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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 > I think we are getting bought out
View:
Post by Jordantrademark on Sep 05, 2019 3:13pm

I think we are getting bought out

something is up huge volume
Comment by XXX1XXX on Sep 05, 2019 3:17pm
Big bids now gone....wierd Volume is just a little over 400k, a little higher than normal but not huge
Comment by Jordantrademark on Sep 05, 2019 3:19pm
average volume is 157k a day. I really think something is up
Comment by TrendSwapper on Sep 05, 2019 10:10pm
Either someone believes strongly in this company, or they know something. Either way, glad I stuck to logic and fundamentals and loaded up at these depressed levels. Remember, this was 15 bucks not that long ago, and with their proven revenue generating capabilities, will be there again soon. Glta
Comment by Benedictus on Sep 06, 2019 12:44am
thus far absolutely nothing has changed with their situation as per the last conf call. Management acknowledges they are in a severe cash crunch that requires asset sales, financings along with creative solutions with the production capacity they have available currently. The glasshouse timeline is still murky and another 25M is now required to complete it.  When snn traded at 15 it was on ...more  
Comment by CanuckCanInvest on Sep 06, 2019 12:45am
This post has been removed in accordance with Community Policy
Comment by Bluechip7654331 on Sep 06, 2019 4:12am
well that is not entirely true. $8m CDN will be afforded to Sunniva this month if and when the 2nd tranche closes at a strike price of $1.20 or higher. So, a short squeeze is underway to maximize the return on these warrants. It is fairly obvious, come on people
Comment by sunrize on Sep 06, 2019 4:57pm
The recent sudden run up seems very much like shorts setting up for another slam down. Don't get fooled. This company has many, many unanswered questions and has a long long way to go. Re-establishing lost credibility will take a long time. The company is now in a 'prove it to me' mode. Talk from mgmt  is and has been cheap. 
Comment by scopro on Sep 06, 2019 11:32pm
Yeah, short #1- sunrize. If not, then shorter's best friend with both hands.
Comment by sunrize on Sep 07, 2019 3:39pm
@Scopro: Sorry I did not understand your post. Please elaborate.
Comment by Canavestor on Sep 08, 2019 12:55am
This post has been removed in accordance with Community Policy
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