/biz/ - Business & Finance

Mmmmmmmkay. Well. So Aphria is under short attack. -27% for the day. Usual short attack research article spurred it, usual half truths, falsehoods + some real truths mixed in. I don't like Aphria and have no position in them, however, this short attack caused panic selling all over the sector on completely unrelated tickers today. My advice is to look at the charts and buy/hold anything that held support today. These are likely to bounce back fast tomorrow. Sell anything that convincingly broke support and do not knife catch here. Do not buy Aphria unless you know how to day trade fairly well.

I'm most pissed off about TerrAscend. It broke out hard this morning, tripped single stock circuit breaker due to the speed of the ascent, promptly pissed away all of those gains to close a piddly +2%. Bulls should make another try tomorrow. Inverted hammer my ass. Fucking shit show. I hate the dude weed so much sometimes.