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236T568

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Re: 236T568 post# 5156

Thursday, 04/10/2014 12:45:41 PM

Thursday, April 10, 2014 12:45:41 PM

Post# of 6816
Marijuana Stocks React to Growlife (PHOT) Trading Suspension

April 10, 2014 9:57 AM EDT
http://www.streetinsider.com/Trader+Talk/Marijuana+Stocks+React+to+Growlife+(PHOT)+Trading+Suspension/9370185.html

Traders in marijuana stocks are on edge with today's trading suspension on Growlife Inc. (OTC: PHOT). The halt appears to be coming down from FINRA, which is never a good sign.

Other pot stocks on watch: Medbox, Inc. (OTC: MDBX), Medical Marijuana, Inc. (OTC: MJNA), GreenGro Technologies, Inc. (OTC: GRNH), AVT, Inc. (OTC: AVTC), MediSwipe, Inc. (OTC: MWIP), Hemp, Inc. (OTC: HEMP), Cannabis Science (OTC: CBIS).

UPDATE: Below is the order from the SEC with assistance from FINRA. The suspension comes because of questions that have been raised about the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in PHOT's common stock.

[...]
http://www.streetinsider.com/Trader+Talk/Marijuana+Stocks+React+to+Growlife+(PHOT)+Trading+Suspension/9370185.html
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