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This company remains the Levi Strauss of the Weed Rush. Glad to see the tides change and am looking forward to the future. I dare to say this, but with some sustained profitability quarter over quarter we could head towards dollar land in 6 months to a year! :-O
Long SRNA all the way.
The house spending bill has a clause protecting states from the fed coming down on them. 2019 could be a potentially big year for legislation on a federal level.
Severely oversold with RSI floating around 30 for the past few weeks. The ship will right itself and we should bounce back into the low teens shortly. Excellent opportunity to get in on a company whose fundamentals have not changed and the potential upside continues to grow (NY legalization coming). Profitable quarters will happen in 2019!
Bit of consolidation today after that Friday afternoon jump. Priming up nicely for a ride up this week.
Some consolidation across the market today but SRNA rebounded well.
How sustainable is this latest “cali is now legal” run? With Canada around the corner and Massachusetts sales starting in July is there enough positive news to keep the market at these new levels?
Welcome to the 30s!
Seems like things are shaping up for quite a run here. If we break into the .30s (which we should see tomorrow) she could easily run to .50 followed by dollar land. Good luck to all onboard. SRNA Long!
Setting up nice for a bullish run soon. Golden cross fast approaching. I think we will test .20s again in the next month or so. Good luck to all the other longs still holding out on this one!
Regardless of this having potential or not, it trades on the hope and/or hype for the legalization of marijuana. Despite the current administration fumbling around in the white house the outlook for legal pot has never been better for states and obviously our neighbors up north.
This stock had no business falling to the levels it did without some sort of manipulation or mass selloff. I'm still standing behind the fact that they are the Levi Strauss of this industry and will continue to show promise ahead of others in the segment. Long SRNA all the way despite this disheartening blow we have felt over the past few weeks.
This company really can spin news in the most depressing way. Instead of commenting about the millions of dollars of contracts they have on the books they rather discuss the complete risk that they pose and mention ohh we might not have enough cash to keep our own lights on let alone sell them.
I still believe this company is fundamentally sound and has huge potential but the PR and the way they choose to use their wording on contracts and prospects is dismal. It should be a disheartening day as people respond to those words and overlook the potential they embedded in all this mess.
I moved money days ago when this started to slide to 15. When it clears tomorrow I can't believe we will be in the 12s. Nothing has fundamentally changed and Q1 earnings are right around the corner. I can't see how the bottom of this V isn't soon.
Long time holder since the .07 days with no intentions on selling any shares until we are in dollar land and beyond.
Most of the other plays I made in the MJ space have capsized 70% off their big runs back when it was certain a dem would still be in office.
This thing never got the same hyped run up and is the most steady and safe bet (IMHO) for legal MJ. Can't wait to ride it up with everyone!
In my opinion this stock will operate in a channel between .10 and .15 until they have some positive news in ways of contracts in new states (wouldn't hold my breathe on any PR from them tho), earnings showing a profit, rejoice when Trump is impeached, etc.
The Sessions pullback that the entire sector is feeling is overreaction and itchy fingers who are nervous and were never here for the long term. If your play in this company is LONG you will be rewarded and the entry to get in won't be much better than it is right now... again in my humble opinion.
The entire market is pulling back following the election as there is no more news or speculation to pump. It's terrible to watch SURNA get dragged into this as they are not a pump and dump company. The bottom will settle in soon and it will be a longer path to head back upwards but this company should be one of the first to benefit from the boom that is undoubtedly coming. Let those who wanted the quick and smaller profit run. Be patient and gobble up what you can now for the long hold.
Surna is hiring both sales positions and engineers on their site.
The gold rush is about to hit them hard when Cali (and others) legalizes. I've invested in this company for the long haul and will continue to hold my 7 cent shares long into the future as they are positioned for record sales quarter after quarter.
The entire MJ segment was positioned for a consolidation before this PR hit. The PR and the ill timed news of the CEO selling shares is an overreacted and exaggerated consolidation.
When the dust settles CANN is still positioned to have a market 6x the size of Colorado open up next door when prop 64 passes. They will get their piece of that pie, will you get yours?
It will be back to 5 come election time.
The catalysts to propel CANN upwards still exist.
They publicly addressed the BS today and all the upbeat positive reasons this stock was moving upwards are still relevant.
Really interested to see what happens at the end of the day. Talk about a great opportunity to grab more shares or get in for those who have been watching this monster grow for the past month!
closing at 4.20 ... how fortuitous
I'm much more of a lurker on this site but when I saw the price at 1.69 I had to share this ...
% Off 52 Week Low - 420.00%
Is there a reason why the float remains the same yet you continue to come in here crying dilution?
It's nice to publicly hear that you are shorting this company. That should help anyone listening to you understand your true intentions when you ramble on and on with no facts to back up your lack of support for this company.
Because it CANN