Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The analogy was invalid. Understanding what he was trying to say does not make it a valid analogy. And the opinions of the people on Ihub...well....lol?
That comparison is completely invalid. WTF are you talking about.
You sir have a lack of reading comprehension.
Your statement was that 2B A/S WOULD become 2B O/S. That is not true. That is YOUR opinion. THey currently have 1B A/S and only (without looking) around 750M O/S. Which means that 1/4 of their A/S has NOT been converted. Which means that 2B A/S does NOT equal 2B O/S because if it did then we would have 1B O/S right now. You have no clue what you are talking about. You don't know the difference between A/S and O/S. Converting SOME of the new A/S to O/S AS NECESSARY is not the same thing as converting the entire lot. I did not in any way contradict myself. You simply made yourself look less intelligent.
Use your brain. It's quite simple. PHOT is best in sector. IF YOU, an uneducated, unprofessional, at home piddly trader know this, OF COURSE big money knows this. They are ALWAYS ahead of you. What does big money want? PROFIT. How do you get the most profit from stocks? Buying low, selling high. In the end, that is the biggest rule and the one people seem to forget the fastest when they panic. BUY LOW SELL HIGH. What is big money doing? Pushing PPS down so they can BUY LOW. What are all the small investors doing when they see it bleeding red? SELLING LOW. Stupid. Ignoring the first and only "rule" of investing and letting their emotions scare them into losing money hand over fist, while big money just shorts it down, covers for a profit, then buys it back to increase their holdings. It really does not take a genius to see what is happening. There's just too many people on Ihub, and too many people in general, that risk their money without understanding how things work, and thats why you hear all the sob stories about fools that lost it all in the stock market..They didn't LOSE anything, they GAVE IT AWAY to big money cause they got scared. IF you have done your homework, and you know that PHOT is best in sector, then STOP WORRYING about what the shorts are doing. Stop worrying about a few red days. You only lose money if you sell lower than you buy. End of story. Relax, wait it out, don't even look at the pps for a few days if that's what it takes. But whatever you do, don't panic and sell lower than you bought, because THEN you lose money. The only time you should sell lower than you buy is if something FUNDAMENTAL changes. To date, there has been NO fundamental changes to this stock, so there is NO reason to sell this at this time.
.175 or thereabouts is the current bottom, with no technical signs of it breaking that any time soon.
Hilarious how he posts about the gap needing to be filled @ .12, then when someone calls him on it his next response is "gaps arent real"....idiot
The exceptions prove the rule. Learn charts.
It won;t be silent. All the shorts and bashers will be claiming they were loving PHOT all along.
Although I am a supporter of PHOT, and hope to reap rewards for quite some time from this company, you do bring up some valid points. One thing that does concern me regarding the CANX deal is something that has been mentioned previously on this board. There are several executives with PHOT who also happen to be the founders of several different "CANX" companies, and I cant help but wonder if the CANX deal is just a sweetheart deal pushed through by those executives more for the benefit of CANX than PHOT. Anytime two companies do business, and the the same people are among the leadership of both companies, I cant help but wonder if one company is getting the short end of the stick to better benefit the other company. I don't mean to imply that such a thing is going on here...but the CANX deal really does seem less than favorable for PHOT that what I might have expected.
Looking at the charts, we made a clean bounce today off the support/trendlines around 17.5, I would say next week should be decent, doesn't mean we get new highs, but we should at least begin climbing back up again.
Maybe its unkind of me, and yet, I see all these people with their eyes on todays price action, or yesterdays, or last weeks....elated at the rise and outraged at the fall...and all i can do is giggle at all the short-sighted traders that think any of this makes a difference, or that any real money is being made by anyone at this point. The future of PHOT is exactly that, the FUTURE, and it is going to be beautiful...none of this matters. I am currently sitting at an average of .21, and i will continue holding even if the pps drops to single digits, simply because , in the long-term, it doesnt matter. Anyone who buys shares in the next few months at any price it sees in the next few months, and holds those shares for the next few years, is going to be filthy rich. end of story.
