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First whale in the pod?
I agree $srna $4.20 in 2018 after a big Momo/speculation run.
You replied to my post haha. All info you need is in filings and website.
I can't wait for outdoor growers to put these companies out of their misery.
I will be starting an outdoor LP, will grow cannabis for 1 cent a gram and undercut all these massive castles of sand.
5 million SQ feet is a few hundred acres.
In Canada we grow around 10 million acres of grain a year. If we took 0.1% of that land (10 000 acres) we could produce around 5 million kgs of cannabis.
Once my cannabis combine and harvester is completed we estimate a cost of around $5000 per acre. So that is $10/kg
An 8 billion dollar company based upon growing an agricultural product for $100x it's real production cost in a reasonable system. Their market cap is based upon a government imposed oligarchy which will fail. Can't wait for the consumer market to reject all their terrible product too.
So Trump is trying to destroy this company now too, not just my weed stocks! Feel bad for all Americans right now, such sad policy decisins.
Do you switch sides (short/long) multiple times a day? Swing trade a few days? Or all depends on stock action?
Do your own dd
Well the price action might look like a pump and dump. And certain traders might be pumping and dumping, but the company I work for just had over a million dollars or Surna equipment delivered to our facility this year. They did all the engineering design for the grown rooms in our facility too.
Anyone who thinks that the company is a pump and dump has done zero minutes of DD.
$4.20 in 2018
If $SRNA had the same revenue multiplier as ACBFF it would be near a billion dollars market cap.
Maybe the cannabis Momo train has decided to hop on board here and if so this could see $1+ fast.
I bought mjn at .25 and sold at .50
It's $11 today.
$1.3 million revenues last quarter, over a billion market cap.
Don't sell for fair value!!
New target for 2018
$4.20
And the shorts are arriving too! Looks like eyes coming here. Might be a pull back with clay here now ;)
Still holding all the shares I have bought here from .07-.31
Will sell in dollars in a few years. Industry explosion world wide coming, SRNA current leader for production room design imo.
That's what I keep saying. This board is made up of more conservative and risk adverse investors than 99% of the cannabis market. Once the pumpers and Momo riders arrive they will blow it way past fair value. Good luck everyone.
.50 test coming tomorrow
This has been undervalued compared to other cannabis stocks for a long time. This is just the start of the big run. As I have said before once the Momo builds this is fly past fair value. I expect $2 this year.
Surna sells equipment worldwide. I work for a canadian lp who has over a million contract with Surna. So as legal cannabis flourishes in Canada Surna is making money off it.
Fear from us laws has kept this low IMO, but as investors realize it is serving the Canadian and abroad markets it will make nice gains. And then by the time the US is mostly legal they will be quite established...
Just my opinion
So many crazy valuations for cannabis companies right now. I think this could run to $2 this year if the momentum builds right. It's far above current fair value, but take a look at Canadian lps insane valuations.
Great trading in the .30s! The base is getting solidified at this level for the push into dollar land. Everyone hold for $2+
$SRNA going very high this year as the smoke billows off the pot train!!!
Last post was slightly incorrect I forgot I still have 10% of my USD account in $SOL a small cap solar stock, check it out too ;)
I sold my other US cannabis stocks, all in for SRNA in my US account now. This is going to dollar land this year for sure. I was at the lift expo in Vancouver last weekend and they had a huge center entrance setup, very professional.
Another company beside them was canopy growth (7 billion dollar company - 60 mil revenues)
If this company we're valued like canopy it would trading at like $10.
Longs please don't make the mistake of selling at fair value. Sell at 3-6x what you think fair value is because once the weed Momo train starts moving this stock it won't stop for a long time.
Good luck all!
Ok thanks. Let's hope for a private placement. If they dilute and the price drops I'll just average down, this is in for a run once they show the settlement money on the books. I'll try to buy some more 3/4s in the meantime.
Was the A/S not already 150? What changed?
Bids moving up here. Would like to see a break above .10
Surna equipment arrived on site at the Canadian LP where I work. We signed a large contract with them, the engineering and all look amazing. Can't wait to see the facility in operation.
This should run nicely to .50 now I think!
Anyone have l2? How many shares for sale at .30?
Going fishing for stop losses as well I guess
Very volatile let see if it can break up higher again...
Good gap fill however
Whoever snagged the .16s got very lucky
They currently have a acmpr licnece to grow and sell cannabis in canada. They have a pharmacuetical side as well, and just bought 400 acres of some of the best outdoor growing land in Canada.
They could produce 100 000kg of cannabis pretty easy on that property.
Let's say outdoor price of $1000/kg is $100 mill a year, plus 40k SQ feet indoor facility.
This could go to $5-10+ by 2020 imo
Harvest one is doing well! I see it going quite high in the next year. $5-10 possible
Who got those tasty tasty .16s?
This was a blessing for shorts to cover and longs to load up, too bad no powder for me
Sessions took out all the weak hands!
The MMs had fun with sessions making a dip there. Weak hands are out let's break .10
Maybe a staffer can slip him a brownie at lunch unnoticed haha.
Looking very possible this week for sure.
If it can hold above .26 today it should break it tomorrow I think.
Maybe should have held those .20s. Have fun buying this week
This is going to test .16 next week I think. With some Momo we will smash it and fly to .25 I'm.
Good luck all looking hot here!
Still hoping for .20?
It's speculation,. Chronos group has > 1B valuation and 1.3 million revs last quarter. This has tons of room to run in the cannabis market. Sure you can flip in and out most of the time but once the train gets moving fast it will be hard to take a large position. I'm in for a long hold, everyone has their own strategy.
Glty
How's that .14 coming along?
I keep a small position here. This stock trades very thin and if any volume comes in it will fly quickly
Good luck getting them back!
This has not begun the big move yet. It will double in three days once momentum takes over, .25-.50 coming soon. Might pullback first though for sure.