RE:ETF's are dumping the losing picks, they are told to get No kidding, overstated is an understatement.
I get why Canopy and Aurora are getting hit...their financials were not good.
But Aphria's last quarter was a great one, but here we are, lower than the day before that stellar announcement.
Not sure the silence is working well. No doubt those of us used to the Bruce Linton daily diatribe on all things good are feeling this silence. Now we get nothing (not that Aphria ever was king of the news releases).
Let's hope we see some developments...dare a I say DD? Followed by earnings, followed by some JV on the Rec 2.0 front. Oh, and that truly wonderous day when mainstream media decides to focus on where the real problem is with vaping...black market.
Hard not to grow hard and cynical here. This has been skullduggary at its worst.
Daredevil1964 wrote: them off the books. Also with the worries about the economy and numbers showing a downturn many are liquidating and holding cash. Margin calls and stop loses have also been chased, hence the falling SP. This has been a perfect storm, ETF selloff to get the red off the books, economy a bit shaky with the FED rates so low and having to top up financial institutions to the tune of 300 billion, and the fake news in regards to vaping. Now on the other side we have no news in regards to the products that LP's are going to roll out, We have many companies that have majorly disappointed in earnings of which APHA is guilty by association. We have seen quite a correction, which in my opinion is way overstated. We have to wait this out, I know it is a tough time to be a long investor and I am in the same situation as many of you.