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Every stock in the pennies is there because they have no good options to finance growth other than stock dilution. In the process dilution the PPS will drop.
When the stock goes up, they are great companies. When the stock goes down it's always insider enrichment schemes. The real enrichment schemes like ONCI have no assets and do no verifiable work they just release 'woulda, coulda' tweets, emails or paid press releases.
The pests sounds like a herd of tweens saying "I hate you' to their parents when they can't get what they want.
Boring and juvenile. TRTC will still be here.
Up or down both are opportunities.
I would not count on April May June solving problems.
Penny Stocks to Watch - July 19, 2019
Today's Best Penny Stocks
1. Grayscale Bitcoin Trust (GBTC)
2. Curaleaf Hldgs Inc (CURLF)
3. Tautachrome (TTCM)
4. United Cannabis Corp (CNAB)
5. Predictive Technology Group (PRED)
6. Terra Tech Corp. (TRTC)
7. CV Sciences, Inc. (CVSI)
8. Kraig Biocraft Laboratories (KBLB)
9. Cerebain Biotech (CBBT)
10. Discovery Gold Corp (DCGD)
http://daytradingstockblog.blogspot.com/2019/07/penny-stocks-71919-july-19-2019.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+DayTradingBlog3+(Day+Trading+Blog)&m=1
12 Marijuana Stocks to Buy Now in 2019 -
Our subscribers have begun digging through these companies, checking out their financials, business models and long-term growth prospects. They know that some "marijuana stocks" are just empty shell companies that deserve to be penny stocks, but they also recognize there are some legitimate and growing companies that truly stand to benefit from the green rush. As a group, they have added 10 different cannabis stocks to their watchlists and are actively investing in them. More than 1,400 MarketBeat subscribers are now following our top-trending cannabis company.
https://www.marketbeat.com/slideshows/marijuana-stocks-to-buy-now/
Other positions open.
To see other positions, click here.
Administration
Accounts Payable Specialist Belvidere, NJ
Management
Floor Supervisor San Leandro, CA
Floor Supervisor Oakland, CA
Other
Accounts Payable Specialist I Irvine, CA
Cultivation Associate Oakland, CA
QA Associate Belvidere, NJ
Maintenance Worker Belvidere, NJ
Inventory Clerk Oakland, CA
Budtender Oakland, CA
General Application Advertised in Multiple Locations
Cash Clerk Reno, NV
Inventory Clerk Reno, NV
Budtender San Leandro, CA
Salesforce Administrator Irvine, CA
Production Worker Belvidere, NJ
Budtender Reno, NV
Retail Operations
Cash Clerk Oakland, CA
Sales
Sales Associate II Santa Ana, CA
Wonder why DP's hiring a VP of merchandising?
http://jobs.ourcareerpages.com/job/446799~Primary~4114921?source=Indeed
The Vice President of Merchandising role works strategically to keep the business at the forefront in the industry by ensuring that our retail facilities are equipped with high quality products aimed to produce profit earning margins.
Essential Functions:
Oversees and guides the merchandising/buying team to drive strategic plans of the business from a retail inventory perspective.
Approves all purchase orders per set limit of $10k to $25K
Analyzes sales performance of all inventory items daily, weekly, monthly and annually.
Remains abreast of the latest product trends, consumer preferences and buying patterns to influence the inventory and product assortment offered in our retail locations.
Strategically aligns with the retail and marketing divisions to set promotions, forecasts and customer-focused campaigns aimed at increasing store traffic and average sales transactions.
Gathers competitor intelligence (market, benchmark competition, pricing).
Maintains extensive knowledge of all compliance and regulatory factors related to product inventory for all retail jurisdictions.
Devises, implements and manages all merchandising strategies to maximize revenue and increase profit margins for all retail locations.
Conducts monthly and quarterly analysis of product mix to determine and recommend purchase quantities for reach retail location.
Maintains and cultivates long-term relationships with vendor partners and suppliers.
Leads brand acquisition efforts for target brands and identifies unique brands that are in line with the assortment strategy for the retail division.
Drives operational excellence of the merchandising team; promotes development and awards stellar performance.
Creates and fosters a collaborative, innovative and results-oriented team culture.
Performs other related duties and projects as business needs require at the direction of management.
