Today I BOUGHT 10000 Shares of Sunniva (SNN) (SNNVF) – RICH TV LIVE – JULY 17, 2019 – TODAY I EXPLAIN WHY I BOUGHT 10000 SHARES OF SUNNIVA
Good morning this is rich from rich tv live and i bought me some suniva this morning in fact i got ten thousand shares i feel very good about the purchase let’s break down suniva just go to wwe tv live.com and type in suniva so soneva is on the cn x in canada and they are on the otcqb in america symbol is sn & vf in america sn n in canada now let’s just take a
Look at some of these statistics some of the reasons why i decided to buy the stock today well i’m gonna tell you the number one reason why i bought the stock the number one reason why i bought the stock is that i was talking to amanda yesterday and we were talking about picks and amanda told me that she was very interested in suniva and that she bought suniva and
I thought hmmm i like that play i like suniva very close to a 52-week low huge upside very tight float considered the canopy of california so thought hmmm i could i could live with suniva in my account you know as a long-term investment so i thought alright let’s pick up some suniva and let’s take a look at some of the key reasons why i bought this stock so i mean
I bought a lot about 10,000 shares around two-30 range and that is about 23,000 dollars that i put into soneva this morning so i wouldn’t have done this unless i thought it had a lot of potential and the reality is i think it has a lot of potential that’s why i did this now let’s take a look at the share info now one of the key reasons why is that their revenue
Has been growing there 52-week high is seven dollars and 59 cents their 52-week low is two dollars and 25 cents they are just right around that 52 week low range where i felt comfortable picking it up and the upside is just enormous like we’re talking about 200% upside from these prices to a 52 week high and i believe in the future they’re going to go higher than
Their 52 week high now let’s take a look at their share structure this is the part that i really love about the stock this is the part that really really gets me excited about the stock 38.7 five million total shares that’s right 38.7 five total million shares i can’t think of another company that has a tighter share structure denson eva i’m sure there’s a few
But there isn’t many that really made me feel comfortable buying suniva the short interest is only twenty eight thousand shares okay so their short interest is only twenty eight thousand shares out of 38 million total shares to me that just signals that nobody’s shorting the stock and their revenue let’s take a look at their revenue so believe their last quarter
Was their biggest quarter yet let’s look at their retina yeah so the revenue fourteen point two million in the last quarter so they’re only behind in canada canopy growth aurora cannabis organa gram metis farm labs which i own labs to áfreeá can trust which right now is struggling national access cannabis mehta which is one of the most undervalued stocks in the
Whole sector terra send and soneva is next so they are one two three four five six seven eight their ninth in revenue in canada but the interesting thing about this company is even though they’re canadian company they are doing the majority of their business in america and they’ve been considered the canopy of california the revenue has been growing like i told
You fourteen point two million the last cue that is growing i think it’s an exciting opportunity here at these prices and that’s why i decided to make a move on suniva and buy 10,000 shares at actually bought them at 232 so put in about 23,000 and my goal is to sell around $5 yes about suniva today thank you for joining how you doing frank hi doing corey hey doing
Steven hi doing max frank says could be a monster in the making i believe it is steven george says so many pics to choose from choose the best invest in the best because you deserve it dante bruce says good morning rich nice suit thank you yeah i’m getting ready to do an interview with patriot 1 technologies it won’t be a live stream it’ll be an edited video i will
Be doing that video in the next hour or so so i’m just getting prepared for that but i thought since i did a purchase this morning i’d at least go live and let you guys know what i bought and then you guys can decide what you want to do from there max power says xena gonna blow everyone out of the water with their revenue once they’re running at full tilt i agree
I own 25,000 shares of zen abyss i now own 10,000 shares of suniva and i’m very happy with both companies and both purchases thank you max i appreciate it frank says zen abyss was just given a nod by motley fool which is insane they don’t usually talk about small caps under 500 million yeah i think the word on suniva and the word on zen abyss the word on some of
These companies is just getting out max power says xena is a monster waiting to explode i agree and five one for savage is saying kira is up 17% kira had some huge news let’s just quickly take a look at the news i’m not gonna be live for long today kira leaf to buy grass roots for 875 million in stock primarily so this is the big news with kira leaf and they are
Exploding on this news our community did find it first we were talking about a first thing in the morning i already had my heart set on buying soneva if i was looking to do a momentum trade i would have bought cure this morning but i wasn’t looking to do a momentum trade so i just thought you know what let’s stick to suniva nice good long-term play and i owe it
To amanda we were talking about pics yesterday i was actually thinking about buying aurora and africa and then amanda told me that she has 20,000 shares of soneva and i was like what i was like okay i’m stepping up my game i’m buying 10,000 let’s go so yeah i’m in on sand even now and i feel good about it i feel very good about it it’s a long-term play for me
You know not interested in selling to at least five romano says hi rich i still love weed md okay very good i like weed md to max power says what’s up with this bi tf up 150% in two days yeah i think it’s a crypto stock it’s making a nice run i don’t know much about it but yeah it’s making a nice run nivelle on is saying hey rich i need your help with aurora i
Feel like itchy i should sell and buy ones under 9 yeah i don’t know if it’s gonna go under 9 right now it’s starting to move and i think the resurrection is starting i think this resurrection i’ve been talking about i believe it’s starting frank says gonna buy one of your shirts today support rich all mad respek frank thank you neville lawn is asking will it go
Under $9 will it was under nine dollars last week when i think we hit the bottom now it’s well over 950 ah it could i don’t know if it will i think that this resurrection is starting i mean we’re 90 days away we’re three months away to the day today is july 17th october 17th is three months away legalization of edibles is coming stay tuned oh i also interviewed
Agri floor organics and i believe they had news today too so keep your mind and keep your eyes on agri floor organics hey nika how you doing thank you very much so yeah i didn’t want to go live for too long guys so i’m gonna go now i got a run i’m interviewing patriot 1 technologies keep your eyes on patriot 1 technologies ok i’m going to interview them now they
Got some big things happening and yeah stay tuned be back later on talked about some other stuff thank you max where can you find the shirts if you go to youtube and you go to my videos and you go to the description of the videos and you look up in the description you will actually see all the rich tv live t-shirts and we’ve got like a rich tv live store you can
Go to teespring that’s the name of the company that does all the shirts for youtubers and just type in rich tv live and you’ll see the rich tv live store believe we’ve got like 60 different products shirts track pants hoodies you name it we got lots of rich tv live gear and i really appreciate you guys supporting the cause thank you mika appreciate that i would
Interview the fsd ceo that’s definitely in the cards i got some guys to work at fsd pharma so i’m sure that will happen you’re funny max yeah i like your message here pluto okay guys i’ll talk to you guys soon i just want to share with you guys that i bots and even today 10,000 shares in canada and snn is the symbol in canada snn vf is the symbol in america i will
Be going to do another video here in the next hour with patriot 1 technologies and way more stuff coming so stay tuned thank you guys for watching remember if you’re not winning you’re not watching this is your board rich from rich to be live demo the only guy on youtube that can actually rock a suit it’s true peace
Transcribed from video
Today I BOUGHT 10000 Shares of Sunniva (SNN) (SNNVF) By RICH TV LIVEliveBroadcastDetails{isLiveNowfalsestartTimestamp2019-07-17T141142+0000endTimestamp2019-07-17T142336+0000}
