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Really nice article. This article really supports PHOT, and its future.
The need to be on the forefront of regulatory, and financial reporting, as well as expertise in setting up the businesses is invaluable in this massive new market.
Philly, I recommend you take at least 40k and put it in a diversified portfolio
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Let's at least admit there is some risk here. If I am wrong, just tell me. What if the initial couple hundred million warrants are sold off early, and Growlife's earnings are not exploding???? The stock would be almost certainly be crushed. I have 25% of my taxable portfolio in PHOT at the moment.
I hope CANX doesn't exercise those warrants early next week.
Damn man, I almost feel bad for you. You better cover on Monday morning at the open....
So how far underwater is your short position? You seem awfully desperate at the moment.
Bought 40,000 more at .30. I was half way expecting to have to wait till next week to see it green, but what do you know....
Still seems positive. If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
Its easily possible PHOT could get bought out at some point. Someone said earlier Homedepot will get in the game and crush PHOT. My thought was, far more likely Homedepot will sell the very lines of equipment that PHOT and its partners produce.
Honestly, I don't know. Someone said they called TDA and were told OTC can trade till 7pm est. I did see this volume appear on Yahoo and TDA.
I actually made a similar statement earlier, bands post# 58490.
Someone bought over 2,000,000 shares after hours. Will be interesting to see what the action looks like manana.
With so many spelling errors, you lost any tiny bit of respect I might have given to your opinion.
My sentiments exactly. I bought my first 100,000 at .18 cents and im waiting to see if I get to accumulate more. I do plan to buy more shares tomorrow if there is any further dip.
Long, what is your opinion on PHOT? Have you done enough research? Not to insult, I am just asking. I think there is some risk here regardless of the knowledge. Despite that, I am holding all my shares, and plan to buy more tomorrow.
62ish, I will be purchasing more shares tomorrow.
Apostle,what do you think was really going on with the after hours trading? I kind of suspect those bashing the stock of coming in to buy shares.
If you want some laughs while you smoke a bit, take a look at the Deputy Director Drug Czar get his ass handed to him.
http://www.c-span.org/video/?c4483463
Of course, the vote doesn't actually increase the outstanding shares, merely authorizes an increase in the maximum, which the new cap could be used to fuel huge moves in the industry.
Nice article. If growlife can get even a minor slice of this amazing new market, I can't wait to see what my 100,000 shares at .18 (:P) will do.
Double,
I am hoping for the same. Bought 20% of my portfolio into PHOT at .18, sold half at .23, wishing I had not now, obviously. I really hope I can get back in around .25, and double my position.