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Bullboard - Stock Discussion Forum 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 Discussion

Sunniva Inc > Bear case for SNN
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Post by ThePDawg on Jun 13, 2018 8:56pm

Bear case for SNN

Could someone please provide a bear case for SNN... I am seriously debating upping my stake significantly at these levels. I can't wrap my brain around this valuation. What am I missing? Even if you are long SNN strong, what are you worried about? Also, when do you think news of the financing from Tier 1 Bank will come out? Aren't they breaking ground within a couple weeks?
Comment by want2retiresoon on Jun 14, 2018 12:24am
Comment by want2retiresoon on Jun 14, 2018 12:26am
very little risk. 31 million shares only.....and scalable like no one else in California........it's a long term guaranteed billion dollar market cap at a minimum or 28 bucks share in my opinion.
Comment by GOTMONEY on Jun 14, 2018 1:26am
This is a good question. All Sunniva has done is about de-risking, so it's a tough one. The bear case for SNN... you know, I think a huge risk factor will be removed once the financing is announced. It would be so significant, in several different ways. Let's see what things look like a week from now. If you're looking really go all in, you could wait until just after the financing ...more  
Comment by WhiteW0lf on Jun 14, 2018 4:05am
Yeah it's very hard to understand why the SP bleeding doesnt seem to stop, got in at 6,20 USD average so I cant complain I guess haha, yet despite all the positives we should take into account that the large LPs Sunniva intends to supply will be producing literally more than a million Kgs on a yearly basis by 2020. Will they still be interested in buying their wholesale product then? Maybe if ...more  
Comment by Bluechip2 on Jun 14, 2018 6:50am
well when you read where supposed cannabis investment gurus are stripping down SNN stock because NHS is not profitable yet, or B to B strategy has limited margins, for me it becomes a little more understandable. If these guys cannot comprehend the business strategy or are that myopic to see the blatant potential, then the average retail investor will tend to not jump in. These guys are also ...more  
Comment by GOTMONEY on Jun 14, 2018 7:12am
This is true Bluechip, but we do have Alan Brochstein's full attention at this point, and my sense is that he's gradually starting to come around. You can tell by his most recent comments on Seeking Alpha. My bet is that he'll eventually join Ted Ohashi in recommending Sunniva to his followers. Am I overly optimistic and/or naive? Maybe, but some personal exchanges I've had with ...more  
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