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Cannabis (Marijuana) Stocks

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Deal Fanatic
Jan 22, 2006
5087 posts
2634 upvotes
Northside
Namaste halted this morning! That's 4 straight with a NR
Deal Expert
May 30, 2005
44944 posts
5520 upvotes
Richmond Hill
Lol, I had mentally written off all my APHA that I accumulated back in 2017 all the way down to the lows of 2019, averaging at $11, I stopped looking at it when it was stuck forever in the $6-8 range. I can't believe I'm now up >50% on it. Not sure what to do anymore.
Artisan woodworker crafting live edge tables, end grain cutting boards, and other home decor
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Deal Fanatic
Jan 22, 2006
5087 posts
2634 upvotes
Northside
jerryhung wrote: I see it's doing a share offering at 0.35, not really good news IMO? LOL
But it wouldn't halt for that reason, would it? I think it could be HC license approval for Labz.
Deal Addict
Dec 23, 2006
1365 posts
168 upvotes
took profit from APH finally - i assume they would need to start consolidating sometime soon and ill be in again to ride the wave
I did leave a little on them tho incase they keep shooting up
Deal Fanatic
Aug 15, 2003
8608 posts
295 upvotes
Toronto
joepipe wrote: wow. that would put aphria / tlry merger stock price at $23 CAD !!

I sold half my aphria to buy CURA a month ago, so far its working both ways .....

but I sold my damn $5 apha calls too early last month too..... that cost me big

I really didnt see this massive run coming.....
Sounds good, I'm still holding APHA from $16 days and averaged down to $12 over the last 4 months. Does anyone have an idea how a CAD > USD merger works? They said APHA shareholders will get equivalent of 0.84 TILR shares. Does the APHA & APHA.TO stock just disappear from the exchanges? Do the current share values merge into one? I have no idea how this plays out mathematically.
Deal Addict
Jul 3, 2007
3103 posts
3319 upvotes
Toronto
MtX wrote: Sounds good, I'm still holding APHA from $16 days and averaged down to $12 over the last 4 months. Does anyone have an idea how a CAD > USD merger works? They said APHA shareholders will get equivalent of 0.84 TILR shares. Does the APHA & APHA.TO stock just disappear from the exchanges? Do the current share values merge into one? I have no idea how this plays out mathematically.
yes .8381 shares of tlry
Newbie
Aug 2, 2020
5 posts
2 upvotes
MtX wrote: Doesn't answer my question. What happens to APHA stocks? They just go *poof* and disappear????
yes
Deal Addict
Jul 3, 2007
3103 posts
3319 upvotes
Toronto
MtX wrote: Doesn't answer my question. What happens to APHA stocks? They just go *poof* and disappear????
yes, poof, now TLRY
Deal Fanatic
Jan 22, 2006
5087 posts
2634 upvotes
Northside
jerryhung wrote: I see it's doing a share offering at 0.35, not really good news IMO? LOL
and there it goes down again lol
Jr. Member
Jan 8, 2018
126 posts
67 upvotes
pentexplorer wrote: true don't see other than APHA/TLRY n CGC making it down. CRON has Altria but I have no idea what they have been doing.. it's basically like a shell research company now. The rest is just toast or will consolidate imo. I myself am invested in APHA but might scale out for more Cresco or GTII/CURA/TRUL
APHA is well run, tho merging with TLRY is questionable. I'm not sure what CRON is doing either, very quiet, but they do own Ginkgo Bioworks and they have some promising technology, I can see alot of medicinal applications from their tech.

