GREY:SNNVF - Post by User
Comment by
Sunniva4Lifeon Apr 02, 2018 4:50am
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Post# 27813218
RE:Re:Buy?
RE:Re:Buy?Full disclosure: I am definitely one of the delusional people that you're referring to. That being said, I want to point out two things: 1) the market is a FUTURE discounting mechanism. So even though a contract may only materialize in the future, it should have a bearing on the present stock price. 2) you are writing future CONTRACTS, plural, but I think you're really referring to the one contract with Canopy. The fact is that it actually isn't reflected in the stock price, which is now lower than it is when the deal was announced. I really don't see what grounds you have for talking about a $4-5 range. The only reason why the price has drifted as low as it has was lack of news, which is easily explainable by the bought deal being closed. Now that that's behind us, we should absolutely expect to see a steady stream of announcements that would positively attract attention to the company. Most cannabis investors are currently not even aware of Sunniva's existence.
Dimi007 wrote: David this is a good company, now,speaking hypothetically. Good management, and CONTRACTS signed for the FUTURE...... The key word Future....
this stock price will hit $4-$5 range easy, then take a chance and buy...
Dont get tricked by the delusional people on here!
good luck to all