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News release on Monday will be huge. Record sales at all locations. Should bump this to .25 easily
Out at .187? Expect a bigger pop than that next week. If you don't think Terra Tech is going to release a report about the success of sales you're kidding yourself. Expect an update next week which will allow this to continue momentum upwards
How much did you lose?
Fortunately the share price will double and maybe even triple before that happens...if it even happens
Yes but they had to be purchased which is why you see a cost and also why the spike last Friday. Just look at the volumes and you'll see. Still positive no matter how you spin it
Ok. We don't know if he actually paid for these shares out of his own pocket but they were purchased and purchased at .17 which is why the stock spiked on Friday. For an insider to dump at these prices would not be smart if they just bought 1M shares at .17. This will hit .30 soon...just buy and realize this is what will happen. Just a matter of when (next month)
Penny flippers will be chasing soon. Too funny
Overall market is down...that could be a reason why this is down. Get in while it's cheap!!
NESWFLASH: 95% of MJ companies are not profitable at this point because the industry is just getting started. Until the laws really start to change, profits will suffer. We are getting there. Get in now if you want to own a nice piece of an explosive industry at a great discount!!
Time to short this POS back to under $1.
Great advice. Telling people to sell shares they've been holding for who knows how long just before Nevada launches recreational. This is probably the worst advice I've ever read. Good luck with your investments...lol
Terra Tech has 10% of the dispensary market. If they own 10% of the tourist traffic that's 4 million potential customers. I'd be happy with 25% of that traffic
Derek Peterson quote (2016 Q3): "If Nevada votes Yes for adult use come November, we go from 10Mph to 80Mph in that market."
We shall wait and see what 80Mph brings us investors. Please stay on the sidelines and observe. I don't mind risking a few dollars at these levels to see what happens. I didn't buy at the top like most complainers here.
Good luck!
Before July is out my prediction is .25 minimum.
We all know the revenue is going to be huge. I'm confident we are on the right side of this trade. I'll take half of those projections and I'm sure Terra Tech would be delighted with 1/4 of those projections.
Y/Y revenue growth will continue to double for a many more years to come.
My advice, buy some shares and revisit in 5 years.
You are assuming that SG&A and margins will forever remain the same and that growing companies can never reduce them. This is very small minded to think this
.17's should be gone today. The rest of the week will be $$$
Recreational sales start July 1st. Might want to close out your short position or average down...not sure which side of the spectrum you're on since you keep regurgitating the same old story. I smell fear
Great point Johnny and you're right. Those who are upset because they bought this stock at the top and holding the bag should know this stock will be taking off soon. Management know investors expect positive things for the next number of months given that July 1st opens rec in Nevada. Expect big moves in the stock price from here
AirBnB ...Cannabus Tours.... Entrepreneurs designating pot smoking condos..etc. These are some of the creative ways around the current laws on smoking MJ for a tourist. Also keep in mind edibles. Did you forget these things?
I agree. This could very well fade back to .0004 cents. Next year this time the will be at 1.5 Billion shares outstanding and I don't see much change in market cap. Revenue might grow but losses will continue to exceed.
If they converted all B shares the company would have as much common stock as a most on the OTC. Would still have less than a particular company that I may signal to however will stay at bay.
If only DP would come clean as to how much he spends each year to lobby the government and industry around him in order to position Terra Tech. Unfortunately we have no idea what happens behind the scenes and this is how it will be until the industry matures. It's all a guessing game.
Nice response. Those who live in glass houses shouldn't throw stones. The other board may contain some inhabitants of the glass house.
We will break through the 50MA before close on Friday. Next week will be interesting. Get ready for a news release by DP mentioning the strong sales with the opening of recreational.
TRTC is a spec stock not a blue chip like GM. Monies used here should be similar to buying a lotto ticket with the same expectations IMHO.......
My opinions on TRTC will always be positive as my holdings were paid for by others..... so please ignore my statements as DD and treat them as entertainment purposes only.......
Enjoy the ride
Penny flippers at .16 and .17 will soon be chasing this up to .30 and missing all of the big moves. I love this. Bought back in at .15 and holding for the ride up. TRTC is a trade folks...we know it's headed upwards from here and will likely top out at .30...at least that's what I'm holding for. Not even all the doom & gloom the bears bring to the board won't change this. They can scream sell all day long. Won't change the direction of this stock in the near term
Exactly. Agreed 100%.
If anything maybe the R/S happens next year but it's a wait and see based on recreational sales. Nobody knows how crazy the sales will be. The summer is here and the party capital of North America is opening up recreational. I'm buying up any big drop in the share price because I know the flood gates will be opening up soon to new investors. Next week will be very interesting. Selling now is a bad idea
Every OTC stock carries its risks and has its growth concerns. This is why they are trading on the OTC. The entire MJ sector in Canada and the US has share dilution and insider selling. This is the nature of the beast until prohibition had ended and these companies can operate in the same environment as other public companies
A major Canadian MJ company just released their Annual Report today. Based on what I'm seeing, Terra Tech is undervalued and not raising any red flags for me based on the current regulatory environment they are operating in.
This is why preferred shares are created to begin with. To protect owners of the company.
Short interest is way down folks...the bears are cautious because they know this is moving north heading into July 1st. Lots of money to be made here in the short term
This is old news buddy. MJ is also Schedule 1 which is probably a more important disclaimer. You might want to stay on the sidelines until MJ is rescheduled.
Same info just keeps being recycled on here. Can you blame insiders for having this share structure given the political climate and laws they have to operate in? Of course they are going to protect themselves. You would do the same.
Good thing you don't own any shares right?
Politicians are salivating at the tax revenue they are about to see come in. Rainy day fund just tells me they are either incompetent or the public will be furious to know the real plan
http://abcnews4.com/news/nation-world/60m-in-tax-revenue-projected-as-nevada-preps-for-recreational-marijuana
Those funds haven't cleared yet. Nice try
Latest Form 4 was equivalent to a company buying back shares. This 1 million share purchase was why the stock spiked on Friday. I'm ok with Terra Tech buying shares in the open market and giving to insiders. Hopefully they keep it up
Gents. New Form 4 filed. Insider Ross bought 1 million shares at .17 cents. Nice!
Insider buying? Huh? Mr Ross 1 million shares? Strange