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Especially compared to all the new shares constantly being dumped into to bid. Company is doing great, shareholders not so much. With all that selling mid 3s look possible.
Next report for OS, will it be 105m? 110m? More? I see this being a billion dollar company in the not too distant future, but I hope that valuation doesn’t come along with 200m+ OS.
Becoming predictable. Sell off at the beginning of the day followed up another sell off mid day or towards the end.
I wonder how many more Outstanding shares there will be come the next report. Seems like more selling than usual.
I’m sure this stock will soon follow. Great times to be in CBD stocks
Or not lol
Wow that was a quick jump lol
Would be a 29% increase
CVSI products most likely to be in 945 more stores. Would bring the total up to around 4,253.
https://www.msn.com/en-us/money/companies/kroger-to-start-selling-cannabis-based-products/ar-AACJEeg
With the news from Texas, CA, and Kroger, this stock seems coiled, ready to shoot right back above $5 pretty soon.
From a similar article earlier today
“Retail giants like Walmart Inc (NYSE: WMT) and Target Corporation (NYSE: TGT) have also reportedly explored the possibility of CBD sales in recent months.”
https://finance.yahoo.com/news/kroger-introduce-cbd-products-17-143238103.html
Potential for another 1,500 or so more stores.
Crazy how far this has dropped in the last few months, but as far as a long term play, CBD stocks seem to be a pretty safe bet to double, triple or even quadruple an investment over the next couple years. CBD craze has yet to begin.
Thanks for that.
5% growth qtr to qtr equates to just under 22% growth from year to year. Tough to not like the direction this company is going in.
Back on track to $6 starting tomorrow
Another qtr with great numbers. If the FDA eases restrictions on CBD coming up, this could go up in a hurry.
1 day to go
Great piece on the Sunday Morning show about CBD. I don’t think I saw any of CVSI’s products mentioned, but they talked about the demand for CBD products and how much revenue is expected to increase over the next 5 years. They said by about 40X if I remember correctly.
Best entry point will probably be on Monday. Should be easy money in a short period of time after that.
Waiting for those upper 4s in anticipation of financials. Should be well worth the risk. If earnings aren’t better than last quarter then farther down she goes, but if they are better I imagine a decent run will follow. Also those FDA hearings at the end of the month could bring good news.
Going to have to increase the store count numbers again.
I would think it’s a safe bet Plus CBD Oil will be included.
“We’ve heard from many customers about their interest in purchasing CBD products,” Rite Aid chief operating officer Bryan Everett told analysts Thursday on the company’s fourth quarter earnings call. “In response to this interest, this month we will begin piloting the sale of CBD creams, lotions and lip balms at Rite Aid Stores in Oregon, and Washington to better meet the needs and preferences of our customers in those communities.”
https://www.forbes.com/sites/brucejapsen/2019/04/12/retail-drugstores-turn-to-cbd-sales-amid-prescription-reimbursement-pressures/amp/
They just advertised PlusCBDoil on the radio and mentioned their website, so I doubt that has anything to do with CVSI
Heard a nice advertisement for PlusCBDoil on AM 640 here in Los Angeles a few minutes ago. Advertising their products at Health food Markets and their website.
Just stopped by Mother’s Market in Manhattan Beach and they sell the +CBD Oil Balm here. One for $32.49 and the other for $46.99.
Check out $0.035 and $0.025 in the past year or $0.0875 in early 2017 or $0.06 in mid 2017.
Dropping into the upper 1s before this starts to take off. Wait for the 1s and then start to load.
Thanks for the info
$.018 resistance point has held up 3 times so far. The 4th time testing it has historically been the breaking point for this company. $.015 and lower are on the way.
Question:
When you go to trades, Green are those buying to the ask, Red are those selling to the Bid, but what do the grey trades mean??
Thanks
Flipped my position today for an extra 2,500 shares. CVSI is one of if not the premier CBD Companies in the US. Up-listing and buyout talks are going to most likely create new all time highs. Might go down some more tomorrow, but future looks bright for this company. Can’t wait to see what the next couple of months bring.
48-0 yea-nay