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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 > Trying to move up
View:
Post by URLaughable3 on Oct 15, 2018 1:46pm

Trying to move up

At anytime, they can stop holding this thing back!
Comment by URLaughable3 on Oct 15, 2018 3:55pm
Wasn’t projecting a breakout with that post. I meant, it would be wonderful if short interest would fade out and let this thing turn the corner, and start getting some traction. 
Comment by Benedictus on Oct 15, 2018 4:25pm
the sector is on fire today and unfortunately snn is still eeking out a paltry 2%, better than red I suppose.... I do expect now that the pp is closed snn should steadily move back toward the low to mid 6 range in anticipation of upcoming NR's around first planting, branding, spinout, etc. While i do not expect Q3 revs to be much better than Q2, hopefully clean biomass is readily available now ...more  
Comment by justinpaul on Oct 15, 2018 6:32pm
It’s interesting how much volume came in today +500k! We went from 5.19 to 7 in two days with less volume back in August, seems like there is some price manipulation going on. i personally would love to see it back in the high 6’s low 7’s in the next few weeks before the Christmas rally to 10 to finish the year!
Comment by RoughStart on Oct 15, 2018 6:54pm
It seems that by not releasing any NR to ease investor tension during this week, Sunniva is missing the boat on the latest sector run up. Unfortunately it will probably remain stagnant and drop even further when the market corrects itself. IMO. Management has not played this very well, unlike some of the rivaling companies that have taken advantage of legalization week.
Comment by justinpaul on Oct 15, 2018 7:26pm
But sunnivas business has nothing to do with legalization, in Canada anyways, they have always been medical...
Comment by URLaughable3 on Oct 15, 2018 8:24pm
Not to mention a lot of “investors” seem to forget public companies can’t just release tidbits of information on a whim. They have to wait until deals, or plans are complete and filed before releasing any sort of details. Seems to be something that gets forgotten often. This isnt politics or social jabber, they can’t give you the play by play as they try and reach the best endgame. You just have ...more  
Comment by justinpaul on Oct 15, 2018 8:32pm
Yes I totally agree, while it’s fun making 20% returns in a day, the faster the rise the steeper the consolidation. I’m fine with a steadier climb. I know there are a lot of bag holders but to be honest they were just people looking for a quick buck and bought hype. I don’t see it participating to much in a correction or bear market to be honest, the fundamentals of the company are there, once the ...more  
Comment by URLaughable3 on Oct 16, 2018 7:10am
I myself am a bag holder, but I have averaged down nicely while I could. Still see a great company unfolding. Only thing that has hung them up, is trying to be a cross boarder company from the beginning. In essence it was a great goal, but if they would have segregated the 2 sides from day 1, this thing would be at a much different valuation. However, as they move into the spinout, I have no doubt ...more