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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 of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

Bullboard Posts
Post by rehsifylfon Jun 01, 2018 12:11pm
156 Views
Post# 28111734

The hours in between

The hours in betweenSome days - the first and the last hour are the only time anything happens in this sector.  The question now is, over the weekend will there be more positive spin (the market will be huge!!!) or more negative spin (the companies are already overvalued!!!) from the non-financial news sector (cbc and the likes) regarding next Thursday's vote.  Or will they - like most people - hedge there bets with a bunch of "on the one hand the market is huge" but on the oher hand "the companies MAY be overvalued.

All the larger LPs are just holding -waiting for that last hour.  Who will win the day - bears or bulls?

As for APH - someone - i.e. a real holder versus the computer traders - is selling larger blocks at 11.60 (10K, 4k, 4K etc.) and the machines picked up on this pretty quickly and aren't letting it get to 11.60.  Not sure if that is what's happening to WEED as well, but probably.  Depending on how many shares he/she wants to get rid of, that could affect the close when they start dumping at market.  If those blocks stop appearing in the next hour or so, we could pop through 11.60 and make a run.
Bullboard Posts