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1
Posted on 3/29/19 at 11:45 am to Brettesaurus Rex
Hopefully it will start swinging in a positive direction when product is actually on the shelf. LA’s finest seem to not want the marijuana biz to succeed before they can find ways to line their pockets.
Posted on 3/29/19 at 12:19 pm to Cwar11
Damn big sell must have gone through
Posted on 3/29/19 at 1:01 pm to Brettesaurus Rex
What I want to know is who the frick sells at $0.026 when every other trade today was above $0.03
Posted on 3/29/19 at 2:23 pm to rowbear1922
Especially when it happens on 104 shares. Manipulation.
Posted on 3/29/19 at 2:52 pm to TigrrrDad
So could I put a sell at $2/share then open a Robin Hood account and put a buy at $2 for like 5 shares?
I mean if we are going to manipulate this shite, let’s all make a bunch of money off morons then buy back in when they all sell and realize it’s only currently worth $0.03......profit
I mean if we are going to manipulate this shite, let’s all make a bunch of money off morons then buy back in when they all sell and realize it’s only currently worth $0.03......profit
Posted on 3/29/19 at 4:16 pm to rowbear1922
LVVV isn’t available on Robinhood.
Posted on 3/31/19 at 9:55 pm to High C
What’s another weed stock to throw a $1k at? I have LVVV, ACB and MMNFF.
Posted on 3/31/19 at 10:03 pm to 7LSU7
cgc, tlry, gwph have all done me pretty good. well except for tlry.
Posted on 3/31/19 at 11:31 pm to 7LSU7
Hexo.
And I still have hopes for potn
And I still have hopes for potn
Posted on 4/1/19 at 10:24 am to TigrrrDad
So I've looked over this thread the last week or so. Might have read about half of it.
The dates I saw mentioned that people thought LVVV would go up is the end of the 1st and 2nd quarter. Are you guys still confident that this will at least double by the beginning of July?
The dates I saw mentioned that people thought LVVV would go up is the end of the 1st and 2nd quarter. Are you guys still confident that this will at least double by the beginning of July?
Posted on 4/1/19 at 11:44 am to LB84
No. I don't see any catalyst in the works now that would get this thing above .035 or so. The revenue that is coming, is entirely what the value has to be based on now because there is nothing else of value; unless you think craft weed is a thing and they have some strand that people are going to want. Therefore, I do not believe the revenue that is supposedly coming in the 2nd quarter will be a massive pop.
I sold 30% when it got above .03 last week; and I'm going to dump more if we get back there. (stuck that money in an emerging market ETF which is up 2% already so I doubled down on luck) I'm going to ride $500 or so out to 6 months after they start bring in revenue and look at it again.
Long term it seems a buyout for their future existing licenses down the road is the most likely bull possibility. Short term, you could see a 15% or so gain I guess which is stellar; but you could also wake up on any morning and read that they ran out of money or did something highly illegal and lose 50%.
I'm not even close to a startup cannabis expert though so take all that with a big ole grain of salt.
ETA: After the sale last week, I still have about 60k @$.033 FWIW
I sold 30% when it got above .03 last week; and I'm going to dump more if we get back there. (stuck that money in an emerging market ETF which is up 2% already so I doubled down on luck) I'm going to ride $500 or so out to 6 months after they start bring in revenue and look at it again.
Long term it seems a buyout for their future existing licenses down the road is the most likely bull possibility. Short term, you could see a 15% or so gain I guess which is stellar; but you could also wake up on any morning and read that they ran out of money or did something highly illegal and lose 50%.
I'm not even close to a startup cannabis expert though so take all that with a big ole grain of salt.
ETA: After the sale last week, I still have about 60k @$.033 FWIW
This post was edited on 4/1/19 at 12:33 pm
Posted on 4/1/19 at 3:59 pm to Pendulum
I completely disagree with this assessment. Completely.
All of the reasons have been laid out in this thread.
More than anything, I'm confused by this sentiment, especially since you referred to the Paso Robles operation as "tiny". We just ran from .02 to .0315 on news that we hired 2 guys on the distribution end and are increasing the nursery square footage from around 300 sq. ft. to triple that amount.
Yet the Paso Robles operation will have over 10,000 square feet of nursery space. I don't understand how you don't see this as a huge catalyst - it is pretty much the biggest thing LVVV has been building towards. I'm curious if you fully understand the difference between a clone nursery and an operation that grows to flower? 10,000 sq. ft. is pretty damn big for a clone nursery operation (but would be small if it were for a growth to flower operation). Especially since it's the first one licensed in that county. That one warehouse can crank out millions in revenue monthly at capacity.
