Post by
hevin on Apr 16, 2021 8:07pm
Where can our SP go?
A lot of great posts lately it's nice to see for a change. As for our SP, when looking at fundamentals post merger with tilray, I suspect realistically, we should be around $25 Canadian. But as many of us old timers have seen there's something called momentum which can change the game plan dramatically and completely burn the shorts. Momentum is basically 'perception is reality'. It can take even dog stocks to super highs not to mention a great stock like aphria-tilray will be. It is the dark horse that runs faster than all others. it's likely that more institutional buying will take place not to mention the likes of the Reddit Wall Street bets and the regular Joe retail that wants the best names in their investments. Very shortly Aphria will be the Tesla of the Cannabis sector. And that means an SP of the sky is the limit. Most of the world is opening to cannabis whether it be Europe, the US or elsewhere. we long-term holders with patience will reap all the rewards especially standing on the sloping shoulders of idiots who like to short us. Had to land one on shorty of course. Have a great weekend.
Comment by
Vegas63 on Apr 17, 2021 10:43am
I forgot to say after the covid pandemic people will have more disposable money