Enter Citron Research, who surprisingly appeared to support Aphria’s overall value proposition. The bearish-centric market participant tweeted-out their support this afternoon, characterizing APHA as “compelling on all metrics”, while simultaneously suggesting the “stock should see US$10.” Perhaps most pertinent to investors was the promise of “More details to come”, which implies additional backing is coming. It was an unexpected twist in the ongoing saga between Aphria and Hinderburg Research, whose communique hit the common like a sledgehammer this week.
https://twitter.com/CitronResearch