Aphria
Had a discussion with Daredevil and Atheena who raised the issue that could explain the last 2 day 18 ,% drop. The LATAM deal with Scynthian had APH give them 15 million or so shares free trading as of 2 weeks ago and they needed to raise cash for another deal Considering they were rated at $ 11.50 as value in kind then the selling for cash profit motivation is irresistible. They hit all the bids the last 2 days like "whack a mole" with no chance for the asks to rise. Should get a rebound rise up next day or 2 and the company is sound
Take a look a the chart.
This stock was trading at $20, exactly 30 days ago. Which means there are many investors who made entry at these levels $18-$20. There are also many investors who bought on the hype of the leaked negotiations with Altria. No deal has been announced, and there is disappointment around that. Therefore negative sentiment surrounding. What you have is an ideal short seller position developing.
Negative sentiment, coupled with the fact that there are many investors with an high entry point. As we all know stock prices are governed by human emotion. People who bought at the $20 level now have huge paper losses on their investments, and fear is futher losses. This is the ideal time to take a short position on a stock. That is what is happening. People are selling on fear and the shorts are capitalizing.
What is going to happen is this stock will reach a level possibly $12 or even less, and then the Bulls will start to buy the stock again and regain control. The SP will go up, and then stabilize. Hopefully it will start another up trend.
The shorts want you to believe that there is something wrong with the company, that smart money is fleeing. This is total bullshit and only serves to heighten fear and fuel the capitulation and further selling.
One of 2 things will happen. Either we get the big news (catalyst) everyone here is waiting for and the stock will jump soon or we will hit $12.35 and start to rebound from there.
If your investor here at $18-$20. Turn off the computer and turn it back on in a month, Everything is fine.
This stock was trading at $20, exactly 30 days ago. Which means there are many investors who made entry at these levels $18-$20. There are also many investors who bought on the hype of the leaked negotiations with Altria. No deal has been announced, and there is disappointment around that. Therefore negative sentiment surrounding. What you have is an ideal short seller position developing.
Negative sentiment, coupled with the fact that there are many investors with an high entry point. As we all know stock prices are governed by human emotion. People who bought at the $20 level now have huge paper losses on their investments, and fear is futher losses. This is the ideal time to take a short position on a stock. That is what is happening. People are selling on fear and the shorts are capitalizing.
What is going to happen is this stock will reach a level possibly $12 or even less, and then the Bulls will start to buy the stock again and regain control. The SP will go up, and then stabilize. Hopefully it will start another up trend.
The shorts want you to believe that there is something wrong with the company, that smart money is fleeing. This is total bullshit and only serves to heighten fear and fuel the capitulation and further selling.
One of 2 things will happen. Either we get the big news (catalyst) everyone here is waiting for and the stock will jump soon or we will hit $12.35 and start to rebound from there.
If your investor here at $18-$20. Turn off the computer and turn it back on in a month, Everything is fine.
PUT EMOTION ASIDE!! BUY WHEN PEOPLE FEAR!!!
Nothing has changed with canabis. It’s happening. A GLOBAL acceptance is happening. We just started the first inning. Canabis will disrupt many many sectors. Be greedy when people fear. Be fearful when people are greedy.
Long APHRIA (we are fine)
Long APHRIA (we are fine)
Read more at http://www.stockhouse.com/companies/bullboard?symbol=t.apha&postid=28970308#tVx7pzQBO8J2CZ8Y.99
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