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I was starting to worry we were moving up too quick.
Thank goodness for the settling. Flippers flocked in and are fleeing. Keep eyes out for the highs and lows this week.
LMAO
Good to see some oldies piping up. I was here during the golden times of having this jump from .05 to .77 in a matter of months before the shutdown.
Have followed the news for YEARS and through reinstatement. Being removed from the grey market is a real claim to legitimacy - one that VERY few companies are able to return from. Have a good weekend out there everyone.
Same here, I happily accumulated while there was blood in the streets.
Important to remember every uptrend ends just like every downtrend does. Would like to see some healthy consolidation and settling with higher highs and higher lows near future.
Earnings boost today, GOOD news with actual meaning for once in 2018.
Next catalyst? Jeff Sessions gets the boot within 1-2 months.
Next catalyst? Banks get the green light to start taking mj money.
Next catalyst? New AG big on allowing business to flourish through more lax cannabis laws.
good luck out there.
I think no matter how many new developments come out, it isn’t going to budge the price much in the current political landscape.
This company would do well to keep their anchor weighted in the USA for when the time comes, but would seriously benefit from casting a large net into Canada. It will be disappointing if Marco & Co. don’t ink out a deal to supply equipment to aspiring startups to the north.
Vertical/coliseum growing is not new, but the innovations and improvements to this type of setup will help propel the producers of this market.
Looks a lot closer to .0133.
Banks want the MJ money. Wonder what our lovely politicians are cooking up. Money talks and you’ve got over a billion $ floating around out there loose.
Would be great if these lower levels could hold out til next paycheck.
One can dream!
I’d like to double my sharecount as well, but i wouldn’t bank anywhere near a fall that far.
How’s everyone doing out there?
Our guy Marco is still alive and breathing. May he bring many supplies to North American Growers.
5% no biggie.
I’m hoping we stay below .02 until my funds clear. Buy a little on a down day, little swings like these are opportunities.
This is the little engine that could and we see it slowly but surely chugging along.
We all waiting for the next big political move?
If it stays below .02 then that’s a buy for me.
Psshh, on a Friday? Now you’re just taking advantage of folks without their wits about them.
No worries mate. You have to cut off some of the lower branches to let the rest of the plant flourish.
In this case, it’s trimming away the flippant traders in favor of the longs.
LOL, I’ve seen worse. You weren’t expecting this after yesterday?
Curse of the clay trader charts indeed. His video posts never are a good sign, but they’ll go quiet soon enough.
Easy hold. Got wayyy over .02 there. Going to stabilize and start stepping again.
Inevitable.
Depends on one’s expectations.
I’m not expecting much of a bump on a Friday, regardless of the 4/20 ‘holiday’. I do understand that the aftermath of this date is more important. Talk of pot will be littered in news articles to follow, and the big boy politicians are still working a way to get all that cash into the banks.
The experimental states have proven the point that society won’t fall with legalization. Drug crime in fact will decrease for the most part.
Only folks not too happy about this are the prison lobbies. Medical and tobacco folks are split on it, and the alcohol companies are already looking to get on the train.
Lots of these things have been stewing for YEARS in the cooker. A lot of these stocks will be serving up full plates in the near future.
Umm, I put trtc in my top 3. No one is spamming crap?
The heck is with people when they become zealots over a single ticker? Must be a mental illness, because I’m here in support of trtc - not to advertise for others.
How’s chasing supporters off these boards working for you?
Glta
Thank you, but I’ve played around with OTCs like trtc, grnh and phot for many years with plenty of success - albeit a few red ones getting to my trusted picks.
I do like trtc historically and was in them during the big 2014 uptrend.
Those 3 are about the only mj otc tickets I trust anymore - aside from the Canadian markets.
I appreciate your input and will likely be back in trtc within short time.
Good luck to all here and I’ll see you when I’m vested back in again. Will likely sell some stem cell holdings for the good ole terratech.
Not necessarily, just looking to gauge the reasons others have as to why the downtrend is over against my own information.
