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microcappatty

04/09/19 2:12 PM

#47597 RE: deswag #47594

My investment in CVSI is not about making quick money. I am in this for the long term. I believe 1000% in the future of CV Sciences and CBD. We have not seen anything yet, so it would be an insanely bad decision to take profits at this measly price; this is easily a $100-$200 stock in the future.

So, to answer your question, I am not complacent-- obviously if the company began heading in the wrong direction and making bad decisions I'd re-evaluate the situation. However, they have done nothing but make excellent strategic moves and I have every confidence that the company will increase in value as the CBD industry/market matures. Strangely, it seems that many seem to forget is that management are shareholders, and therefore are all incentivized to make the company's value increase. This is why we have an excellent share structure with a very low O/S, zero debt, lots of cash, and all-around excellent financials.
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ap17

04/09/19 2:13 PM

#47599 RE: deswag #47594

Make no mistake, some NOT ALL here who bought in at cents .13 thru .50 also added at dollars. Those are facts! The only failures I wish are those deserving it, they know who they are.
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SpaceLady

04/09/19 4:11 PM

#47617 RE: deswag #47594

Fair enough. I’d have a lot more leeway if I would have invested then as well. Glad that many here realized those nice gains honestly.
However, does that past gain make you complacent with whatever plays out in the present/future just because it was a 10 bagger for you? Does past performance equal lifetime loyalty?
Side note: I’m not trying to antagonize- to each their own. Just seeking honest dialogue from a longtime holder.
I hope everyone (traders and longs) fulfills their investment goals. I’ll never understand people wishing others failure.
GLTA


I will admit, I am one of the ones who purchased this stock 2.5 years ago. I still worry about the swings on this stock, but what keeps my spirits up is the recognition that CVSciences is getting for it's products and processes. I admire how management grew up (and is still growing) to own their actions, make corrections, hire a stellar team to more the company forward. If one stood back and looked at CVSI objectively, they would acknowledge the growing pains, the scars, as well as the great company that is emerging. This is not easy to do, but any great investment is worth it.
As far as those who purchased to trade this stock, I cannot speak to it; but those that purchased this stock to invest at higher SP than today, I will say this. I have done the same with other stocks in the past, a great example is HP stock, at one point, I was in the red with it for years, but during that time, added to my position, eventually earned a 10% return. That is not much, by some standards, but it was a gain because I held. Investment is speculation. period. sometimes one wins, sometimes 1 looses.
BTW, for me, in 40 years of investing (savings for retirement, not professional by any means), CVSI is the only stock I have ever purchased that grew at such a rapid pace. I consider myself luck to have found this stock. So I think I know how others are feeling who purchased at a higher SP. My advise is either hold and see what happens, or sell if you will sleep better.
Cheers!
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Koelma

04/09/19 5:23 PM

#47635 RE: deswag #47594

100% Agreed!
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motorcity

04/09/19 7:14 PM

#47643 RE: deswag #47594

My loyalty is to what I think the stock will do, not what it's already done. And I'm unaware of a better risk v reward out there.

I've been long in CVSI and have often thought about moving on. I've done well but I think there's more upside left.

My target is $7.50 this year on the OTC. But I do think after a NASDAQ uplist it should be $10-15. Until it hits $7.50 and I feel the uplist is no longer a possibility then I'm holding.