Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Indiva Ltd V.NDVA.H

Alternate Symbol(s):  NDVAF

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its product category includes edibles, capsules and tablets, and vape. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. The Company sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.


TSXV:NDVA.H - Post by User

Bullboard Posts
Post by Blurr4on Sep 04, 2014 10:41am
248 Views
Post# 22905263

Dumper Boy

Dumper BoyThanks Fracky for the update, it's greatly appreciated.

I also spoke to Rick earlier on in the summer and was impressed with his energy and drive for success. I was also led to believe that he personally has a sizeable portion of the company's share structure.

The 'wall' for lack of a better term at $.13 has a little bit of a nasty flavour to it in my mind. Anyone who doesn't want to tank a thinly traded stock's share price (and potentially end up selling their shares at an even lower price) would spread his/her orders around so that it doesn't scare other investors into dumping shares. Not true here however as the sell orders are piled high at one price point. 

Anonymous has been steadily selling shares in the $.13-$.15 range for months as it appears to be the lowest that they're willing to unload their position at. Perhaps a disappointed investor or a peed off investor - I'm not sure. I do get the feeling the seller is enjoying watching his/her sell orders continually kick the wind out of any potential share appreciation. IMO

I've been waiting for Anonymous to run out of shares but the seller continues to find more to unload. If it is someone who participated in the last PP then they appear to be comfortable to unload their free trading $.15 shares at a small loss. 

I'm afraid we don't move higher in the short term until 'Dumper Boy' finally runs out of shares to unload. Until then we trade flat :(



Bullboard Posts