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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 > At this Price add to Position for MMEN or SNN?
View:
Post by ACBCRZMARIMYM on Oct 12, 2018 12:56am

At this Price add to Position for MMEN or SNN?

Under $6 still cheap...should I add another 1000 shares to SNN...or MMEN?

I think MMEN would make more sense at this moment. They will be in twelve states soon with their latest aquisition PharmaCann.

SNN will release numbers end of Nov....MMEN reporting Oct 25.

Patience for SNN required.
Comment by GOTMONEY on Oct 12, 2018 8:21am
MMEN will grow, but they will continue to dilute as their market cap increases. So their share price won't necessarily follow suit. In Sunniva's case, by contrast, growth in share price will largely parallel growth in market cap. For reference, you can consider the growth of Aurora vs Canopy's growth - the difference between mostly buying it and mostly building it. And if you' ...more  
Comment by ACBCRZMARIMYM on Oct 16, 2018 2:15pm
So I did go with SNN and added another 1000 shares at 5.18 last Friday before legalization. I did not expect it to go lwer to 5.14 sofar just hours before legalization. Seems their California operations is priority, probably the largest greenhouse in all Calfornia. Looking forward to spin-out, Nasdaq listing. Patience required.
Comment by URLaughable3 on Oct 16, 2018 3:43pm
I truly believe your 12 month return on investment with snn will be better than most other MJ plays. The big dogs are carrying some ridiculous caps already, and I find it hard to believe any of them double in the next 12-18 months. Where as SNN could easily touch the teens by Q2 2019 with everything in Cali going into full swing at about that time.
Comment by Joeknowsjack on Oct 17, 2018 12:30pm
so undervalued compared to peers that a 100% jump to the upside any day could happen....???...52 wk hi is still long ways from current price
Comment by Bluechip2 on Oct 12, 2018 8:22am
@4CDNMJSTOCKS-Look at the charts and the BD affect on each company. MMEN just closed and announced the acquisition and SP popped. SNN is closing BD today likely and an announcement is imminent and SP has not popped.... you can figure out the rest.
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