VIVO Cannabis Inc. VVCIF

It's a steal at this price

[sanmeet81]

This will be over a buck in couple of months or might be earlier. I sold out at .90 at a loss but couldn't resist myself at bought a decent position at .57 With $500m revenue projection for 2020, even if they achieve 25% of that this baby will be over $20 bucks. I am thinking of selling all other stocks in my portfolio and accumulate some more.

[Griz_Online]

Lol bro there is NO WAY that this company does a half billion in revenue by then, unless they start selling cocaine.  At $1 this is a 300mm market cap. If this hits .70c i'm out  Insiders have bought 300k dollar value recently, but have sold 10 Million worth of stock. Many of these pot stocks are going to ZERO eventually, trade and profit but don't fall in love the easy money

[sanmeet81]

What are thoughts about Cronos then? A company with with close to $30 mil annual revenue deserves a 20 dollar stock price.

[Griz_Online]

Cronos much better management, but i agree it's grossly overvalued. I think many of these names will trade much lower eventually. I think most of the easy money has been made and all of these stocks are very dangerous right now, even with the pullbacks we have seen recently. Between VIVO and CRON i would pick VIVO right now but long term i'm not that bullish.

[sanmeet81]

You answered it. Comparing a $20 stock and a 50 cent with same amount of revenue. I bet you VIVO will be over 2 bucks by end of this year

[pocketchuck]

let's say 250M per year in revenue. +-5$ a gram. 50 000kg.  This isn't considering higher revenues because of concentrates and food products coming down the way. There is more room to improve, recreational and medical, especially worldwide. GL to all

[buddy12]

Dreee eee hee eee eeem, Dream Dream Dream, Dreeee eeee aaah eeeem