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Sunniva Inc C.SNN

Alternate Symbol(s):  SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.


CSE:SNN - Post by User

Comment by vandenpon Jan 31, 2018 7:10am
143 Views
Post# 27468555

RE:I hate to say it

RE:I hate to say it
CapitalKing99 wrote: Did notice a change this week - Monday should have played out but didn't - be careful fellow investors. You can't swim against an outgoing tide

https://youtu.be/p7IlhKojJ8s

I like this company but macro economics might be at work hence the ridiculous pullback (and maybe more to come)


I agree, but you may also want to consider that the whole MJ sector has pulled back quite a bit and many have reached or are now reaching their support levels. There is a pretty good chance the sector will see a decent bounce now. And one should also consider, with the new ETF being launched in two weeks, things could also change very quickly to the upside, especially for Sunniva. I was actually worried that Sunniva's market cap would get too high and put them out of the running for this ETF.
BTW, I know TheChartGuys.com are very aware of this ETF and their intention is to buy the names that will be part of it BEFORE it is launched. 

All that being said, selling now may be the smart thing to do short term, but it could also be costly. It's a crazy game.
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