skyplt wrote: Well hello ProfC. Hope you are well.
This has been a journey, which I hope this Thursday will start to turn around in a small way...and then gather momentum.
To date this sector has been at the mercy of the daytraders and shorters. I recall (oh why did I ever sell?) when Air Canada first came out of bankruptcy protection and was trading at 2 dollars a share. I bought around 8 and sold around 22 last year (sadly, to free up some cash for APHA at 16).
I recall when Air Canada stock was trading like APHA stock presently is - at the mercy of day traders. The CEO came right out and said he could care less about daytraders and those looking for short term gains (i.e. within a year or two). He made it clear his focus was on the long term health and survival of the company and that the stock price would follow. Today it is trading over 46.
I am hopeful this is Irwin Simon's view...the long game in an industry that is just getting started.
Yesterday I watched Chartman Dan's video. He was speaking to the HEXO share price spike and that he knew it was time to do a day trade when he noted a Tweet that HEXO was about to be up against similar issues as TRST. He recognized it as a shorter scare tactic, nothing more than fake news meant to rattle retail investors. He also went into depth and pointed out specific price points where MM were spoofing HEXO's share price in order to do some long buying without anyone really noticing. All financial games that make and break short term traders.
As a consequence of post legalization blues, Neufeld's alleged double dealing, overall lack of hype, Linton's firing, and Aceto's apparent criminal activities we Aphria longs have been at the mercy of those who are focused on gaming the stock on technicals, and the stunned disbelief of the longs who see APHA potential.
My fingers are crossed that, as you state, we get a Q beat. Hopefully this will have us crossover from being a cat toy in the hands of market manipulators to being a juggernaut company that is focused on business and product development in this sector with huge potential.
Okay Mr. Simon, you told us there was a 90 day plan to bring Aphria back to life. In two days I expect you to come down off the mountain and provide us common folks with guidance from above. We are overdue.
ProfCornelius wrote: Apparently, I was ruffling the feathers of the many trolls that abound on here so they cried and lied to the moderator. Before I get started I have two apologies to make to the longs. One, I made a few more inquiries into the state of Aphria's finished goods and at this point it has rapidly been depleting because of the TRST under supply issue, Alefia agreement etc but there are still some finished goods in inventory. The good news is that if TRST loses their License or if it gets suspended that we will definitely sell everything that we can produce which is where are almost at present. My second apology is for backing up Outhere on the odd occasion. Clearly he is a psychiopath and is now on IGNORE. Again, I am sorry for both and was wrong on both counts. Now for my epic prediction. And trust me (excuse the pun) when I say that my crystal ball is on fire because it is. Based on these factors. 1)OCS stores pumping out Aphria products 2) Fire and Flower killing it for Aphria 3) international cannatourism in Canada is very high 4) our Alefia supply agreement for 2000 kgs/mth and 5) the massive short covering that I am seeing I am calling a beat the street for Q4 2019. The average consensus for 7 analysts is 107.43M CDN I'm calling for 123M Cdn or higher. Best regards, PROF