Been investing in Canadian weed stocks for years, including tons of Aphria, and the evidence in this case is overwhelming (yeah, I watched the whole video and read the various articles). Sure, they shorted this stock...but note that they stated that this is only the fifth company they've "attacked" in the last three years...and stock price has dropped by up to 90% in those cases.
Take your rose-colored glasses off. Sell your stock. I've been there and gotten hammered in the past and any recovery will be a long time coming. Sure, recovery will happen...Aphria has too much going for it to just throw in the towel. But the price could be $2 or less before it turns around weeks or months from now and it will take time to resolve the issues and regain confidence of investors.
I wish this was NOT the case. This hurts everybody, and I'm deeply invested in Liht stock right now, which has SO much promise but recently got rid of a couple board members because of similar bullshit (it appears everything has been rectified...and the sky is the limit with all their assets).
I bought Aphria just last week and sold it the same week for a small gain. I actually really LIKED Aphria prior to this week. I liked their story and their business model and their promise. But no matter how fake you THINK the short sellers are, this is a new, dark, disgusting twist that will take time to be cleansed.
