Aphria Inc (fka APHA)

[CornellEngineer]

I saw earlier that you weren't long Aphria but had lost some on SOL. I swing traded them back in early October when they were called Scythian BioSciences at the same time I did my first profitable Aphria trade. Wasn't a very big position and lost around 10% before I sold them less than 10 days after buying in. After establishing a position I started reading some bad things about them and this DeFrancesco slimeball that made me not wanna own them any more. I knew they had been given millions of Aphria shares but I never thought to put two and two together although that woulda been a helluva stretch at the time.

That was the one time I didn't do much DD so I like having that red entry with a few lost dollars in my spreadsheet... you can learn something from every losing trade and it constantly reminds me never to buy another stock without doing much research on them. I did my fair share of homework on Aphria before my first swing...I'm sure I did more homework than some folks and less than others. The trouble is I don't believe any amount of DD done online woulda uncovered what these hustling enterprising shorts apparently discovered...I'm not about to hop on a plane and fly to South America every time I want to check out a pot stock I may be interested in trading.

Nobody here should blame themselves if they lost money due to this scandal if it turns out to be accurate. But if somebody bought shares AFTER this troubling news broke and ends up losing their shirt, well, they were warned and have nobody else to blame but themselves.

https://www.marketwatch.com/story/aphria-stands-behind-latam-operations-in-response-to-short-sellers-negative-report-2018-12-04

Pretty tepid response if you ask me. Glad I'm on the sidelines.

Aphria's stock resumes trade, falls 10.6% in premarket trade
December 4, 2018 at 8:55 a.m. ET by Tomi Kilgore