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The US sector is in a lull, primarily due to the uncertainty with Sessions/Trump, but cannabis will win that battle and those companies showing growth and increasing revenues will prosper... TRTC more than most... I need not repeat Buffet's words of wisdom here, so I'll simply close with - Entering a LOADING ZONE!
Exactly, sold most of these shares 4/17 & 4/18, just in time for the taxpayer.
Sold these shares last week, still has 1.2 million commons.
I've been LONG on TRTC all along, holding several hundred thousand shares, and have no plans of selling until we see $1+. But let's all be realistic, the company current sits with a $140 million market cap... would I like that number to be $840 million right now, of course, BUT we are in a realistic valuation pocket ($125-250 million), granted a little on the low side, but a fair valuation. On the bright side, the company is kicking ass, expanding as anticipated, growing revenue as expected, and should continue on its projecting growth in sales and breadth. Did we all hope the GREEN wave 2.0 was going to carry the sector to new highs, yes, but given the political climate, I think we are in GREAT shape moving forward... assuming you are long. Shares in the .20's are cheap, cheap, CHEAP! Continue to buy on the dips and hold as TRTC cements its hold on sector leader.
If I still had 20 million+ shares in preferred stock, of course I'd sell my commons to pay bills, taxes, buy a home... this is NOT unusual.
Chill everyone. Look at Canopy Growth the past 3 months... down 25%. The sector is in a lull, but the strongest in a sector always bounce back and prosper. TRTC is absolutely a leader here, with impressive sales, continued growth and expectations for accelerated expansion and profit... HOLD and BUY on the lows.
Sounds like PJ is back on board the TRTC train??
50/50% in Reno, but 100% of revenue and profits expected within the next 2 quarters from all other locations!!
I've heard enough... Monday we see a BUMP!!! Derek is killing it! $38-40 million target for 2018!
Hmmm, a little bump up. Catalyst??
Still long and strong here, but if we see .26-.27 it's time to back up the truck and load up all you can!! TRTC will be back up into the .40's and above within 60-90 days, probably much sooner!
Looks like a nice little bump for the MJ sector this morning, including TRTC! :)
.40+ will be back sooner than you think!
Have been expecting for a while now an EOY close around .32 - .34... we'll see.
Hmmm, now over .30... still quiet here... perfect!! Everyone, Shhhhhhhh!!
Up 7%... quiet board... I like it!!
Look again, TRTC UP 5%.
Big deal! He sold at .28 and .25.... $$ for X-Mas gifts! He's still sitting on nearly 700k shares.
Good chance we'll see .23-.24 for another great opportunity to load up for the long-term prize (or for the flippers to do their thing too.) GLTA
So stock X goes from .10 - .30 in 2016. Goes from .30 - .60+ in 2017... goes from .60 - 1.15+ in 2018... is it a scam?? HELL NO! Just growing and expanding from infancy in an unorthodox sector with minimal banking options... GO TRTC!
Very happy to have dry powder... loading more if we see dips in the mid 20's... theft!!
STOP with all the ridiculous pump & dump BS! Have you SEEN the beautiful dispensaries TRTC has built? The company continues to expand their assets... it takes $$$ for a company in its infancy, in a sector in its legal infancy, to prosper long term. DP is doing exactly what any smart long would hope he continues to do! Pump and dumps don't do this! TRTC still poised to LEAD the MJ sector in 2017 and well beyond! (will continue to load up and hold on all dips below .30!)
Disclosure: 300k+ shares and happily holding LONG!
FL has got to be next for Blum/TRTC!!
http://www.cnn.com/2016/11/28/health/health-care-refugees-part-2/index.html
I'm in Orlando, ready to spread the good word for TRTC in the sunshine state!
Incorrect! DP is doing exactly what he said he would do and what I hope he continues to do... EVERYTHING he can to gobble up more assets, and build more dispensaries!! Profitability should not be nearly as important as growth during these infancy years. Profitable revenue will come by 3rd Q 2017 - 1st Q 2018. Right now, build and acquire as much as you can and TRTC will be GOLDEN!!
Please, fear mongers.... the whole sector is in an "uncertainty fall"
Canopy Growth down from 14 to 7 in past 5 days.
If you believe in the MJ sector, these are BUYING times for sure.
IF not, GL waiting for Sessions to make his first move one way or another.
You're certainly entitled to your opinion, Matt, but using words like "NEVER" regarding penny/pink sheet stocks is ridiculous. Do you or I KNOW if this stock will be .25 or $1.25 six months from now? No. Do your DD and apply your $$ accordingly. GLTA
Wrong, it will go away as soon as Trump reconfirms that the states will dictate MJ law (certainly those already grandfathered in) IMO
"How will common shareholders benefit from TRTC assets? they are confined within the preferred shares !!! "
Really???
Let's see, I bought a couple hundred thousand shares between .13-.22. Where are they today? And I'm holding and willing to bet that by next summer, they'll be 500-800% above what I bought them for... Geez, I'd say I, a common shareholder, has benefitted... if you can't see it or say it... sorry for you.
Not a chance, Matt! The "spook" has taken MJ stocks lower the past week+ and should bottom out today/tomorrow... these are amazing buying opportunities for the sector... watch!!
It's been there weeks AND its not the first time he's done it!
Written by one of the moderators here who we all know to be very biased against the stock (when he's looking to get back in at lower price...)
No no, we're at the bottom here! Scoopin' up more cheapies as we speak! :)
"Momo" gone from most MJ stocks because all they had was hype! TRTC has assets and continues to grow like no other company in the sector! MJ play will come our way!
Looks like the MM's are going to offer up cheapies this morning!!! Mid, even low .30's may be available early a.m.! If you've been on the sidelines waiting to get in, you won't get a better opportunity!
Long and strong with TRTC!