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I am in this for the long haul. Great things coming this year not only for Surna but the whole industry. I'm just imagining where this will be by this time next year after CA, AZ, NV (entire West Coast) are all legal for Rec! Baaaam!!
Long Surna!!
I'll take a nice steady, sustained climb here!
They can't hold this down forever. I sense a big run coming here..
Large bids coming in..
Looking strong! Any news should send this flying! Go Surna!
I think the dilution has stopped or at least slowed down significantly. Those 0.0775's were sitting on the bid for hours today not getting filled.
That's great feedback. Thanks for sharing. I'm looking forward to a sustained move up here in the near future.
Volume is up today. But when will this damn dilution stop?!
Doc, you've been awefully quiet! What's your take on what happened on Tues & where we stand now?
Doc, you've been awefully quiet! What's your take on what happened on Tues & where we stand now?
Looks like it's consolidating here now before it runs again..
2016 Will Be Marijuana's Big Year
http://www.forbes.com/sites/debraborchardt/2015/12/28/2016-will-be-marijuanas-big-year/
California has the 8th largest economy in the world. When it legalizes recreational later this year, all bets are off.
http://mjbizdaily.com/high-expectations-seven-states-legalize-medical-recreational-marijuana-2016/
Any questions regarding the coming enormous demand for Surna's products, please read this article:
http://www.thecannabist.co/2015/12/21/growing-marijuana-indoors-energy-use/45448/#disqus_thread
Medical/Prescription grade cannabis has to be grown indoors for two main reasons:
1. The climate does not permit in most US states and especially not in Canada and definitely not year round.
2. Prescription grade products, like pharmaceutical, are produced in a controlled indoor environment where all critical parameters such as temperature, humidity, CO2 and cleanliness can be controlled.
Yes I think MJ stocks are going to get hot again. And this one is the leader of the pack. We've got 10 US states and all of Canada getting ready to come on line in the next year and demand for Surna's equipment is going to skyrocket! On top of that this baby is set to run on the chart technicals alone. I am in with over a 1/2 Mil shares here and I'm not selling on these little pops as I think I will go MUCH higher! Go Surna!
Wow! Can't believe that spike to .14. I loaded the boat hard at .07. Surna is going to kick some major a$$ this year!
That is great news! May I ask where you are getting this information?
Thanks Doc! Your insight is always much appreciated! Have a very Happy New Year!
Doc, what's your take on what's going on now?
Is that a good thing? Do you have a chart that shows that?
Me too! Nice work! Can't wait for the explosion in 2016!
Sounds like these guys have never heard of Surna! HUGE demand coming here folks!
http://www.thecannabist.co/2015/12/21/growing-marijuana-indoors-energy-use/45448/#disqus_thread
That's a very good sign. 2016 is going to be HUGE for the entire industry!
Where is the PAR SAR now?
Yes, I've been adding lots in the low 7's..
Totally looking that way. Thanks for your insight. You da man Doc!
Let's do it Doc! I'm ready for this baby to ruuuunn!!
What about now with this dip to .067?
I agree and Surna is developing this as well but hybrid greenhouses can only be used in certain locations where security (being able to see in) is not an issue. Also, you still need all the HVAC and climate control equipment there too.
A couple things..
Most states do not have the perfect outdoor climate like Northern Califronia or Hawaii to grow great outdoor weed. Think the rest of the country, Midwest, East Coast, all of Canada. Think harsh winters 6 months out of the year. It will have to be grown indoors.
2nd the future will be a much more regulated environment. Think pharmaceutical and the strict regs they have to follow. You can't control temperature, humidity, pests, etc.. outdoors. Regs will require it be done indoors in clean, tightly controlled environment.
Finally, quality. The best bud is grown hydroponically. Because again the more tightly you can control the plants' environment the better quality and yield you get.
So with 6 more states and all of Canada coming on board, how will demand for the most technologically advanced and energy efficient indoor grow equipment on the market not skyrocket?
Agreed Doc! I don't see it going much lower than this. Any quick dips into the 6's from here & I will be scooping up shares. Also Q4 should be a great quarter reflecting reflector sales (no pun intended) & ever increasing revenues as we approach profitability. I think next year with Canada and California going legal it will be blast off for the whole industry with potential repeat of 2014.
It looks to me like the selling has slowed down significantly. The bid is sitting there not being gobbled up like it was before. That either means the shares are drying up and/or they're not willing to come down any lower on price. This perfectly sideways chart is interesting too. Thoughts?
I bought more today too. Holding over 400K shares now. This baby is going to rock it next year. We've got the entire country of Canada and 6 US states getting ready to go Rec next year. I think it will be big boom for the whole industry!
You still stand by .068 being the bottom? I'm tempted to buy more here as we're below the RSI30 but there's a lot of selling going on and I think we could see 5's or at least 6's.
You still think it won't go lower than .068? How do you weigh the chart technicals against how much dilutive selling is left to go?
I disagree. Most growers are adverse to switching to LED lighting. It puts off a different spectrum and light pattern and affects quality an yield from the plants. If you ask most growers, they'll tell you that HPS lamps are still the work horse in the industry. In the past growers might have switched to LED's simply to save on energy costs. Now that Surna has the water cooled reflector and you can have the best of both worlds, a HPS lamp with the energy efficiency of LED, it's a whole new ballgame.
Very well said prajna!! I continue to add to my long position at these levels. This stock will fly next year as the company becomes profitable & we approach the elections potentially making the entire West coast legal for Rec! The market and demand for this equipment can increase 10 fold. The Amazon of MJ right here!
Long Surna!!
Nice jump today. This will break .13 very quickly and when the Q comes out hold on to your seat!!
I think net revenues will be at least double those of last quarter, $3M+. And net losses proportionally to that should be down.
I agree their costs will have gone up as well but their profit margins should be healthy enough to carry them to profitability next year.