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Folks, when the short machine is called out on their schemes it's amazing how many posts they will gin up to smoke screen these shorts. Shorts have a much harder time when they are anticipated.
Shorting requires selling and buying. But it appears some believe it's only selling. TRTC shorts do not have deep pockets. They got pennies compared to the fairly sophisticated short of Fuzzy Panda who had a story, facts woven in with believable lies, and a lot of bucks to take over the TRTC market over an extended time frame.
These guys are OTC thousandaires playing in a small pond and hiring pump and dump chasers to spout total BS
BTW the Short Interest is reported by the OTC. Although the liars will try to make these short reports mine they are obtained from this web site:
https://www.otcshortreport.com/company/TRTC
Short interest is not the best way to judge a short but it does reflect the presence of shorts. Looks like they are setting themselves up for next week.
“Today, Blüm is the closest dispensary to the Las Vegas Convention Center, making it the best stop for the tens of thousands of visitors who need a break between seminars.”
https://dopemagazine.com/blum-desert-inn-nv/
All good points. The only thing I'd add was the reason why first mover moved into a less favorable status is more associated with the timing of legalization than with being first thanks to a dysfunctional and unresponsive government that nobody predicted.
Me neither. When they kicked the Intel chip's butt with their newest chips almost every desk top builder is either using their chips or thinking of switching. If they lower the power requirements and heat signatures of their chips AMD will own the laptop market.
Hey StevenRisk, How are the prospects here? Seems like a blood bath all over lately. I take it from your post William is still the CEO.
I never had any Scientific Method science minded guy that was worth spit compared to a finance guy, MBA (Good school only) or 'floor up' executives. Seems to me they always have costly and unproductive ideas and have no ability to think out of the box.
I thought a female was taking over?
I like Bloomberg - it has the OS at 149m. Sounds right. But you could call if you want to be sure.
You condemn every US publicly traded marijuana start up, I guess. Since every publicly traded start up has to dilute and grow. The only alternative is close the doors. Start ups price per share is based on expectations more than immediate results. That marijuana will be legal is an great bet. But if I were you I'd look at the folks on your side and puke.
Either buy back in or leave and go find your stock. Why any one would want to associate with these BS artists with agendas is beyond me. The shorting and the flies it has brought has not been able to drop the stock that much which tells me this could be the floor. I'd guess these folks will be out in a day or two and TRTC would at the least be a decent flip from 68-78 or higher for those wanting to make a buck.
Besides I wonder how many folks have noticed the length of this no news cycle? Seems to me news ought to be out soon.
So you like companies with very little infrastructure - you mean Pump and Dumps. Better know the players and who's the primary pump because those are no more than lotto stocks. Better to just scratch a few at your local 7-11.
I'll stick with a QX company with independent auditing and lots of infrastructure.
Guess the latest short will disappear for a day or two and they will be right back at it even though they are not seemingly able to get more than a couple of cents.
Makes me think this is an effort to harm the company by Canadian interests or the hedge funds who fund those companies.
H.R.1119 To amend the Controlled Substances Act to reduce the gap between Federal and State marijuana policy, and for other purposes.
https://projects.propublica.org/represent/bills/search?q=marijuana
H.R.420 To provide for the regulation of marijuana products, and for other purposes.
https://projects.propublica.org/represent/bills/search?q=marijuana
H.R.127 To extend the principle of federalism to State drug policy, provide access to medical marijuana, and enable research into the medicinal properties of marijuana.
https://projects.propublica.org/represent/bills/search?q=marijuana
House Bill 356 would make recreational pot legal for adults
Updated: 11:02 PM MST Feb 10, 2019
https://www.koat.com/article/marijuana-seizures-down-as-bill-to-legalize-drug-moves-through-house/26279454
Marijuana seizures down as bill to legalize drug moves through House
https://www.koat.com/article/marijuana-seizures-down-as-bill-to-legalize-drug-moves-through-house/26279454
Harris says she has smoked pot and supports marijuana legalization
https://www.cnn.com/2019/02/11/politics/kamala-harris-marijuana-legalization/index.html
Big Mall Operator, Barneys New York Strike Cannabis Deals; Marijuana Stocks Fall
https://www.investors.com/news/marijuana-stocks-green-growth-brands-simon-property-group-malls/
Shorts selling big. They know they will have to end this today or tomorrow.
If they are Canadian stocks, they will lose because of their already over brought share prices.
