Yup.. It's small money fake. Hegde funds and major players don't trade pre market. 9:30 AM start market. Smart investors read the facts. Q earning probably the best this session in complete MJ market. APHA way most profitable MJ stock imho. 2020/21 the APHA year in my opinion. Don't wonder if big money load by this positiv Q results today.
Lower guidance may rule the narrative here - the headline Dow report on etrade says this. Feeding the short narrative still.
"The company said it now expects revenue of $575 million Canadian dollars ($440 million) to C$625 million. It had previously guided for revenue of C$650 million to C$700 million.
It also lowered its expectation for adjusted earnings before interest, tax, depreciation and amortization to C$35 million to C$42 million. It had previously guided for C$88 million to C$95 million."
I expected day traders to take profit this AM. I’m ok as I’ll add some of their shares. This report was solid and personally makes me very comfortable adding to my long term position.
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