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I'd guess it's lower than that, plants still need to drink you know!
Still, saves more h20 than soil.
I'm not thrilled with the company lately, but what exactly makes Angel a creep or scammer? I'm a neutral - shouldn't you post something factual to sway me?
200% agree with this statement.
People using normal valuations will get shocked. This is new territory and the birth of a multi billion dollar industry. There will be plenty to go around.
Unless earnings are STELLAR and I mean STELLAR then I'd guess a typical sell on the news situation.
It could be that this quarter report is their biggest yet, and it may lead to more upside.
Company has been increasing revenue several 100%'s with no sign of slowing....
I understand how you feel about penny land - this is an emerging industry though, and it's a juggernaut of unbridled momentum for the companies poised to succeed within it.
You're a man of integrity wagon! I know how you feel and hope only profits for you.
Hard to listen to strangers on an online chat board I know.
Dollar land, so close we can taste it.
Wagon admittedly wanted in on very low prices but waited too long and is now kicking himself for not getting in on low .30's.
I don't even need to read his posts, I already warned him on showing up late.
Adding to that fact, aren't they already expecting to beat original estimates? Even so, hundreds of millions of dollars is far from a drop in the bucket.
Many many teacher salaries can be paid with that alone.
Wagonwheel - did you manage to get in bud? .20's are beginning to look like a faded object in the rear view mirror at this point. Hoping you got some .30's while you could!
Yah I'm not sure financials will boost at this point. With blossoming pot stocks, financials are usually massive sell off dates. Are you expecting a good outcome there?
Zing! I threw a few hundred bucks into this machine just from the business plan and website as well. 2 months later I have slightly less than when I started. Not much action at all here....
Though that is when I usually will sell and later regret it, (sigh) in for the long haul here.
Pweb - glad I didn't get in here yet!
Has potential but also a tough market to get a piece of.
Well well well!
So you sold despite the fact earnings have increased several 100% quarter over quarter?
It's true that last earnings report caused a 50% drop from .12 to .06 a but it rose back up to .09 and then saw .18 and then .26 and then .32 and then .40+
Highly doubt .20's are in the cards, but I'm long and strong so it doesn't bother me either way.
+1!
I know I've been hard on some of the investors here in the past (sake of rivalry and all that) but Trtc is a good company, one of the few I recommend when speaking to new investors.
I've started a new group on Facebook - emerging industry investment strategies.
If anyone wants to join, feel free to pm me your fb info and I'll invite. Group is set to 'secret' for privacy's sake.
Just teetering on that .399 right now.
Looking forward to steady .40's!
Hey man, I'm still rootin for you to get in here at a good price! Unfortunately no one can really call the lowest point it could coast down to in the next couple months.
I still want 20k more shares in here myself.
Patience is a virtue, but it's beginning to feel like the stadium is filling up quickly and all the front row seats (sub dime shares) have already been filled.
You may find seats a few rows higher if we see the bottom of .30's again, but there are the two X factors of federal news or company news that hopefully don't leave you scavenging in the nosebleed section.
Yup, 10-11 am usually a good dip to load and lately pops have been coming around lunch or just after.
Nice to see the $$$ pouring in this morning!!
Oh no! Dilutive financing!
The world is ending!!!
A close at .40 or above would be nice, but I can't complain about the day's action.
Hmm I see that now .184?
Wonder if someone made a mistake trying to sell, someone made a good gather!
There was no .18?
1 hour to get 15 mil + volume.
That's a tough one.
Wait a second, longs being worries about short term pps? Sort of contradicting.
If you're a long, you're probably not worried about short term pps. Esp longs from sub dime prices. We may watch it daily, but long means long.
Bag holders? Maybe those buying in at the highs, but people should already know better. See if it consolidates in .40's a while - you'll find a good re-entry point!
That's a highly attractive price target!
Best of luck and here's to big bucks.
I even let go of half my position today. Times like this usually set up for big selling regrets though. I can't imagine pps going much lower otherwise we'd need a microscope to see it!
Respect, but your price target was .20 and it nearly double that at the time. I'm sure you'll make some decent gains this run as well.
Hey so long as they bring good tidings - the ego on ace though, needs a cool down!
Happy to be making money today regardless.
Last time money runners jumped on they grossly undershot their price target and missed out on several 100% gains.
It had little to no detriment on pps, but I can agree it sounds like a lame gang of bro bro's.
So if you get in at .43 - how much upside do you expect to take away?
Red flags on top of red flags?
