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Agree on both
The only positive I derive from absence of news is my fundamental hope that management is confident that they are positioned nicely. I have to think they'd be spitting news out if they thought this thing didn't have legs.
Love to see some news. Even a shareholder meeting announcement.
Agree with both of you. These two are not losing with this one. Throw in the base-raise #' at .16, with the warrants, they're on a great path. Assuming share price rises, Surna gets additional $'s for operations and growth. This stock is a win. The dips are simply spaces for us to make more $.
Liking this volume.
Meant to say, I like the theory. No "?" Intended.
I definitely think they'll (Canadian CO's) need to start using their equity and cash to bolster position. Surna is a prime target for sure. I also see huge co-pack potential more than anything. Huge build-outs with many brands funneling through the same facility... middle-man dreamland.
I like the theory?
I think it's a solid theory based on Bechtel's history. I truly believe that he has something big poised. He is not a fluff guy and he certainly isn't a loser. There is something poised IMO.
Loving this volume. S&L is correct.
I like it. Get a decent little run. Assuming no news through Q3, we'll be handed another dip to buy and run again.
Ha. Truth. Time to amp up the Surna news machine. Or at least turn it on...
Apologies, meant as compared to last year's Q.
Primary point for me is all the new investors in at .16. Bechtel did very well in his previous business. I assume it is he and his friends in on the new raises. The stock will not stay here. This is an accumulation point. Revenue increased Q over Q as did backlog. Losses were basically growth and stock transactions. This is value down or up right now. JMHO.
I agree. I think accumulation is one of the potential plays. I agree on the growth points also. My guess is we see a big Q3 and Q4. Looking for that random New Year's run again.
A backlog of $8M is a good thing. I have to use backlog coupled with revenue to calibrate growth for Surna. So long as this # keeps rising (combo of revenue and backlog), I remain hopeful.
When is the shareholder meeting again? Anyone have the details in front of them?
Doesn't look like the booked orders fail all that often as a percentage. Looking at deferred revenue, it continues to increase Q over Q. That indicates delay vs. aggressive cancellation in my book. Regulation and funding for these grows is arduous. I'm hopeful we see closes start rolling in soon. It will be a rocket ship for Surna.
I agree. Im excited by engineering services and install. Engineering is a huge factor in the future. Surna is the SOLE full service engineering solution in cannabis. It poises them for the big dogs when it comes in.
The only good part about a .10 dip is what we'd make buying that dip. But I agree. This Q is an important one. If they're flat, we need a nice deferred bump.
I think the issue revolves the nature of regulation impacting roll-out. California is effectively Colorado in '09/'10. It will be a huge market but people are jumping through hoops to get on-line. As such, I think a 30% conversion on Cali would be a win. As for Canada, the regulators are slothen. Accordingly, I'm seeing the same type of #'s as Cali. I know there are plenty of other markets but, with those as the two largest, my hope is we see an overall 30% convert and a nice increase in deferred. That would be a big indicator of a future home run for me.
Looking at past trends and an upcoming Q and shareholder meeting. We see dips and then it blows up. It isn't technical at all, it's trend-based. Also, if deferred is recognized, it would be a huge boost. Looks like new CFO specializes in recognition of revenue. Beyond that... nothing. Just a humble opinion in the end. I'd listen to the technical guys before you listen to me.
Share price not news. Hopeful for the shareholder meeting though.
We are about to see a buying explosion.
Interested to see what the shareholder meeting brings as far as information goes.
At least you can grab 25% again.
How big will the load-up be?
Not many sellers at this low of a point. How long can the accumulation run?
Agree!
I am 100% great with that.
I do agree with you though. News matters. However, the fact they are hosting this shareholder meeting makes me think they've got something poised for growth.
Wrong company for that. Chris Bechtel is the news. He's no joke. Hold and buy low. That's my recommendation.
We see .15, we'll see 2+M soon after on volume and a fun run IMO.
Amen.
Btw, research Bechtel. Trust me. It may help you.
LOLOL. Swim at your own risk. If you watch the charts at all, all you risk is missing another bump. If that's your play, I'd say shortnlong making 10-15% every time you wait makes your inspired commentary a bit laughable... Plus, I'm guessing he'd still load at .15.
Yes. Wish I could!
Buyers coming in. Safely guessing 10% minimum gains, for those playing the dips, coming quickly.