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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 > Be Greedy When Others Are Fearful
View:
Post by scopro on Jul 19, 2018 11:04am

Be Greedy When Others Are Fearful

Yeah so what's the hoopla all about?  So what if the company is becoming two separate domiciled companies in their respective jurisdictions?  It's far better structuring shareholder value this way, each independent of risk that may or may not exist in the other jurisdiction.  Shareholders get the same value, minus relatively small legal fees compared to the big picture of revenues.  The selling today is just a carry-over of irrational fear being planted by a Stockhouse poster and an odd analyst article.  For every analyst with a negative outlook, there's two with a positive outlook.  So...
Comment by redstang on Jul 19, 2018 11:13am
should wait to be greedy.
Comment by rborhi on Jul 19, 2018 12:20pm
Not exactly like it's going down on high volume, only 120k shares traded so far today.  I think it will turn around once the financing picture is clear and production gets going.
Comment by JMark80 on Jul 19, 2018 12:25pm
Doesn't take much to cause a panic on a thinly traded stock.
Comment by Benedictus on Jul 19, 2018 11:22am
This is a very fine opportunity indeed! I'm scaling in my first entry position at these levels, which I consider a gift! The venture and MJ summer selloff along with the uncertainty around this split have created a "perfect storm" and a real value opportunity IMO. The 7.50 technical support breakdown forecast a downdraft although I hadn't expected it to be so bloody so quickly ...more  
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