Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just a HUGE wave of confidence at this point.
When you're looking at a ground level biotech stem cell specialty company at these prices, I can't imagine the short risk.
I'm all about contrarian trading, but man did they ever shoot themselves in the foot trying to bring this one down.
Still, everyone has a job to do and they're human. I don't wish anyone to lose money - but the way they'll make it back will be investing here.
Can you imagine the weak hands who sold at open today?
Feel bad for them.
Considering the show of strength we've seen over the last several periods, there is 0% reason to be sweating this.
Wonder how much cash the shorts have made out with in total?
Gotta figure there are these private chat rooms where this scale of coordination takes place.
WOW. With all the downwards pressure and sweating, this still closed green?
Obviously something going on here. Enjoying the show.
Interesting confidence keeping things up. No one looking to let go at these levels. A lot trying to get in lower, but I've seen this before - trying to push down and then having to chase on the way up.
Good luck all.
Interesting the spring back at close.
Looking better.
Much lower. What a joke. Suspended stocks trade higher
Yeesh, after watching my investment descend day after day - I'm inclined to agree.
I've had to trim a lot of fat off the portfolio recently. Do we have much reason to hold on riding into 4/20 at this point?
If I had 250k to lose and lost it, I'm not sure I'd keep playing at the same table. That takes some Serious cajones.
Can't wait to get to that level. Must be nice!
One interesting factor is they're both moving in a very similar pps to one another.
Merger news would be better than cricket chirps at this point.
Selling before 4/20 would be silly.
After? Who knows. Maybe they carry legitimacy up a notch to keep everyone on board.
A lot of investors, hungry to see who capitalizes in this atmosphere. I figured mjtk would have it.
Store closings have their cost, and this is one of them. Did they mention the amount expected to close the leases?
Could be anywhere from slim to catastrophically large.
Agreed on the first point. Second point false. Bad technicals, but no further lawsuits.
There were a lot of firms bidding for the suit. One won, and the settlement to firm and taxpayers was 2 million.
A meager payout for the amount of people who lost out here. Hard to be sour if you left at a good spot though.
Company travelled from .05 pps to .77 pps in a mere matter of months. Even investing a small sum would allow massive gains in that range.
Years ago, everyone was riding the gravy train. Many were badly burned by the SEC halt. To this day, only outside manipulators were prosecuted such as 'hot stock ace' of the 'money runners club' at the time.
Nevertheless, no SEC release except for allowing PHOT to trade back out of the grey sheets into unsponsored MM territory. Legitimizing the company to be traded by all platforms should have been one of Marco's main goals. I wonder where he is on that?
That's what happens when government loosens regulations. No good for the environment or health, but it opens the door to new business opportunities.
If this weren't actual, then KP Engineering sure would be shooting themselves in the foot by working with MMEX. You've looked up KPE, right?
And thank goodness for it. A state-of-the-art processing and transport facility for the Permian Basin.
One of America's most vital regions of energy production.
The big boys are working on pulling the oil and gas trapped beneath the tight surface of it. This refinery will complement new turnover nicely.
There are many big players and millions of acres of production. Insane to think about how vast that really is. Places things into a nice perspective, doesn't it?
Most are. Few are not. Better to short most and invest in a few.
Big question is, will it be worth it to bet against this one or invest in it?
Yes and no. I have seen Fibs that were DEAD ON. I've also seen them be wrecked by something out of left field.
I'd say they're applicable, barring any impending calamities.
You can just feel how intensely they want this to go down. Practically smoke out of their ears.
What I don't understand is the bickering over a few pennies. Get in at .10, or get in at .14 - but quit sitting on the sidelines wishing it cheaper. There's plenty more upside no matter where you're in at these levels.
Wishing never did much IMO, but action speaks volumes.
What kind of time limit would you give updates to shareholders?
Worthless penny stocks cannot trade solely on gossip from their own investors.
At this rate, an update once a year would be an improvement. Heck, I'd take a bi-annual update from Angel to tell people he is alive.
I took a gamble with a small position here years ago. Lost it all in fact. The stock is so worthless that you don't bother selling it and paying another 7$ in fees just to do so.
I'd like to be proven wrong, but as it stands now - RIGH is part of the reason that so many see MJ stocks as scams. They're so under the radar that even the mj information outlets I follow have not covered it - not once. Angel, you have to work hard and prove it if you want people to invest in your company. I'd be surprised if he's still working on it at all TBH.
The guy is all over the place. Very into normal or standard views of trading. These days it's contrarian to bet on the mj sector. Has been paying off for us contrarians though.
I've been watching this since Angel allegedly 'took over' the ticker years ago. It's probably been what, 4 or 5 years now?
