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probably. and daytraders in for the gap up/technical breakout.
to each his own i guess. the volume we've been getting tells me there's some deep pockets watching this. CVSI still isn't even being discussed on finance twitter. it's still flying well under the radar for most.
it's gonna pick up.
i've been on these boards for about a decade and i know what you're talking about.
the band of shorts is welcome to pile on here and get squeezed for all i care.
hahahaha ok man! not sure what him posting a chart has anything to do with him signaling his followers to dump and panic sell?
SCON did a reverse split and it's up 20% today
dude if you think he wields some kind of magical power over a stock that traded 8 million dollars in volume yesterday, you're nuts.
ihub is a small community relative to the size of the stock and it's volume.
sure, i'll grant the superstition on ordinary OTCs that are trending exclusively within ihub, but not here.
couple things:
clay hatred is a superstition. who cares if he posts here or not.
second, we want to be consolidating here. i think we'll consolidate and establish a new solid base above 2. then break higher next week post-earnings.
it's...really interesting and i'm kinda scratching my head here...
dude holy crap i didn't even realize it says that. hahahahahah oh my god
what we have today is called: DEMAND, and it is bullish
just don't dump on the bid at the LOD you kook
dude the reverse split is now considered good news, can't you see that? it's IN THE PRESS RELEASE and the market LIKES IT. because it means UPLISTING.
if TLRY can be a 3 billion dollar company with LESS REVENUES -- CVSI can at least be a 500 million dollar company. it's currently around 200mm.
this is insanely undervalued.
look how quickly and angrily it shot up on *relatively* low volume. 400k shares took it up nearly 20 cents.
*if necessary -- if earnings wow the market, it might not be necessary.
Factually incorrect. Read the filings, they’re profitable. No debt.
here's something fun to think about:
the Telray IPO only happened thursday. it rocketed up.
then it went even higher on friday.
it's gonna be on a lot of traders' radars this weekend.
and guess what? those traders and others are gonna look for sympathy plays.
because sympathy plays have been working (HUYA > IQ > CLPS > BILI > BSTI -- chinese IPOs)
one of the best sympathy plays they'll inevitably discover is CVSI -- with it's sexy chart, low float, high revenues, revenue growth, cash, low debt, etc.
i think we break above $2 with feeling next week.
speaking of the chart, check out the flag on the weekly. gorgeous.
That wall got taken out nicely EOD
feels like someone did a boxed short and they're putting up a wall to try and cover at the bid...
earnings announced for Aug 1 -- 8 trading days away.
oh hell yes.
didn't even realize the annual shareholder's meeting + vote is two weeks away. and earnings are just a few days after that.
also didn't realize until today that the shareholder meeting is on a saturday!
OH MY GOD SERIOUSLY MAN? READ THE FILINGS, THIS HAS BEEN DISCUSSED AD NAUSEUM
THERE
IS
NO
DILUTION
IN
CVSI
THEY
HAVE
CASH
TO PAY OFF WHAT LITTLE DEBT THEY HAVE
you seem very knowledgable. my big question is where is RDGL going to get funding for distribution/sales/all of that..? what are their plans to execute?
if i understand correctly, they're fully able to go and sell this treatment now, correct?
Who is battelle? I didn’t see that they had 11%
The California thing pertains TO FOOD ONLY.
CVSI is unharmed.
CDEL on the ask just like before we had the major breakout. either a short or someone trying to hold it under $2 to accumulate.
oh my god you're seriously the worst. yes, yes, the chart right now has a ceiling at 1.94. whoa.
a few weeks ago it was in the 1.50s. jesus christ. stop posting.
bub, that's because the market had to quickly catch up to a fair valuation, which it's currently at. around 35 million a year in revenues and 200mm market cap is more than fair. especially when you consider their growth is just getting started.
don't think it was irrelevant at all. think it's total relevant to give SOME sort of update between quarterly reports. and the fact that they added 11% more stores is newsworthy.
further, what DO you like about this stock man? why are you here? it's not liquid. it doesnt have big moves. what the hell? how is this worth your time?
you can't argue with that daily chart. RSI coming off 50.
price doesn't spent a lot of time in between 1.90 and 2. expecting it to resolve up or down this week.
weekly candle forming has me thinking up.
price action reminds me of before it broke above .80 and never looked back.
also agree re: earnings.
eh, i don't think so
yup. and as we speak, it's upticking significantly.
no resistance on level 2. this thing is just begging to melt back up to 2+
don't forget the very real possibility that CVSI itself could get acquired.
thanks for your insight man. are you holding shares or looking to buy? would love to pick your brain in private. you on twitter? i'm @buncahn
just not sure what you're suggesting, dilution? the OS increased by hardly a million, which coincides with those form 4s. there's no dilution here. we've confirmed that over and over and over and over again.
the company has confirmed that what little debt they DO have doesn't need servicing with dilutive shares. because they have cash. plenty of cash, in fact, enough to cover their debt obligations.
perhaps they will in the next Q report due out in a month.
what would they need to do a cap raise for?
my man...did you not see the form 4s where insiders exercised rights to buy? that's what you're seeing. the OS has hardly grown.
shame. weekly chart has a very attractive pennant.