Apollo Healthcare Corp Warrants (03/01/2022) APHWF

Thoughts?

[JUJU1985]

All gains gone from yesterday. I'm still up on this play, but feels like my investment isn't paying as I expected. I contacted Hybrid Financial a weeks ago and got no response. Anyone contact AHC IR team?

[gary7789]

they are too small to get any interest in the US so that listing is going to do nothing until they get over $1 billion in revenue. No one is going to pay attention to a $400 million company from Canada with one production plant that took off during COVID, and was a mess before that. So the US listing is not a catalyst. In Canada, it might just be over owned. The comment in the release about sales

[profitprophet1]

We don't need massive institutional ownership. I see what you mean by having larger revenues to attract wide spread interest. However I've seen plenty of small companies with considerably less than a billion in revenue take off and earn massive returns for investors. I think you were closer to the mark with investors believing the revenues are non-repeatable. Clearly covid was a massive

[gary7789]

I'm staying in too. I believe they have established a really good relationship with Costco and Walmart US and I expect that to lead to new product growth as COVID products slip in volume. 

[gary7789]

I was also thinking that patience is going to be required because this stock is so thinly traded. Most shareholders are long term and very very few are trading it. On days where there is no news, we see less than 100,000 shares traded. Out of 73 million! Thats almost no churn at all.  Those that are trading it are micro traders. There were also millions of Acasta shares still held by people

[RTO]

Gary, maybe add to the list Anson Funds owning over 10%?  Are they the same firm with offices in T.O. & T.X. that got into trouble on naked shorting other stocks and have regulators looking into the situation?  Maybe they too are selling to bring in some much needed cash.

[deleuze68]

With all due respect RTO, you have fallen prey to the conspiracy theories circulating the web. All the rumors surrounding Anson are the product of a few deranged individuals that were on the wrong side of a trade a long time ago. There is no investigation into Anson. The reason they did reduce their position last year was to balance their portfolio as the meteoric rise of AHC led to an overweight

[gary7789]

there could very well be "some behind the scenes" stuff going on. And today is the first day that insiders could buy and sell stock again as the blackout period ended last night for them. And the company could also be repurchasing shares that insiders are selling. It is interesting that there is virtually no volume on the OTC shares in the US. Anyone know when insider trades on the TSX