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Agree everyone should have some sort of sell limit set. I'm tired of the shorts trying to play this in their favor
Happy Bday and bring us some good birthday luck!
Indeed! PHOT will make its run similar to MDBX when the right things happen at the right time!
I like options press and TDA. I use both.
I think we will see large gains in 3 yrs. but I feel the huge gains that will push many here into definite retirement won't come for another 7-12. Just my analysis though
Those who have the stomach to ride the beginnings of this new industry will be rewarded. That's all I know. I think almost any MJ stock pick right now is going to just keep going up until new buyers see the reality. PHOT/TRTC LONG!!!
Alan seems like a nice enough guy and I like him, but he is far from the gold standard when it comes to stock opinions. Anyone willing to place all their bets on him solely is a fool and he'd be the first to tell you I'm sure. At any rate if PHOT gets its finances in order the business plan is solid and so are the ones to execute it. We are here for one thing in common and that is to help each other make money. Lets not forget that. GLTA and a happy holidays!
Thanks for saving me then! Much obliged.
ERBB a buy? Been looking to add more cannabis industry positions to my PHOT/TRTC collection and was wondering if ERBB is a good buy right now? Can't seem to find a whole lot of info where they are headed. Any help appreciated!
Again you are wrong. Congress would have to pass law. An executive order will not do. Its been addressed before.
Funny how you seem to think TRTC is the only play. Yet you come here to bash. I love TRTC/PHOT but the idiocy that you run over at the TRTC boards keeps me here. There is more than one section to play. Get a clue!
Agreed. PHOT/TRTC should definitely combine forces. I feel this would REALLY give both companys the leg up on big tobacco and banks moving in and swooping everything up.
Could you explain to me how that value is arrived at? Not sure what math skills are used lol.
Value of GrowLife? Is there any general consensus on what range GrowLife will be trading at one day? Like Home Depot & Lowes are in the $40-80 range. I don't like to concern myself as much with the short-term stuff, but rather what I think the actual value of the company is or could be. I am new to this stuff, but I think the company could be worth anywhere from $5-40 in the next 10 yrs. Can anyone point a newbie in the direction of how to properly value this company?
How do you see whos bidding? Just curious
Couldn't agree more. Spot on.
Long and strong. I too am looking to this stock to be the "one". Of course you gotta have other plays as well, but this is the one i think people will say one day "man, I wish i had gotten in or had the foresight to see how big it was going to be" I've known since I was 16 (in 20's now) cannabis is going nowhere, but up!
Are you on the side thats getting you paid is the question?
mjnagirl your amazing! Your posts are amazingly helpful. This board is lucky to have you! I only have 50k shares. Is a sell limit of $20 too high you think? I am really hoping it can make it. I might be wayyy off with that though.
How well would you predict in 5 years?? I think the business plan/team will be really successful. I'm trying to figure out a good GTC order. Anyone have any suggestions? $20? $30 or more? or less?
Is there any potential for a run like MDB#??? Just curious
Agreed. Very smart move. People seem to miss the fact that a company that does little more than dispense cannabis (MDBX) rose to $200 in a day and stayed in the $20-40 range for a while. All while cannabis is STILL illegal. Imagine when it's not! This is WAYYY bigger than that. 10x. I need to add more positions needless to say.
Whats everybody's GTC order at? Just curious. I'm new to this investing thing and want to know what I should have it set around just in case it goes crazy like MDBX did a year or so ago.
YoungBull is spot on. My parents have a place in Estes I visit a lot when I'm not in school. Anyone who has been to places like Boulder or FC can see the future of it. And i'll give you a hint: It's big and green! All ways around. Growlife is positioned to be hugely successful. They just need the right bump to really set this thing off! If you have any doubts of the industry being as big or bigger than alcohol you need only to go somewhere like Boulder or Oaksterdam. I assure you it is only a matter of time. Be on the side that gets you paid.
I've seen sources that predict the illegal industry is as high as 120 billion. I'm guessing more like 60. Thats the problem we wont really know. But considering a legal market would prolly cut prices in half I'm comfortable saying 30 billion a year industry because even more closet smokers and current non-smokers will be dying to grow/smoke. I don't think the $8 i said is the most realistic, but I don't see it being too far off. Especially when investors who are too shy now want in. I'm fairly new to trading (only 21), so I greatly admire and respect what everyone else is saying.
Just for fun. Estimate what you think PHOT will be worth a share in 5 years! I'm gonna say $8 just purely guessing.