GrowLife Inc (PHOT)

[instatilt]

In 2014 $PHOT 's operational financing was bad but not nearly as bad as present. So I do not see the relevance in chart comparison. Any sort of strength in $PHOT share price will be met with massive sell orders. Anyone who still believes in this company, whether it be the hopeful hype or believes in $PHOT fundamentals, should have averaged down at these levels and would be selling. At least I would be anyway . The writing is on the wall for this company and any good investor or trader sees that.

Ask yourself this. Why hasn't Marco Hegyi bought any shares at this level? Because he knows the state of his company. The prior purchase by Hegyi was NOT a buy. The shares were issued in lieu of his pay because they are cash strapped.

While I agree the NOV legislation will help the sector, $PHOT has created its' own demise.

http://moneymorning.com/acq/weed/one-event-is-about-to-trigger-americas-new-gold-rush?iris=552982&popup=no&advText=yes&src=fb&test_id=1473340531