Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Looking at q3 #'s again. Also looked at Bechtel's comp package again. I feel like something huge is lining up here. With Jan. 1 as go date in Cali I don't expect a huge q4. However, with Doucet now in Cali full time rocking sales and the pending revenue to realize from q3, it appears Surna is I full attack mode. Now, if this ETF truly requires $1.00 plus per share, a reverse split could also becoming. Although not a huge fan of RS philosophically, with a financially bolstered runway, it could be the 1-2 blow. A 5/1 takes us to $1.00 (generally). Add an ETF and a run from $1-5 wouldn't be unrealistic. Gonna be a fun few months I'm guessing!
Please include Surna! Huge.
I agree.
I loved the teeth on the ask today. We may finally be saying goodbye to .14 and below once and forever soon. Considering they literally only had a 4% drop in cash on hand last quarter (my true measure of where this company is headed), coupled with another $1.8M raise and a massive influx of deferred revenue... oh, and that whisper of the ETF... . Get ready y'all.
Hard to buy this coffee convo as truth. This team is actually strong and have a background in mega-builds. Bechtel isn't coming to Surna to lose cash and esteem. He likes to make millions not exec salary. I have to view it as yet another strategic move to mobilize aggressively in new markets. Doucet going to Cali is a sign that market is about to explode. Doucet isn't someone who works to lose money either. I expect this to be a win.
This is definitely buy time. 33% profits coming in two weeks or less IMO.
Looking at regulatory rollout and prior press. Looks like Canada is about to strike and Cali is starting to come on-line. So is Pennsylvania. Don't this k this stock will drop much lower, if at all.
Accumulate. This dip is one of the MMs last hurrahs IMO. My guess is by Q2, this baby launches.
The Keen's cancelled their sale plan so it isn't them. This is, IMO, MM's pushing down to accumulate pre-Q.
MM's are pushing this down for a pre/post-Q run. It's so predictable. Buy now and earn a nickel in less that 14 days...
This is a very common statement. You'll find the same concern with every company that operates at a loss while growing. Being realistic, $2M gives Surna a long runway. Should be an exciting year. And, no, they won't be out of business this year.
It will keep creeping for a few months IMO... Then we'll see it explode.
It will be interesting to see how they time the K and Q1. I still don't think we'll see big growth until late Q1 maybe Q2 of this year. Either way, with no debt, this company is positioned for a big run soon... especially once Cali really starts coming on line.
I don't know Keating but, based on what I've found, I expect pretty big things from Surna soon.
Looks like a great buy day IMO.
With all the amazing news lately, I'm thinking this is a good time to hold or add... needless to say. This will be .50 by year's end.
First, doubtful the Keen's are exiting. They have $33M shares and are likely selling a chunk to take advantage of what they've built. This is their baby and I don't see them running. JMHO. Second, my guess is you've quit buying dips because you, like most of us, see this doing nothing but rising.
When you add the potential for warrants converting, this means Surna has, haven't done the math (or know if I could) another $5m or so in addition capital coming as well. The Surna takeover is coming.
Still doing backflips.
Our patience paid off this morning. Now it's only a matter of when not if. Hallelujah!
I'm delighted they raised capital. More importantly, they did it with the friendliest deal an OTC cannabis stock has secured to date. You won't find a better one with any company. This effectively makes the company cash-flow positive (and probably profitable) today. It's huge! I can't emphasize enough. It makes Surna a $1.00 stock in the most conservative valuation in the next 12 months. Huge, huge, huge! I'm pinching myself this morning to make sure I'm not dreaming. Strongest OTC cannabis stock and company without a doubt!
This is amazing news! Wow! A .16 share is basically a retail price sale of the share. This deal is a unicorn... In favor of Surna! Unbelievable and incredibly exciting. Creates a hard floor of .16 and stabilizes Surna financially for a full assault on existing opportunity. Hold those Surna shares, this company is poised to explode. Whomever put that money in probably knows something we don't. IMO, what we don't know made that investor believe buying shares at retail was a good idea. Something big is coming these next 6-9 months.
#1 with a bullet!
To clarify, I've been fine with Surna's conservative approach. Nobody cares if you speak at a conference or any other of the misc crap these other companies post. So, within my last statement, I only hope for PR that is thoughtful and fundamental. I just feel like there's a little more there that people may want to hear. And I agree that PR's every week is ridiculous. Just fundamentals should remain their focus. Either way, still think Surna is rocking and am excited to see the next 9 months.
One can only hope. It's definitely time for a conscientious PR campaign. My guess is we'd be lucky to get one a month vs one a week. Either way, an intelligent PR campaign would send this flying. I look at stocks like CBDS and CANN who have nothing compared to Surna and it makes me hold out hope they're actually working on it. They've stuck to nothing but core fundamental news for a couple years now. Nothing indicates they'd move from that but there's got to be a way to share news without compromising their approach. The market craves it.
Best post ever made on this room. Been jamming it all day now!
I agree. It helps scale and growth to keep it a state regulated crop for now. Either way, if it goes national Surna will get scooped immediately and we'll all win.
Good time to buy cannabis stocks. They won't win this fight.
The beautiful of the MMs is the ability to buy even more for cheap.
I agree. You don't find debt free with no toxic in this space. What's next will be huge for Surna. This is a legit $1.00 stock soon. Could go much higher.
You read it wrong. Converted 90%.
This is amazing news! The biggest news is that every single share's lowest floor is .09 (with some at .22 apparently). What this means is Surna has ZERO toxicity. It is a major floor and a huge upside value for investors. This company is ready to shoot the moon.
It's incredible based on what I've seen. Looks like the most advanced greenhouse ever built in the sector. Could be huge.
Agreed. Been thinking of Q1 and Q4. My guess is we won't have a huge Q1 with this Session's waiting game. I think we're going to see a huge Q2 because of it though. I know a lot of investors kind of sitting back and waiting to see an official position. This will likely affect growers and their buildouts. I'd love to be wrong but that's my guess. I wish Surna could tell us what they have sitting there with active orders. It would paint the real picture.
Amen. Lots of newco's out there, little meat to chew on.
And yes I think this is a good spot to start grabbing position again. It could dip more (but more how much if at all) but I can't imagine it won't hit .20 again soon. Easy 15% gain minimum in the next few months.
Yeah, if it is Brandy Keen only selling a half percent, that's not much. As an insider, she has to sell pursuant to a prearranged plan if I'm not mistaken (think it's called a 10b-51). As such, the sales are subject to bid pressure because it's all on a pre-set timeline. On the flip side, it's a great opportunity to grab this dip at low prices. My guess is recovery would be quick.
I feel like taking advantage of the dips. ??