RE:RE:RE:APH StockWith only $4,000 to play with, and a $9.99 commission fee, it might not be too wise to buy a little at a time.
The real question is; how comfortable are you if you don't see a return on investment for let's say... 1 year? I am not saying that APH will not make you any money for a year, but with anything in the market it IS possible. Being new to investing might make you feel impatient or scared and you'll potentially sell at a loss. This is not wise, at least in my opinion, since I believe APH will be a goldmine if they continue to execute with their business plan.
Keep in mind that APH has risen substantially in the last 2 weeks, trading as low as $6.10. There could be a possibly be a pullback back into the $6 range. I'm not saying it WILL happen, but you need to be mentally prepared to buy at $7.35 and see it as low as $6.50 in a week... but it could be $8 in a week too, who knows.
While it would have been amazing to buy APH a year ago, buying at this current price is still seen as being an "early investor". Take that into consideration, please. If you believe in Canada's marijuana industry, and believe that APH is a solid company (hint: it is), then buy today. You can ride the up and down waves with us on this board. Goodluck.
RyJLek wrote: I really believe there is a ton of upside in Aphria over the years to come. So much potential. Getting into Aphria right now is a good idea however listen to blue and don't put in all your money at once. Buy a little now and see if the sp goes down a bit to keep averaging down.