CV Sciences Inc (CVSI)

[Chargers Beat Writer]

Here is an observation that you take it for what you think it is worth:

I am following another stock which I do not yet have a position in that also reported yesterday.

ShotSpoter SSTI has a software system that detects gunfire and reports it to police for rapid response. They have a similar system for fires. SSTI quarterly results in some ways closely resembled CVSI.

They posted their first profitable quarter ever at .03 per share profit and are now on pace to have their first profitable year. Yet, their price per share was down about 10 to 15% of this morning.

If you take into account that they only have 11 million shares, their price per share is almost exactly the same as CVSI.

My conclusion is that maybe both companies are currently fairly priced based on the market which is different from a year ago with trade Wars concerns.

I have some of my shares and CVSI as low as a quarter with an average of just over a dollar. I'm confident that as revenues continue to increase at such a high percentage that in the near future we will again see a pop and price similar to what we did a year ago. Just hold tight!