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The article was about holding. Not flipping. I wouldn't compare it to a penny flipping alert.
Could have been the 40% short volume today.
Or tax loss selling.
Not until after the 1st IMO.
That has already been swept away by the market. And now that it's out of the way. GIFT and Kiosk announcement. Soon. Very soon.
It comes down to trust with any of these companies. They all have shares on the shelf. Some more than others. They key difference between them is who is running the comapny. If you trust them to increase shareholder value with A/S then no worries. PHOT and one other are long for me. The others are a day trade.
PHOT SUPRISE!
"In addition, Growlife has decent revenue, which is expected to reach nearly $4 million for fiscal 2013. Many of the other so-called ‘marijuana’ stocks—mentioned somewhat favorably by other analysts—have little or no revenue"
It's a short term play/day trade. If you can get out when it starts to dive. PHOT and one other is the long term play.
Thanks for the update Monkey. Glad I got more today. Too many catalysts coming up not to be in.
PHOT has been up a lot more than the others. Corrections and consolidation are inevitable. And a great chance to add more.
And it will come crashing down harder.
He said in the webinar that they were going to barely cross it. Risk/reward and trust the way I see it.
Number 1 reason I look at when investing in a company is management. PHOT has it in spades. The others except one, not so much.
I know.
Contact IR.
Because cotton and such is a powerful lobby.
GIFT will happen and will be done legally.
Anyone questioning how they can do it legally can either contact IR or wait until the contracts are announced and chase the share price up. Email or phone call. It really is that simple. Wouldn't this be a great chance to make some $$$ on the answer you receive?
Or would you rather rely on the answers from ihub board members? Asking or stating this over and over here has gotten you nowhere. Who cares if other board members don't know the answer or don't give the answer your looking for. If you really want to know I'll say it again contact IR.
"Looking and ready" isn't the same as being in. At least not to be named as an mj. No matter. Edible gardens is where it's at for me. MJ will be the bonus.
Not sure how. They aren't involved with mj yet.
Try 5 or 10 acre indoor grows. 1m isn't enough
Because if you want to invest in the mj space you need to compare companies. And not just on A/S or dilution. I would think this to be obvious. If your DD tells you that none are worth investing in then fine. You can always invest somewhere else. At this point for most of these companies it comes down to trust. Which management team do you trust to execute. I think most here would agree PHOT comes out near or at the top in this respect. But maybe I'm wrong. I guess we will see. If your still around.
I have a hunch but I don't want to get stoned. (No pun intended)
Thanks Ziggy. Was trying to get a handle on when the 5 acre site starts generating sales. Q2? Also I think mj grow comes late 2014 or 2015. I think they are looking to be as legal as possible and it will take time. That was the impression I got from the webinar. Anyway like I said before I'm getting in after the first of the year. A cent here or there doesn't bother me. I like the management and Thanks for me it's a very important factor.
After ramp up when is the earliest they can start to harvest/move product?
If they do then cheap shares for me. Is that being greedy?
The stated in the ican radio shown that they weren't going too release a pr on every deal. Multiple deals at a time pr's.
"In connection with the closing of the Agreement, CANX provided funding in the amount of $1,300,000 for a GrowLife Infrastructure Funding Technology program transaction and has provided additional funding under a 7% Convertible Note instrument. "
IMO transaction deal is inked.
I don't but you have put importance on it in your previous posts so it was really starting to make me question my position in PHOT. I DO care about the truth though. So it should be reiterated AB did not tell his subscribers to sell. Put it how you will but he never made that statement.
I didn't take it as competition to phot. I took it as a fund that will invest via shares in public mj companies and not as venture capital.
My guess the first announcement will be for multiple contracts. More epic.
There are a few from this board that post smack on the phot board as well. Not sure why they think it will affect anyone. Anyhow I will be adding $$$ here after the first of the year. I have done my DD and both companies look to be the future of mj.
"Accredited investors"
Buying shares not providing capital directly as in the GIFT program. Which would be good for PHOT and a couple of other legit companies. High Times as an institutional investor is very interesting.
Bought more myself. That was a gift. If it drops tomorrow I will buy more again. Holiday shake out is a great buying opportunity.
Now that's funny. PHOT will consolidate and continue it's climb.
No it isn't. He didn't tell his followers to sell.
Who cares when he last posted to ihub?. Let me ask you this. What two companies does Alan think are the best in this sector? I know the answer but lets see if you can even say it.
No revenue?. Could you please provide proof to back up that claim?
I know for a fact that isn't true. That doesn't seem to bother you though.