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I seem to read the same story of yours on every board.
With the batsh*t crazy statements made by Sessions, I'm surprised this didn't take more of a hit. Show of strength right there.
All communities talking about DRYS have a giant population of shorts sweating it out right now.
Whenever I see efforts to drive a stock down, I know it's a great sign to buy.
Wow!
Sessions won't be able to, but Angel Has already killed the dream long ago for anyone speculating on RIGH
Yuck, hard to believe QASP put on a new hat and is calling themselves GYOG.
Still the same scam. You buy their stock, they run with your money.
Broke below 1.50
Proof of just another pump through to dilute more.
I agree, AB is fairly slimy.
There were many mj stocks I found before his 'service' started pumping, and I sure am glad I made out with what I could.
That being said, MCIG has flown surprisingly high. The most likely scenario (considering the sector), is a decline. I don't want a decline, as I am also enjoying VITC stock (now OMHE) from the MCIG spin off as well.
Granted, positive politics could keep the highs, but nothing I'd want to risk buying into at these prices.
Stock dying, board dying, support dying.
this little uptick is the final death rattle before capsizing.
Still can be flipped of course, but that kind of action won't sustain 'investors'.
Without MM sponsor, or proof of any deals landed by leadership - they are dead in the water.
Wow...
You don't just 'learn' how your company fits in 'seed world' over the course of a few days.
Marco sounds like someone's grandpa trying to talk about the hip new things kids are doing these days.
Seed world.... consists of sifting through genetics of hundreds of specimens to find the best for breeding. Growlife isn't going to be doing anything to help that out.
Sprouting a seed? No, this company will not have anything revolutionary there either. It isn't needed in the industry.
Ridiculous.
Hasn't happened in the last 4 years, won't happen in the next 4 years.
RIGH to BUDG?
Never happened
Testing facilities used by retail and govt?
NEVER happened.
Any kind of release for direction from CEO? Won't happen.
This guy is enjoying shareholder money in some far off paradise. Stanz never intended to create a company. He can't even get a stock ticker changed.
I don't know anyone who even bothers with all the trouble of that anymore.
These days people just use vaporizer pens which are safer and MUCH easier to deal with.
Even if they had better share structure, products like these are dead in the water.
Absolutely. Any money to be made off their stock will now be done on the way down and not up.
Marco 'Cloak and Dagger' Hegyi.
I don't understand why they aren't just calling it quits.
Sure looks like
A
Dump In Progress.
We're watching the end of Growlife.
Play for predictable trends.
Good strategy. Can tell from a post like this that you're taking a realistic approach.
So many want to say a stock is 'going nowhere' while so many want to say, 'going to da mooooon!' in reality, you can play these in so many different ways from short to quick flips to long holds.
There isn't some magic missile ready to sink the stock, much like they don't have the golden key to make it back on top yet either.
So? Play what you can predict. I'd absolutely buy more under .01 and just sit on it for a while until a new opportunity comes along.
It is a hope, but the big question remaining is if PHOT doesn't pick up the torch as grow supplier - then who will take their place?
I have a few on my radar that are similarly stagnant. Financing should not be an issue for grow suppliers because they are the least risky of the bunch. Of course, this makes Hegyi's progress even LESS impressive.
Yes, I was banking that we would see a resurgence based on Hegyi's patent and tech experience. No, I don't believe he has earned investor trust. Though you must also agree that not every move he has made has been bad for the company.
Off the greys, great! Crickets chirping after with minor pitter patters of waves. They're still selling products and can be proven as a legitimate business. A worthy business however? That's another story.
If Hegyi doesn't produce on MM, financing, or new deals then a mass exodus would be in order.
Selling all the way down until they become worthless sure would send a message about how investors feel on diluting without producing.
Of all the mj stocks out there, this one is by far one of the most worthless.
I've been following for a while, and this is clearly just a low down scam.
Sad. I used to have some faith in their old ventures. Only hope here is getting absorbed into a better company.
Did close green while most were down either minor %'s or very significantly.
Not always a money loser, especially for investors of 2014. They once held a very large chunk of MJ supply sales as greners.com used to be highly touted.
We are left with the question of what they will use to capitalize on the picks and shovels side of the mj sector. Considering they work in supplying the growers, there are many channels to take advantage of and less risk compared to those directly involved in mj.
Hegyi needs to make 2017 the year where he proves he can get MM on board and also fully restore shareholder confidence. I won't wait around to kick a horse if it's dead, but let's face it - we're both here because this stock has a strong pulse. A pulse we saw today.
Probably can't correlate a lot of this recent movement directly with GRNH.
Stocks are churning with up and down days for mj sector. Major movement deals needed or some kind of message from the politicians.
Every pot stock I own except PHOT is down today.
PHOT only green ticker. What's up with that?
I would buy as well. That is a steal IMO and fortunately we have a greater chance of MM sponsor than going back to greys with the new admin.
Considering the travel that others have had, I'd collect more at under .01 if we are so lucky to see it. Amazing to see others trending upwards of .10, .20 and .30 without half the industry involvement that Growlife has.
I would lmao right back by saying this company does have the potential and has done me very well in the past.
How many stock investments have allowed you to purchase a new home? This one did that for me.
Not a loss if you don't sell.
Take a look at the sector. Mj stocks trending up and down in unison.
What we ultimately want is a company that breaks away from the pack, but we are starved from seeing or hearing about much growth from their leadership. In my experience, this is around the time that things begin to look promising.