The incident, i mean, not you, lol
Forgotten
First of all, I am not a child, nor am I a "kid". Secondly, I would like to ask you to speak a little more respectfully to someone who is putting out their thoughts. Third, that video has no relevance to whether or not there could be a hostile takeover of this company.
In regards to upcoming A/S Vote.
Just curious but has anyone else considered the reasons for A/S increase beyond the idea that it is part of pump/dump scam? I see a lot of people posting about how company only owns 20-ish percent of their own company, and investors hold the rest, so they cant do it without our votes, and it occurs to me...doesn't that leave the company wide open for a hostile takeover from a larger company with lots of cash to spend?
I mean, marijuana is going to be a huge industry, no one can deny that, and it seems to me that big money is going to be looking at how to get involved.
If I were Philip Morris, RJ Reynolds, or some other large company interested in getting into MJ, I think buying out a company that is already well established and one of the leading companies in the industry would be a great way to go about it. I mean, that is kind of the Modus Operandi of companies these days, in case you haven't noticed. Google, Yahoo, etc.. all buying out the smaller up and comers like Flickr, to take control of them before they become a real threat. If I were in charge of PHOT, and realized how incredibly easy it would be for my company to be taken over, I would certainly want to do something to help prevent that from happening. It seems to me that increasing the A/S would make it MUCH more difficult for such a takeover to happen, and if PHOT is actively trying to prevent a takeover, then that means they must believe the companies future is far too promising to allow themselves to be taken over by a larger competitor at this point in the game. Is my thinking here in any way valid, or is there something that I am missing that makes this theory completely unfeasible?
Its not strange. You forget, this is Ihub. I would estimate 90% or better of the people here are penny traders whho do nothing but ride pump and dumps for quick profits. Most of them have no idea what a legitimate business looks like, or how they operate. Hence the confusion that is running rampant. These folks are like junkies salivating for their next PR fix, and going into withdrawals if it takes to long to arrive. That is all.
With an alias created yesterday I'd say your prediction is about worthless.
you are living in another world, brother. Take ten seconds to yourself and ask this question: what do politicians and the people that control them (BIG BUSINESS) care about more than anything? answer? MONEY. LOTS OF MONEY. everything else is of secondary concern. What does marijuana provide? LOTS OF MONEY. right now, that money goes to criminals. Do you really think the pols/companies (same thing as far as i am concerned) are going to continue allowing drug cartels to reap the benefits of this multi billion dollar industry? Times are changing, you can accept that and come along for the ride, or you can be left behind in the dust with your outdated views, just like every other company that has ever failed to keep up with the shifting winds of change.
If it CLOSES below .247, then I dont think that .22 will be a viable support, no. Cant say for sure that .18 will be support either, but it is likely to be close to .18 than .22, IF it CLOSES (not just dips) below .247-.25
Level 2 is not as important as the chart. Level 2 can show what it likes, it is only a short-term tool used primarily by traders looking to make a few bucks in and out, the chart is what tells the story of the long-term potential of any stock, and the chart on this is exactly where it should be. As long as this does not close below around .247-.25 then it is still in an upward trend and will most likely move sideways for a day or two before resuming its upward course. IF it does close below .247, THEN it will be an indicator that a larger dip could be coming.
I bet you cant tell me anything about NH politics either except that the governor has said shes going to veto, and you only know that because everyone knows that... How can you have any respect for yourself, coming onto a forum and trying to act as though you know anything about a subject in which you are clearly uninformed. Wouldnt you feel better actually learning something about a subject so that you could speak with some kind of authority on that subject rather than just repeating media drivel?
Its good to know we have someone on this board that can see the future and knows what bills are going to be passed by the senate of a state you know nothing about, by senators you know nothing about. Please tell us, oh psychic one, what the government is going to do with the GSE's fannie and freddie cause i'd like to know that as well. And also, please tell me whats going to happen to the future of the second amendment, and whether obamacare will ever be repealed also. Thank you in advance.
