Lookig to scoop in on some APHA 10/16 Calls at a slightly better entry point. But this is one of the few Canadian Cannabis companies that has shown consistent profitability. They def had a lot of bad press with Previous CEO Vic, who resigned after short seller reports pointed out some deals where The CEO stood to profit on both ends, earned him the nickname "Crooked Vic." CEO has long been replaced and has a good team in place, Im expecting a good earning Report coming up here and with Aphria trading at a PE of less then 20 For MJ a Growth Stock that's insane! I think your good to go long here, this could be one of those stocks that you buy and hold and in years to come be very thankful you did, or play the Options...idk why...but I have this gut feeling APHA might come out with some big news on this ER. There was a significant jump on the announcement of earnings, for no reason other then that. But keep in mind the Market is forward thinking. I remember buying LVGO a while back, the stock was on a tear, I mean like in 3 days made a killing the stock had jumped between 80 - 100 % in those 3 days. Right before earnings, I had purchased because the Service. They are a Tele-Medicine company specializing in Diabetes patients. And their growth was astronomical and they hadn't even captured 1% of the Diabetics. No more going to doctor for insulin.... I knew his bad boy had room to run. Then the day before Earnings TDOC earnings are out and so is the NEWS. TDOC was buying LVGO, the deal had been done but not yet announced and that was the reason for the run up. Made a hefty profit and kept moving. I AM NOT a financial ADVISOR and this is NOT FINANCIAL ADVISE. Please do your own HW and DD. Will be back for Day 13 trades continuing our RUN to 100k in 30 Days tomorrow in the mean time GLTA
I just took your idea and purchased 1000 shares of Apha at 5.31 and sold at 5.62. Taking the $300 profit and rolled into 10 - 6$ contracts 10/16 calls at .31 per. I have zero risk now and am taking house money to see how far this will go. Looking for 100%