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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 kensteron Jul 26, 2019 9:03am
104 Views
Post# 29963202

RE:RE:RE:RE:RE:RE:Disappointing news! CIBC downgrade

RE:RE:RE:RE:RE:RE:Disappointing news! CIBC downgrade
I don't think retail is selling anything,just no real buying.All the selling is borrowed shares the M.M.keep selling driving the price down..Not sure how the formula works but if a 6k sell drops a stock 6% with 250 mil shares out the system is fuked up.
Its no wonder a stock can drop in a hurry.Sure it goes both ways but at least upward investor buying is legit. This shorting has become a Big Business on the backs of small investors imo.

investigator

The timing of this is definitely suspicious. I was already thinking they are setting up to shed a positive light after the Aug 1st earnings get released and this makes it even more likely imo. I can't see this going to $6.50 pre earnings and then dropping even further. Just looks like they needed an excuse to scare more people out of shares because retail selling dried out. It doesn't make sense to downgrade one of the most undervalued players 6 days before an industry record is set for highest revenue. The objective of the MMs seem to be capitulation and if they're attepting that pre-earnings I expect a big bounce after.
Read more at https://stockhouse.com/companies/bullboard?symbol=t.apha&postid=29962953#egvoKc8hbfcdEuyG.99

Bullboard Posts