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I've been holding 10 years. Just took out all the money I put in, plus some and still have half my shares, dont worry. Gonna flip it on the way up. Done being a bag holder, find someone else to hold the bag for ya
Still holding a few for the ride as well
I put a sell at 12.6. filled at 13.9
Money Gods are smiling on me today it seems... Trying to buy back in 7.26 now
Can you post L2 for me? Not trading the pennies anymore just been holding the bag a looooong time
My first pump and dump, took a 15 min shower and lost 50%
Lessons learned
I've been in this stock since 2008! Let's see some damn returns haha...
Bidding 12.60
Wow $6 already!! $20 today??!!
What if it becomes a cannabis company? Boom!
Can it see $20 today?
I've been holding this for a long time from a previous pump. Was actually the first pump and dump I ever got caught in. I made some profits on another pump and still had some shares.
I'll be happy with $12
She's going hard now! When this runs it runs like crazy...
Where she stops?! Nobody knows...
Were not going to go parabolic on revenue numbers, but the irrational exuberance of the uninformed! How do you think tilray did it?
She's gonna pop soon.
Going for $1 this time...
If the cannabis momentum comes here it could be at $2.00 in a few trading days. Just needs some exposure and a nice catalyst and it will be a big ride.
Exactly as I took it. Keens are taking a slow exit which benefits all shareholders, and other management are taking a larger stake. Excited to see where this company goes in a few years.
I am part of the design and buildout of a large facility in Canada. Surna has done an excellent job with all the engineering. I have seen their marketing effort at conferences, and their equipment onsite. I believe it will all come together, especially once cannabis goes full legal in the US, as they will be able to leverage their experience with a massive influx of new capital. Most extensive DD I have done on a cannabis investment so far. Especially as margins depress energy efficiency will become Paramount for indoor growers.
The company basically got free money since it sold shares at .16 and bought them back at .128.
That is good for the shareholders, is that so hard to understand???
Bash more, k thx bye!
Have you been to many conferences? I have seen a $100k booth at a conference. I can see they are spending money and we have their products on hand. What US based public co has more legitimacy? I don't see any other US companies putting that sort of marketing effort at a Canadian conference.
I work in the cannabis industry, have done my DD. Holding for dollars...
What will the revenue be when we have worldwide legal cannabis in 10 years?
Flip all you like I'm holding my .07 shares for a long time.
The people who just bought $1.2 million in shares only needed to spend another $100k today to make their shares go up another $100k. These are smart investors who waited till the bottom to make a big purchase and now will run it up.
Buy when there is blood in the street..
See y'all at .50
The new investors bought in at .16. Keens are selling out for less as a show of good faith to shareholders IMO. They could have done it at a higher price but this helps us out.
Market is liking it too...
You guys can moan and groan all you like. When federal laws change in the US this will be a $5 stock overnight. Holding till then.
All the Surna equient has arrived at the facility I work with in Canada. 17 grow rooms ready to rock. Can talk wait to see the CEA in action!
Should be well over $10 soon I think!
Who is ready for Dollar Land!?
Added more today, these prices are tasty
Do you have proof of embezzlement or something? Or just referring to paying himself salary without any profits?
Saw my coworker drinking water from a Surna glass today. Checked out the equipment at the build site last week. Saw them at the Vancouver lift expo last month. Solid products, real marketing effort, huge growth potential.
Any comparison is really laughable. If this was valued the same as chronos it would be worth billions. People are in a production bubble. But in reality picks and shovels are raking in the cash.
Hoping it stays under .30 for a while longer, I want to load more.
I'm feeling a bear trap before the next big industry push.
Big pullback on the industry was expected especially looking at huge Canadian LP valuations, but the drop here is just the sector connection not this being overvalued, imo. I think it is now under fair value, will look to pickup more shares here coming up.
Cannabis is speculation land right now and thus lots of volatility. Bulls made money, bears made money and a lot of pigs getting slaughtered here.
Buy when there's blood in the street...
Just got in here. On the Canadian market at $11.5
I think $40 in a year
All the opium grown for medical purposed is done outside.
If you're selling dry herbal buds as medicine indoor is better for environmental control of course. But the bigger medical market is in extracts and oils which it doesn't matter if the API (active pharmaceutical ingredient) is produced indoors or outdoors. You can get extracts grown from outdoor plants gmp approved.
And sure there will be Frost's and bad harvest but you guys are missing something big.
Canadian government thinks they will need 600 000 kg a year to meet legalization demand.
Outdoor can yield 1000+kg per hectare.
In Canada there are over 10 million hectares grown for food and fibre crops.
So if 0.1% of farmland was converted to growing Cannabis (10 000 hectares) it would produce over 10 times the demand for cannabis.
Consumer value per hectare of grain:
Maybe $5000
Per hectare of hemp seeds
Maybe $20 000
Per hectare of drug type cannabis
$10 000 000
Economics dictates that it will be grown outside soon.
Harvest one just bought 400 acres in BC to grow outdoors...don't be naive it's a plant it will be grown outdoors. And when it does the price will plummet and any big indoor producers not producing best weed ever will go broke.
Good luck
Of course multiple crops in multiple climates, in farming you might loose 1/10 crops, but overall cost of production will be much lower.
As for intentional fires and such, in Canada outdoor grows will require fencing and camera vision of the entire premise. So security will probably be much higher than Cali.
Volume picking up here, still very low but higher than nothing...
Really I am naive? I think investors who think a business plan based around growing an agricultural crop indoors for 100x the real production cost outdoors is a good idea are naive. I have worked in the acmpr since 2014,
These companies are castles made of sand, and I can't wait to knock them down.
The market caps in this sector are pure speculation, and your fooling yourself if you think otherwise.
Good luck!
This trading pattern is awesome. Break into .30s consolidate a few days, break into .40s consolidate a few days.
Slow and steady keeps clay away...
This stock has a tendency to have big swings, being a low floater.
Dropping back to .30 is very well possible, especially on a flash dip tomorrow. I'm getting my cash ready now, thanks shorties!
Let me say I don't believe that $4.20 is based on current fundamentals, but current investors sentiment and momentum in the cannabis sector. Coupled with the technical signals here on srna the Outlook is Uber bullish.
Smoke em if you got em!
Check out SRNA. Good cannabis company. I work for a canadian lp and we recently bought equipment and services from them. Good potential.
Already tested >20% thc from outdoor crops in Canada. In BC there is a desert area which stays warm and dry until November, perfect for weed. UV (blocked by most greenhouses) boosts cannabinoid production, hence most green house crops test lower than outdoor.
Indoor>outdoor> greenhouse
Outdoor growing becomes legal in July of this year in Canada. I would be very worries holding these bloated overvalued companies with outdoor coming.
Already have multiple farms lined up and breeding strains for different outdoor locations.
Have extraction equipment being designed and tested to process 1000kg fresh cannabis an hour. Sure it will take until after 2020 to catch up with these guys. But when the margin depression comes outdoor growers will win over giant greenhouses 9/10 times Imo.