This leaves me scratching my head and wondering if you read a single thing about LVVV, the future plans, and the plans already well underway.
Okay, now I have my answer. You have no clue what's going on with LVVV.
All of the reasons have been laid out in this thread.
quote:
No. I don't see any catalyst in the works now that would get this thing above .035 or so.
More than anything, I'm confused by this sentiment, especially since you referred to the Paso Robles operation as "tiny". We just ran from .02 to .0315 on news that we hired 2 guys on the distribution end and are increasing the nursery square footage from around 300 sq. ft. to triple that amount.
Yet the Paso Robles operation will have over 10,000 square feet of nursery space. I don't understand how you don't see this as a huge catalyst - it is pretty much the biggest thing LVVV has been building towards. I'm curious if you fully understand the difference between a clone nursery and an operation that grows to flower? 10,000 sq. ft. is pretty damn big for a clone nursery operation (but would be small if it were for a growth to flower operation). Especially since it's the first one licensed in that county. That one warehouse can crank out millions in revenue monthly at capacity.
quote:
The revenue that is coming, is entirely what the value has to be based on now because there is nothing else of value
This leaves me scratching my head and wondering if you read a single thing about LVVV, the future plans, and the plans already well underway.
quote:
unless you think craft weed is a thing
Okay, now I have my answer. You have no clue what's going on with LVVV.
This post was edited on 4/1/19 at 4:35 pm
Posted on 4/1/19 at 4:35 pm to TigrrrDad
You could be right and you definitely know more than I do about this stock.
Just a different view with less specific knowledge.
One thing I maybe am not getting across is I don't really see a huge downside with the stock, doesn't really seem like they are taking much risk or liability on at this point so I don't see how it could crash but you have to do those things to grow at a rate that brings equity value. I just don't see the high ceiling you do.
But I have no problem being wrong, it wouldn't negatively effect me. Just some dissenting opinion.
Just a different view with less specific knowledge.
One thing I maybe am not getting across is I don't really see a huge downside with the stock, doesn't really seem like they are taking much risk or liability on at this point so I don't see how it could crash but you have to do those things to grow at a rate that brings equity value. I just don't see the high ceiling you do.
But I have no problem being wrong, it wouldn't negatively effect me. Just some dissenting opinion.
Posted on 4/1/19 at 4:36 pm to Pendulum
It's not that I have a problem with people thinking LVVV’s plans will fail and the stock will tank - I'm just wondering if you understand that the bulk of the operation (if you discount the distribution end) will be clone sales to large scale growers, and what exactly that means. It's like we're talking about two different operations here. I had to keep rereading it to make sure you were actually responding about LVVV.
This post was edited on 4/1/19 at 4:46 pm
Posted on 4/1/19 at 4:54 pm to TigrrrDad
You touched on alot, but I'll try to respond to a few of your points to the best of my ability.
Again, you obviously know way more about this stock. I think my ignorant opinion might be valuable in you analyzing your own position so I'll continue.
Again, I don't know many details about grow ops starting out. It seems that you are saying it's more valuable to grow young clones, because the big growers don't want to waste their own SQF on the same thing. That's intrinsically a weird statement but anyway:
So am I wrong because it takes a massive amount of different investment to produce clones, rather than bringing them to maturity?
Am I wrong because I simply have no clue, and my last statement cant even be answered because my level of understanding? In which case, maybe I'm just a moron.
I was simply basing my assessment at the pictures, the specified sqft, and the amount of investment it probably took to get that property rolling. which is most likely, not much at all. Maybe you don't need much space to make money in that venture, and that could be valid, but 10,000 sqft of space probably didn't even require a loan. So if I'm correct in that assessment, we have to believe that LVVV is just going to do it better than anyone else because being first can only get you so far; and I don't know enough about it to make that bet.
You are absolutely right on this point. The power of hype in the cannabis sector is ridiculous, and impossible to predict. That is for sure, the single reason that makes this stock worth holding imo. It doesn't matter if any of the other shite we are talking about pans out if they get a bunch of news events lined up and a blogger or 2 takes notice.
This same thing goes for any cannabis stock though, so if this is blackjack and not the lottery, than it can't be "hype" that is your reason for holding. IF it is, that's totally fine, but that isn't "blackjack". (I don't think you said this, so I'm not directly quoting you)
I read alot of it. That is why I bought the stock; probably the same reason most people bought the stock. Future earnings potential is usually a major part of a stocks price.
So if we aren't paying .03 for the future revenue we think is possible, than what currently are we paying .03 for?
From what I'm seeing, there's basically no business at the moment, so I don't know what the stock price could be based on other than future revenue.
