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Aphria Inc. T.APHA


Primary Symbol: 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 of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer


NDAQ:APHA - Post by User

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Post by CaneIsAbelon Apr 15, 2021 4:18pm
272 Views
Post# 33005097

Not by me written by someone

Not by me written by someone

Here is perspective for the longs: I know it can be frustrating to see the market continue to go up, yet TLRY is for now stuck in the 17-18 dollar range. Both the APHA earnings, and the merger news are out now and no surprise there. This is where you really have to be strong and very observant of what the stock is doing, and not make rash decisions. This stock right now is waiting for the big news, which is legalization locally, at the federal level, and even internationally. Any such news will boost this stock very quickly. I have been through such frustrating times, and in retrospect, I know that patience always pays off. My view is rather simple. I say to myself will cannabis go away in the next few months or will it stay with a real likelihood of legalization? I thin the latter is lot more probable. With that in mind, where is the stock going to go? If you look at the one month charts, it was declining steadily from 30 to 20, then after APHA news, dipped to 17 and now for the past few days it's been holding there. Shorts would have you believe that this is worth way less (whatever value they say, like 8 bucks, or 12 bucks, or whatever), then the question is why hasn't it continued it's steady declined toward low teens? Why institutional holders are not selling (how do I know: look at volume for the past week)? I'll tell you why big boys are holding. Because they are in this for the long term! They know in a few months time frame, this stock will be normally trading in the 40-50 dollar range. They are not in a hurry to get out. Do not tell you that the average person who posts on this board is more of an expert than those who risk hundreds of millions of dollars. That is why I check volume and institutional holdings. If they hold, I will hold. Longs will win!

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