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Tuesday, December 08, 2020 10:08:10 AM
Some might consider Aleafia's PPS decline ripe for it, but in January when some shares were being bought back, was little more than 50¢. The YTD 52 week high was 61¢.
Longer term holders might jump at the chance to get out if they need the tax write offs. Even a few buyers from this year might write off their losses.
But after the last Q with little PPS loss, I'm thinking that all of the good guidance, which also includes SKU increases, more store openings in Canada, and Ontario specifically, and improving attitudes towards cannabis, Aleafia's PPS might actually be considered in a sweet spot right now.
Either way, I am prepared to keep squirreling away a few more shares slowly and steadily.
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