Sunniva Inc C.SNN

It Makes me Laugh...

[Stackinstocks]

It makes me laugh when I hear how "risky" Sunniva is and how Canopy/Weed/Aphria etc etc are less risky. 

Risk is a funny word because risk does not always account for potential return. I suppose these plays could be a bit less risky but investors shouldnt be concerned with just how risky an investment is, theyv should be concerned with the risk/return ratio. Could Canopy/ACB/Aphria drop 70%?Likely not, but quite possibly 20%-50%. It is also extremely unlikely in the next year they are going to increase 70% though as well

Could SNN retract 50%? Possibly, I dont see it but it could happen, sure. Could they move up 100% by end of year? Absolutely, could they be up 200% by end of year yup.

Of course anything is possibly on both ends but when you consider the odds of each scenario... 

Which one would you rather be in?

[Torts2018]

Yes you make a lot of sense. If anything looking at the week we have had and today, i deffinitley want a weed stock with the smallest float. Suddenly today every stock i have looks way over valued and is about to get crushed. SNN is a wise gamble for sure.

[pienter]

There are still a few  others.....

[mjinvestor88]

It’s nice of you to try to teach people about risk, but in my experience many people just don’t grasp (or agree) with that logic even if you spell it out. It’s frustrating at times but it’s what has allowed me to make a lot of money off weedstocks so I try to not let it bother me. It’s all about risk/reward as you point out. I haven’t looked into Sunniva yet, but I’ll take a look today. Are they

[Stackinstocks]

Yes by far my biggest MJ holding, I have peeled out the rest of my MJ plays other then the Emblem position I took about a month ago, sitting around even on them.  In on this one at 11.11 average and holding on cash to buy more if we see further drops.  I am playing this market with the undervalued (comparative to peers) players. I see Sunniva as the biggest one and I also like Emblem

[mjinvestor88]

I have the same strategy and Emblem is the only public LP I still hold. I like their vision but I agree that management has not executed well. Given that they seem more interested in the medical market, I’m dissapointed they haven’t announced expansion into Europe.  I also like ICC as a big producer who is undervalued relative to their competitors.

[Stackinstocks]

Hmm haven't looked into ICC at all, will have to read up  a bit on them