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Interesting because he's (Alan Brochstein) been such a critic. He loves to bury companies for paid PR so a buy is the ultimate tell IMO. Surna still concerns me with regard to cash and the .16 level raise. However, if it break through .16 and we get a firm grip on what's needed (or is in place) cashwise, I can envision a huge run ahead.
Absolutely agree.
I liked the letter too. With the last $ sitting at .16 we have a pile of shares set to hit the market at that #. If they can build a revenue story and get those shares in the market, they can survive the sell-off. I'm hopeful that they are communicating with everyone that came into those raises and have a strategy to avoid a huge negative run. I'll be interested to see what the actual cash burn is. The $900,000 cut will be immensely helpful. The CEO seems great. I hope he stays.
News sure would be nice. I'm guessing this is based on an amazing 10k. If it isn't... ??
I'm with you!
This is such a crazy drop I'm a little stunned. Last Q was their best ever IMO. I have to believe this as close to a low as this stock can get. I'm tight with cash but consider putting it all on a nice chunk.
Thanks all
Who was Smiens?
Sinking, slowly. Wish I could buy right now.
Yes and yes
Agree!
Bechtel came out of retirement to get the company into a good place and grabbed a nice pile of shares. As stated, although I didn't speak with him, I do know the company. It's been my understanding that there was going to be a move like this as soon as the right person lined up. Now they have a CEO who lives in Boulder, which will save costs of travel. They have a guy who has run very successful climate control company. And they have a guy with perfect pedigree. The last Q indicates a very solid financial basis. Best ever IMO. Watch this stock, $ is coming. Now they need an IR machine that actually does something. People want news!
Very true. And I think buying between .05-.10 is going to make people a lot of $$$.
Finally a CEO who understands cooling! Definitely not leaving this stock. I've seen Surna live at shows lately. They were swarmed IMO.
Has everyone left Surna?
Somebody throw Surna a life vest.
The land of crickets. Not much excitement for Q3 is there? Makes sense. I predict a new year run.
Both are nightmares for sure.
The US OTC cannabis market is getting killed by the brokers right now. They aren't allowing people to deposit certs and you have places like Merryl refusing to sell. What's resulted is ultra-consolidation of shares and, henceforth, action. The feds have to quit screwing us here and build protection in for the brokers.
Let's hope it's beginning.
Surna had had a heavy presence at recent shows I've been to. At NCIA they had a big booth and word was they were slammed. MJ Biz is next week. I expect another big run. My guess is January again... but praying some of these jobs flipped in Q3 for nice revenue #'s. This company will be acquired by a Trane or Carrier of the world as soon as the feds flip. Two years tops.
Wish I had $ to load heavy right now.
Sad day. Although I think a run is coming.
Enabled the shorts to cover some and now Surna rises again.
What's the bottom here?
That's the damn truth. Wish I could buy a bunch at today's price.
I give up. Jesus. Changed "priced" to "proceed."
Ha. Proceed to price that is
If you see the message I wrote before it autocorrected the word "proceed" to "price"... henceforth a post that said, "price not proceed." Now you know.
Priced not proceed
That just gives people lower proceed shares. Surna is a long play. That's all there is to it.
I'm thinking it's time to load. My guess is we may see a small dip or two but I also feel like a great run is imminent.
Love to get some technical analysis on this from you technical peops.
So true. Such a predictable pattern.
I'd love it if you're correct...
Buy time if I had it.
Buy time. Thinking we could see .125 with this week though.
Another great move. Don't sleep on Bechtel.