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Goodbuddy, the negatives for this stock (i.e massive insider selling, toxic financing, poor footprints in strategic areas) far outweigh any positives.
Key words... as of right now. This stock has a history of falling off cliffs after big event pumps
He should wait til mid January when it is back in the .20's.
Alright man, I trust you. I hope my million shares turns into a million dollars.
No one is up until they sell.
But is this company legit or what?
Blum isn't even relevant in Cali. The private companies own the market share.
I have researched this stock extensively. It was never supposed to be a legit company.
This stock will be in the .20's by mid January. I guarantee it.
You aren’t up anything until you sell. The people who were up 100k when the stock hit .50’s didn’t actually get that unless they sold.
Private companies are going to dominate TRTC in Cali. Anyone who has actually spent time in Southern Cali and knows the landscape will confirm that. I live in CT and go to Cali a lot. Blum isn’t even a mid-level player in the market.
I bought 1mil shares the past couple weeks. Is this stock gonna take off or should I just flip it?
New poster... bought 500k in shares on a whim. Saw the LA dispensary news. Is this a hold or a flip stock?
Big tobacco is not eyeing TRTC. Why would any profitable company want to take on TRTC which is a minor player in CA and loses about 7 million every quarter? If big tobacco were eyeing any marijuana companies, they’d be looking at successful ones such as the private firms in CO.
I have missed a few times... correct. The biggest was when I held this stock for almost a year for a 0% return.
Does TRTC even have a Cali rec license yet?
Actually no, that wasn't me.
Remember Penny, you only got $$$ if you sold.
Creepy, novelties wear off and when that happens you need tangible substance to back your stock up. TRTC has toxic financing and less than ideal locations for its dispensaries (especially in the ever important CA).
Unfortunately Kub, it is artificial growth. There is no tangible reason why this stock is going up. When the financials tank again, reality will set back in. By all means enjoy the huge gains but get out before it drops back down. Worst case, you just buy back in again.
The fact that you keep posting about the big "merger" makes me feel like I really got to you cheerleaders. Maybe I'll come up with an even better story next time like "entire TRTC board signs agreement to hold shares for a year".
I would never short. Not my thing. I had a great day today. Thanks! Made close to $13k without ever having to hold for more than 30 minutes.
"The high cost of compliance"
Looks like big net losses continue!
So when this fake excitement dies down and the real volume returns, what will happen to the pps? Shorts must have been licking their chops when this hit .39. I wish my IRA would let me short, I would've been all in when .39 showed up. This stock is guaranteed to touch the .20's in January.
Holding = risk, flipping = little to no risk if you know what you are doing. What if it gets announced that TRTC's license isn't approved yet on Jan. 1st? What will happen to those holding this stock then?
And out again... another $5.5k made. That's how it is done boys! In N Out. Little to no risk.
Bought back in... a little smaller this time. Expecting a flurry followed by a small dip at the end.
This volume is gonna die down eventually and the shorts will drive this pps right back into the 20's. Trade volume won't stay like this much longer.
I was in a business meeting and didn't see it. Might not have bought back in anyways. Too risky on a downturn. TRTC falls off cliffs very quickly.
Nope, I did not. I don't know why you guys constantly question me. I am completely transparent on my buys and sells.
This is why I got out when I did. TRTC is known for diving during pumps. Flippers beating each other to the punch.
How many of those do they actually own?
The lettuce never sold. Let's be honest.
The ticker should be enough to send you running.
TRTC barely has a footprint in California and they are in the least desirable major city.
I keep one share just so you can't use that against me.
Like it did this year from last??? 2017 was supposed to be the year of TRTC. What happened? Same thing that will happen in 2018... dilution!
Smart move taking some profit while you can Fozz
What is their revenue in Cali right now? I doubt they'll offset their expenses.
How many times do I have to tell you guys... a pic of an application means nothing. Without a license approval, there are no rec sales.