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“Emotions add little value to investors?”
To quote you, sentiment and perception matters a lot. Bad sentiment of an RS plus the way trtc funds has the pps where it is. Emotion is what’s keeping Long’s here every day losing money...
Even if u meant “the emotions of someone else matter little,” I’d say maybe if it was only one, but the culmination of many people sharing the same sentiment/emotion creates the overall perception...
I don’t think it’s dead, they have a business through Blüm but they need money that not convertible. Until the market signals a reversal via the accumulation line and MACD this is not a buy...unless u don’t mind averaging down on the way down, but that’s just silly. Never catch a falling knife.
Well people keep arguing since $4.73 so I will beat a dead horse
Lower lows every day since RS, accumulation distribution curling down... ie more selling than buying. How many red days in a row do u guys need?
Wait for the technicals to confirm a reversal back to the bulls. Good luck
Just checking in, I see this is under $3 to the shock of many on here, but not to the few... that’s 6 out of 7 of the last trading days red. Good luck
Accumulation is leveling off which is what you want to see. Once it starts to curl up for a few days it’s a bit safer and could possibly be confirmed. Keep in mind it’s leveled off 3 times since the reverse and dropped off a cliff... which is why i need patience. Good luck.
About an hour and 15 minutes over $4.65, and 30-45 minutes over $4.7
And I only post the tweet for the time stamp.
$trtc had to do a reverse split because of the amount of dilution they needed to maintain. Keep an eye out for form 4’s from mgmt. imo this price falls below $3 if i was in I would be taking profit. Good luck though hope I’m wrong and u make a killing @Technical420 pic.twitter.com/UG5IMDx0rn
— Jason Spatafora (@WolfOfWeedST) March 13, 2018
Short
$4.73 is where I said to take profit, it traded at that level for next 45 minutes. And today it hit $3 where I said it would go under. Even the algos on just the volume and other technical indicators say this is a 72% sell...
https://www.barchart.com/stocks/quotes/TRTCD/opinion
I haven’t said it’s a scam or that the business is a failure... I’m saying that because this industry is capital intensive that convertible notes at 12% per note which are dilutive is untenable... this is at best a trade. Not a long position.
A 32% drop off that 4.73 mark isn’t good, especially heading into spring and summer where the share price and volume has historically fallen.
Thanks for the reply on Twitter, your math skills are on Point!
The comments, especially yours are just what everyone is looking for...
Here’s your tweet and the thread to follow... cheers!!!
https://twitter.com/concious0ne/status/976264451061112833?s=21
Here’s 1 person...
my tweets are a reference point not a command to buy or sell, but for people that say I’m bashing or “no one cares about my opinion,” u have free will & u can ride $trtc down like a donkey if you’d like. So If I save 1 person from holding bags it’s worth it... 1 🐺 🤫 pic.twitter.com/8wj9Cw8xwh
— Jason Spatafora (@WolfOfWeedST) March 21, 2018
Yeah... i bet all the people that took profit at $4.73 where I said to are real upset at themselves. Who needs an extra 33%+ anyway... and who says “Not” in 2018...
$trtc had to do a reverse split because of the amount of dilution they needed to maintain. Keep an eye out for form 4’s from mgmt. imo this price falls below $3 if i was in I would be taking profit. Good luck though hope I’m wrong and u make a killing @Technical420 pic.twitter.com/UG5IMDx0rn
— Jason Spatafora (@WolfOfWeedST) March 13, 2018
How do you figure that? 7 days in a row of a lower low and accumulation/MacD/curling down which means bears are fully in control. This hitting $3 was seen way in advance, and if the pattern holds it will go below $3 tomorrow...
Nothing. Their new Ceo just sucks as bad as the last with shareholder communications... it’s undervalued. They have more than some companies with higher pps and worse cap structure. It’s a long hold.
It’s been green 1day since the reverse, market does not agree with that sentiment.
RIP MCIG... no longer and MJ company or a CRYPTO company...
Average volume dropping of a cliff.
Food for thought if TRTC didn’t split the price would be .216 from .272 in last 7 days... watch for a new low post split tomorrow and a break under $3 this week.
K$hb at #2 had more profit, and shareholders liabilities was much less. This thing is toast
I hope he’s right but hope will get u killed.
