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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 INVSTIGAT0Ron Feb 14, 2019 3:51pm
104 Views
Post# 29366458

RE:RE:RE:RE:RE:RE:RE:RE:VVF Village farms is a good investment take a look

RE:RE:RE:RE:RE:RE:RE:RE:VVF Village farms is a good investment take a look I'm not really much of a day trader as I usually decrease my sharecount because one, I suck, and two this industry is too fickle to make the right calls. I'd say I'm holding 90% of the time so I'm a 90% long. Basher? Never, other than GGB because f.uck those guys. This stock is primarily moved by traders so if you're going to listen to anyone it should be them. I do however play the overall swings and when I am sitting in cash you'll usually never know because I don't publically announce it every time like most people on here do. For instance, I sold at $13.02 after we fell from $14+ and didn't say a word and continued to post bullish sentiment. I did this because of earnings week, Canopy's overall trend AND because I was able to get to the same amount of money as I had when Aphria was at $22 from the swing I made in December. The MACD, and SMAs on the year chart are all rolling over. The RSI has fallen out of overbought and if history repeats itself then Canopy will enter bearish mode and bounce off a level in the linear path of the most recent lows like it has multiple times in the past year. The current trend of lows is roughly $24, $27, $32, and $36 all of which are a good sign as they have been higher each and every time. Canopy always plays a wide range and will likely see mid-high $40s again if the trend continues. Remember Canopy has 5 billion in cash and still managed to hit $36 about a month and a half ago. Unless Bruce pulls another amazing industry shocking catalyst out of his hat tomorrow then a bear trend is likely going to form. It becomes increasingly difficult to time Aphria properly because of Canopy and that is why I am on the sidelines right now. Aphria needs a big global partner to get it to the next level OR maybe 2-3 quarters from now once we start showing numbers from our expansions (once we finally get those licensed). I'm only human though and usually enter a bit earlier or later than I should so I'll probably be in and out a couple times in the near future and shave off a few thousound from my TFSA haha. Just bring up the 5 year on Canopy and tell me that's not at the edge of a cliff once again searching for a new higher low.    
Bullboard Posts