That's closing in on half a decade of no updates, no name change, no progress, no growth.
Some say the turtle wins the race, but the turtle needs to be traveling in the correct direction to win.
I'm still amazed that Stanz couldn't facilitate a ticker change at the very least. How do you sell people on your 'mj stock' when you can't even change the ticker from something that sounds like an orthodontics company?
As terrible as the management was here, the SEC investigation only has dug up outsider manipulation so far.
Furthermore, that settlement number always seemed very small to me. They were lucky not to be further gutted, which in the public's mind just makes it look like a small sting as opposed to a big bust.
So wth lawsuits settled, and the appropriate folks already in jail - the biggest question is how would Growlife stay afloat? They've gone nowhere but down lately. Without sponsorship and some kind of financing, it's pretty much a dead boat. Months ago they were barely keeping enough product in their warehouse to ship out, but customer service was still operating. They were shipping some product, which legitimizes the business - just not the management of said business.
Similar situation. Want more shares, but also fine if it goes up.
Have a few other good plays I'd rather not give up, but this has so much room.
USRM Stepping up on various levels of approval. Had some bad history they've already dealt with, so nothing coming back to get them. Could see this hanging around above a couple dimes pretty soon then consolidating.
That was a great opportunity for some to get in cheaper. If only I'd have caught it in time.
This day will serve as a tough lesson to weak hands and shorts.
Yet here we are at .14
Looks to me like someone beat back the bears. Those poor shorts!
I could see this spring boarding up just like we've been seeing from USRM.
Just be happy you found it before the general public. Like signing an indie band before they get famous. this is in for quite the ride.
Never did, never will. Their allure was picks and shovels - selling the equipment to the growers.
Their name and products carried used to actually come highly recommended, but that's what happens when you let scammy executives in and out of a revolving door.
The top folks squeeze the stock to get their paycheck. The investors get screwed. Marco can one day tell his grandkids about how he made his riches by swindling investors from their money. Of course that's right after Sterling Scott and Rob Hunt did the same exact thing just a few years prior.
Absolutely. Moving on is helpful to recovery.
Not only to your mind, but your wallet.
An unsponsored stock ticker that isn't worth investing or shorting anymore because no one cares to even look at the name.
This company is fastly sinking into the unknown and I couldn't be happier to have sold.
How's everyone doing here? Been watching for years. Lately no price action for at least a year.
Back in the day, this would have been considered a discounted share price. Now, it seems like more downside to go.
Our corrupt politicians are to thank for recent downtrends in the sector.
Wishing all the best and hoping to take another position soon.
We all know this ship has sunk, but one must admire your tenacity.
While most of us have moved on to greener pastures, you drone about the Growlife perimeter - ensuring all passer bys are informed.
It takes a lot of work and high blood pressure to stay that mad, but you do a service for us all.
In at .011 and .019 respectively.
Realized I could bite my nails and watch daily, or relax and let it happen over a longer period.
If we could have seen the future for near term pps, we'd have all be in around these levels.
Company has great potential. Situations like this will test anyone squeamish about going red. Had I panic sold everything I had this morning, I'd not have made back a large % of what I did this afternoon.
Will be building a base above .02 before you know it.
Here's to hoping.
Ever since Sessions blabbed his mouth, the sector has been in a decline.
I consolidated a lot of positions down, and day by day RSII loses me money.
My absolute worst performer. Down 25% today alone.
Why not be in both?
Agreed, Vpor a poor p&d. Last I heard they were working on a 'magic cork' for wine bottles. Gimmick company blowing hot air, no $$$.
With MJ jobs set to outpace manufacturing, I'd be VERY surprised to see this 'businessman' president stop the growth.
On the other hand, he does have the GOP to appeal to, and they're a big mix - won't be able to please them all.
Good to see you still around trading pot plays. I saw you years back during the big Growlife spike.
Legalizing and regulating is the only way to separate cannabis from the cartels. Doing it to alcohol is what stopped bootleggers and made honest companies. Beer and liquor some of the wealthiest around. Taking MJ out of the black market removes the gateway effect of it as well, because then people won't have to go to shady dealers who likely have other 'products' just to get a little pot.
Not necessarily. I expect it to be a bit more well planned than that.
All these boys have friends in the finance sector. Sessions may have private prison sponsored lobbyists, but my guess is that he and the rest stood to gain from negative statements on the market.
short, lower a sector with statements and then take a position at the lows. Then we see some positive legislation pass and the sector springs back.
This is the nature of crooked slimeball politicians on both sides.
Bounced from 1.82 - wouldn't expect to see 1.50 anywhere near.