Can't go wrong with the MSOS
Jr. Member
Apr 16, 2020
120 posts
175 upvotes
MtX wrote: Doesn't answer my question. What happens to APHA stocks? They just go *poof* and disappear????
Common sense would answer your question. If 1 APHA share becomes .8381 TLRY shares, what do you think happens to APHA's stock?
Jr. Member
Dec 11, 2017
126 posts
62 upvotes
Looks like the bull action has slowed down, so I took $900 in profits on a HEXO purchase I made yesterday. The 'long haul buy and hold no matter what' strategy failed for me many times before. So trying quick in and outs now. In when bull volume is clear, lasting a few straight days and out when the crazy green days flatten and stop.
Jr. Member
Apr 16, 2020
120 posts
175 upvotes
glasses00 wrote: Looks like the bull action has slowed down, so I took $900 in profits on a HEXO purchase I made yesterday. The 'long haul buy and hold no matter what' strategy failed for me many times before. So trying quick in and outs now. In when bull volume is clear, lasting a few straight days and out when the crazy green days flatten and stop.
Buy high, sell low. Got it.
Deal Addict
Mar 14, 2007
2815 posts
246 upvotes
Toronto
o1Jeff wrote: took profit from APH finally - i assume they would need to start consolidating sometime soon and ill be in again to ride the wave
I did leave a little on them tho incase they keep shooting up
same here after holding for almost two years and it feels amazing, i left half my positions before the merger which is supposed to happen sometime in the second quarter.
Deal Fanatic
User avatar
Jun 19, 2001
8592 posts
2278 upvotes
Very good tweets From market wizard Mark Minervini today

@markminervini
·
1h
I've been trading for 37 years and have enjoyed more success than most dream of and I still use stop losses because I'm not smart enough to know which 10% decline will turn into a 50% decline and which 50% will turn into a 90%. And who is the one that lacks humility?

Out of all the mistakes investors make... by far... the number one mistake that causes the biggest problems is not cutting losses. Those who don't take small losses eventually take large losses. It's just a matter of time before you blow up. My guarantee."

"You will NEVER make big returns CONSISTENTLY holding even the best names. The biggest winners eventually have corrections of 50-90%. The only way to avoid big drawdowns is to keep losses small and sell into strength before a stock has a chance to break. My guarantee."

and a number more here https://twitter.com/markminervini

Most people here will not learn however
Deal Addict
Jan 31, 2016
1749 posts
1786 upvotes
Toronto, ON
zoro69 wrote: Very good tweets From market wizard Mark Minervini today

@markminervini
·
1h
I've been trading for 37 years and have enjoyed more success than most dream of and I still use stop losses because I'm not smart enough to know which 10% decline will turn into a 50% decline and which 50% will turn into a 90%. And who is the one that lacks humility?

Out of all the mistakes investors make... by far... the number one mistake that causes the biggest problems is not cutting losses. Those who don't take small losses eventually take large losses. It's just a matter of time before you blow up. My guarantee."

"You will NEVER make big returns CONSISTENTLY holding even the best names. The biggest winners eventually have corrections of 50-90%. The only way to avoid big drawdowns is to keep losses small and sell into strength before a stock has a chance to break. My guarantee."

and a number more here https://twitter.com/markminervini

Most people here will not learn however
There is a feeling in the air that we are an over extended market right now but still no one wants to miss out on the big gains that continue with this massive uptrend.

Who knows how long this bull market will continue?
It can be another two years. Who wants to miss out on profit although there are warning signs everywhere?

If only we can predict the exact timing of the fall of the titans and the rise of the phoenixes. We'd all be so rich.
Deal Addict
User avatar
Nov 2, 2008
1350 posts
279 upvotes
glasses00 wrote: Looks like the bull action has slowed down, so I took $900 in profits on a HEXO purchase I made yesterday. The 'long haul buy and hold no matter what' strategy failed for me many times before. So trying quick in and outs now. In when bull volume is clear, lasting a few straight days and out when the crazy green days flatten and stop.
*raises hand* ... been on HEXO since 2017, still have 10$/share to go to break even. That last RS dicked me. Prior, my avg. was 4$ for a couple thousand shares...
Newbie
Aug 15, 2012
50 posts
4 upvotes
Mississauga
Hello folks ,

Have a question hope somebody could provide proper information as im not 100 percent sure , I have aph stock currently and they are merging with tilray in q2( supposedly)
Would it be smart to sell my current aph stock and rebuy after merger is complete or to just leave it all as is .... any input is great. Thank you.

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