Here is an S&P Canopy and Aurora Overlay. S&P in the mountain chart Canopy in orange and Aurora in yellow. Both companies are trading in unison with the S&P 500. This has been the case for the past few months and very much since the U.S. China trade dispute. The talks have been rumored to be heading toward their conclusion. This is why the market was up today. Like the chart guys stated earlier today, there seems a correlation. Both stocks trade on the big board so it makes sense. Hopefully these politicians will resolve their differences.
https://www.facebook.com/groups/MJInvestors/?fref=nf
Athena says..."My take"
I don't think we'll get a hostile takeover bid.
We are being shorted down to make us agree to a lower priced deal.
The good thing is that we have multiple suitors. You make a low ball offer and another company can just as easily up the ante.
Why do some of you think that Vic and his team are not interested in the shareholder? They are also shareholders and want the highest price as well. We are all not privy to every last detail on their game plan. I get it, the optics are ugly. It looks like they are sitting on their hands. We've been on radio silence for a while now. Why? There MUST be a reason. Do you all honestly think that guys like Jakob R left DIAGEO so they could join a company with no clear path?
I'm not here to pump up the board. I have invested heavily in this company and I am hoping and praying that the nonsense I'm hearing here is just that.
My bet is that Vic and his team will settle on a deal with Altria sooner than later. We can't win a war with companies this big. They can destroy us, slowly or quickly. Isn't it better to take a lesser deal for a low percentage entry and get them on your side? Once a major is on board the stock takes off like a rocket.
The market won't wait forever for Aphria to make their move...I'm not sure how they can protect themselves from a hostile takeover but once they divested of Liberty Health they lost their "protection". Now they must have a contingency plan. There has to be a law of diminishing returns for these companies for them to stop shorting us.
What a crooked world we live in. I really like the future for Aphria but the management team has a LOT OF PRESSURE on it now. The need to respond is great. You can't just remain quiet as the shorters pull your pants off and parade you about town. We have gone from $22 to 12. We absolutely better have a plan and it better come soon or else there will be a rebellion against Vic. I have faith that he gets it done...but it looks as if the eternal optimists have changed their tune. That is the definition of capitulation.
It is always darkest before dawn.
Atheena
We are being shorted down to make us agree to a lower priced deal.
The good thing is that we have multiple suitors. You make a low ball offer and another company can just as easily up the ante.
Why do some of you think that Vic and his team are not interested in the shareholder? They are also shareholders and want the highest price as well. We are all not privy to every last detail on their game plan. I get it, the optics are ugly. It looks like they are sitting on their hands. We've been on radio silence for a while now. Why? There MUST be a reason. Do you all honestly think that guys like Jakob R left DIAGEO so they could join a company with no clear path?
I'm not here to pump up the board. I have invested heavily in this company and I am hoping and praying that the nonsense I'm hearing here is just that.
My bet is that Vic and his team will settle on a deal with Altria sooner than later. We can't win a war with companies this big. They can destroy us, slowly or quickly. Isn't it better to take a lesser deal for a low percentage entry and get them on your side? Once a major is on board the stock takes off like a rocket.
The market won't wait forever for Aphria to make their move...I'm not sure how they can protect themselves from a hostile takeover but once they divested of Liberty Health they lost their "protection". Now they must have a contingency plan. There has to be a law of diminishing returns for these companies for them to stop shorting us.
What a crooked world we live in. I really like the future for Aphria but the management team has a LOT OF PRESSURE on it now. The need to respond is great. You can't just remain quiet as the shorters pull your pants off and parade you about town. We have gone from $22 to 12. We absolutely better have a plan and it better come soon or else there will be a rebellion against Vic. I have faith that he gets it done...but it looks as if the eternal optimists have changed their tune. That is the definition of capitulation.
It is always darkest before dawn.
Atheena
Read more at http://www.stockhouse.com/companies/bullboard/t.apha/aphria-inc?postid=28988828#Acv1BbUEd7DWPKUz.99
RE:My take...
