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Without GIFT in the bank it would be no. Which is why they can't let the proxies hang out there too long without news. Share holders will be submitting their vote as early as the 6th.
Agree. And your point about Amazon is spot on.
Both. I want it all!
Kind of late to the discussion about 40m GIFT. You should read some of the older posts before bringing this up again. Very informative.
Or Doc that you?
I could see HEMP traded that we. Good point.
Sorry darn mobile app.
You shouldn't by worried or waiting on a .02 dip verses a .07 to .10 pop near term. .20 is still a good entry point. IMO.
You shouldn't
For sure. Because the shorts are so emboldened that they will never surrender. Not unless we drop the bomb on them. Not one. But two.
Based on previous posts I got the impression you traded in and out of PHOT. Not judging. Are you holding long now?
I hope it's next week so we can immediately shove it up his a hole. But I think the 13/14th will be the soonest.
I would not vote for him.
He is limiting access.
If you want recreational, which most people support, then find a candidate that let's you decide for yourself whether you want to consume or not instead of a nanny telling you no.
Congress will be forced to act this year.
More importantly it's because of the SEC. Since they are a public company TRTC has a fiduciary responsibility to share holders to not put themselves in an illegal or non compliant position.
I agree with you and perhaps NY will force the federal gov to act sooner when they start running out of medical MJ. But right now their plan is plain and simple stupidity. Cuomo has stated publicly many times he doesn't support MJ. Medical or otherwise. He is only changing his tune on medical for restricted use why? (It's rhetorical so no need to answer)
You think so? How about just clampdown or confiscate more? Turn around and sell it for medical use. In affect a state run operation.
Progressive thinking at it's finest.
Heck look at what Twitter, Facebook, Tesla or any of these other (at the time) speculative stocks. What were their earnings when initial IPO came out?
Now I'm not saying PHOT is comparable but PE, market cap etc goes out the window at least in the short term (meaning 1 yr plus). They trade on hype and expectation. Is a 10-50 PE fair for PHOT? Who can say. I think we have a lot, and I mean a lot, more up side.
The article states they will get it from law enforcement or the feds. I know it's stupid but that's what it said.
Everyone talking about NY needs to understand exactly what going to pass there.
I agree it's great press for the industry but as I understand it the medical will be severely limited and growing won't be allowed. Cuomo still doesn't support MJ and even for medical it will be very limited as to what he is going to allow. Just enough to get him re-elected IMO.
I'm not counting on NY to provide any $$$$ to PHOT's bottom line. At least not anytime soon.
If the people of NY support legal weed they need to vote this clown out of office and find someone who will act based on the will of the people and not what he or she thinks they need to do to "protect" the people.
I hear ibuprofun helps that.
Wow did you read my mind?. We must have been typing at the same time. Lol
It is all good for PHOT. Home grows, industrial grows. Money on both ends.
I agree that some people will grow. Which is great for PHOT's retail locations and on line store. But it's not as easy as dropping a seed in a pot and forgetting about it. Depending on where you live you will need to grow indoors. So that means lights etc. and the room or area to grow. Plus you have the smell so you will need to vent. You could buy a phototron but that is limited to how much you can grow. If it was so easy why wouldn't people just grow all their own vegetables in their home? It's all about convenience. I can think of better things to do with that space and in my home.
The big money for PHOT will be in large grows. They know this, which is why the company has pivoted with GIFT. Which is when I dumped a boat load more of my money into the stock.
Great post and a lot of good points.
I will say his comments really bring out a lot of good DD for anyone looking for it on this board. Keep up the good work JJ.
For the same reasons most people don't brew their own beer.
Well done.
And one has a price target of $10. What an idiot he is.
PR's move all stocks. Especially good pr's and not the fluff ones.
We did but all the new investors didn't until they saw the news and the companies associated with it. We were ahead of the curve. New money is good and purchased at a higher price than us creates a base. We were basing at .18??
Last week was a rip your face off news bonanza. The way it traded was expected. Look how it didn't pop at first like the others. And look how it closed green on Friday. This is very strong. Like bull.
Indoor will be mandatory for medical MJ. It must be secured. Can't safely do that outdoors. Nor can you control the growing environment.
Next.
Disagree. Phot has been trading like a stair stepping monster. If you said plp# or one of the others I would agree.
No. They are starting an investment fund for select investors. I already have my own fund. :)
He can because he knows what's best for people. At least until the next election.
No growing in NY. They will get there supply from law enforcement or Fed's. Talk about stupidity.
Cuomo is still against it and will allow only in certain cases. It will be locked down tighter than a nun on Sunday. Also there will be no growing. They will have to receive it from law enforcement. Wouldn't want that to be the source f my medicine.
You can't grow in NY and it looks like you have to jump into the air, clap, spin around three times and never touch the ground just to receive it.
That state is just a mess of progressive rules and bull crap. Besides they would have to get past King Cuomo.
With GIFT you get a partner. With a bank you get a one night stand with the crabs.
More likely for growlife to buy trtc's equipment business. Growlife could then provide trtc with backbone for mj growing as well as other hydro needs. If trtc needed capital to expand into mj space they could do so via GIFT without the need for dilution to their shareholders. I see TRTC standing on it's own. This is how I see it playing out but all this is my irresponsible speculation for this bitter cold Saturday. We will definitely see consolidation in this industry as the players jockey for position.
You will. Don't play the PM game as it will probably pop. Then watch the fast or slow short ride down during the day. If history is any indication.