Aphria might have just saved the sector...
Terrific play. I scraped up the bit of cash I had available on my US account for my APHA play unfortunately.I hope someone joined me in Beyond Meat puts. 11 buck dip, pretty much in a straight line since my Friday post.
The right play. I'm just waiting to make a quick sale on some points from churning. I'll have about 6k to throw into my US account when all is said and done. It'll be used as play money basically.i took my profits in fake meat
As for Roku, I suffered a few paper cuts last week. But got back in when it showed relative strength on Tuesday while the overall market plunged.
I think it has room to run to 130. I'm betting it just needs a break before that.
Yeah, gap closed quite a bit today and I presume it may close even more tomorrow. Thing is, we don't know if it'll close by OH popping or by CL dumping. Reminds me of early September when the MMEN-Pharmacann expiry date passed and the deal looked like it was going to close.. The OH discount went from 30+% to 15%. I sold some OH in the high 8's but not enough it. Shortly after, shorts took control of CL and decided to tank the stock - from $12.50 to $7 in less than a month. It has been a nice recovery thus far but nothing too convincing yet. I am a bit worried CL sells off a bit again, but holding OH and at least having the 10% buffer is at least somewhat comforting.I think some people do think they deal will not go thru, otherwise OH would be trading at $7. (.842 x 8.31 (CL share price)
OH closed today at 6.38. Almost a 10% discount.
I think they just followed CRON. But I'm leaning more towards whale shorts covering than material news on this one. Not a bad time for them to bow out right before edibles legalizing.All of the US traded big boys are up after hours by a big chunk. Not a CRON big chunk, but solid regardless.