CV Sciences Inc (CVSI)

[playofthedivine]

Emarld asked TheMonoliith yesterday: "

Your calls on intermediate tops and bottoms have been pretty good while you still being a long-term bullish on CVSI. Thank you for posting those. What's your thoughts on intermediate top and bottom. I am looking from the perspective of buying and don't want to be buying at the top.

Emarld: do you realize how many investors didn't get in at $4, $5 and yes, even $6, because they didn't want to buy "at the top." Darn, there were even folks here saying they didn't want to buy in at $3 because THAT was a top.

What most retail investors didn't get (because they didn't do DEEP DUE DILIGENCE) is how UNDERVALUED CVSI was at $2, $3, $4 and maybe even $5. So far, the market (mostly BIG MONEY) Is determining that even $6 is undervalued, otherwise, we wouldn't have seen the kind of buying volume and SP spike we saw Friday afternoon. Do you think these investors are saying CVSI has hit a top?? I doubt it. I'll go out on what I consider a "realistic" limb and say maybe $8-10 starts to look like fair value leading into Nasdaq application acceptance, Farm Bill passage and November 14 earnings.

How does Monolith or anyone (ever seasoned successful investors) KNOW what the top is or what fair market value is? there are just two many variables coming into play right now in this Super Hot Cannabis sector.

My two cents FWIW.

To be transparent, I did not expect this kind of bullish move. A month ago, I would have been ridiculously happy with a 50% return. Now I'm looking at an easy 400% around $11/share. At this point, I have no intention of selling anytime soon. I do see $20 to $30 after uplist, after Farm Bill Passage and after Q3 kickass numbers.

My 2 cents again.

GLTA