Bullboard - Stock Discussion Forum 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... see more

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NDAQ:APHA - Post Discussion

Aphria Inc. > The Weakling

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Post by Silentbull on Aug 10, 2020 10:11am

The Weakling

Looks like Aphria has to head back to its $5.32 level before any direction is determined, weak duckling

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Comment by Savage97 on Aug 10, 2020 10:19am

When the media says buy (CGC) it's because their selling and when they say sell (APHA) it's because their buying. Not complaining as Aphria is at least green with canopy now which is telling. GLTA

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Comment by Silentbull on Aug 10, 2020 10:36am

Exactly, the paid media does what it is supposed to do and either tries to pump before the brokers sell or bash before the brokers buy. Aphria is not able to hold the $6 level it seems, canopy is just being pumped on an average volume, the results were not good, declining market share Q over Q in canada in a growing market is cause for alarm. I think once canopy is just 4-5% green, remaining will ...more

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