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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 by User

Post by Bluechip2on Jan 20, 2019 10:22am
529 Views
Post# 29256765

INVESTOR Alert

INVESTOR AlertYes this is a very good article for anyone wanting a detailed status update and potential upon execution. Remember as well, the extraction revenue estimate of 50 million for 2019 has very little risk in it as it is based on wholesale prices, mimicking the volume of extracts produced in Q4 that was deferred to Q1 for brand release product. On a more pressing note, the SP increase on Friday was the result of a short seller squeeze. So basically, borrowed shares that have been leveraged to bet against the stock are being returned due to high probability of SP appreciation. Here is where it gets interesting, as the US stock markets are closed on Monday, short sellers of US ticker SNNVF will have to wait till Tuesday to cover their short positions. What this could mean for investors. With new investors and money coming into Sunniva SP due to this great article and other factors, coupled with continued short covering on the CSE exchange on Monday, we could see a dramatic price increase by midweek, and then a consolidation to the mid to high 5's. So a great opportunity to get in before the continued uptrend and perhaps a quick 20% gain or so. Of course this is just my personal anlysis, but I am putting it out here to help inform many retail investors who so often get burnt by these deep pocketed manipulators that we have a chance to actually take advantage of the market makers for a fleeting moment here. GLTA.
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