Empire Building 101
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Appears our old resistance of $4.80 is our new support. We really need Q4 audited results. Anyone know why they haven't been released. Comments or opinions?
My $5.25 buys don't look so bad! More news coming? Or Q4 earnings
All recent insider buys/sells etc.
Now it is time to get back in as certainly the revenue numbers are going to be raised significantly soon.
Those family of funds had close to 6 million shares and took about 15% off the table. In theory they probably held for muck longer than us and had a much lower purchase price. Did you ever think they have rules where one stock becomes a larger percent of total assets and fund requirement demanded they lower their exposure. After all the PPS has risen significantly. With that said if they continue to dump below $5 in a big way that would be a concern. For me I sold about 25% but repurchased lower and now have 10% more shares than before. GLTA
PS I believe we become a takeover target soon as the growth certainly is eye popping if we drop below $5.
Personally I like the company very much. Good questions for sure. Their is incentive as the shares are given at face value at the time. Without doing the right things these shares will not go up. It isn't as though they give these shares at rock bottom prices but at the going price. They have done this for 4 yrs. and the price has continued to go up. Won't be long and cash flow will help tremendously grow the company. My belief is the $12 Mil purchase today will be at about $6 Mil. I really like the strategy they have implemented and believe it is 100% foolproof cookie cutter approach. Growth is vastly outpacing the dilution. Good luck in finding something better and safer and I am all ears.
Still waiting. They closed on an acquisition in FL. today. Will add $12 Me l in sales. I added a few more today.
The fund sold more shares. Not sure that is good. Maybe we will see the 4's.
So far so good on your call. I bought more at the open only to watch it drop more.
IMO, with all the could news especially being included in the ETF's and the highly rated institution that has a huge stake we don't go much below $6 but really would be back in 100% before it went the low. However, you are right it never filled that gap.
The large investor filed a form 4 as they sold 470K over the last 10 days. However they had 5.6 Mil. Follow the smart money...lol
PS I will buyback all at 6/00 and under though as I believe they will out perform the whole market this year.
I sold 25% of my holdings at $6.45 Will buyback under $6. Bought more of CURLF
$6.65
Next leg up? Highest close with decent volume.
Record volume and a run at record PPS and nothing to say. See ya all Tuesday as we take a stab at record high PPS. Is $7 in the cards this week?
Mine too. Looks like another 1 million plus shares traded today
Mine too. Looks like another 1 million plus shares traded today
I have made a lot of money following this board. Made a nice little profit on ELA recently. I have been putting a lot of money into the pick and shovels in marijuana. Today I noticed that JW Asset Management bought almost 3% in Q4. The symbol is GRWG and they are making money and growing like a weed. They up listed to NASDAQ. I believe it is definitely worth a look.
https://whalewisdom.com/filer/jw-asset-management-llc
Absolutely true, Thank you so much and this explains why the recent volume for sure. We are gaining traction. This firm has an out sounding record almost 2nd to nobody. My guess is they have added and will soon file a 13 G with over 5% of O/S. Hang on guys usually nobody of institutional holding buys un $5 and yet this premier firm started loading up under $5.
Very possible as he is investing in this sector. If true that is probably why the bump in volume and PPS. One of the firms largest customers is KKR. Very interesting if true and truly plausible. Worth reading. Possible 13G coming if true.
https://peltzinternational.com/speaker/jason-wild-jw-asset-management/
Volume still over 600K. Could see $7 with any news IMO this week. Consolidation about done and then a run to the recent highs. IMO, even though a lot of chart readers someone in the know has been accumulating big shares. Volume precedes price and we are definitely going higher.
Does the gap need to be filled? New support level $5?
Tomorrow should be telling. Have more funds waiting if the gap needs to be filled and we see $5.
Long term looks great and obviously we have many new investors in the last couple of days.
My guess the institutional interest has arrived.
Will do. My grwg has been going on a tare. Will check out deac
You should have went with picks and shovels my friend.
With all the recent expansion I really thought my entry was excellent. Only to see it drop further. Thank goodness GRWG had a great day.
$7 could be on the low end with the phenomenal growth coming. With absolute record volume I hardly see this not hitting $7 rather quickly and then maybe fill the gap. I sold 1k today around $5.50 thinking it was oversold. Some much for that idea. Still hold a bundle. GLTA
new position today at $6.62 Might be early.
Reentered today at 6.76 Fortunate enough to get out last run at 8.50+ on last run. GLTA
An older PR but definitely newsworthy for newbies. Certainly pertinent when looking at the PPS now since this was published.
https://www.newcannabisventures.com/leading-cannabis-investors-up-their-stakes-as-growgeneration-executes/
Beat in earnings? IMO
Certainly looking like $5 becomes support soon. Many within the industry continue to drop precipitously while we trend up. Looking more and more like the pick 7 shovels win round 2. IMO, as I have stated before we have an earning beat. Remember the Q4 projection went from .02 to .03 Our revenue beat by $4+ Mil. I believe we could see .04-.05 for the Q. With the increase in volume it is my opinion their is a leak and it relates to earnings although another acquisition certainly is coming. Any thoughts or comments welcome. Nice day.
Bought another small batch today at 4.96 Looks like another run to $5+ today. Hope this one holds as good things coming with little uncertainty unlike others.
I already hinted at that awhile back as far as getting majority ownership. GLTA IMO those who have a PPS of over .25 is screwed.
Bought a few more for 4.86 today. Definitely higher lows. Need volume to go higher IMO.
yes a very good day as most others had yet another down day. Noticed a 13G filed today which generally stated the fund owned 15.2% including warrants options etc. This alone doesn't mean much but to know they bought into more than one fund is quite interesting as most of the time they are capped at how much they can own and here they bought more into another fund within their family. I'm holding with very tight hands here as I believe we will rocket much higher very soon. Surprised more haven't jumped on this bandwagon. Strength is picking up here and we will be hearing very soon about the next purchase imo.
https://ih.advfn.com/stock-market/USOTC/growgeneration-corp-GRWG/stock-news/81652720/statement-of-ownership-sc-13g
I did. Put it into a pick and shovel play and doing very good. They up listed to NASDAQ 2 months ago.
Probably the same as always later with nothing but more BS.
Nice with volume.
Hopefully today is the day we not only hit $5 again but to hold with record volume. Certainly very positive to see the great volume yesterday. Look for a beat in net income Q4 just like revenues IMO. To much volume for no leak of info.