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

Aphria Inc.

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Comment by Michalson Sep 19, 2018 10:53am

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Post# 28646767

RE:RE:Aph is clearly being held in a zone

Freedo wrote:

Leggy67 wrote: which is fine for now- but that just means something is coming- seen this act before

Please elaborate, Market Wizard

I have noticed that often when the sector goes up a lot leaving one of the bigger players behind, the next day that player catches up (at least somewhat - essentially outperforms the previous days outperformers). I think a lot of people are riding the wave that the sector is going up and naturally all the stocks should be going up somewhat - even if my different margins. So if there is a big lagger it usually catches up.

Considering how much the market rose today, tomorrow either most of these stocks retrace (not likely considering legalization upcoming) or aphria has a decent day tomorrow. My opinion anyway so you get what you pay for.

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