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. > Thinking of buying??

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Post by Ghostinthedark on Apr 13, 2021 11:38am

Thinking of buying??

Suffering from FOMO---fear of missing out???

APHA is on a monthly downtrend!!
A bearish reversal!!
Stock will almost defintely drop to $16.47

and likely lower

in the next few weeks, month, or so..

Look at a chart!! Check the monthly time frame!!!

why would you buy more shares now when we are in a downtrend????

Those you buy gambling, like playing to slots at the casino!!!

You never buy in a weekly or monthly downtrend
Because the stock will likely fall lower

so you become a bagholder.

Anyone posting comments like " I bought more and going long"

has no idea about reading a chart.

If you want to buy and hold, you wait for the monthly trend to change..

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Comment by FPInvestor on Apr 13, 2021 1:06pm

Lol is this financial advice ? Whats your current position the stock ?

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Comment by probowler900 on Apr 13, 2021 2:01pm

Before I take advice from a Ghost,I would listen to the richest investor in the history of investing. Warren Buffett once said that it is wise for investors to be “fearful when others are greedy, and greedy when others are fearful.” This statement is somewhat of a contrarian view on stock markets and relates directly to the price of an asset: when others are greedy, prices typically boil ...more

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