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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. > The market in general was odd today
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Post by CaneIsAbel on Apr 07, 2021 7:03pm

The market in general was odd today

EVs took a beating even though the feds assured no interest hikes until 2023 in their minute release. No fundamentals changed with Aphria Tilray. People who say they are "supposed to disappoint" in their upcoming financials are reading one biased article that did at the same time rate Aphria a hold and target price of 17.50. A massive upside from where we closed today. I ask all of you to refer to Irwin Simons last quarter report. He said they took loses and paid down massive debts almost assuring a positive surplus this quarter. He said it from his own mouth I encourage all to watch the video or read the transcripts. We all witnessed Tilrays quarter when everyone said including analysts that they were poised to disappoint and they did they?  It was a massive earnings beat. I don't want to sound like a broken reviews but tens of millions in revenue from SweetWater which operates in 28 states is do to be reported as well on this report. No one can predict accurately what Aphria has accomplished. Recreational marijuana use across Canada including store openings have exploded and I shared articles with this board. I must reiterate please stop believing analysts when it comes to Aphria. Aphria always pulls through and breaks out higher eventually. ALWAYS.
Comment by Buttsmag on Apr 07, 2021 7:09pm
Love it. Those tilray earnings were very nice and the sp dropped 10% the next day. I'm long and obviously biased but if these financials come out strong and the market reacts with the same disregard...I'm gonna need more of these types of posts from you. Glta.
Comment by Shazam57 on Apr 07, 2021 7:26pm
Tlry fins were not strong. -.45/s. It should have dropped. Also don't forget that the price was $67 a week earlier.
Comment by CaneIsAbel on Apr 07, 2021 7:33pm
Yes that sometimes does occur my friend but always notice what happens a few days or weeks after that. The news sinks in and the SP begins to reflect the numbers. This analyst pricing in a disappointing quarter still rated Aphria a Hold with 17.50 target. That's assuming we disappoint and that's from that steifel article everyone seems to put stock in. It didn't scream sell sell sell ...more  
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