Education and Experience:
Bachelor’s degree in Business Administration, Communications,Finance or related discipline; preferred.
Relevant work experience; any viable experience in the cannabis or another heavily regulated industry preferred.
Blast from the past.
The wildest pot stock yet! http://t.co/jXm2fFRHcB
— Jim Cramer (@jimcramer) February 13, 2014
It's TRTC, it's been the comeback kid for years.
Blum is moving from that store to a better place in Santa Anna with more traffic - as per presentation in June on Virtual Investors conferences.
They will release an 8k when they sell any Blum locations
The 1 million loan was used instead of the next tranche.
Good luck folks. I'm half back in at .42 and watching for coming back in fully.
Do your own research. Listen to the June presentation.
What a laugh. TRTC had lots of trading opportunities before the RS and after. This was one of them. I don't think the drop is permanent. That does not mean I kept it thru the drop. I saw it coming. I told folks it was going to at least .45.
I'm fine and I know that pains you and your ilk.
It was a comparison of last moths Alan article and this months Alan article. Big Difference. You will have to read and comprehend both articles to understand my point.
This is a cheap version of Fuzzy Panda by a cheap short. They have one more day to try to reach their goals.
Most MJ companies have had bad quarters this year. Look at almost any MJ stock US or Canadian from March until today and what you will see is not good. I liked Curaleaf, Hexo, Cresco Labs and more but all have disappointed their share holders with dilution or poor quarters or just missing their self imposed targets.
The winners will be the ones that make progress on the next quarters. TRTC may or may not make it. I'll bet on the guy who performed fantastic during the growth phase of 2016-2017.
The only reason TRTC and all the other MJ companies with assets have fared so poorly is the government. Why is every company effected if TRTC is one that is so so bad? Because it is industry wide. We have an elected government that does not do what their constituents want any more. If you look up every one of the MJ companies as I have over 75 percent have disgruntled investors blaming management. It's not all management's fault.
If anyone was looking for a blue chip in the MJ penny stocks that is a problem. TRTC like most of the other MJ stocks in the pennies is no more than a chance at a spectacular return for a risk.
Some here criticizing our choice have picked stocks like LIBE or ONCI or all manner of sub penny stocks that are close to be halted for non filing and yet they continue to hold those stocks. Even pump those stocks to others.
I will continue to wait for the next two quarters because I don't put money in this market that is a worry to me. TRTC started the year at .56 and their loss compares well with all the other MJ stocks and in many cases TRTC's losses this year are lower than most companies even at .46 .
I hope others do the same and only bet what they can lose - easily.
Here is the article in Forbes Jun 9Th 2019
This is why Alan has no cred.
Public Cannabis Companies Target California
https://www.forbes.com/sites/alanjbrochstein/2019/06/09/public-cannabis-companies-target-california/#6afe77277093
In the month nothing changed. Yet here is Alan in all his well know duplicity.
Shorts get you S%^$ togather. You let the price slip over .51 and you are done.
Low volume says they can not get the herd stampeded. They need more shorted shares.
Now they have their target displayed - .45
A weak assed short. Come on already! More selling less mouth.
Finally someone else with a sense of humor!! On a side note it would benefit the industry to promote this effect in the bible belt and red states.
FDA is expediting CBD regulation process (Newsletter: July 15, 2019)
https://www.marijuanamoment.net/fda-is-expediting-cbd-regulation-process-newsletter-july-15-2019/
American Bankers Association Demands Answers About Hemp And CBD
https://www.marijuanamoment.net/american-bankers-association-demands-answers-about-hemp-and-cbd/
There is hope for our cranky pests.
Marijuana Gives Men And Women More Sexual Desire And Better Orgasms, Study Finds
https://www.marijuanamoment.net/marijuana-gives-men-and-women-more-sexual-desire-and-better-orgasms-study-finds/
Board stock up when it stops going bananas.
The floor seems to be strong enough to absorb the dilution. If not then TRTC's market value will be right at what it's assets are worth or lower and makes it a terrific buy out opportunity. If the floor holds then its probably going to survive the summer and make it until legalization. Either way is OK for me.
This is a turning point.
You bet down from here is the only road. I bet buyout or up when the dilution is done.
