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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
Comment by Atheenaon Oct 23, 2018 9:56am
262 Views
Post# 28854968

RE:Athena....

RE:Athena.... I can only tell you what I gleaned from body language and innuendo.  These execs aren't going to whisper anything into my ear as they are too professional and ethical for that.
I don't worry about price too much.  The reason is that we can't control it at all.  The market will do as it pleases.  My goal is not to get shaken out of a VERY well run company that has executed well along the way.  We are WEEKS away from a ton of catalysts.  Can the stock go down?  Sure.  How low though?  I can't see $13.  I just don't know how it could stay there for any real amount of time.  Now we can touch low price points but the smart money is buying it all up.  I spoke to Chris Mastronardi (Double Diamond CEO) and he was excited about the temporary drop in price so he could buy up more shares!  He is smart money.  He is close to the action and has his ear to the ground.  Why would an already rich man buy MORE shares on down days when he is already loaded up far more than any of us.  IT doesn't make sense.  So much about the stock market doesn't sense.  ACB NEVER MADE SENSE OVER $4 a share.  WTF were people thinking?  TILRAY?  COME ON.  APHRIA was WAY over priced last year over $8 a share.  There was no reason for the stock to be $24+ dollars.  Now we are close to a lot of good things and we are $14?  Again illogical.  $20?  Maybe a bit high but $14 is too low.  We should be cruising around $17-19 range...when the announcements come then we pop to whatever the deal value is.  If people on the board are now unsure of the APHRIA plan they should've never bought in to start with.  This isn't a casino.  APHRIA is an investment grade vehicle to grow your wealth.  This is a terrible moment in its history.  It will pass.  It always passes.
I maintain my $30 price point.  Obviously we need a catalyst to get the market out of this funk.  This is not about APHRIA.  

ATheena
Bullboard Posts