RE:Suggestiontreehugger2 wrote: Argh, MR Irwin’s cure is not working for Aphria’s shareholders. Let us organize and crush the large (the institutional shareholders) insatiable crowds…. At least prevent them from gorging at our expense. As it is, they feed on the small retail standard shareholders.
It is not my thing, but now I am about to consider day-trading, and even twice per day. I shall let you know of my strategy. Strategy: I will need to guess correctly in advance which way the share will be heading for the day….. If agree, kindly, post your strategy in advance; staying long it is not working.
Do as you want, it is your money. However I think you are a few months too late to take advantage of the really good daily swings. Share price appears to have fully consolidated now. There is nothing worse than going to make a quick trade only to find yourself chasing it later as the sp creeps up after you hit the sell button.
I never thought it would consolidate as low as it has. TLRY shot to $67 was a short squeeze that went too high, but to get it back down to sub $15 from there is way oversold. Bear short sellers really worked it hard. At the same time they still have a tonne of shares needing to be covered.
When it starts moving back up it can start moving fast. If it feels it moved too fast and went too far, then would be a time to consider takeing a few off. Re-load when it dips back down.
The sp is holding up considerably well today considering the DOW is down 400 points
eom
momo