Thank you for the joke of the day.
Makes me happier I'm more invested with phot.
Here's what I think.
They're doing perpetual harvests which I expected. They'll need to start off in vegetative anyway and take clones, let the first generations develop and keep the clones going.
Fitx will most likely not meet their first year's goal. 1.3 million lbs is an outstanding haul and everything would have to be set up BEYOND perfect in a vertical perpetual grow cycle. Since bill may know very little about growing, he should probably only let his growers or 'head grower' do the talking.
That said, whatever they do produce is going to be SUBSTANTIAL. It will be a big number no matter what, but yes I am uneasy hearing projections I can't even picture in my head. If bill could do an open session round table on Facebook so we could ask him and his growers the biggest questions, I'd be floored! I'm very curious on their planned method and most of all, strain(s).
If true, this would blow my conventional knowledge away!
I agree with most of that sentiment, the best growers are capable of pushing over 1 gpw. That's about where I maxed out and am nowhere near 'best grower ever'.
I read at some point that a lot of this would be vertical style stadium type growing which is conducive to massive yields and using not only your side space, but going as tall as the building itself. I wonder if vert growing has been taken into account?
Still, in the end I am inclined to agree that the numbers are LOFTY. Do we have any additional input on how Bill came up with these #'s? Curious if he has an expert panel of growers advising him, or of his 1.3 mil lbs goal was per several perpetual harvests a year.
Also, will there not be multiple buildings on the grow site?
Just questions, I'd like to know more myself. I have a very small position in fitx. It would be great to see Bill make a post on how they came to those numbers.
A few points there - no one is beating down the door to buy from Canada yet. I believe it will be on cen biotech to make the sales pitch or respond to international inquiries.
Are you aware of Canada's limitations? On a previous post I saw you were asking a member for input on this, which would imply you really don't know and can't make that judgement yet.
One of those companies is the very company in Aspen we're speaking of. They'll be making up to 4 whopping products at this point for sale throughout Colorado and maybe stretch to CA or WA. We can drop the 'Aspen only' charade at this point.
Otherwise you are asking for proof of things that only Growlife and their partners can provide us in the coming months.
It is always better to have a surplus than a shortage and it's wise to remember that Mj is a consumable. Once consumed, one must purchase more in the future. Not very feasible that 1.3 million lbs will stagnate.
I never thought 1.3 million lbs was feasible either, but I'd be impressed with even half that, heck even 1/4 of that is astounding.
Unless fitx has some serious pros contracted, I expect they won't meet their goal during first harvest. Important thing about harvests though is you can have many throughout the year.
If fitx continues as planned, I fail to see the negatives.
Adding to my previous point.
Even Amsterdam coffee shops do this. You may see a bakery selling 'space cakes' or 'hash brownies' to several different coffee shops.
The same things can happen with hash and buds.
Or, some shops will pay a premium to the best edible makers so only they can supply the bakery's goods.
Wagon, respect to you - but I can't tell if your posts are joking or...???
I've visited California, the Netherlands and Colorado for my own hands on research, I can tell you how this works.
And you know that this company won't be producing products for shops all over Colorado to sell, how?
Look at California. A company that specializes in making hash in California may have a center in Sacramento - then they'll sell the product to dispensaries across the state.
Same with edibles. Do you really think a company making edibles in Aspen wants to only sell their products in Aspen? In this day and age? Nope, they'll get their product out to Denver, the springs, boulder, etc.
Question : do you realize how big a country Canada is? If you aren't satisfied, then there are other South American candidates you conveniently neglected to mention.
It will also offer a possible pipeline into Washington state and michigan.
Too bad they aren't up and growing already, it would be a perfect situation to help out with WA state's upcoming weed shortage.
Colorado was already producing a LOT on the medical scale before rec legalization, they're already seeing shortages. So imagine what WA will go through.
Also if you think of all the potential with that high amount of product, sky's the limit. We're talking ability to provide for pharmaceutical use, edibles, hash/concentrates, etc.
Think of all the companies that will just specialize in making new products out of the cannabis they need to buy. Bulk buy on the cheap from Canada because they will grow enough to host the most competitive prices.
Weed industry 101 over here, class is in session.
I remember him and dude illigence! Spivster too.
It seems like we're dealing with the clone invasion with monest and wagon. They're nearly carbon copies, yet somehow believe their bashings to be original and so new to this brave world.
So much time spent being negative, only to have holes in their hearts and frowns on their faces. No way to live IMO!