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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 PeterMacd2on Nov 02, 2019 10:53am
142 Views
Post# 30300837

RE:RE:RE:Well done longs!!

RE:RE:RE:Well done longs!! Good morning to all longs!  How are the hang-overs this morning boys??  Man I wish I lived close enough to Leamington to have been in one of those bars last night.  But since I live a long way from any bar, had to content myself with a couple of Ardbeg Uigeadails in front of the fire.

I've been reading the celebratory posts this morning, and like you I'm greatly relieved. Knowing something is probably going to happen is NOT the same as actually seeing it happen. Also, like gottahunch, have to tip my lid to Vic N who set APH1 & DD in motion and hired the Mastronardis and did a lot of other things right (but then screwed us all with his hubris). I also agree that this is a big step into a wonderful future, long-term. But I would like to introduce a note of caution re the SP. My Scottish side says, remember, this stock, more than the rest of the sector, is heavily manipulated by the big banks and trade houses.  I could see them giving this news a big shrug, simply because it's not in their best interests at the moment to allow APHA rise to its logical price (imo, for what it's worth, ~$15 right now; ~$30 in less than 3 years).  Next week will be key,. If we don't see the SP rise at least $1 by next Friday and stay there, then it's hard to see what possible news would drive it up by $10 in the next 12 months and $25 over 3 years. I've stated before my belief that the market always eventually reverts to the rational, valid SP. But "eventually" can be a long time.  So, I'd counsel: emotionally not too high when times are good, not too low when times are bad. Stay the course, don't sell. There will be not so great days in future, but the fundamental value and opportunity of APHA will shine, eventually.
Bullboard Posts