When the US legalizes those Canadian firms will leave Canada faster than a decent hockey player.
It was not voted on in the last Congress. In the new Congress, many believe it will be reissued and voted on this year.
A near term catalyst that could spark another hyperbolic run, is the States Act, which if passed, would enact the Cole Memo (so to speak) into law, cementing the rights of the individual States to govern cannabis as they see fit. Should this go through, then we expect a massive run on the US cannabis stocks.
True, but some responsibility rests with us. Our kids for the most part don't see the path forward and although its narrower it's still there.
Most of the folks Trump hates, the immigrants, can see the path.
Honestly, I believe what you hear is determined by what company you happen to be keeping. Is there any doubt sexism is real, or racism? Classism is just as real and in fact it is the only discriminator that crosses all divisions. Are there Generals and CEO's and other elites who love getting down in the dirt with the 99%. Sure, to a degree. But I see that classy class growing smaller, not larger.
The resistance between class layers is much stronger today than it was 30 years ago. Not many privates make General anymore. Not many floor workers make CEO any more. Partly because of the high cost of education, the lack of wage to salary opportunities and the loss of manufacturing jobs. But also because the jobs that pay well require a college education primarily from the rise of high tech fields. Maybe when we blend more, become more liberal and secular we might really start getting what the 99% needs.
He does seem to lead from behind. Not sure if that is a position or a cut of meat.
If I was in a stock with no QX status, doubtful reporting and a PPS of 0.0066 and believed in magic dudes in the sky then I would be careful of becoming a foolish cliche.
Your lotto ticket stock has no assets, no value, no growth except in the words it uses to describe what it's wishing and hoping to be.
What a laugh.
Did the weed go legal today and I missed it? If it did not then those words are still tits on a boar hog.
Lots of truth there.
My kids run from 38 to 45. If I had to pick the most important trait that would reflect my kids success or lack of it, it would be drive and for the life of me I could not tell anyone how to instill that trait.
BTW, my son took after his father and disregards anything coming from his father.
CDEL, CANT and CSTI MM's are here selling. Makes me believe we are being shorted still.
Must be a less well funded short without the means of producing a BS story in some rag. Looks like sector wide we are down in most MJ stocks.
You know what? That would be a good Christmas present but you got a much better one. It certainly dates us - thinking a million dollars is worth what it was when we were young.
A billion is the new million. Millionaires are a dime a dozen these days. My last CEO made 20 Million dollars a year and he was a role model for average on the bell curve.
But he did go to top tier schools. That makes a huge difference in what level you enter the work force at and like with any race it's a huge benefit to start the 100 yard dash at the 50 yard mark.
What's sad is that the real learning for managers is not at the levels these kids are starting at these days it on the floor as a worker or a supervisor. So we end up with people at the top who think and feel,(and believe me I have heard it privately expressed in various ways). "Nothing is to good for our workers, and that is exactly what I will give them, nothing". Mostly because they don't know any workers.
Man, I certainly got off the point!
If the fund MJ is any indication shorting TRTC is going to go wrong for the shorts. And these are not shorts with long pant legs like Fuzzy Panda these shorts are speedos at best playing with maybe a 100k shares at the most.
Your here Bob, that's how I know, besides the usually MM's that follow TRTC shorts. But keep on keeping on. When your handlers finally break the floor I'll do just fine.
What a funny guy. I'll believe the accounting firms. BTW TRTC is being shorted right now and that is why your buddy is here.
Agree completely.
I am a terminal vette lover. I brought a 67 427 vette after Vietnam with the money I had saved. Should have put that car in the garage and kept it.
As an older man with arthritis I can tell you the C6 vette was easier to get in and out of and more comfortable to drive than our SUV or the Jeep. The seats in the C6 are well padded, heated and 6 way adjustable. Every knob, button and switch that you use is on the wheel or very close to it and I get 28 mpg on the highway and 19 in the city. On the other hand, I can see the Jeep we brought is going to be a real pain in the ass, back, hands and wallet.
The acknowledge they short companies. That is what they do. It's a fact you can not wiggle out of. You are so funny.
Looks like the MM's CSTI,CDEL and CANT who are often shorts are selling heavy. Yet, the floor holds so far.
Yep, there ought to be a rule. If the flesh is not on the skeleton's bones then it's to be ignored. Maybe we should have a few mulligans every year. I always learned more from mistakes than successes.
No mistakes allowed equates to no learning in any science - even social sciences.