CV Sciences Inc (CVSI)

[chilling]

"I’m bearish about the stock of CV Sciences, Inc. which is down ~45% since reporting disappointing Q3 earnings on 11/5/19. The chartist in me believes that a new YTD low is looming on the horizon given its weak trading pattern.. CVSI has recently disclosed that co-founder Michael Mona III submitted his resignation from his position as the company’s Chief Operating Officer (“COO”), effective 1/1/20. In my view, his upcoming departure adds a pronounced degree of uncertainty regarding the future direction of the company as well as Mr. Mona’s potential disposition of part or all of his substantial holding of CVSI stock."