You clearly have no understanding of the way government works. Let me explain. There are 3 lawmaking bodies in NH. the governor, the senate, and the assembly. the governor can veto any thing she pleases, but if the senate and the assembly vote 2/3 in favor, it passes into law, and the governor can shove her veto up her A$$.
Know when I learned that? 4th grade. moron.
Simply put, look at the daily chart. If you know how to read charts, it is clear as day that this is exactly where it should be, and remains on an upward trend. Stocks are not going to be green every day. Stop expecting that, its unreasonable and ridiculous. tomorrow will be either upward movement or sideways. If sideways, the next day will see upward movement resume. Smoke a joint. Relax. All is well with PHOT.
Yes, its always about the money, but they "need us"?? Who do you think you are? you are nobody and nothing to this comapny. They don't care about you. and they certainly dont "need" you. all they "need" to do is proper, successful business, and they money will come rolling in, along with REAL investors that understand that a company doesnt pander to every little penny stockers desires. When you invest a couple imllion dollars into this company then you can MAYBE make an argument about them "needing" you....
CORRECT
meh, volume is terrible, we'll likely see sideways or maybe a slightly downward slope for a day or two from here.
lol....seriously? im pretty sure he was referring to the marijuana "market" being funneled into organized crime by the fact that it is currently ILLEGAL and therefore only CRIMINALS such as drug cartels are making billions off it...jesus dude...
Please check the bottom of that ad you received, and tell us if the promoter has been compensated for the advertisement. If they have not been compensated, it means they bought shares and are pumping on their own, if they have been compensated it means phot likely solicited it.
Gone Green is actually correct. Historically, companies that focus on BUSINESS succeed and provide excellent returns for shareholders, whereas companies that focus on what shareholders want tend to not do as well, simply because what shareholders want and what is good for the companies future are not always the same thing. Shareholders are not by any means business professionals, and they tend to be greedy and care more about pps even when doing things to increase pps can compromise a companies future potential. I would rather put my faith in the skills and experience of knowledgeable business professionals that are trying to run a successful company than in the hands of a large group of opinionated greedy investors/traders whose only concern is PPS.
You can fix that by using a portion of your holdings to attempt the trades with, instead of the entire thing. that way if you do accidentally miss the run you still have holdings to profit from.
Everyone trades differently, there is no "normal". If your research and DD tells you that phot is a good long term buy, then by all means by and it and stay glued to it long term, only way to learn is to follow your own thoughts and knowledge and instincts, and adjust your future actions based on your own experiences.
I have never heard of anywhere that delivers real-time quotes free, other than your brokerage, which should do so.
Marijuana is an entirely new emerging industry. Its cotton when it was new. Its tobacco when it was new. Its oil when it was new. Anyone invested in those industries when they were emerging became filthy rich, and it will be the same with marijuana. Shorts can short all day, and Traders can trade all day. In 5-10-15 years it will be those longs that bought at these prices and didn't sweat the small ups and downs in between that will be sitting on top of the world.
Heres link to all Growlife Stores.
http://www.growlifehydroponics.com/#!stores/c4fi
While I agree with your statement that people should do their own research, and not depend on others, it is up to those who are on the up-and-up to provide the proper example for others who are new to Ihub, and showing yourself to be a helpful and friendly poster will encourage more people to respond in kind. Devolving to the level of the worst around us simply makes us as bad as they are.
GrowLife Hydro 3285 Santa Rosa Ave., Santa Rosa CA 95407
First physical address i came across on greners.com
Dunno anything else about it excpet that I was on the website and saw the address. supposedly opened around october. Dunno if it really exists or if the doors are open.
Isnt the purpose of Ihub for investors to gather and discuss and share information with each other? Cause it seems to me that someone who is posting on these boards asking for a simple bit of assistance deserves a better response than "do it yourself". Kinda rude, almost a d%^& move if you ask me...
BREAKING: U.S. new-home sales rise 7.9% to 421,000 annual rate
Bloomberg NewsVerified account
?@BloombergNews
BREAKING: U.S. new-home sales rise 7.9% to 421,000 annual rate
Not just the currency my friend, the whole US govt is a ponzi scheme...