Captiva Verde Wellness Corp C.PWR

News

[sweetbabyjesus]

im guessing its bad from tehachapi. Worse from new brunswick weed farm. Share price tanking bad bad.

[GustKing]

the best part about your bashing is you are not even paid to do it. i hope anyone who reads these boards can search a profile and see what you are up to. 

[sweetbabyjesus]

down 20 % today ooofffff

[TheCapitalist]

I'm still holding plenty of shares and have been for years now (since VEG was selling, well, veggies).  There's been plenty of positive, affirmative developments towards profitability with PWR. The current sell off is probably some amateur who became impatient.  I'll continue to hold and sit on the side lines of the forum until I see some intelligent conversation. 

[sweetbabyjesus]

Some amateur who holds almost 1 million shares?? I mean, there's reaching to fulfill a rose coloured narrative. And then there is THIS.

[TheCapitalist]

1M shares isn't a lot of money. At $0.24  that's only $240,000. If you're that worried about it, sell.

[HandyAfterall]

A sell-off at 4x the avg daily volume is not insignificant. 

[SamRothstein]

That is putting it mildly.  Maybe this company needs a CEO that is not also the CEO of another publicly traded company?   Last I checked being a CEO of a publicly traded company was supposed to be a fairly demanding job.  And of course, there is the very real question of conflicts of interest.

[TheCapitalist]

Yep, there's an elevated RVOL. Given that there's been no fundamental catalyst, there could be any sort of reason for the selling, including reasons totally unrelated to the underlying stock. Someone could have sold their position because they wanted to reallocate elsewhere, for instance. They could have sold because other cannabis companies (e.g. APHA, WEED, etc) took a hit recently, and

[sweetbabyjesus]

Flawed logic. Bigly flawed.

[GustKing]

By the logic of some people on this board. When its a high volume sell off day. it means the company is done for... Glad you're able to come in with some intelligence. What's to fear of a debt free operation.  Lowest cost per gram wet and dry + packaging (which is huge). Natural Pond to supply water to the crop (another huge cost avoided) 40-50 head count, maybe looking at more

[ThailandRTO]

Damn, I really want to argue with GustKing right now but his statement is correct . That's why we're all here as investors. it's a sell off who cares. Yes the stock trades thin, yes the stock is off 18%, yes it's frustrating that there is no PR campaigh because there is a good story to tell here. if we all bought 25,000 shares tomorrow we would be at .50 so collectively we could

[SamRothstein]

I'm not sure if making the bag heavier by catching what at least looks like a falling knife is a prudent strategy.  If you want to buy more I would at least wait and see how far down it goes and then wait for meaningful movement upwards.  You won't catch very bottom that way but you want catch falling knife either. (quote=ThailandRTO]Damn, I really want to argue with GustKing