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No it’s not the turning point. That comes after first grow is completed and sold. We’re talking 6 months out.
Well look I’m a long so none of these bumps and bruises really matter BUT I concur with John that it’s not that bad of a dilution. I think they’d ideally want to finish Cali grow THEN uplist and spin off around the same time. Well experience another sector sell off in the meantime so be wary and just be patient.
They halt this stock QUITE A BIT imho.
That’s where my avg is and although I have 2500 shares I’m not too worried either. 800k sq ft of growing is JUST AS MUCH AS MEDMEN COMBINED growing capacity. SOMEONE will come along and buy them out. It may take a year or two but I’m in total agreement with tx. $30 by end of 2020...and I can wait.
Do you have a link?
I have both and added today
And you obviously missed the point.
I’ll add more when it goes under 2 bucks...until then I’m holding long. -50% isn’t something to write home about but my entire portfolio was blood red today. Ah well working for free for the next year
“Facilities and despensaries”
Medmen has both bro. Sunniva is just flat out behind
I manage multimillion (and some billion) dollar projects so I k kw a thing or two about car insurance ??
Good they’ll need all of the strategic help they can get at this point. I get articles every other DAY from MEDMEN about them acquiring either facilities or dispensaries. Meanwhile Sunniva is like a snail. They need a sense of urgency or they’ll be left with no chair.
Has anyone seen the construction updated on the Canadian facility? Look at the last 45 seconds there’s NOTHING getting done on it for 20-30 days. Unbelievable
Well WHAT DO YOU KNOW...another day of red. 8 more reds to go before we hit a green rofl.
Bro your PUMPING. Let’s have a reality check. The stock is down AGAIN. But you go right ahead and keep buying it right?
So we had a day of green...expect 9 more of red mmmk thanks typical Sunniva pattern. Are we long yet?
Lmfao it’s a model bruh.
Nope...none of it. Sunniva is just flat out not performing like the other companies in the sector.
I’ll start adding around the 2 dollar range maybe
It is what it is folks. Medmen is moving pretty fast as well. Sunniva HAS to understand that building a giant greenhouse when they’re are thousands already built and taking ALL year to do it was foolish. 2.00 within 3-4 months of no news no spin off (which may drop it further) and no grows.
That’s 5.27 CANADIAN
This sucker will pop...in six months when the first grow is ready. Expect nothing until then but a downward slide. The sad part is...it’ll be a dollar by that point.
It will head lower alright. To the 3 dollar range next week and a continuation down to 2 dollars unless they complete their facility and start growing.
Had a 50k order that didn’t make it. I was hoping it’d fill...@1.10 lol
My opinion is that MEDMEN should have a 10-12 billion cap NOW. They are making just as much as Tweed. Oh well I’m long
John this ones a 10-20 bagger in the next 5 years. A 2 billion cap is NOTHING. These guys are making more money than APPLE in the US per sq ft. I see them at 20-40 cap (80 dollar share price) in 5 years. EASY. After legalization? In the 200 billion cap range (10 years)
Market watch just PUMPED out another article that’s old news to keep this boat floating. Rofl
For fks sakes this POS can’t catch a break can it? I’m feeling dumber by the day putting my $$$ here. I’ll give it 3 months to get to a dollar
You mean 20 CENTS right? Because that’s where it’s trending not 20 dollars bro
It was probably a single buy...not much moves this stock. The pattern is absolutely horrid with no news and very little progress finishing the California greenhouse...shouldn’t have taken all year. They also haven’t progressed NEARLY as fast and it’ll take ALL of 2019 to get it built.
3.00 is my buy more cost as well
Honestly it seems to me like MMJ stocks shoot up...this one barely moves. But on a sell off? It just trends down. It has not re peaked like the others....bad news. At some point you cut your losses. These people don’t know how to get a greenhouse built fast do they? It’s been since what February?? Come on seriously?
As long as they give current shareholders equal shares for each I’m ok with it. They are taking their time doing ANYTHING regarding posting imo. The IR is horrible. Zero coverage and very few press releases for a firm that’s on the verge of growing 8 football fields in California and the same in Canada. It looks like their quarter revenue is still decent so I don’t have a clue as to why this is the only one that hasn’t popped.
This ones tapped out. 1.9+ billion cap on 22 million in sales? Unjustified and seeking a 12.00 buy in cost (after hours show a 6% drop)
It’s supposed to be complete by end of year. That gives them 3 more months to get a proxy vote. My belief is they are attempting to get first grow in and building completed by end of year then split off. I’ll vote for it.
That’s old news.
Sunniva STILL under the radar. At least until the facility is completed and first grow happens by q1.
https://www.newcannabisventures.com/24-top-revenue-generating-public-cannabis-companies-ranked-as-of-august-31st/
Look people don’t put 20 MILLION dollars into a company without expecting massive returns. I remember when Tweed was doing it for 2 bucks.
No Sunniva needs to stay under wraps. Not sure why they haven’t had us vote on uplist or spin out yet. Get it over with I’d like to see what the stock does on both exchanges.
Wait a week after crash then buy.
MJ sector is down and going to crash tomorrow...load up is all I’m telling you. Wait a few days though because this crash could be worse than January so WAIT several days.
Get ready for a run up on American pot stocks. Sunniva is absolutely timing the American facility correctly.
https://finance.yahoo.com/news/breaking-news-2018-farm-bill-143000638.html