RE:I can't take this anymoreIn over 30 years of attempting to invest, this is, by far, the worst experience I have ever had. It even eclipses my losses incurred during the DotCom bubble.
As for feeling stupid watching this drop for the last three weeks, I've been enduring APHA for over a year now. Every day brings a new hope there will be a change, and every evening brings another WTF moment.
I am not selling now. Not less than two weeks away from an earning report that should, by all estimates, be the same or even better than the last quarter's surprise.
The entire sector got whacked today. I have no idea why some stocks like VFF rebounded and actually snuck into the green.
I expect APHA is in the double whammy period of management not being able to comment so close to earnings. I doubt they would anyway.
Ultimately, what I am most alarmed by is that not one CEO of any of these LPs or MSOs has come out strongly and defended their products verses the black market. This is becoming, as you state, ludicrous.
...we all hope the tides turn tomorrow.