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Ventura Cannabis and Wellness Corp CVHIF

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction.


GREY:CVHIF - Post by User

Post by BigBalzacon Jan 26, 2017 2:40am
249 Views
Post# 25756730

GO LONG, BELONG.

GO LONG, BELONG. It's a shame there is are so many shares on the ask at the moment. I've seen this many times before, particularly when a stock has been hammered down like Convalo. The longs have averaged down, bought right down to the lows, and are now reclaiming some of their loses by selling a portion of their overweight position on the way up. This impedes the uptrend. The new entrants to the party, like myself, are equally enthusiastic about the opportunity and potential ahead. Many however are impatient or have short-term investment horizons and are only willing to stick with the stock for a quarter or two, seeking a10%-20%+ return on their investment, then move on to chase their next 'idea'. Others seek instant gratification and/or are looking for a 3-10 bagger! Others got in just before the bottom, and are sitting now about break-even, or idle cash. Some will be happy just to break even or make a small percentage and move on. Others still will go long. CXV is not a tight float. Lots of shares, no majority shareholders, and lots of liquidity. Not my favorite playground, but I also like lower beta stocks. It's easy for me to sit here and tell or encourage people to hold and go long. It's what I'm prepared to do and intend to do. Of course, there's no reason to believe a cheerleader with little to no message history... I get that. I would be a skeptic myself reading this from another poster, yet on most valuation metrics cxv is waaaay undervalued. The value is there and will soon be realized... but on the way up, investor behavior, beliefs, and mentality will ultimately mean the difference between a slow climb, a rapid rise, or a parabolic liftoff. News is often just that - news - affecting the share price for hours or days after release, but is not always the be-all /end-all in the general 'trend'. Slow climbs tend to attract and retain the 'longs' generating a broader investment base and interest. Rapid rises quickly attract those already following in the sector, whereas parabolic rises bring the like of speculators and volatility. I've been scratching my head to determine which is in the cards for cxv. No need to provide your own theories - I've read them all. Of course, quarterly results and revenue growth will play a huge influence, but investor sentiment is fragile. I believe the faith and resolve of most investors in this sector has been shaken. There will always be standouts & exceptions in every sector, and I believe cxv will be a shining example of success, but for now it's just going along with the trend. It's obviously been a painful slide for some of the longs here, but no different than those who have otherwise invested in Healthcare /Pharma lately. Logic tells us to take a little cream off the top... solidify your capital gains. .. put some in the bank... play with your winnings or earnings. I'm puzzled by those who want out in the 0.12 range, or are looking to cash-out anywhere in the current level II ask. I suppose if your average is sub 0.10, but wow - what a cushion - and limited downside that would be going forward based on what we know here. Let me stress 'what we know here' is important and is subject to change with on-going due diligence going forward. Nobody should be a 'long' cheerleader forever - even if Buffet is managing your money. Very few investors, 'longs' included, have the resolve to just invest, sit and hold indefinitely. Quite frankly that approach is foolish. But for now, LONG is the way to go, and the mentality to have if you want to make this your next 3-10 bagger. My time horizon is presently a minimum of 6 quarters out, and value will be continously unlocked over that period as we mature and grow the business model... For now, my max hold is likely 3 years out, unless we see some shocking and unexpected (truly negative) news. Otherwise I'll use any major volatility to buy the dips and may yet increase my position. FYI, my position in cxv is now established and for full disclosure I've accumulated 440k shares, about 5% of my portfolio. As previously stated, I'll double or triple down if we ever see single digits. So yes - GO LONG, and for now go to sleep and rest easy if you have established your position. Spring is coming for me, and this farm won't run itself. My time is limited, my future opinions and contributions likely more brief. Thanks to those who've shared their contributions and knowledge. I might chime in to ridicule Lolwcw, choices9999, and others that need calling out and don't belong, but I also hope to find time to positively contribute going forward. Good luck to all longs! Zack
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