Well, u won’t do that again. Never marry any stock no matter how good the koolaide is on the message board... I and a few others tried telling everyone at $4.73 to jump, also said it was going under $3 wait and see... but $3.11 is bad enough...
$trtc had to do a reverse split because of the amount of dilution they needed to maintain. Keep an eye out for form 4’s from mgmt. imo this price falls below $3 if i was in I would be taking profit. Good luck though hope I’m wrong and u make a killing @Technical420 pic.twitter.com/UG5IMDx0rn
— Jason Spatafora (@WolfOfWeedST) March 13, 2018
How can anyone say these numbers are good? Let’s take bias out for a minute from both sides... look at any LIcensed public producer in Canada. Look at their financials they are night and day compared to these numbers.
There isn’t growth here and the 40m is in $5m blocks per quarter at 12% interest... that’s $2,400,000 in interest payments per year. And the “lender” can convert that into convertible debt at .0010 or .0150 if it takes the reverse into consideration.
The interest on the loan converted is worth more than the loan... think about that for a second. Put these numbers next to a successful grower that’s been around since 2014/2015... we will let trtc keep the 2 additional years, and u will see this thing is toast... unless you guys really like koolaide and paying mgmt 200k each per year plus bonuses + stock... Ceo of a billion dollar company up north doesn’t make that much cash. Crazy.
Because they aren’t uplisting...lower lows last 3 days on the technicals. Accumulation still curling down... careful.
Vote yes time to shake things up or vote no if you think they’re doing a good job. Biggest run in MJ and they did zero to help themselves.
#Poll for @emblemcannabis $emc.v $emmbf #shareholders: Do you think there needs to be a change in MGMT due to the complete disregard regards to shareholder communication & would u vote Yes for that change? #potstocks
— Jason Spatafora (@WolfOfWeedST) March 16, 2018
This isn’t a short attack lol, they can’t short with the D on it. But regardless why would u give up 30% now (since this dropped another 20 cents since my last comment. Bid support is nearly gone, and in all likelihood the shareholder liabilities will only increase.
Don’t get fooled by revenue when for every dollar generated the shareholders have lost $5... its all there in the filings.
Do you understand.... for every $1 the company loses $5. That’s not a growth strategy. If this was year 2 that would be something but this is year 6. I stand by my first post that this is going under $3... I hope I’m wrong. I have zero skin in the game long or short.
Careful on a $3.60 break, there isn’t much support. Could be rapid, keep in mind financials released on Fridays after Market is historically not a good sign... good luck
I don’t understand how losing another .15 is still silly? Or how when this was $4.73 you thought it was fear mongering on my part. Look at the day of every RS on anything. They all for the most part look the same, and if you felt so strongly about it you could have played the obvious pattern and bought the dip with the extra dollar per share.
The accumulation line is still curling down which means the bear pattern is not over. There is clearly more buying than selling, but you are throwing good money out the window. Good luck. Hope u make a ton.
The mining revs are strong, facility looks great, but the blockchain is also very important. I think it could actually generate more over the long run with its applications.
Is it still silly $3.91 ut-oh
You were saying something about closing above it’s opening price? It’s not really hard to close .02 above the open is it, but keep in mind When I wrote the first post it was $4.73 which was .68 higher or 16.8% but who likes more profits....now it’s hovering with paints at $4.07 with no bid support until $4
$trtc had to do a reverse split because of the amount of dilution they needed to maintain. Keep an eye out for form 4’s from mgmt. imo this price falls below $3 if i was in I would be taking profit. Good luck though hope I’m wrong and u make a killing @Technical420 pic.twitter.com/UG5IMDx0rn
— Jason Spatafora (@WolfOfWeedST) March 13, 2018
This price won’t hold. I have no skin in the game. Will go under $3
They had to RS because they ran out of stock in their AS. Because they need to dilute and can’t do it fast enough since the vertical they are in is cash intensive.
Marketing I get, but when there’s accumulation on something like this and out of no where it falls off a cliff it does not make sense. This isn’t that kind of drop. Doesn’t make sense for it to flash drop like this.
What happened? So crazy
No should be in next 60 days. Check when they did filings around same time last year.
Thx man
Yeah turned out to be something else. I actually like the Kona drinks. Hope u guys make a bundle cheers.