RE:RE:For arguments sake....Atheena wrote: Hi TONNAGE...ok so let's use your theory. May I ask why you'd stay invested if you feel that the upside is 14.50? I would suggest you wait for the announcement and then sell out at any price above 14.50 so that you can test your theory...but what I think is that you are frustrated as many people are on this board. You'll do fine. Just remember that summer is always bad for stocks. Let the fall come and then decide if this stock is for you. If you don't see any real movement after Oct 1st...dump away and nobody can say that you didn't try.
My thoughts are that we are being held down because a big deal is being made around 13-15 a share. You don't make deals below your your current stock price and it is usually an average of 30 days with a premium. Now the real money would be in partnership. Who will they partner with and what do they add? We saw what happened to Canopy when they announced their deal...their price more than doubled. There are so many factors to consider. I would bet that we are safe to expect APH to trade near $15-18 by year end. Anything less would be disappointing to me.
Good luck and know that these down days end to. We will be green again soon enough and all will be right with the world.
Good luck to you,
Atheena
Your right I am frustrated like many others, it is disheartening to see this stock pullback so much for seemingly no reason, and it sucks to be tied to whatever canopy does. My $14.50 theory is based on a short term prediction if all those catalysts were to be well perceived by the sector, which at the moment seems like nothing is well perceived even though it should, and any sniff of bad news causes a tank in SP. I'm invested in APH because I believe it has more of an upside than most others in the sector. I can't see a double in SP if a major deal is announced soon. That canopy double was during the hype days which kick started the massive inflate on all MJ prices, something I can't see happening again. Just watch, if APH shows a profit in the upcoming report but misses analysts targets by $100,000 it will be a bloodbath because the sector won't care that they made $10,000,000 in profits, they will punish for missing that $100,000. Messed up but that's the world we are on right now until real profits start rolling in after reco