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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 GreenNmeon Aug 15, 2018 8:22am
113 Views
Post# 28462920

Capitulation yesterday?

Capitulation yesterday?A near %10 drop over no material news...at the end of a prolonged downtrend...I believe we saw capitulation yesterday. I really didnt think we would drop below high 9s and yesterdays action caught me by surprise. It was irrational. Now greedy bears who took extra ordinary gambles on going short yesterday will cover or risk waking up to margin calls tm morning. The gap up will be sold down today but I think this is the start of an uptrend that will last a couple months. Only positive news like Ontario MOUs on the horizon.
Bullboard Posts