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Bullboard - Stock Discussion Forum 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 Discussion

Sunniva Inc > Healthy Day
View:
Post by Stackinstocks on Jan 25, 2018 11:40am

Healthy Day

Nothing goes straight up forever, would be happy to see it trade flat 16-17 for a few days. Get some accumulation and build a good base for the next leg up.

I freed up some more powder from another play in case we see someone else unload at market and drop this  a buck like yesterday. GLTA
Comment by GreenSheep on Jan 25, 2018 11:45am
Agreed.. If you are playing the long game with the first harvest so far away, it doesn't matter what the share price is today.
Comment by kingallenze on Jan 25, 2018 11:48am
Got in @ 7.70 sold all at 16.25 this morning. I think it might pull back this afternoon and tomorrow. The whole marijuana sector is down. What is your thought? I will wait to see if the sector will pick back up next week.
Comment by Stackinstocks on Jan 25, 2018 11:55am
It would be just a guess as to what it will do over the next few days. I just know that I cannot afford to try to play it because I truly think this has big potential to be a $40 stock or higher eventually so the few dollars I **may** pick up now is not worth it to me. If it goes down I keep accumulating, if it goes up I try to be happy with my position and resist the urge to average up lol. 
Comment by Stackinstocks on Jan 25, 2018 11:59am
I do not really think the sector will hurt this one though. Some of the other market caps are so inflated in my opinion that they have a lot of room to come down wheras Sunniva's is low enough for what they already have and are in the progress of actually building. I think some people with big profits in the others also will look at this as almost a ground level investment and move some of the ...more  
Comment by Northerencents on Jan 25, 2018 12:17pm
This post has been removed in accordance with Community Policy
Comment by kingallenze on Jan 25, 2018 12:34pm
Very True. I will see if I can get back in. Thank you. GLTA
Comment by kingallenze on Jan 25, 2018 12:30pm
Agreed. you are right
Comment by Norcalcanuck on Jan 25, 2018 12:57pm
Just my 2 cents but I'd be careful trying to play this one. Never a bad thing to take profits but if you are thinking long then it's more likely to be $40 before it's $14 again. Not saying it won't go there but I wouldn't risk it. As has been discussed here there aren't a lot of shares available and most of the original shareholders are in this long term. I expect some ...more  
Comment by sunrize on Jan 25, 2018 1:16pm
Kingallenze: This is the thing that can happen, and I place a very high probability of it happening, is that they might announce supply agreements anytime. Remember, the company has been in business since 2014 and they did a LOT of work the past 3 years in establishing relationships, acquiring NHS, Vapor Connsr, getting Calif permits, etc. So any news will launch this. Of course, if no news, I ...more  
Comment by Stackinstocks on Jan 25, 2018 1:27pm
At the end of the day do what you think is right. it is your money and don't let anyone tell you how to manage it. Myself and other posters have given our points and maybe they happen maybe they dont. All it comes down to is, do you believe in this company or not and do you have other avenues you think you can make as good or better money with similar risk? 
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