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Bullboard - Stock Discussion Forum Sunniva Inc SNNVF

Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.

GREY:SNNVF - Post Discussion

Sunniva Inc > Holding long
View:
Post by Stackinstocks on Jan 24, 2018 10:34am

Holding long

Super happy to see the increase in share price over the past few days but I am definitely long on this one. Seeing this bump simply on investors waking up to what is brewing here. We still have lots of good potential news coming down the line, ETF listings in Feb. These guys are just in the growth stage still and they are doing a hell of a job
Comment by Sledd66 on Jan 24, 2018 10:49am
looks like we been discovered!
Comment by sunrize on Jan 24, 2018 11:01am
I believe their biggest business will be from California. There is no competition for them there and with a market bigger than Canada, they will do really well in California. It's over 30% today as we speak and for what they have, around 17 million float, this will keep going up. You have to look at the market cap and not the sp on this one. Insiders hold 9 million shares and here's the ...more  
Comment by Stackinstocks on Jan 24, 2018 11:08am
Absolutely. Do you happen to have the document that talks about the 9 million in escorw and the float? would be great info to add to the DD post people have been compiling! 
Comment by rborhi on Jan 24, 2018 11:23am
At this rate it could reach $20 much faster than I thought.
Comment by Stackinstocks on Jan 24, 2018 11:26am
Very possible. With a float this tight, the best California play I have seen, all star management and low market cap... this could make us all very rich 
Comment by sunrize on Jan 24, 2018 11:23am
Sure. Footnote on page 22: Investor Presentation https://www.sunniva.com/wp-content/uploads/2018/01/VERSION-2-Sunniva-Corporate-Presentation-January-23-2018.pdf
Comment by Stackinstocks on Jan 24, 2018 11:25am
Awesome thanks! so we have an effective float of 17-18ish. Super tight
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