Thank you Atheena and I sure hope you are right. I have everything riding on this stock. I did my DD before investing and thought this company has strong fundamentals and strongly believe in it however I also agree with you that Vic is needing to respond and respond soon for this stock price to stop falling. We won’t be worth much if this continues. Hoping we have some news this week.
Read more at http://www.stockhouse.com/companies/bullboard/t.apha/aphria-inc?postid=28988850#I31Iv0CJyjdbEsdG.99
We were shorted beyond HEAVILY this week!
Read between the lines. I know that some of you know why..so does the street.
Never mess with the big boys if you are a CEO of a small LP. You can't win...they have too much capital, to much technology and too many connections.
PROF
Read more at http://www.stockhouse.com/companies/bullboard/t.apha/aphria-inc?postid=28988778#HYej3Ph8r1GYkWMU.99
You've probably all heard about the interview Vic did in Germany, I believe on 10/22, where he states they will have an agreement with a major partner in 3-6 months. Three months from then would be around the time of their next quarterly statement and 6 months to the one after. It seems to me Aphria's "major player" wants some positive results from Aphria before they sign on the dotted line. The Canadian market is still adjusting to legalization and Vic may be concerned their profits won't measure up, come January, to where this partner wants, but things should be adjusted, in the Canadian market, by April. Then the suffering will end.
https://finance.yahoo.com/quote/APHA.TO/community?p=APHA.TO
Relax! We have what they want!
Take a drive through Leamington and by Aphria current and future properties, then tie in the rest of their holdings across the world, once you realize the magnitude of this company you will understand that this can not be reproduced in a short amount of time.
The suitors know this and time is of the essence for their salvation in the sector. The deal will come out of nowhere when you least expect it! Some of us have been here for a long time, a little longer won't make a lot of difference. Aphria success is more important to Vic than most others as this is his dream to help his community (Leamington) to new heights and create a lasting contribution to his hometown where his family is and where he grew up and has many people watching him, and cheering him on.
Think about that? It's not just about the money as most seem to think. I continue to pick away at APHA shares knowing I will soon be rewarded. I know we are down due to market sentiment just like the others in the MJ space! Consider how shareholders of less desirous companies are feeling with no chance of a future catalyst? We will wake up one morning and out of nowhere we will have a deal, and the naysayers will be lovers once again! I have been through the same thing before with Baffinland Iron Mines, check it out as it is worth the read, back before the crash of 2008 we were thrown around like a rag doll, I knew we had an amazing ore deposit but it seemed no one was interested,
I thought one day soon it will click in, then 2008 happened I had to endure the biggest correction I have ever lived through, I grabbed a pair and bought more shares at $0.11 which was so low that it was a possible game over scenario, well the world did not end and things improved over time, one morning I woke up and the news was out Arcelor Mittal made a bid for the company and a fight ensued it became an auction, and the shareholders watched as they bid up the stock price, eventually Arcelor won as they had the deepest pockets! I will continue to hold strong with APHA! Hence my name metalmind as the deposit was Iron Ore!
Read more at http://www.stockhouse.com/companies/bullboard/t.apha/aphria-inc?postid=28989079#rrWdWHQheuOMyAO0.99
Constellation's big Canopy buy-in sent short-sellers scrambling - (Will Aphria Be Next?)
Short-sellers appear to have covered their positions in Canopy Growth Corp. in droves last month after news that the Canadian pot producer had lined up a multi-billion-dollar investment from U.S.-based alcohol giant Constellation Brands Inc.
Data from global information provider IHS Markit shows that the number of Canopy shares sold short plummeted following word of the transaction, which could eventually see Constellation increase its stake in the cannabis producer to more than 50 per cent.
The deal was announced on Aug. 15, when the short interest in Canopy was approximately 19.3 million shares, the IHS Market numbers show.
That figure began to decline noticeably in the days that followed, reaching as low as 10.4 million shares, the lowest level since February.
As of Aug. 30, short interest in Canopy stood at approximately 11.2 million shares, down about 8.1 million shares from the day the deal was announced.
During the same period, Canopy’s stock price rose nearly 80 per cent in Toronto.
https://business.financialpost.com/cannabis/constellations-big-canopy-buy-in-sent-short-sellers-scrambling
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