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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 Mar 17, 2019 10:36am
186 Views
Post# 29497326

RE:RE:RE:RE:RE:Diageo? Nope! Wanna bet?

RE:RE:RE:RE:RE:Diageo? Nope! Wanna bet?The funny thing is I'm not even bearish on Aphria at this price. I'm bearish on Canopy. Anyone looking at the 1-3 year chart on Canopy can see it's probably going to test another new higher low like it always does. Also looking at the SPY as well as it's sitting at the 280 resistance level again. I've missed a 30% gap up day before with Canopy haha but still tons of money to be made buying the news, even if I have to enter higher. I play overall sector trends and go all-in and all-out every time. For instance, I bought Aphria in August at $12.40 all in for 8000 shares. If I went all in tomorrow again I could buy about 12,000 shares. There's just more money to be made playing swings. I will 100% feel bad if I miss out on a big gap up but I will be buying the news and still make a lot of money when I do. Could have bought the news over at Cron and made a killing so I plan on buying the news this time or just waiting for a sector dip. I lack courage to hold long because I'm 30 years old now swinging $150,000 in my TFSA when in 2015 I was only swinging about $12,000 so it is definitely tough mentally. Just trying to maximize profits and limit risk as much as I possibly can. I'm not trying to convince people to sell lol, holding at this price is a great plan too. Will probably be testing $20s again in the fall. I like posting my "bearish" thoughts here because we usually get a good discussion going. Most longs here don't treat me like a typical "basher" when I do haha. I might actually enter again this week for a quick in and out because we might test $14 again. 
Bullboard Posts