Sunniva Inc SNNVF

Is there any hope in this stock?

[good_invester]

I have been holding this stock since January this year. Since then it has been continuously going down. It seems like other weed stocks are recovering pretty good except this one. I don't understand why, and I am afraid that it will continusouly be like this even after October. I thought this one had a potential, but after losing almost 50% of my initial investment value and not seeing any sign of recovery for a long time, I am totally lost.  Is it still worth waiting here or should I accept the lose and quit? It is very frustrating.

[URLaughable3]

I get frustrated reading posts like these. Cut your losses after waiting through the lull? Couple months before they plant their first seeds? On the heels of spinout and financing news? While they are building their 2nd facility, in Canada, with a major contract in place and 8 medical clinics to prescribe their own greenery?? Sure, sell this and go buy Canopy or ACB at their bloated caps that will

[GOTMONEY]

Anybody who's even considering to sell at this point exemplifies the stereotypical clueless retail investor who trades based on emotions. It's just like the famous chart that shows that the moment said retail investor loses all hope and sells is actually the point of maximum opportunity. You got it all the wrong... now is when you consider buying. In a short while, we are going to be in a

[CorporateScum]

Buy when there's fear! Sell when there's greed. Sold my Canopy stocks a week ago, ill get back in when the market corrects, or ill just load up on some cheap AF Sunniva shares. 

[sovy888]

I've heard this so called worst possible time to sell argument about 3 months ago, same people that are telling you not to sell told me it's a mistake to sell now when the SP was sitting at $8, well look at it now... I sold at a 50% loss back in may and I bought WEED with the money left from this play! thankfully I managed to recover my losses and even made about 20% profit on 5hat play

[Bluesguy]

This post has been removed in accordance with Community Policy

[Tradertimestwo]

Pretty simple. If you can afford to hold it (ie. INVEST) then you will make your money back and then some. This company is executing well besides lacking on news releases... if u need funds and think u will be further ahead short term investing elsewhere go for it! This past week has seen new patterns on stocks spiking with no news....hope snn is next up!

[GOTMONEY]

I feel totally comfortable with my SNN investment. Not tempted to try my luck timing things and going in and out of stocks because that's pretty much a 50-50 proposition, worse if you take into account things like your own emotions and the unpredictable nature of market sentiment. If someone can convince me something is fundamentally wrong with SNN (anything like ISOL), then I will reconsider.

[good_invester]

Hello GOTMONEY, Could you please explain why you think this stock is going to explode? Could you please also explain why this stock is not recovering when other weed stocks are doing well? I am not trying to argue with you, but just want to know of your thoughts. By the way, I really hope you are right. Thanx.

[GOTMONEY]

It is going to explode because the company has been putting together the pieces of a truly vertically integrated cannabis ecosystem that will generate massive revenues in the months and years to come. Of course, the linchpin of this strategy is the cultivation campuses that we'll see coming online in the next few quarters, most immediately in California and later on in Canada and in other US

[sunrize]

Self contradicting post.

[GOTMONEY]

It isn't self-contradictory. Let me simplify my point for you: there are specific reasons why the stock hasn't taken off yet, and these reasons will soon be removed once things are cleared up in the near future. Got it? So the stock is very cheap relative to where it would be a few weeks or months from now and it is a good idea to buy/hold at this point in time.

[Bluechip2]

@ good_ investor, hang in there, don't double up on the mistiming. @ SOVY888- good post as is the others on this thread. The 50% loss, as you know, was a case of bad timing, buying on the peak of a Short sell trade move on a very tight stock. Whether SNN has hit bottom depends on the anxiety of the remaining retail investors as well as the expected pending temporary pullback in the Candaian

[URLaughable3]

Opportunity cost? ISOL? That’s awesome lol, but most dont look at Short Term price drops on a LT investment as opportunity cost. Not everyone invests for over night gains nor has the time to trade daily. This is a LT play, hence getting in at basement pricing. Do you think anyone who bought WEED at sub $10 in early 2017 and held through the early 2018 dip and summer dip only to be holding $60

[vandenp]

Totally agree with Bluesguy on this one. But you didn't need to be a rocket scientist to figure that SNN would not likely be participating in the current MJ up trend for a while, after listening to the last cringeworthy conference call. Now that being said, I am concerned about how I'm going to get back into this stock before everyone else that thinks like us does.

[GOTMONEY]

Cringeworthy: explain?

[vandenp]

Really?

[GOTMONEY]

Yes, really. Don't see what was "cringeworthy" about it.

[vandenp]

IMO (and the VAST majority of individuals on the Discord channel) their presentation was cringeworthy. Their answers regarding financing were cringeworthy. Their answers regarding the splitting of the company were cringeworthy. Giving zero guidance whatsoever was cringeworthy. This is why I quickly sold and moved my money into another MJ company that I was more comfortable with at the

[GOTMONEY]

I disagree with your characterization of a) the call and b) the reaction to it. You made a good bet. Is it still going to be the "right choice" a day, a week, a month from now? Time will tell.

[vandenp]

Totally agree. Time will tell.

[vandenp]

The above was my post from 9/13/2018. I can now buy 3.5 times the shares that I had with the same account. I'd say I made the right decision. I wonder where Gotmoney went. He used to be the biggest snake-oil-salesman-pumper on this board. Now it's EFW5370 and canuckinvestor.

[canuckinvestor]

I’m not a pumper I own a lot of Sunniva  yes they have had issues but everything is finally   coming together  they have a rock solid target date , hired a  head  grower , maintenance mgmt. holler is running the show now  , he has hired exceptional people  in 3 more months this facility will be online!

[JMark80]

Holler is a cuck.

[JMark80]

GOTMONEY is probably HADMONEY now. URLaughable3 was another pumper. Can't remember the name of the biggest pumper of them all, the one who was adamant the Canopy deal wouldn't fall through. Sunniva4life? #Losers.