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See how fast these things happen? Good thing it rebounded. Thanks for .23's BTW whoever sold em to me
I wont say any names but yes - hot heads... they get very riled up and we're all on the same team!!!
Welcome to the club my friend
SRNA
Careful how much of your strategy you reveal to other members active on this board. Lots of hot heads LOL
Dilly Dilly!
Surna Inc (OTCMKTS:SRNA) Updates On Sales Contract Backlog
Published
58 mins ago
on
January 3, 2018
By
Melissa Kay
Surna Inc (OTCMKTS:SRNA) Q3 2017 backlog of $4.311 million comprises of $1.972 million attributable to sales contracts implemented during the quarter closed September 30, 2017, and the remaining $2.339 million related to prior quarters. Nearly 45% of Q3 2017 backlog, 30% increase from Q2 2017, is attributable to assignments for which company has not received a further deposit on its proprietary equipment, hence there are possible risks of project delays or cancellation.
The details
The increase in backlog can be attributed to new contracts awarded in Q3 2017 totaling $2.385 million, bringing their total new sales contracts conferred for the nine months closed September 30, 2017 to $7,182 million. However, depending on the prevailing status of their outstanding sales contract, they consider at least 50% of their Q3 2017 backlog could be recorded as revenue in Q4 2017.
In an attempt to increase Surna bookings of new sales deals and grow revenue, the company is in the course of upgrading its lead generation and business advancement system; overhauling project management processes; continuing to build its direct sales team with experienced personnel; reallocating sales territories to enable the sales personnel to emphasis on individual regional requirements and to become personally involved in the respective markets; and implementing better management information systems to enhance sales pipeline visibility and the related accountability for each of their direct sales people.
However, the ever-changing nature of their sales and the needs of their clients make it difficult for them to predict when they will recognize revenue. The company continue to remain focused on swelling its sales contract backlog and getting larger projects in an attempt to increase revenue.
On Thursday trading session, the stock price of Surna gained more than 2% to close the day at $0.223. The gains came at a share volume of 3.12 million compared to average share volume of 826,617.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure
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Sure I left some meat on the bone, but Ill continue to buy the dips as I have been.
Got my .202, already sold for a quick gain. Ill buy again next week ;)
GOOD LUCK
SRNA
Yes I am, got out at .24. Why wouldn't I want to buy back in? Been doing it for years
Another unrealistic person trading with emotion? Ive traded in and out of this for the past 2 and a half years now. Not about to change especially considering the numbers. She'll pull back again, anything more is unrealistic
I mean u can think its all peaches and cream but truth is this can drop at any moment and it already has run in the short term, chart will need to cool off for a couple days, .19's .20s coming IMO
Sold my position at .239. Will definitely be a buyer at .20 if it does dip. Wont plow ahead forever
SRNA
As previously stated - potential pull back coming next couple days. .19's JMO
SRNA
More than 300k shares on the ask under .215, 45k shares on the bid between .19 and .2, L2 doesn't lie. MMs aren't ready to let 'er rip just yet
SRNA
Big walls on the ask, looking at a pullback (I.E. another buying opportunity. Sell and buy back in a few days imo
SRNA
We could be getting launched past .20 today... as Samuel l Jackson once said.... "hold onto your butts"
SRNA
My jedi senses were tingling this morning.... must be because I saw the last jedi last night. I love when Im right hehe
SRNA
Based off bid and ask premarket, looks like we're going to be off to a great start this morning, I think we'll be gapping up and breaking through .1776 and .1827 resistance and testing .19. If we break through .19 get ready for lift off. Something's definitely stirring here, the past two days of MM's sitting on .17 bid with tens of thousands of shares is definitely leading me to believe we're about to see some action. As always, this is my personal opinion. GLTA
SRNA
Lots of bid sitters (oops I mean bid support) at .17. That's pretty much all thats holding us back right now
SRNA
I tend to disagree, only because momentum is clearly building. Eyes are on this right now and tomorrow could be a big green candle and if it recovers back to .18-.19, I think we will have a run past .20. If we see a red candle into the .16 range tomorrow, then it could be another walk down, but in pennyland anything is possible. Tomorrow is a big indicator of what direction SRNA is headed
Morning pullback, afternoon push
SRNA
Ive seen a lot of power hour, eod pushes with SRNA over the past couple years. Very possible after the week we have had
SRNA
Golden cross (50/200sma) on daily chart, this should pop up on traders' radar as a sign of bullish momentum
SRNA
Momentum has been building for a good week here. Not too late to hop in, multi day run ahead imo
SRNA
Start of a big run here.. Will be testing/surpassing 52-wk high near term
SRNA
Looking for that bounce anytime now
QNST
Pistol Pete!! Looking prime for lift off !!
QNST
The volatility here is astounding. Makes it hard to swing trade when its this unpredictable.
SHE JUST KEEPS ON TRUCKIN'
QNST
Big things happening here, 12.50 no problem. 18 maybe? Highly possible in 2018
QNST
Nothing like the morning dip and rip
QNST
GM ALL! BRINGING ATTENTION TO THIS GEM:
QNST - https://www.barchart.com/stocks/quotes/QNST/opinion
QNST - DESERVES ATTENTION https://www.barchart.com/stocks/quotes/QNST/opinion
Adding to my position tomorrow, hoping to get some attention to this. Lots of money to be made here QNST
Steady trendline up, but in 10's tomorrow, sell 12-15 dollars late week
QNST
BIG UPSIDE, NO DEBT AND GROWING REVENUE
QNST
Surprised theres no activity here ... Just found this little gem today, wish I had found her 3 months ago!!! Chart showing lots of room for a run. Multi days run here, HUGE POTENTIAL. LOTS OF UPSIDE
QNST
No consolidation here. Just a stinky stinky penny stock. Glad I didn't buy into the hype
Good luck guys
Always haha. That's the name of the game here. Buy the dips!! Ive bought and sold 5 times here