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If it falls to break .24 then back to .20 for sure. But if it breaks .24 then .3 will be tested.
If they can get the settlement funds invested in an expansion and commercialization of their patent then it will be a great year. Let's see what management can do.
They just won a $4+ million settlement in court. Along with new contracts completing I think the next 18 months will be good.
Volume spike the last two weeks. I am getting in here. This could be $1 in 3 days with serious volume. Guys this has a 4.4million float.
The company just won a $4.8 M judgement. That should be 5 mil in the bank! This company has current market cap of 1.6M.
I would say the value should be at least 5-10M
I see this around .20 shortly.
If we all make an effort and get work out we could make a very nice pump for longs in at these levels.
Aliquot
If they actually get the $5 million that is what they stated as needed for an expansion plan.
Looking good here. Any volume will send this flying at the current float.
Lots of compensated awareness posts around here.
I'd be interested to see some clinical results. Maybe another 3 years and 50 prs before that happens...
Surna is providing services to the Canadian LP who employs me. For their expansion. Canada also has legalization coming and another 200 producers coming on in a few years.
As long as the funds are used to grow the company it can be very good. If they are being used to enrich insiders, not so much...
Be confident in your technical analysis and don't try to sway others here so you can buy back in lower for another flip. Please flip away, but leave us investors alone. We're buying the dips just like you. Difference is when the big boom comes you won't be able to take a big position, while others will be making enormous gains.
Big trades at the close...
Heating up here
Can you give your analysis please? Sounds like you're bearish. Weekly chart looks incredibly bullish to me. Breaking and holding the 50week SMA was huge and as long as it is above that the long term outlook is bullish. A very short term bearish sentiment back to .17 could be argued on the daily chart. Do you have any analysis to show us? Or is the pulled from the anal cyst?
Oh really? What are you basing this off? Surna has much more than most cannabis otc companies. Like real revenues and employees doing work now...
They are at least 10 years away from having a drug approved at this pace though....
Wonder why all the action here
This company has nothing right now. In my opinion single purified cannabinoids will be absolutely destroyed in the market compared to whole plant extracts. It will cost less than 10c/g to produce THC outdoors. Growing it in yeast is great for selling to investors but I doubt they will ever get a product to market.
Their office is a mail drop in vancouver, shares with a mining company (also with no assets) that the management are also involved in.
Everyone who made money I congratulate, but take out our initial and ride free. At Least 10 years before this thing has a drug approved, if ever....
Did some news just get released? Or just someone decided it was time to load today? Looking nice here, we need to break and hold .07 to get this puppy going good!
Big contracts in Canada coming. I am not at liberty to say any more...
:)
Let's just say I work for a Canadian LP going through an expansion....
Pump and dumps are pumped. People want that quick profit and pour their money into what they think will give fastest return, real company or not. Surna is an investment, and their are less real investors in the OTC.
If this closes green it would be a mighty hammer...
When was the r/s?
It will reset before then. Needs a bear market before another bull. Il be buying under $2
Yes, 20c to 3.40
17x gain in one year. That is an absurd gain for a stock... And that's not even the full low.
That is not a big boom?
This is going back to $2, far over extended
This went up over 15 times in a year. Are you crazy?
Yea I agree. But there are things R n D would be good for. Testing new unapproved pest control agents or products cannot be done on cannabis sold to patients. THC wants to be there for product developers (like pest control agents) who don't have a licence and need to test their product before approval. But still I don't see how they will make that much revenue
I think THC is the only one selling to other LPs seriously. Otherwise the other ones are only selling to patients. There are other legal seed sources from Europe. LPs can also sell clones to each other but most don't advertise it or won't sell because they don't want to give up genetics.
Yes I know that, but after they buy one clone of each strain they can make their own...a
Why wouldn't they just
Propagate more clones than buy again and again from THC?
I like this company, but once a new producer has a good genetic they can just do their own propagation. Some may want to just Continue to buy clones but it won't be $20 each
Nice hammer candle. Looking like the bottom is forming. Excited for the next run!
So they have a computer program to look at drug protein interactions. Woopty doo. Basically they have nothing. No drugs, no labs, no trials, a computer program, and prs!
The licenced producers in Canada are selling cannabis to patients today. They are gathering data on which strains work for which conditions and they will develop drugs to be sold in the regular pharmaceutical pathways. Cannabinoids evolved and were used by humans in the context of whole plant medicine. I don't believe this company will be as successful as those marketing whole plant cannabis. Synthetic cannabinoids have already proven inferior to whole plant extracts, which even gw uses.
I know you have made good money here. I would ride free shares on this one. I work in the Canadian medical cannabis industry just my two cents
I hold no positions here
Is this for scientifically illiterate investors? Bioinformatics will give no info on drug-protein interactions. It is for the analysis of DNA. Actual LPs have it way better testing cannabis strains in patients right now. More pump from inmed
What's up here?
I took 10k shares at .06 recently. Still holding shares from before the split which are not worth much. But there hasn't been significant dilution and progress with the company. Any volume will bring this back to .20 easily. Might start to pick up more before the sunny summer
Well one thing trump is right about is the media being dick heads...
Shorts and longs getting a gift from spicer today. Pigs getting slaughtered
Who is accumulating? I think this will run this summer with some good fins and news.
Maybe .80 to 1.20? $12 I would need new pants ...
Lol you're hilarious. If this was such a bad company why waste your time trying to bash down the price? If hass was such an idiot and you were actually confident In your short then you would just sit back let the profits flow. Instead you're here trying every day to get people to sell...
Feeling the pressure here?
I've been in this from .02
Try again....
You should be more worried about the rising PPS...
Down 2%!!! Run for the f*ing Hills!!!
Madness!!!
Sparta!!!
I do recall a recent run from .08 to .29
.17 to .50 coming soon ;)