RE:This had to happen...megcoglog wrote:
Aphria went up too much, too fast without any support along the way. Key support level is $14.87. Hang in there and be patient. Aphria will recover and when it does you will be kicking yourself if you sell.
The perplexing issue is that Aphria is by far superior to Canopy and Aurora by most metrics. Their market cap is almost half of the other two and their future prospects are equal if not better. They have better managment and consistantly profitable. Its very strange. I really don't understand the markets. If valued by the same standard as the other two(despite Aphria being a superior company) - the share price should be around $25.00 right NOW.