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Sunniva Inc > Alan B's take

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Post by sunrize on Nov 30, 2018 4:21pm

Alan B's take

Alan has always been correct on SNN. His latest post on SA is below.

Alan Brochstein, CFA, Contributor

This one has been a big disappointment. Hopefully, it works out. To me, the fact that the spin isn't until Q2 was really negative.

NEW|30 Nov 2018, 10:01 AM

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Comment by Basket11 on Nov 30, 2018 4:43pm

Yeah but he didnt even like the spinout since it was announced. Now that they are doing it later than expected is really negative? I dont understand why. I appreciate this guys opinion but its just that. An opinion and its always been negative.

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Comment by HandyAfterall on Nov 30, 2018 5:32pm

Maybe it’s always been negative because he foresaw the failures? How can anyone claim to be confused why ANYONE would be negative about snn, considering where we are now? I don’t know what it would take for some snn investors to be disappointed. Serious silver-lining crew invested here have fun, handy

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Comment by RoughStart on Nov 30, 2018 5:51pm

Honestly he probably had a lucky guess. He really didn't have a lot of facts and If Alan is so smart why is he writing articles on SA. Look up and see what he has recommended. I'm sure it evens out eventually. Do your own DD. The market is reacting this way until sunniva can prove itself, but they have had to adapt itself to the market due to poor industry forecasting. Look at the market ...more

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Comment by scopro on Nov 30, 2018 7:13pm

Who's to say Alan B isn't shorting the stock?

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Comment by smellmymoney on Dec 01, 2018 3:03am

This post has been removed in accordance with Community Policy

Comment by Basket11 on Dec 03, 2018 9:52am

That wasnt my point but ok. I am disappointed wtih SNN and the latest financials. Not much to be happy about in the short term.

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Comment by sunrize on Dec 02, 2018 3:25pm

ICYMI, from the outset, Alan wasn't optimistic that they would get bank financing. He has been proven correct. As far as I can tell, everyone else was gung ho about bank financing. Mgmt keeps missing their own set timelines, in case you haven't been aware.

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Comment by scopro on Dec 02, 2018 6:24pm

The Canadian timeline was based on financing. Banks don't lend to companies with U.S. operations, and regardless, not having financing for the facility has not extended the launch date in Canada of Sunniva branded products AND it has been a blessing in disguise. With the newly mentioned pod approach, it allows for a quicker initiation of strategy to profitability in Canada. Bashing of Sunniva ...more

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