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In a blistering month for stocks, Aphria Inc. (NYSE: APHA) has had a particularly bumpy ride.
The Leamington, Canada--based cannabis company was the target of some particularly explosive allegations from, as it turns out, a firm with substantial short interest. This is a common enough occurrence in the stock market, as Carl Icahn and Bill Ackman's legendary "long vs. short" battle royale over Herbalife Nutrition Ltd. (NYSE: HLF) illustrates.
The short-seller's allegations focus only on Aphria and one other, small company: Toronto, Ont.--based SOL Global Investments Inc. (CNSX: SOL). They have nothing to do with other cannabis firms we follow at the National Institute for Cannabis Investors
Since the short attack and furious price action last week, I wanted everyone to know what's really happening with Aphria.
It's the truth you won't hear anywhere else - and a beautifully wrapped-up December buying opportunity...
About the Author
Greg Miller started working on Wall Street in September, 1987, just a month before the “Black Monday” stock market crash.
During his career there, he became an expert in just about every kind of publicly traded security - from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.
After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies. He’s always been dedicated to deep, fundamental research - and he always will be - because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.
great artical been tring to get in to at least a few pot stocks so much noise out there hard to pick.