CV Sciences Inc (CVSI)

[Deewar25]

really a perfect storm here for monday - you have Charlottes Web IPO, direct peer, EXACT same quarterly on their last report as CVSI recent one, and they are getting valued at 620 million, then earnings here - run rate now of 0.14eps (even with no improvement) puts it only at a PE of 21 - this sector, this growth, 50 is totally fair - thats a $7 stock. Based on Charlottes Web (and that is just their value at offer price, not if it spikes Monday), I think a 500m cap would be considered conservative since we are comparing 3 months back, well that is $5.40.

As fundamental goes, this is a $6-7 stock now IMH...it IS OTC however, and no one gives a crap about fundamentals anymore, but I am saying, on paper, that is a fair price and you can actually calculate a rationale behind it!

They don't need the RS - that 3.2m net decided that IMH, its just too many chartist have no friggin clue how to actually value companies so they 'get in the way' with their one dimensional thinking.

Give it time, north of $5 by end of summer IMH if not sooner.