APHA Hammered By short-seller Gabriel Grego, the founder of long-short hedge fund Quintessential Capital Slams

Noted short-seller Gabriel Grego, the founder of long-short hedge fund Quintessential Capital, revealed a scathing short of cannabis company Aphria (APHA).

“This presentation is not about cannabis,” Grego said, before adding, “We believe there’s something sinister happening in this company.”

At the Kase Learning Shorting Conference, Grego delivered a 129-slide presentation entitled “The Black Hole.” His thesis is that Aphria is a “scheme to funnel money from retail investors into the pocket of shareholders.”

Shares of Aphria dropped a much as 20% in the pre-market.

At the conference in May, Grego made a name for himself with his short of Folli Follie on the Athens Exchange. After exposing the company as a fraud, regulators halted the stock in less than two weeks and it hasn’t traded since.

This story is developing… 

https://finance.yahoo.com/news/short-seller-gabriel-grego-slams-cannabis-stock-aphria-shares-tanks-141046109.html

No Insider Sales This Is A SHORT ATTACK ON APHA

Amended Filing

As of 11:59pm ET December 2nd, 2018

Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	Volume or Value	Price
Nov 21/18	Nov 2/18	Bibas, Shlomo	Direct Ownership	Common Shares	00 - Opening Balance-Initial SEDI Report	1,000
Nov 21/18	Nov 2/18	Looney, Thomas Patrick	Direct Ownership	Common Shares	00 - Opening Balance-Initial SEDI Report	750
Sep 12/18	Sep 10/18	Neufeld, Victor	Direct Ownership	Common Shares	51 - Exercise of options	1,000,000	$0.600
Sep 12/18	Sep 10/18	Neufeld, Victor	Direct Ownership	Options	51 - Exercise of options	-1,000,000	$0.600
Sep 4/18	Aug 31/18	Dym, Shawn	Direct Ownership	Deferred Share Unit	10 - Acquisition in the public market	471
Sep 4/18	Aug 31/18	Persofsky, Renah	Direct Ownership	Deferred Share Unit	10 - Acquisition in the public market	471

House Positions for C:WEED from 20181203 to 20181203

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
18 Echelon	108,000	4,753,989	44.018	0			108,000	-4,753,989
9 BMO Nesbitt	221,530	9,797,227	44.225	138,568	6,164,973	44.491	82,962	-3,632,254
85 Scotia	280,833	12,395,324	44.138	216,832	9,640,571	44.461	64,001	-2,754,753
79 CIBC	1,882,939	83,343,631	44.263	1,830,515	81,192,724	44.355	52,424	-2,150,907
7 TD Sec	661,113	29,325,463	44.358	620,267	27,482,829	44.308	40,846	-1,842,634
11 Macquarie	49,900	2,219,143	44.472	30,000	1,351,163	45.039	19,900	-867,980
80 National Bank	93,302	4,132,504	44.292	74,701	3,306,168	44.259	18,601	-826,336
5 Penson	132,315	5,844,148	44.168	118,780	5,241,001	44.124	13,535	-603,147
124 Questrade	116,699	5,167,646	44.282	104,882	4,658,595	44.417	11,817	-509,051
14 ITG	24,922	1,136,090	45.586	14,025	618,106	44.072	10,897	-517,984
90 Barclays	10,400	457,490	43.989	0			10,400	-457,490
1 Anonymous	1,755,243	77,694,402	44.264	1,744,844	77,146,920	44.214	10,399	-547,482
15 UBS	5,667	251,382	44.359	1,020	44,786	43.908	4,647	-206,596
143 Pershing	13,493	597,771	44.302	11,338	506,685	44.689	2,155	-91,086
35 Friedberg	2,221	96,417	43.412	500	22,770	45.54	1,721	-73,647
83 Mackie	2,000	88,911	44.456	300	13,164	43.88	1,700	-75,747
68 Leede	7,300	321,815	44.084	5,700	253,800	44.526	1,600	-68,015
94 Hampton	1,032	45,127	43.728	0			1,032	-45,127
70 Manulife	900	39,617	44.019	0			900	-39,617
19 Desjardins	22,521	1,000,147	44.41	21,708	960,044	44.225	813	-40,103
76 Industrial Alliance	600	26,361	43.935	300	13,161	43.87	300	-13,200
88 Credential	26,680	1,189,038	44.567	26,622	1,191,788	44.767	58	2,750
36 Latimer	210	9,116	43.41	165	7,328	44.412	45	-1,788
3 AltaCorp	23,985	1,066,171	44.452	23,969	1,065,003	44.433	16	-1,168
25 Odlum	300	13,167	43.89	400	17,844	44.61	-100	4,677
101 SG Capital	2,497	111,353	44.595	3,000	135,071	45.024	-503	23,718
22 Fidelity	0			600	26,438	44.063	-600	26,438
56 Edward Jones	0			737	32,321	43.855	-737	32,321
72 Credit Suisse	1,826	81,779	44.786	2,611	114,892	44.003	-785	33,113
59 PI	5,400	238,191	44.109	6,500	295,905	45.524	-1,100	57,714
89 Raymond James	0			1,250	54,165	43.332	-1,250	54,165
57 Interactive	4,201	186,945	44.50	5,824	259,550	44.566	-1,623	72,605
99 Jitney	39,600	1,751,398	44.227	42,025	1,864,029	44.355	-2,425	112,631
28 BBS	4,560	201,515	44.192	11,000	495,469	45.043	-6,440	293,954
62 Haywood	18,000	792,278	44.015	25,400	1,134,605	44.669	-7,400	342,327
39 Merrill Lynch	325,612	14,374,228	44.145	340,629	15,000,117	44.037	-15,017	625,889
13 Instinet	152,935	6,771,733	44.279	184,943	8,143,633	44.033	-32,008	1,371,900
74 GMP	0			32,485	1,413,340	43.507	-32,485	1,413,340
53 Morgan Stanley	96,765	4,273,001	44.159	145,144	6,309,408	43.47	-48,379	2,036,407
33 Canaccord	43,872	1,940,639	44.234	111,020	4,923,336	44.346	-67,148	2,982,697
2 RBC	309,402	13,682,631	44.223	411,146	18,190,702	44.244	-101,744	4,508,071
65 Goldman	30,121	1,347,219	44.727	169,146	7,472,603	44.178	-139,025	6,125,384
TOTAL	6,478,896	286,765,007	44.261	6,478,896	286,765,007	44.261	0	0