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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

NDAQ:APHA - Post Discussion

Aphria Inc. > Thank you everyone
View:
Post by N00bInvesT0R on Oct 15, 2020 3:47pm

Thank you everyone

Like I said, I was most probably going to sell everything Today no matter what especially with USA elections under way.

My Q1 2020 Prediction Post :

https://stockhouse.com/companies/bullboard?symbol=t.apha&postid=31701595


I hope that everyone benefited from my Technical Analysis posts with charts or Due diligence posts. This is why I actively manage a percentage of my position because even if you do Due Diligence it doesn't mean that you will be right. Based on my Due Diligence  :

  • I predicted a 20% growth Quarter of over Quarter and we ended up having a 23% improvement.
  • I predicted that CC Pharma will remain the same so 99,137 M$ because that number covered a full quarter during the pandemic. Unfortunately, we got a bad surprise and CC Pharma reported 82,198 M$ , Almost 17 M$ difference
  • I predicted 163 M net revenues but we got 145,689 M $. If you add that 17M bad surprise difference it would be 162,689 so almost 163 M$

The goal of this post is not to make excuses or show you that I'm good at doing estimations, the goal is to remind everyone to always take money off the table to protect gains because as accurate as you can be with Due Diligence, you are not immune to bad surprises like CC Pharma today.

The stock market has no feelings, even if the Q results were good overall in my opinion, who cares if CC Pharma revenues declined, the most important indicator is recreational market share. 6th quarter in a row that we see growth, at this rate rec sales will be higher than CC Pharma.

Unfortunately, it is what it is, if you don't meet/beat analyst estimates even if you have good excuses, your share price will tank. Good news for people that are in for the long run, the company is improving every quarter.

Aphria was a good learning experience for me to learn Technical Analysis, Fundamental Analysis and risk management (taking money off the tablee). I may have exited Aphria with a loss overall but the knowledge I have now heading into my next adventure is priceless.

Thank you everyone again and good luck

Disclaimer

  • I'm not a financial advisor
  • I'm not a price action or fundamental fortune teller
  • Always do your own due diligence
Not everyone has the same :
  • Investment Horizon
  • Financial  Health
  • Time on Hands to manage actively
  • Profit Goal or purpose of investment trading
Comment by Ventura2020 on Oct 15, 2020 4:19pm
Thank you, N00b! I think you did a great job! CC Pharma was nagging me for about a week prior. Had an uneasy feeling on how they were doing with medicinal sales. I was in Germany on business mid September and one of my friends had said that prescription were down, due to the pandemic. Unable to see a doctor and have it filled and it was well known throughout Germany that this was going on.  ...more  
Comment by hevin on Oct 15, 2020 6:08pm
At the risk of sounding like the cheesy 90's dance hit....Please Don't Go!!!
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