Blum Holdings Inc (BLMH)

[AC7880]

Western Ave grand opening in conjunction with 4-20 gave us a solid .59 (and some tiny bogus .69 and above that really were just flukes). Will Decatur and DEA chatter get us there again? I'm thinking not.

Many new investors swept in for Western Ave/4-20 giddy on the amazing increase in pps in such a short time. Many of those brand new TRTC enthusiastic investors are now holding shares that cost them between .49 and .59.

I don't think those new investors will be accumulating for Decatur - probably hoping for break even or small profit to get out without losses.

It's different for you and I. We bought long ago, and accumulated between .08 to .15 after being upside down a while first. Our average is so low we can bail anytime with money in the bank doing it.

Now actual DEA recommendation to reschedule (**IF** that happens) will very likely give us .59 pps or higher - for a while - on the news.

Then, like every other catalyst we have had for 2 years straight, it will fall back from those highs after implementation. All in my best realistic opinion based on 2 years of lessons watching and investing in this stock.

Long long haul - with many dispensaries open, with cultivation, with DEA reschedule, with uplist to NASDAQ, with REAL revenue, with actual profit, not losses every quarter, TRTC could become a very good stock to own long term. That is if the massive new AS and future RS don't destroy share value of hard earned accumulation of shares for longs first.

Again, just my opinion of current situation. I locked in most of my profits by drawing down my holdings. I will watch VERY carefully for best time to begin accumulating once again. That will only happen on a low pps opportunity, combined with some upcoming catalyst.

I look back often, before deciding on my next move:
http://ih.advfn.com/stock-market/USOTC/terra-tech-corp-TRTC/historical