Do the Asian markets carry MJ stocks?
Shorts need .45. It's such a bad bet I'd bet some are naked counting on cover.
Every time a penny minded short comes after TRTC it is always the same old actors plus some new new born aliases. Same old BS. Same old ploys.
Boring.
How the U.S. tax code keeps the illegal market for marijuana alive and well
Under Section 280E of the code, cannabis businesses are not allowed to take tax deductions on normal business expenses like employee salaries, rent and utility bills because the federal government considers their trade illegal drug trafficking -- even where cannabis sales are legal under state law. As a result, the effective federal tax rate for legal cannabis businesses can reach 70% to 90%. No other industry has to operate with this very high tax rate.
The illegal market pays no taxes - federal or state.
https://www.latimes.com/opinion/op-ed/la-oe-deangelo-marijuana-cannabis-tax-deductions-20190715-story.html
This article would be a good reason for TRTC to stick with medical MJ and introduce more CBD options until Mitch is turtle soup.
7 Reasons Marijuana Has Virtually No Chance of Being Legalized in the U.S. Before 2021
https://finance.yahoo.com/news/7-reasons-marijuana-virtually-no-154100508.html
One could consider themselves 'invested' emotionally as a short or as just someone looking for human contact.
I just got back into to Hexo again after riding it up to 7.52. The shorts will get squeezed with legislation, great news, or volume.
TRTC is OTC QX which means you are clueless about the company, the requirements to become QX and the conditions you have to meet to remain QX.
Short squeeze coming? a quick pop over .60 would be nice. If I'm right these folks need .45 for 8-10 cents per share gain. A pop over .60 would have some folks scrambling.
Actually more likely the increase in short volume is mostly MM delay actions but the shorted shares also jumped and that is a really stupid short. Thus the increase in drive-bys on this board.
It's always the case, when the paid performers show up in the numbers we are seeing there is a short. You can mealy mouth all you want the facts are the shorted shares increased.
Can TERRA TECH CORP (OTCMKTS:TRTC)’s Tomorrow be Different? The Stock Had Increase in Shorts
"The stock of TERRA TECH CORP (OTCMKTS:TRTC) registered an increase of 7.6% in short interest. TRTC’s total short interest was 625,500 shares in July as published by FINRA. Its up 7.6% from 581,300 shares, reported previously. With 2.40M shares average volume, it will take short sellers 0 days to cover their TRTC’s short positions."
"{The stock increased 4.37% or $0.022 during the last trading session, reaching $0.525. About 627,874 shares traded. Terra Tech Corp."
This week will be fun. The shorts are trying to get to the .46 area But there is lots of resistance below .50. These are amateur shorts.
Only an amateur would short a stock at it's bottom without real damaging news. Made up crap doesn't fly.
https://makdaily.com/can-terra-tech-corp-otcmktstrtcs-tomorrow-be-different-the-stock-had-increase-in-shorts/
Really? A customer can not be a customer without buying something and that sale is revenue. So either you don't understand the financials of a business or are just spouting BS.
I hope it's going lower. I doubt it will break the 52 week low of .46 but it will probably break .50 before the summer is over.
That is bad news for shorty. What does he need? .45? At the least.
Since the RTO crap TRTC is hardly down at all. Warping time to fit one's BS again?
According to Kevin or according to Bloomberg? I opt for Bloomberg every time.
In 4Q18, it seemed that anyone who could say “cannabis” and had a hot-dog cart planned to RTO on one of the Canadian exchanges. The success of companies like Canopy Growth, MedMen, and Tilray swept in a slew of U.S. MSOs rto-ing. Now, most of the Q3 and Q4 RTOs find themselves 30%-40% below their IPO prices, and investors have discovered huge lumps of coal in their stockings just before bonus season. Heading into the New Year, investors will remember, “Fools rush in where angels fear to tread,” and, once again, replace hype with fundamental analysis. In 2019, expect fewer RTOs and for those already listed, they may be caught between a hedge fund and a hard place.
Looks like not following the second wave of RTO's was a smart move.
https://www.newcannabisventures.com/adrian-sedlin-of-california-cannabis-operator-canndescent-lays-out-his-2019-predictions/
Bloomberg it. That is a fact.