Sunniva Inc SNNVF

RE:How to buy shares in Sunniva

[Stackinstocks]

sunrize wrote: With the low float and add to the fact that very few who want to sell at this price point, you would end up waiting all day and most likely days on end if you put a limit order below the ask price.

So, unless you have all the time in the world staring at the computer and waiting and waiting to get your order filled, there is no way in hell you can buy shares in this company like you would of other company's shares.
You just have to face that fact and accept it.
Paying 5-10% or even 15% more for a quality company is nothing if you keep the end goal in view - which is easily, as I see it, $100+ within the next 9 months.

What that means is:
1. You would get your fill at a higher price than what you desire
2. Any positive news will get the share price jump up in dollars, not cents
3. I see next catalyst as an agreement(s) with distributors in Calif and/or LPs in Canada (Calif first)
4. Any bad news, then sp will move down in dollars (but this is highly unlikely but I want to throw that in as a balanced view). The bad news could be (very unlikely) delays in Calif facility construction, MJ crop getting bad due to disease, Calif Growers Assoc drawing out legal battles against 1+ acre farms, etc. All highly unlikely, but then again, these risks remain for everyone in Calif, not just Sunniva. Just as risks remain in Canada with delay in rec legalization, crop going bad, etc.as an example.

PS: There is a reason a Merc/BMW/Audi costs more than Nissan/Hyundai. You pay for quality.
Like a friend of mine says "buy quality for a higher price and cry once; or buy cheap stuff for a lower price and cry forever".
So don't fret over paying more for Sunniva. Try to see the forest from the tress...or should I say...try to see the green from the weed.

I agree with the fact that when we get news we will see this jump hard and fast. I 100% believe in these guys long term BUT this is going to be a volatile ride and I wouldn't take $8 off the table and certainly wouldnt take $24 off the table. Each investor needs to make their own strategy and follow through with it. I myself took a position I was happy with early on and have making a few extra buys as I see value but am still leaving powder ready to strike if we see it drift lower.