Replies to post #49068 on CV Sciences Inc (CVSI)

[Chirodoctor]

Great post Marty. Glad you had that kind of background so you can understand and transmit what it takes to create a new product.
Whoever it was that called it this morning about a down morning followed by an uptick had it right on. Just the bleep on the way to double figures

I didn’t catch the bottom although I did have a limit order at 4:44 which did not fill even though we did hit $4.44. But I did pick up some more earlier at 4.66 so I’m happy.
Thx for the shares. I’ve been in the stock long enough, for 4 years, to know not to panic when it drops but rather to buy up the dips.

[jefra1965]

One more thing no one has mentioned about the call yet, CVSI started sourcing it's needed hemp raw material domestically. This means another 500 to 700 basis points guaranteed improvement in the Gross Margin.
Instead of posting 70 - 73% GM, in the near future it will be 75 - 80% GM at least.
In a $100M sales per year run rate that will represent $5 to $7M in savings just from switching to domestic supply. How about that for efficiency. All ending up in my favorite metrics...FREE CASH FLOW.

Long CVSI.

PS I have noticed a change in trend today. CVSI is recovering faster after the regular drop the day after the Q reports. Those were some ugly numbers yesterday and that did not stopped savvy investors to buy the dip. I can see the day coming when the Q reports will cause some serious 20-25% upward runs.