RE:RE:Canopy, APHA, ACB and others: Tim, I was not suggesting that APHA is separating (from others), it was a joke referring to our recent conversation about separation!
My point was that no one is still in a position to really separate from the sectoral movement, that will happen but we have to wait a little longer.
TimMcCracken wrote:
MNK3240 wrote: APHA seems doing well today. Based on our recent assumptions, APHA is separating from others, interesting!
As i said before, in general, MJ sector goes up and down as a bunch (percentage may vary) and occassionally, depending on company-specific news, sometime they break that trend.
I think until Canopy (and or any other company) shows some real good numbers, it will continue to go up and down along with others, no real separation!
Wow, APHA separating .... what a joke.
The only think it is separating is its ability to attack real investors due to its corrupt ast. Well managed companies will trade at premium to market whereas dishonest companies will forever trade at a discount to market regardless of what they do.
That company needs to gut everything, cut all ties with the "old boys" club, and change the companies name to start fresh.
3 years ago today Canopy traded at $9.50/ share and APHA at $5.80 ... one is up 185% and the latter is up 8.6%.
Currently Canopy has 1.9 times the cash and marketable securities than APHA market cap is worth.
Investors would have been better off buying the S&P 500 as it is up 43% over the same period.
Let's not forget that APHA was self proclaimed investment analyst GoBlue #1 pick, I mean who could blame him with his 30 years of experience ... the good news is you can PAY a monthly subscription to hear more information from his analysis... his other top picks included TRST and LHS ... I hope none of the good people on here pay to listen to his garbage.