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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 > Selling at a bottom, the ppl that make the rich, richer..
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Post by URLaughable3 on Sep 28, 2018 3:18pm

Selling at a bottom, the ppl that make the rich, richer..

Stupid
Comment by Shell2Seed on Sep 30, 2018 4:48pm
This post has been removed in accordance with Community Policy
Comment by Bluesguy on Oct 02, 2018 8:49pm
This post has been removed in accordance with Community Policy
Comment by URLaughable3 on Oct 02, 2018 10:43pm
Nah, ur impatience is blinding common sense. Do the comprables, It’s quite obvious this company is incredibly undervalued, and not due to risk. California operation is on cusp of rolling out, de-risked to the point that only a failed crop would prolong the increased revs that come with Cali model. You go drop your money in Canopy or Tilray.. If you did that recently with ur SNN sale, then your ...more  
Comment by Bluesguy on Oct 03, 2018 4:09pm
This post has been removed in accordance with Community Policy
Comment by sunrize on Oct 03, 2018 4:49pm
@Bluesguy - thanks for a very rational and measured response. I agree with you, except on one thing. If Canopy pulls out of the deal, I do not believe SNN will be done. I have said this many times and will say it again: California is where the money is at. Not Canada. SNN is late, lethargic, fumbling around, and lost when it comes to Canada. Holler & his cronies should get real, draw the ...more  
Comment by Bluesguy on Oct 03, 2018 7:45pm
This post has been removed in accordance with Community Policy
Comment by URLaughable3 on Oct 03, 2018 10:05pm
As I don’t allocate my profile to 1 or only a few stocks, and leave a percentage of cash available for such cases as these, my prudance was dropping my avg share price below $8 while still keeping my larger position at a very minimal risk to prortfolio demise. You sold at a loss to realocate, I just added free cash to avg down. To each their own, but I dont sell an up and comer at a loss just ...more  
Comment by Bluechip2 on Oct 04, 2018 9:23am
@Bluesguy, good post. Not a fan of management's muted updates. I have been diversifying my Cali plays as well. When I look at the average Mc of Sunniva peers in California it is around 400m on average. Sonitvis compelling for me to consider a quick spike in SP to that range once we some sort of execution on the cultivation in Cali. I am with Sunrize on the doomsday scenario regarding Canada ...more  
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