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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 > Up approx 20%
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Post by sparkdog on Jan 02, 2019 4:11pm

Up approx 20%

On the move....hopefully, it will continue.
Comment by sovy888 on Jan 02, 2019 4:40pm
so what exactly do you guys think made this move up in the new years??? I'm looking for a re-entry point just cant see what made this move, I mean nothing substantial happened right?
Comment by sparkdog on Jan 02, 2019 4:53pm
Have no idea what has caused the recent increase....maybe it was dragged along with the entire mj space that appeared to rally the last couple of days. Who knows....it's the market. Certainly, the anticipation of the Cat City campus opening in this qtr may also be playing a part. Whatever it is let's hope it continues.
Comment by Benedictus on Jan 02, 2019 6:16pm
sparkdog, this appears to be an oversold bounce on very low volume. Technically it could potentially tag the  4 or even 4.50 resistance zones. Nothing fundamentally has changed as of yet, so I'd chalk this up to a dead cat bounce after tax loss selling carnage.  nice to see the back and forth debate over the last week or so on the board. from my standpoint, after re-reading the md ...more  
Comment by sparkdog on Jan 02, 2019 6:35pm
I agree with you Benedictus.....2019 will be the year this rock star management makes it happen..........it better be as they missed the mark last year to a degree.
Comment by Bluechip2 on Jan 03, 2019 12:43pm
yes benedictus, I agree. With tax loss selling over and a few investors re-entering positions with SNN, the remaining short positions have covered as well. Current holders would have very few reasons left to sell, with imminent execution upon us. When the media train begins before the end of January, it should attract new investors and with this right float, perhaps a run like last February only ...more  
Comment by EquityInvest on Jan 03, 2019 8:16pm
It is really nice to see SNN's sp hold today, I expect a big upside upon announcement of the spin off of CA assets as we are still very much undervalued by the market. GLTA!