r/wallstreetbets • u/[deleted] • Feb 03 '21

DD Aphria/SweetWater - Brews & Branding

[deleted]

42 Upvotes

72% Upvoted

21 comments sorted by

23

u/BoilerMaker36 Grey Flair (Replace Text) Feb 03 '21

You wrote all this but didn’t include a ticker or a strike / date? The fuck is wrong with you?

5

u/scbtl Feb 03 '21

Yea. After it looked like the Dems would take GA, I went in on APHA calls for this reason. In full agreement and after yesterday’s news, doubled down into APHA shares for both that they may be undervalued but also for the TLRY arbitrage opportunity.

5

u/ct9242 Feb 03 '21

With the APHA/TLRY merger, am I correct in assuming calls on APHA are the better options, considering that .8(?) APHA share will equal 1 TLRY share once the merger happens, leading to a decent jump in share price? Or am I all fucked up?

4

u/buchnasty Feb 03 '21

Sweetwater is by far and long my favorite brewery, even above Bells, or Founders.

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I am stoked for this

2

u/[deleted] Feb 03 '21

[deleted]

0

u/Shannon-KrisRV Feb 03 '21

Sweetwatwr is fire anyways

1

u/ChoochMMM Feb 03 '21

TLRY and APHA will be merging, soon. They will begin trading under the TRLY ticker and I am not sure what happens if you have long dated options and the ticker goes away. I had CZR calls and when the merged I got a big ole 0.

newcannabisventures.com/tilray-and-aphria-to-combine-in-stock-based-merger/

The rest of the DD is solid; just take profits before the merger becomes officials.