Long or short we all have an agenda - Aphria will succeed !! Clarification – I am the one and only DD33 and not anybody else as an alias such as DeltaVega or anyone else.
I understand fullythat if you own Aphria you only want to hear opinions that promote sp up and up and away on positive comments. I felt the same way when I was an owner of Aphria.
There is a wise saying in owning companies :
The BEST stock is the one that you just bought – and your cash is AT RISK.
The WORST stock is the one that you just sold. – and your cash is SAFE.
I fist bought Aphria in early Nov 2016 at $ 4.00 and touted the stock to everybody as WAY better than Canopy. I sold APH after the run up to over $ 7.00 in late November and re bought in January 2017 at $ 5.50 and rode it up to over $ 8.00 but I got stopped out just over $ 7.50 on April 11 and was shocked at the blatant manipulation by traders and the HALT.
I do want back IN as Aphria is still WAY better than WEDD Canopy with its business plan and management and positive EBITDA history.
A GREAT future. But………..WHEN to buy is where I get flack and I am accused of being a basher.
I respect greatly the financial analysis and acumen of GoBlue2016 and the informative posts of Sunny699 and the opinions of ProfCornelius.
Lets be friends. I want to buy as low as possible 50,000 shares for around $ 300,000.
It might be $ 5.50 or $ 6.50 but I will wait for the moment and then announce to the Board and then I will non stop pump the stock.
But even then I will say this as a pumper. The full potential of Aphria will not be realized until after Phase 4 is complete with 100,000,000 sq ft capacity and 70,000 Kg sold and 35 % EBITDA. Share price could be over $ 30 - $ 50 by 2020. We still have to wait for phase 2 HC approval and the construction of phase 3 - 200,000 sq ft. and then phase 4 construction and will the market players have the patience to keep big money parked here long term or continue to take short term profits like they did April 11 at $ 8.50 down to the current price of $ 6.54.
I am wary short term going to summer June July August of unknown catalysts and all I am saying is that there could be a buying opportunity. But I love the company and I wish everyone on the board well whether they are holding long or shorting or trading in and out.