CV Sciences Inc (CVSI)

[zizzy]

I've been thinking exactly that. I've been an avid long of CVSI for the better part of a year now, but I feel like the carnage is going to continue for a bit. A lot of people keep going back to the merits of the company, which haven't changed. But the fear mongering indeed had an effect on the comfort level of many investors and hence on the momentum for sure. As long as management gets on top of it with good communication and as long as the accusations have no merit then I think longs will be fine. But I don't see it bouncing right back up like a lot of people are saying. The damage has been done. I imagine there were a significant number of investors who didn't get the news until after market close. We'll see what happens in the am. The other concern I have is if and how this will affect the NASDAQ application process, especially if the price drops consistently below 4. The potential of the uplist was one of the reasons that momo got so high. Failure to accomplish uplisting could really pound the stock.