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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. > Where’s the bottom? $18..17..watch after earnings
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Post by Ghostinthedark on Apr 07, 2021 6:36pm

Where’s the bottom? $18..17..watch after earnings

I cashed out everything yesterday, losing some of my
profits.
Apha is now headed for a monthly lower high---under $24.
From everything i read, earnings are going to be lower than estimates for this quarter.

In part, that's why you are seeing a stock dump on APHa.

My guestimate is that after earnings disappoint when announced on April 12, premarket
ApHa wil dump some more.
if you look at the monthly chart, there was a selloff down to $17 last month, and then a pop.
So, $17... or so is a major support.
My plan is to buy back in after earnings.
APHA is suppose to disappoint with there earnings---around $163...
Comment by Ronbromleygross on Apr 07, 2021 6:56pm
Thank you Ghostinthrdark for those shares then.  I bought 2 separate orders today Ron
Comment by Positivelive1 on Apr 07, 2021 6:59pm
Ron, not so fast- those $18.17 shares will be mine! 
Comment by Shazam57 on Apr 07, 2021 7:08pm
Are you taking into account the revenue that will be coming from Sweetwater? Last quarter was 163 and only included 900k from 5 days of Sweetwater revenue.
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