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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 can our SP go?
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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 CaneIsAbel on Apr 16, 2021 8:45pm
Well we should be more then canopy's evaluation. They have financial security with constellation behind them. That's worth something to the market. Where can we go?  In my opinion we will have some volitlity but we will have our major corporate buy in and partner eventually. When that happens we won't need a Reddit run to hit 50-60 highs in the future. We will attract long term ...more  
Comment by Vegas63 on Apr 17, 2021 10:35am
Great post hevin , I am some what new to stockhouse,, although have been investing in marijuana stocks before  they  legalized it .. I started off with   Hydropothecary (  now Hexo )  my average sp was   $ 1.60 when the stock price went up to  $ 10  dollars   the CEO  sold his million shares and the stock price dropped like a rock.  ...more  
Comment by Vegas63 on Apr 17, 2021 10:43am
I forgot to say after the covid pandemic people will have more disposable money 
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