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And so would my investments. GO PHOT
Congress is going to be forced to deal with this sooner rather than later. As more and more states legalize rec mj there will be no turning back. Probably at that point now unless they want a revolution. Right now I'm not sure what legal standing the DOJ has for standing aside and I have seen some stories about impeachment of Holder for not enforcing. So congress could use this as a political tool to force Holder out which would drag out changing mj's classification or they could bend to the will of the people and just do what's right. Based on history they will probably do the former.
My take is that portion (equipment) will be sold. Allowing them to concentrate on distribution and growing. More distribution as I understand it as the 5 acre is basically the model for future local growers.
Don't forget textile industry or more specifically cotton. At least when it comes to hemp.
Counterfeiting.
Which is why I think this was perfectly timed. By accident or otherwise.
I'm patient and relaxed. Just specualting that if share holders can start voting on Monday via proxy then I think we get a PR instead of waiting until later or end of the month. The longer they wait the more votes come in rejecting the A/S. Just my opinion.
Very interesting.
Wouldn't you think they would announce contracts or other news before share holders
have a chance to vote via proxy?
Haven't got a proxy from my broker yet so my guess is news, file, submit and send proxy then vote. Which leads me to believe they will need to announce something soon. Feb isn't very far away and I don't know if there is a timing sec rule in regards to proxies.
Agree. And the beauty of this company is they listen.
Definitely before. It has to be otherwise it won't pass.
PR wasn't needed for any stocks in this sector. It was all free this week and would have been wasted in the noise of legal weed. So they were smart not to release. I think TRTC has some news this month per CEO.
Thank you and nice call.
Or bought more.
As far as I'm concerned for TA purposes it didn't hit .25. Heck I could have bid $1 at 50 shares just for giggles.
2500 shares? Looks like a head fake to me.
Did the .25 high today seem strange?
My chart on Schwab doesn't show it going that high. And watching it looked like it spiked and instantly and came back down. And I mean instantly. Faster than I could trade.
Days range does show .25 though.
I thank them from the bottom of my heart. Appreciate the cheaper shares.
Yes indeed. Thanks for the post.
The cast of characters is now complete. Let the show begin.
Then sell some and keep a core. Otherwise you will lose when they grab your shares and you will be chasing it higher.
Hey if he wants to set it that low then I'm all for buying his shares when they rip it down to take him out. Maybe I'll put a buy order in at .14. :)
Doesn't matter if banks get in. PHOT is uniquely position to service the industry.
I think what is more likely to happen is PHOT will acquire trt#‘s equipment side of the business leaving trt# to growing MJ and there edible bus.
59% short volume today.
Very well done. Thank you.
They present on the 13th.
Could be we get updates or possible partnership news.
http://www.ebdgroup.com/bts/presenters/prs_comps.php
People new year selling for gain. Now that it's out of the way run some to Jan 14th conference. IMO
Article from Blaze
Check out the aerial shot.
http://www.theblaze.com/stories/2014/01/01/with-recreational-marijuana-sales-now-legal-in-colorado-how-did-the-first-day-of-business-go/
Dumb people who put stop loss orders in. As far as 3 transaction? Not that I know of. At least not on my account.
The genie is out of the bottle. If they try and do it now look for the Boston weed party.
AB on BBC?
From Ziggy on TR$% board
Just found out AB is having a live interview with BBC....will post details when announced.....guess what stocks he's going to mention????;). Ziggy
TRTC & PHO$
Once this hits get ready.
They are as happy as clams right now because their MJ play is doing well also. But they will be back as soon as we start consolidating. Like roaches in the dark. Might not be for awhile though as PHOT looks to have legs.
Correct and then a dip right after at around 2:11. So look for it then.
Agreed. Without total knowledge of GIFT it won't pass.
I'd rather be slow and steady then pop and drop. Like some others are going to do.
No secrets with PHOT. News will be released when it's ready.
Correct. He also said they weren't going to piece meal announcements regarding GIFT contracts. The first could be one but could also be multiple. For sure there after will be multiple contract announcements.
Also the way these things usually work we may see a PR from the recipient before PHOT. At the very least a joint announcement. Especially if it's a publicly traded company.
No set date. I say early Jan.
I noticed some decent spreads yesterday. At least compared to what I have been seeing.