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Estimated earnings report date for Aphria is 4-20
Too funny - weed stock reporting on 4-20
Two years ago the share price reached $19.87.
Still think it's idle pumping? All we need is revenue growth.
Earnings should be released in a few weeks. I wonder if some news leaked out and caused the spike this week?
"Do you want a hug?"
GoSing, I do like the car in your profile picture but no thanks. Some good news is what Aphria longs need right now. Been a dumpster fire for a while.
Where did everyone go? Been kind of lonely here lately. Almost no one posting.
We may be in for a huge treat in the next few weeks.
Run Aphria, RUN!
Irwin, make it rain...
ToolTimeTim - my bet er, investment, is based on my belief that there are tens of millions (maybe more) that will never smoke anything but will gobble up edibles and drinkables. They won't go black market but will happily lay down cash for edibles, pills, tinctures, drinks, etc at a legal store.
The sooner Irwin can get edibles out to the market, the sooner that profits can start rolling in.
"canopy closed 23 retail stores indefinitely for virus protection"
Hmm, people need their weed. Might get ugly for a few weeks.
APHA is sitting with about 12% short interest right now. Just imagine the short squeeze if Irwin announced a huge buyback???
Weeeeeeeeeeee
Sorry but I bought some yesterday. Based on my track record, the share price will steadily decline from here.
Now would be an exceptional opportunity for Irwin to use his hoard of cash to buy back stock. Aphria is now worth far more in assets than the market cap.
If he cares at all about us shareholders then he will do the smart thing and invest in his own company. Buy back $100 million worth of shares.
Yeah, I should have got out 8 months ago.
Everything rests on the next earnings report.
"That said, I bought January, 2022 $2.5 and 3.5 calls this morning near the lows."
I think there are more lows on the way. Against my better judgement, I picked up some calls too. 2021
Good luck to all us beaten down longs.
Hey Local
Price to book is now .59. If I read that correctly, the company assets are worth significantly more that the market cap based on the share price today.
A little good news and Aphria will shoot up like a rocket.
"who is wheat and who is chaff"
Great question Mr. Azz.
Will anyone make money during the consolidation and how long will it take for the "wheat" to start rising?
It's a great puzzle eh?
The next earnings report will make or break my little safari into weed stocks.
Will we see revenue from edibles?
Revenue boost that reflects Double Diamond capacity utilization?
Increased revenue from sales in Europe or other areas?
Last earnings report the guidance was lowered, what will Irwin say about the rest of the year and maybe a peek at next year?
Lots of questions that I'll just have to wait and see...
Amen Hunter
Let the short squeeze begin.
Even better buying opportunity today eh?
Guage1, that is one ugly chart.
Thanks FreshBread!
Any edibles on the shelves yet?
I have a favor to ask of our northern neighbors - please visit some dispensaries and share how many Aphria brands are available and ask the employees for customer feedback on products.
I would do it myself but I live in Florida.
Irwin made his fortune processing agricultural products (Low profit) into packaged foods (high profit).
I hope that strategy will work for weed and be what makes Aphria successufl when other companies are struggling to sell flower. A bowl of gummies at a party will be a big hit. IMHO
Sure got quiet around here lately. Is everyone out smoking weed?
Very true Kondziu!
Short interest sits at 13.84%. A short squeeze based on revenue and earnings growth would be spectacular.
I'm asking myself if it's time to add. Risky markets right now.
Looks like a long, hot, dry summer coming our way. Growth will be difficult without some irrigation in the form of substantial revenue.
Tilray down 13% after reporting disappointing revenue.
Looks like more pain ahead for weed companies.
"APHA bounce time this week?"
Nope, I bought more on Friday. Destined to go down some more.
"That was a clever buy, Spartan."
John1311 - only if the price starts going up. I have not made clever buys in APHA yet.
Good luck to all!
I picked up some more shares at $3.40
Seems really cheap to me.
"isnt just a recent drop bud."
That is certainly true. IMHO, Aphria is in far better shape than even 6 months ago as a company. The share price has not fared well obviously.
Lots of cash, revenue improvements, actual earnings, great CEO. I think the future is bright. It may take a while to get there.
Thanks for the correction, a total bloodbath. I'm going to pick up some more today. Hope it turns around soon.