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Yup, it's get in or get out time.
For a retail grow supply chain that has stores and online sales to all 50 states + international shipping - it doesn't belong in pennies.
It's a stock realizing true value in an emerging industry.
There is NOTHING like getting in on the start of something big.
Let's not forget companies like ford that also started at pennies.
Ok, but what do stocks like amazon make on their earnings?
Actually, I've been around long enough to read your fear mongering, I welcome it as a fellow human being because I'm beginning to understand the motivation and yin-yang of bashers to supporters is necessary.
Regardless, I was in at .06 and .08 and I'm a long hold here. Best of luck turning that $!
Thanks NRC, but That will be voted on by..... Shareholders!
Support formed at .32?
It's in the news, Marco Hegyi from Microsoft as well.
100 million volume?!?!
Hit over 75 mil volume! What says the wise monkey?
Fair enough, I even think my small buy at .24 is safe at this point - but you never can know what the market is going to do.
One thing is for sure, our high spending, deficit increasing government is noticing a new source of tax revenue.
And if you've been holding since .06-.08 then no need to worry if it slides a
Few cents here and there.
Phot long - with growers needing to supply more product, they will need
More equipment.
Amazing opportunity!
Are we really moving like this on no news?
Word to that my investing brothers
I'm on scottrade, but updates are taking forever!!!
Ah this is terrible, if calculations are correct then the money I put in just doubled.
Absolutely no way to see it in my account - are we just stuck in limbo without a timeframe then??
Anyone know when the transfer is made on scottrade?
I can look up plped, but my stock shows plpe# and invalid.
My .08's had a good day at .42 :)
But I'll be back, probably soon.
3.5 mil volume in 2 minutes??
That blip on .30 sure got me excited for a moment!
Too true. In this case, legal Mj works for both left and right wing.
Legal Mj appeals to democrats as a social issue that has imprisoned millions of minorities. They want it legal so we can get equal liberty
Legal Mj appeals to republicans from an entrepreneurship and small business standpoint, as the shape of the Mj economy promotes small business owners to provide to the market (at this point).
So whether you look at this socially or fiscally responsible, it applies to both.
The main issue we see are those who are for the most part controlled by lobbyists against Mj. You'll see them throw ignorant slander against this industry much as you would see the bashers on this board do.
$ is king though, and the legal effort is here to stay.
Fully audited, fully reporting stock on the OTC - how many Penny stocks offer this?
Then like chef said, how will they know what strain or % they're looking at?
Sure they could lab test all products and have more $ in the scientific part of the industry, but eventually the push back will be strong enough to the point they will need to know origin of strain.
Not to mention possible contaminants from off the street weed.
IMHO - no matter which way the wind blows, the suppliers of this equipment are still in a good spot. A good legal spot.
Clamp down? Then black market Prices go up and underground growers expand to ensure enough quantity in the case of a loss.
A medical market supplied by the confiscation of pot from the underground world wouldn't be acceptable for long at all.
Growlife is all about the supplies. Underground and legal markets both need to get supplies from a source. Not all will purchase from one of Growlife's stores, but they're setting up to be the main chain.
The exciting thing about this industry is there are many motivated by the legalization, but many underground still profiting from black market prices and they will continue to buy supplies as well.
Yup chef, that won't last - these plants need growers. Supply and demand won't hold up with limited supplies of confiscated goods.
Yah that sounds a bit ridiculous pulling product from evidence lockers.
Growers will be needed regardless because that supply will run out.
It's a good point, but what also needs to be understood is medical is a stepping stone. Once medical goes well, recreational is on the way.
Also, growing for the medical establishments will be allowed because how else will they make it?
Medical or recreational, it helps growers either way. You don't just pluck Mj out of thin air. Even if the guy is just doing this for political posturing, it's still something that directly allows money to flow into big suppliers.
Well with New York becoming 21st state to allow medical consumption we certainly are on the fast track.
The Wall Street hub is picking this up, that is HUGE.
They're limiting it as well at the start, so who is going to see the $$$ first? Suppliers!
Rob and the rest of the phot team is due to have a field day here!
Also, guess who growers will be going to as they try to secure more grow supplies to meet that insane demand?
He's now a supporter, but would still like us longs to sell so he can get that dip =)
Long and strong all. This is only second day of legal rec states.
It's blasting over business news channels all day, demand is outweighing supply.
Great post just as phot hits 20!
62 million and counting.
2014 is our year folks. This is the industry's year.
It's quite the opposite. Plpe isn't done because it hasn't yet begun.
This little spike that attracted all the attention is done for now.
Until plpe is vape and has it's chance to show us everything, the stock is pure speculation. Thus, it moves as volatile as others that trade off of speculation only.
With the general popularity of vaporizers these days, it's a decent bet that once plpe finishes the conversion to vape and sells their product that they will then 'begin'.
Right now it's all people rushing in early with mm's and shorts adding to the pandemonium.
My biggest concern is if these hive vaporizers will surpass effectiveness and quality of the others out on the market.
M
Mine got into phot and plpe as well, great to gain with the family.
Stocks like mjna and cbis will gain on their names alone, no doubt they should have something up their sleeves for 2014 as well.
What we have here though is the cream of the crop.
All day bouncing between 15.5 and 16.5.
Buckle up everyone, here comes January
Thank you, let's proceed.
It will climb, just fill my order already!
Welcome back mullet! Here to oversee the climb to .20 ?
Phot has again scammed me into more money and I'll be sure to sell all my shares tomorrow of this fat diluted pig...
(End sarcasm)
Prepare for surprises.
Meh I let them go at .18 and will be back for more after this spike.
If there's anything I've learned in the past year of Mj penny stocks, it's take your profits and don't let them go.
If it turns out this thing flies higher than we all expect and has no drop then I'll be back at the new low.
Plpe!
If they have perfected the ceramic vape then this will be a fun ride.
Even most large scale vape's I've seen with ceramic elements have failed or provided inconsistent results.
Blam! Great day folks.
Anyone know when we get that infamous ticker change?
Curious, why don't you think a major supply company won't benefit from recreational legalization?
Everyone from personal private growers to large collectives and dispensaries need supplies.
For the first time in these states, many first timers can go to the store without looking over their shoulders or worrying about law enforcement taking their tags down for simply parking there.
Have you done any research via icmag.com ?