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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 > I guess a rising tide does not lift all boats
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Post by Subchimes1 on Jun 21, 2018 4:43pm

I guess a rising tide does not lift all boats

I don't want to be negative but It's starting to feel to me like we are not only late to the party but the party could be over by the time we get there. GLTAL. I am a nervous long.
Comment by LifeGoesOn1973 on Jun 21, 2018 5:30pm
the problem is not being late. It is the operations in the US. This put a big discount on the SP since since cannabis is still illegal there. What they are doing in the US is at their own risk . They can't enforce a contract and they are at the mercy of the federal prosecutors. Banks don't want to deal with them. And it doesn't seem Congress will change the marijuana status anytime ...more  
Comment by redstang on Jun 21, 2018 11:49pm
Double bottom anyone? I figured it might come back down to 52 week low, but my dumbarse went all in yesterday at 6.05. Lost 2 grand trying to get on board in the last two weeks. Gonna be a major player, but possible short term pain. Are all of you guys pumpers/ like the guy who lost 110% says?lol... Pot investing is not for the faint of heart it seems, but then again, no investing is, I think ...more  
Comment by redstang on Jun 21, 2018 11:55pm
Oh, the stochastics say maybe 2 to 3 more days of pain, unless news cuts it off at the pass. The possibility of news is why I jumped too early. Oh well, live and learn.
Comment by want2retiresoon on Jun 22, 2018 5:54am
This management team has made a lot of folks millionaires.......have some faith. They are in for the long haul not for day trading. California is still the best place to be positioned, and SNN is going to be a dominant player.
Comment by GOTMONEY on Jun 22, 2018 6:06am
Words of wisdom -  can't fault a single word. Now let's get that financing announcement. 
Comment by Bluechip2 on Jun 22, 2018 9:48am
Looking at website this morning, 2018 Objectives column updated to ' Finalizing debt financing for the Sunniva Canada Campus ' Like we talked about before, it would be very beneficial for company awareness and short term SP, if a thorough financial analysis/ projection was done by a reputable source. Obviously, it would be to appease current shareholders and ease the FOMO that is raging. ...more  
Comment by LifeGoesOn1973 on Jun 22, 2018 10:26am
where do you see the objectives? can you put the link please
Comment by GOTMONEY on Jun 22, 2018 1:35pm
It's on slide 23 of the investor presentation: https://www.sunniva.com/wp-content/uploads/2018/06/Sunniva-Corporate-Presentation-June-16-2018.pdf P.s. this slide was unchanged since Pedersen's presentation back in May
Comment by vandenp on Jun 22, 2018 6:32am
Totally agree. I also believe we need higher daily trading volumes (along with higher lows and higher highs). Unfortunately at the moment we have the opposite. I'm currently maxed out on this one. Need patience now.
Comment by redstang on Jun 22, 2018 10:52am
Agreed, any substantial buy volume from positive news will pop this one based on what I see in Level 2. Peeps are waiting obviously. Of course there is also the risk of the news not being what it was hoped to be.
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