CV Sciences Inc (CVSI)

[Sound_Czech]

This too shall pass. Black Monday, the Asian Contagion (sounds racist now, apologies), the bursting of the tech bubble, the Great Recession. I was neck deep in the market for all of it. Some of it felt like a near-death experience. I was loading the boat as CNBC and Larry Kudlow said "buy the dips" in 2008 (idiots, both of us).

My point is that we always manage to get to the other side. Just like with CVSI.

I agree with Lady, and hope management didn't pay out another huge pile to end the Mona era. But whatever happened in Q4, I don't really care about the paper loss. $20M? Whatever, get it over with. I have full faith and confidence in CEO Dowling.

This morning I bought more stock at 1x trailing twelve month revenue. Unheard of in the hemp CBD or cannabis space. My bet is that CVSI returns to 20%+ EBITDA margin in Q2 or Q3 2020. If so, then 20-40 p/e serves up $2-$4 per share.

We shall see.