I’ll make an informed decision eventually, one which I hopefully won’t lose much on - but you know how that can go.
It has risen in the last 30 minutes. That’s a higher bid and higher ask now.
Still, open and close will paint a better picture of the week to come.
Hegyi has impressed against the odds.
Time will tell, but that would be neat to see it breach .02 this week.
Wasn’t the RS fairly recent? Just curious on the confidence in downtrend being over considering how consistent the downward spirals are for mj stocks after these actions.
Don’t get me wrong, I really like TRTC as a company and have owned them in the past. Before I dip my toes back in, I’d want full confidence my money won’t be lost.
But has the price stabilized? I’m curious and owned some in trtc during that spike they had to 1.40 years ago.
Granted, I don’t know how long since r/s - but how do we know the price is really stabilized?
I was really surprised to see them follow through with the RS. Even more so after not following the stock for months and then seeing it reflecting multiple dollars.
If only that rise had happened organically, what an astronomical gain that would have been.
I still lump TRTC into one of the top 5 mj stocks, but I’ve never witnessed a RS that ends well. Why is it that people feel the price will rise instead of the traditional slide back down?
Every time I read a news article about Trump feuding with Sessions, I get a little uppity about the future of this sector.
He is getting hit on all sides lately, and is one of the biggest thorn in this industry’s side.
Even Colorado’s governor had speculated that Sessions could rattle his saber and shut down a couple facilities there to make an example. Hickenlooper also said that he has been advising folks to give it a year or two for politics to settle.
Even Mnuchin wants to get this money into the banks, and while this all obviously points to an inevitable federal change - we can’t hold our breath for a timeline that puts us there anytime soon. Good sector to slowly collect shares in, but sheesh have we seen our share of false starts!
DOJ blames judge, judge blames DOJ, the cycle repeats until someone gets tired of pointing a finger.
I would assume the downtrend is all based on recent legal gridlock on the federal level.
Stocks that have been stout in this sector are hitting lower than I’ve seen them in many months. I’m surprised phot isn’t lower. Wish I could pick some extras up here.
So are you speculating that the federal government would use its power to overrule state’s rights and resume rigid enforcement against cannabis in legal states?
Because that’s never going to happen.
So, nothing has changed in the last 100 years federally? Right, we all know this.
States legalizing, Canada, South America. Do you see them?
anyone only planning for short term would care.
The momentum of acceptance is rolling along just fine. There are constant delays for federal action, however states which have gone in - have not turned back.
Despite the recent politics, it’s legal in more places now than ever before. If we have to wait a bit longer for the inevitable, then so be it.
Great example of why panic selling is bad. We’re correcting the correction.
Had a feeling .02 was more likely than .009.
Trump’s treasury secretary wants MJ money in banks.
https://www.forbes.com/sites/tomangell/2018/02/06/trump-treasury-secretary-wants-marijuana-money-in-banks/#50b7d3fd3a53
It’s about the money. It’s always about the money.
Possible, but not plausible.
Watch closely. Growlife leadership has a vested interest in keeping it above .01 for uplisting, and I’d agree that the chances would be more likely only IF the bleeding continues.
Today is a great pick up, but perhaps tomorrow there could be deep red, you’d have to watch like a hawk to get the cheapest in.
The way things are looking right now,
.02 would be more feasible than sub penny levels. There’s a chance that we’ve already seen the lowest of the low from this limbo.
Plenty of volatility. Not something I’d risk making a call on either way. Here for the long run.
Not such a bad day after all.
Senate to have a special meeting on marijuana legalization.
I’m not holding my breath, but at least they’re talking!
Market is freaking out today in general. Anyone know why?
Clearly a sign that the stock price will hit $4.20 soon and we can all finally retire and chase our life dreams, LOL.
All joking aside, what’s the take on this 8k?
As long as there are sellers below .02, yes.
9 million is small volume compared to beginning of January. I’d be surprised if we don’t close at .02 or above today, but time will tell.