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Bullboard - Stock Discussion Forum Phivida Holdings Inc. PHVAF

Phivida is a premier brand of cannabidiol ('CBD')-infused functional foods, beverages and clinical products that is poised for global distribution.

OTCQX:PHVAF - Post Discussion

Phivida Holdings Inc. > 30% LOSSof market cap in less than 2 days
View:
Post by Fejjy18 on May 01, 2019 10:46am

30% LOSSof market cap in less than 2 days

No faith left here. Management sure screwed up on this mess. Wheres the credability?
Comment by chrome2017 on May 01, 2019 10:50am
This post has been removed in accordance with Community Policy
Comment by TaoTrader1 on May 01, 2019 10:54am
They screwed up big time, utter stupidity. Not only 30% loss on market, but combine that with 30% dilution, and you have a right royal disaster in the making. Complete management incompetence. How can anyone support them, going forward, after this total brain fade? What is wrong with their thinking, are they so naive and ignorant of the Cannabis market that they are supposed to be ...more  
Comment by FallenAngel2017 on May 01, 2019 1:23pm
Only previous mgmt ever let us down. Trust the process or sell your shares. The weak hands will lose. The strong hands will win.
Comment by Highdough on May 01, 2019 11:00am
Lol, this is hilariously silly with the markets reaction in my opinion.  Just goes to show not many shareholders have faith in management. This is way overkill here, wait till management sheds light on the strategy and bet we will be $1+ in no time.  I’m loading up down here, this is just getting silly.  Good luck longs, do your own dd, this isn’t advice.
Comment by Fejjy18 on May 01, 2019 11:21am
Dont buy yet. This freefall isnt over. This isnt advice,tho...
Comment by Fejjy18 on May 01, 2019 11:33am
See? Back in the 60s.
Comment by cpeczek on May 01, 2019 12:19pm
Not really because they diluted the shares by half. That means that the value of the shares are far less then previous to this. They should have fallen by half on the news. The fact that it's only fallen 30% shows me that some people do have faith in the strategy and see it as a positive.
Comment by IcarusTrust on May 01, 2019 12:43pm
Dilution doesn’t take effect for 1 year, plus it will carry the float of the bought enterprise and Cary more value. Bozo’s trying to short this offers such a great buying opportunity. 25% is nothing bring it on, I’ll buy the shares you scare people out of. This one is heading to the moon
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