CIBC Sees Choppier Waters Ahead for Aphria (APHA) Stock
Although the analyst still insists Aphria stock deserves to be valued at "a premium vs. [other] Canadian producers" of cannabis, that premium came down in a hurry yesterday, with Zamparo cutting his price target from C$12 per share to just C$6.50 per share.
Interesting article about the price of Aphria stock price. That's a big price target drop, to say the least. The stock has been crushed lately, falling again today on this news. At some point it's worth picking up a bunch of shares to put away for the long term. If it keeps falling like this, I'll be selling the out of the money cash covered puts for income.....
Read the full story here....
https://finance.yahoo.com/news/cibc-sees-choppier-waters-ahead-132916220.html

You can sell the $5.50 puts expiring August 2nd for around $.20.....
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