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From the 10-Q
Current developments include the following:
? We anticipate moving into our production facility in May 2014 with the goal of being fully licensed with the FDA and USDA at such time.
? We have acquired production equipment which will be shipped to our facility later this month.
? We have completed 85-90 % of our newest consumer product and intent to announce the brand name in late May.
? We continue to seek companies that would be viable acquisition candidate.
Base forming. Big hits coming at .017. Crack .2 and we fly IMO. Load up people.
Where have the 10MM volume days gone...? Wasn't too long ago that this thing was trading at .03.
Need some .288 slapping! $MZEI here comes .30!!!
$MZEI Breaking out of the .24 STRONG resistance level. Nothing to worry about until .42!
Seems like a solid base is forming around the .255-.26 level. Great base to work off of!
Cmon people, slap the ask, help the cause!
Agreed. Pump/Dump here today.
On my watch list for the day...If this thing breaks through .24, we should see a nice upward move! $MZEI
Next test... .013...break that that this thing tests .02 today easy.
Love this churning. Forming a FANTASTIC base for when this wall is broken. Everyone should be loading up here IMO.
Downtrend may be starting to break here. Hoping to see some nice, solid green days.
My alias is merely the name of a phish song. You're right, technical indicators perked my attention here, but please don't tell me that I don't do my homework. I make sure to study each and every name I trade in...so yes, I know about their drugs and their issues with Pfizer.
I also know that the short interest in the stock is basically 0, having made up just under 5% of the volume traded yesterday.
I guess what I'm trying to say is that it's rare to find a REAL company down here with great upcoming catalysts on top of a beautifully looking chart. If I were you guys, I'd load up and enjoy the ride.
All IMO.
This one has made its way onto my watch list. Decent volume, already broke out of the cup and handle (not the cleanest) pattern and is now looking to break out of the descending triangle.
Support at .20 holding well! Ready for the next leg up here, given shorts may start to squeeze this thing. $AFAI
$AFAI, NEW OREGON LICENSE, SUPER LOW FLOAT!
She's a low floater, that's for sure. Total Float (as per Yahoo Finance!): 89MM with ~25% short volume (as of 4/11). I expect to see a morning surge which in turn will cause a short squeeze driving this thing to test the .32 level by EOW. Once that's broken...
I'll be loading up this morning. Should have a relatively easy time reaching .32, then once that cracks, sky is the limit IMO.
Load up and enjoy the ride IMO! Even with the halt of $PHOT on Thursday, this thing STILL flew higher when the rest of the industry was down trending. This one is a winner!
What's with the abnormally high volume here on Friday? Anyone?
Chart looks very interesting here for a nice run up higher. With the rest of the industry consolidating these past few days, seeing a chart like this one is encouraging. $AFAI!
Chart looks very interesting here for a nice run up higher. With the rest of the industry consolidating these past few days, seeing a chart like this one is encouraging. $AFAI!
On my watch list for this week. Seems like .14 is STRONG resistance level. If broken, this thing could fly.
Form 8-K for GROWLIFE, INC.
9-Apr-2014
Change in Directors or Principal Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective as of Tuesday, April 1, 2014, Eric Shevin has resigned as a member of the Board of Directors (the "Board") of GrowLife, Inc., a Delaware corporation (the "Company").
The Company is currently considering several candidates to join the Board. The Company will announce the new appointment at the appropriate time.
The Company thanks and appreciates the services Eric Shevin has provided.
Have they listed a date to when the buyback will begin? All in all, this is one of the better pennies I've been involved with. News, buybacks, sales, website launches, it just keeps getting better and better.
I like Tim Sykes and he is part of the reason I'm a successful OTC trader, but he is letting his pride get the best of him in this case. I understand he called this a short (and I see the pattern he was trying to play), but the underlying theme with his investment style is that he focuses on FAKE companies. IMO $FRTD is not even remotely close to a fake company. On top of sales being announced today, an additional website being launched TOMORROW, this company is in arguably the HOTTEST sector in the world right now.
With that said, SHORTERS, I IMPLORE YOU to cover. With the first batch of product to be delivered on 4/20, I expect to see exponential sales growth with their innovative product.
Beyond that, they have additional products launching tomorrow, which should not only drive more sales to 420 cash card, but will get the company additional publicity which equates to more sales. I'll say it again...EXPONENTIAL GROWTH!
SHORTS COVER BEFORE YOU GET THE RUG PULLED OUT FROM UNDER YOU. $FRTD
What's the OS for FRTD?
That's what the website says. 420cashcard.com LAUNCHING ON WEDNESDAY, APRIL 9th. I would load up TODAY if I were you. These prices will be in our rear view come the launch tomorrow IMO. $FRTD!
Sounds like we got a short praying for people to sell in the morning so he can get out of the red. Here's a tip bud: COVER YOUR SHORT AND GO LONG. It's clear that the longs are winning this one as people know this company has a ton of potential.
All IMO.
Can I hear a SHORT SQUEEZE?!?! Look at her go! $FRTD LONG AND STRONG!
This stock is going to the MOON! All signs point to $0.10 by EOW. Technical indicators look GREAT!
Look at that volume. Volume precedes price people. Not a pump in sight either, all GREAT things. Trade smart.
All IMO.
Chart looks like a runner IMO. Taking a starter this AM. $FRTD
Anyone have the share structure off hand? This chart looks interesting.
Agreed, expect to see some buying pressure coming in today. $PHOT
Took a starter here. Ignore the noise, all that you need to see is that the company is making moves to profitability, have financial backing, in a BOOMING industry, and last but most certainly not least, has been in a serious uptrend making new highs for quite some time now. My short term price target on this one is $0.80 based purely on speculative items, however, there is some meat on the bone here.
In addition to the exponentially increasing media attention the industry has been receiving, the company has been growing with mass amounts of M&A activity they have been doing in the past few months and they have also hired an experienced exec (form MSFT and YHOO) as Marco Hegyi to lead the company in their usage of their $40MM capital infusion.
Slow and steady wins the race here IMO.
They said that they are hopeful that something will come through before THIS Thursday. We have today/tomorrow to make that happen..
Been MIA for quite some time, but things are definitely shaping up here. Name change? Check! A/S MASSIVE Reduction? CHECK
Any update on deals getting close to being closed? They mentioned before Thanksgiving on the CC.
Agreed. However, typically, replays are only offered for 1-2 weeks after the call.