... So just hold! My target is $40 in about a month.
Comment by FOMOsapien on Apr 06, 2021 5:16pm
Marketwatch had an article out earlier today about sifle's lowered ER prediction for APHA's upcoming financials. That maaaaay have had a bit to do with today's BS.  Either way, I think patience is the play here! 
Comment by Ronbromleygross on Apr 06, 2021 5:42pm
These analysts are all a bunch of morons who know squat.  My guess is a lot of them get a kickback to do what the big hedge funds or institutions tell them to do in order to manipulate the markets to their advantage.   They are nothing more than puppets.   If they were f add I good at their jobs then why work for someone?  Wouldn't you use that expertise you have to your ...more  
Comment by HARJAY on Apr 06, 2021 2:12pm
No problem , all info is useful , just like to know what you  ( the preverbial you not refering to you specifically )  are refering to when a statemment is made. Actaully from a personl perspectivve i find what was said in both articles not in line with how investors view APHA  's potential especially taking into account the merger. there doesn't seem to be any growth ...more  
Comment by CommonCentsforDollars on Apr 06, 2021 1:11pm
If they were specific they would say that they are getting buried on their short position so they are re-rating before earnings unlike professional institutions that re-rate AFTER earnings as they are looking for a window to cover their short position. The market manipulation of this sector appearingly doesn't end. Pissed at this total bs. Sorry for all longs.
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