And again, I'm not an expert on cannabis stocks or even stocks in general; only been really "trading" for 2 years or so and I have no problem with you proving me wrong; in the end, we both learn something. I'm trying to be respectful about it.
Again, you obviously know way more about this stock. I think my ignorant opinion might be valuable in you analyzing your own position so I'll continue.
quote:
More than anything, I'm confused by this sentiment, especially since you referred to the Paso Robles operation as "tiny". We just ran from .02 to .0315 on news that we hired 2 guys on the distribution end and are increasing the nursery square footage from around 300 sq. ft. to triple that amount.
Again, I don't know many details about grow ops starting out. It seems that you are saying it's more valuable to grow young clones, because the big growers don't want to waste their own SQF on the same thing. That's intrinsically a weird statement but anyway:
So am I wrong because it takes a massive amount of different investment to produce clones, rather than bringing them to maturity?
Am I wrong because I simply have no clue, and my last statement cant even be answered because my level of understanding? In which case, maybe I'm just a moron.
I was simply basing my assessment at the pictures, the specified sqft, and the amount of investment it probably took to get that property rolling. which is most likely, not much at all. Maybe you don't need much space to make money in that venture, and that could be valid, but 10,000 sqft of space probably didn't even require a loan. So if I'm correct in that assessment, we have to believe that LVVV is just going to do it better than anyone else because being first can only get you so far; and I don't know enough about it to make that bet.
quote:
We just ran from .02 to .0315 on news that we hired 2 guys on the distribution end and are increasing the nursery square footage from around 300 sq. ft. to triple that amount
You are absolutely right on this point. The power of hype in the cannabis sector is ridiculous, and impossible to predict. That is for sure, the single reason that makes this stock worth holding imo. It doesn't matter if any of the other shite we are talking about pans out if they get a bunch of news events lined up and a blogger or 2 takes notice.
This same thing goes for any cannabis stock though, so if this is blackjack and not the lottery, than it can't be "hype" that is your reason for holding. IF it is, that's totally fine, but that isn't "blackjack". (I don't think you said this, so I'm not directly quoting you)
quote:
The revenue that is coming, is entirely what the value has to be based on now because there is nothing else of value
This leaves me scratching my head and wondering if you read a single thing about LVVV, the future plans, and the plans already well underway.
I read alot of it. That is why I bought the stock; probably the same reason most people bought the stock. Future earnings potential is usually a major part of a stocks price.
So if we aren't paying .03 for the future revenue we think is possible, than what currently are we paying .03 for?
From what I'm seeing, there's basically no business at the moment, so I don't know what the stock price could be based on other than future revenue.
And again, I'm not an expert on cannabis stocks or even stocks in general; only been really "trading" for 2 years or so and I have no problem with you proving me wrong; in the end, we both learn something. I'm trying to be respectful about it.
This post was edited on 4/1/19 at 4:57 pm
Posted on 4/1/19 at 5:18 pm to TigrrrDad
quote:
It's not that I have a problem with people thinking LVVV’s plans will fail and the stock will tank
I dont think this. It's certainly a higher possibility than with higher cap stocks but we all know that. This isnt the first time I've messed with Penny's. If I thought the stock had a high % of tanking, I wouldn't own any anymore.
I think our disagreement is on the upside.
I'm not really unhappy with the results of my investment this far either, I was expecting crazy volitility, and I've actually made money so far off the positions I closed.
Right now the hard part for me is the oppurtunity cost, you pretty much could have thrown a dart at a board in the market this year and made 10%, so it makes these lvvv type of plays much easier to scrutinize.
This post was edited on 4/1/19 at 5:29 pm
Posted on 4/1/19 at 5:57 pm to Pendulum
The tone of my comments probably came off as harsher than I intended. I didn’t mean to be a dick - it just comes naturally and I was in the midst of a bad day. Enough info has been made available - people can take it as they see fit amd invest accordingly.
Posted on 4/1/19 at 6:08 pm to TigrrrDad
No problem. We are mostly talking in circles at this point in this thread anyway I think it's probably natural to feel attacked when someone dissents on a monetary decision you've made. The fun thing about investing and trading, is that in most basic cases; one person making money is not exclusive to other people making money. We are all in it for the same reason. (unless of course I'm a shorter )
I think it's probably natural to feel attacked when someone dissents on a monetary decision you've made. The fun thing about investing and trading, is that in most basic cases; one person making money is not exclusive to other people making money. We are all in it for the same reason. (unless of course I'm a shorter )Posted on 4/2/19 at 9:10 am to Pendulum
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