I've found myself selling and chasing very far up. Granted, we would like to see quantifiable business deals SOON to warrant holding further.
I have a bet on this one and a few others. Again, if you are playing mj Stocks - then quick flipping is very difficult to predict. You either need to dedicate yourself to holding and sweating it out or taking a short approach and possibly sweating that out and being wrong as well. There is no fool proof plan, and the boards are full of 'puppets and bashers' with their own goal of swaying opinion.
World is a cruel place. No one will hold your hand or teach you the best ways. You must teach yourself and learn from experience. There is no 'safe space'. What I see you doing is taking each person's opinion and assuming them to be true. A very toxic process to put yourself through. Time to make decisions and stick with them. Good luck.
It has a lot of upside potential.
Interestingly, I have a portfolio where I'm dabbling in 8 different mj plays. Each of those is down between 2% to 12% today.
When they travel up or down, it is often in correlation with the sector. I'm looking for the one that splits from the pack and goes green on days where the rest go red. GRNH has the potential to do that.
Sector may be red with shorting for a bit, but we're in a political climate where businessmen are taking back the reins of power. Less regulation, less restriction, more money, and more sector growth.
Many will be legitimized very soon.
No, there is nothing 'we' are supposed to get.
Unless that is, you were in this company years ago when they got halted. If you were and lost money/didn't sell after the halt - then you would probably be very upset with the money you lost and would seek to sue the company.
Despite the fact that the SEC never formally charged the company, they did charge outsiders for manipulation. However whenever these halts happen, a big law firm usually takes up the case to file against the company because they knew there would be plenty of people who made bad financial decisions, bought at the top, and lost money.
A small settlement was reached which (as always) got plenty of funds into the firm that filed, but very little cash back into the hands of current or former investors.
I was offered to take part in the suit, but didn't because I made a decision to sell after halt which still meant I kept very decent gains. I'm sure others were not so lucky and got very upset, therefore joined the suit.
LOL thank you.
His questions and statements just so... uninformed.
In related news, a red start for the sector. Shorts will spin it to their narrative that MJ stocks are 'unstable' while long holders scoop some for a discount.
Starting to become predictable again. With less regulations, we'll be making
More money. Imagine if there ever was a halt on PHOT? Well, there won't be one again.
Check the whole industry right now. A temporary shorting haven. I wouldn't expect downtrends to last.
People who see it as one stock going down just don't have the objective vision. If you shorted, then you're cashing in soon. People buying for lower.
What do you think of the sector in general? I saw many were down 10-20% today.
This would bode well considering PHOT was down less, but with charts into account then we may still be in for some more red days.
Can we rely on the charts at this point to be fairly telling?
On a day where most in the sector were down significantly, this one held up pretty well. There are signs of future strength here.
300$ in shares traded today.
When someone looks up 'pump and dump scam' this should be the first result on google.
I'm sure this company has a chance to do well over time, but posts like this are on every MJ stock board and it sounds just like a snake oil salesman.
How are they going to triple value in 2 weeks?
Sector moving in tandem.
USA Pot stocks moving fairly uniform lately, down together and up together.
Plus side, we aren't as down as many others today. Lots of panic selling across many tickers.
Negative side, we haven't broken from the pack and are still somewhat beholden to this correlation.
Nothing we haven't seen before IMO.
Is that what bar charts was telling you?
Not bad tickers to get into. They've historically gone up first before stocks like PHOT and Trt( have followed.
But, you do get higher upside potential should this company go up again. Back in the day we were stuck trading around .05 before the shot up to .12, .18, .30 etc, all the way to .77.
Despite the slow rolling progress, I do prefer MH to the old Sterling Scott gang. Sponsorship, financing and more business deals will be proof of true resurrection for this company. Things we should expect to see from management this year if they are indeed serious.
I wouldn't touch mjna with a 10 foot pole, but do like grnh.
Well, .16 did hold at close.
Good signals, but time will tell.
Did you just buy in? I wouldn't recommend pot stocks for anyone who is weak in the knees or looking to make a quick buck unless they are skilled in chart reading or can fairly accurately predict when to buy low and sell high for the day. These types are either long term holding or for taking a short position. I personally wouldn't recommend betting against (shorting) the mj sector moving forward.
I held this company long term years ago and walked out with over 5x my investment. It allowed me to get to the next stage in life. Had I sold it pre-suspension, I would have seen 15x the investment.
Same thing not only for this ticker, but there are many companies trading at a stable level and expecting an uptrend over the next several months, years even.
Seeing red had also been scary for me, but you will learn to be careful and consider how much of a loss you can handle. You can set stops to protect your money, etc etc. you also don't technically lose money until you sell.
To summarize, you can't buy a stock based on a recommendation from elsewhere and expect it to be an instant money maker. I wouldn't mind seeing it go lower to finalize some extra shares, but we'll see.
Yup, coordinated shorting and resulting pullback sector wide.
Nothing that has scared me out of my shares here or across several MJ plays yet.
Growlife has plenty left to climb. The MJ sector will be up for the majority of the year.
2017 and leadership taking steps in all the right directions.
Happy Friday.
DRNK? Ticker change to DINK?
Unless they're actually planning on bringing some value to the table that is.
Any reason to keep holding?
LOL and when it goes down, they'll claim 'this stock is impossible to short'.
This is starting to look like a decent new year after all.
This has been one heck of a ride in the last year.