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How can you grow pot plants in a state and country that doesn't allow for pot? Please do your DD and use google to figure out what the 5 acre plant is for. It will be creating tons of revenue for the company to move into grow operations in Nevada, and such. Read. Don't assume.
Intraday support at .40 and resist at .43
We will breakthrough that and continue uptrend. All this on no news. Just wait. ;)
Obama prepared to bypass congress. On what exactly? We can only hope. But this is in line with the inequalities of lower class citizens...
http://www.theguardian.com/world/2014/jan/26/obama-state-union-address-bypass-congress
I think he was probably misquoted, and was talking about his privately owned dispensary.
Including Barack in that tweet literally made me LoL. You're too great man. hahaha!
Thanks for this, could you link to where this information was posted?
Come on, this argument has been brought up time and time again. If TRTC's hydro equipment isn't enough to warrant it being a "mj stock" then neither is PHOT, or ANY mj stock, considering NONE of them are growing, minus transbyte since they own 51% of a Colorado dispensary. Yes, TRTC are probably done pursing equipment sales due to low margins and an overcrowded market, especially when China starts shipping direct. This doesn't mean that the companies focus isn't MJ, it is and always was obviously the focus. Edible gardens is just an excellent way of funding the costs of setting up the growing operations. And as Alan says, he has the golden Rolodex to be the first to get this done when it's able to be.
Last year it was filed in March. I'd assume it'll probably come around the same time this year. I'm on my phone so I can't look up the exact date at the moment. They may file earlier to fix the OTC error that they were speaking of that is causing them to trade through pinks (even though they're up to date on all filings.)
I need ONE reason as to why this will go back to "where it started". Are you saying it'll go back to .06??! Based on what? You think publicly traded companies that post a profit don't increase in share price? That's ignorant. If EPS is above zero, the stock price goes up. Considering we're about to post a positive profit, your statement makes no sense whatsoever.
I understand your logic with companies that are shells and pumps, or companies that have shown nothing but net loss, but this isn't the case here. It's been proven quarter over quarter that margins, revenues, and profit are increasing. Add on the hydro plant being operational literally ANY DAY and everyone can see that the days of .06 would require bankruptcy to be filed first. There's no way we're getting back that low without an absolutely insane catalyst to do so.
Oh, and with that said, I'm wrong a lot. So I'll gladly buy some cheapies if they pop up.
Not exactly, it ran to .43 based on Colorado mj hype, not related much to TRTC at all at the moment, which is why profit taking came in.
In comparison, about 5-7 articles that either quote or talk directly about TRTC have been released in the past two weeks. The online chatter before was hype. Now it's direct. Much different type of news recently IMO. And seeing as most of the news came from Derek being interviewed, it basically DID come from the company.
Couldn't disagree any more. It's intelligent to save PRs for when online chatter slows.
Loaded gun, dude! Ready to fire when necessary. At the moment, NOT necessary.
With all due respect big dog, a trader that's made millions trading would have made an account prior to 2013.
Also, I can't stand it when people claim to have inside information that others do, but refuse to share. This just further assures me that you're full of hot air.
We just consolidated last week. This week was a decent run, but not without merit. You say there was no news, but there has been a ton. Derek Peterson and TRTC have been quoted in multiple national online publications recently, as well as Wall Street journal, as well as obama and Eric holders statements. No news???
If anything, this is STILL undervalued and has been long overdue for a huge run up. There has been TONS of TRTC news, so like I said, the price increase is merited. Had this ran based on nothing but hype, I'd agree, but that is not the case. No pump, no dump. Maybe some profit takers to give us some tiny dips as all stocks do, but that's their loss (or... Smaller gain rather...)
Mine will change depending on future possibility. As long as TRTC shows growth, there's no reason to sell at all. Perhaps a chunk here and there to keep profits, but in the end, as long as they grow, so does your trading account. Don't give up shares until something goes wrong, and at this rate, unless there's a company tragedy, I'll be holding for years. No exit point in sight.
Indie is in, man. No one wants to support the big guys that don't care about their clients, sustainability, or shareholders.
Look at American spirits tobacco. Blowing up the past few years. Less and less people smoking Marlboro and more and more going towards organics.
The same will happen with TRTC. I am here because they're growing sustainably, and that alone is worth my money. If there is one thing I care more about than money, it's the environment.
That's a whole lot of big pharma companies attending.... It's not going to be easy, but at this point I don't think there's any way to stop the train.
This is big. This is it!!!!! Finally!!
Perfect!! DD time indeed! I just needed a leg up to start the research :) thank you!
Ospreyeye,
What do you think the safest bitcoin investment is? BITCF is the only I can think of off hand. Just curious on your opinion and if there is a better option out there.
A quick google will lead you to realize that article is a joke.
Why? That's an easy one. As others said, why waste a PR when other people are doing your PR for you?
The point of a PR is to put news out to the general public to get more investors. If other people are talking about TRTC for them, it's free promotion. They get to keep their bullet loaded, ready to fire when needed.
You thought otherwise? You thought it was part of TRTC? Seems you didn't do your DD. Blum is not listed under anything that TRTC has out out. It's not on their website, facebook, or anywhere else. It's very obvious that it's is a private business of Derek's, but he will obviously be using that as a launch pad for aquiring a Nevada license, and future mj connections needed throughout future endeavors.
He's put himself in such a good situation, it's ridiculous.
Other companies are just throwing in applications in hopes of it sticking. TRTC on the other hand, has lined up all the pre-requisites for a mj explosion within TRTC.
That company has not gotten a grow license. They only have applied for one. The process is not over and they have not completed it, as they need a building and inspection prior to being awarded a license. Aka they need more money to build their facility, and keep it running.
TRTC on the other hand, has applied for a license in Nevada, and has a great chance of getting it. TRTC also has multiple growing locations, and can raise any necessary funds through already increasing revenues of EG. Not to mention, their hydro facility is paid for. The other company has nearly no money in the bank and people are skeptical as to whether or not construction has even started yet.
It's apples vs oranges, and clearly easy to see that the other companies are rotten fruit in comparison to the holy apple that is TRTC. ;)
Excellent. Can't wait for the approval PR. :)
In the end, we all win. Hold tight. Fins come at the end of March, at the very absolute latest. Can't wait to see this explode.
Admittedly, I am a complete penny stock newbie. I've only ever invested in Nasdaq listed companies.
But I'm with you, holding as tight as I can, and if these MM goblins are real, I hope they burn when we fly through the roof this year. :)
And by "poor people", I don't mean lack of money. I mean it's a sad fact that fear-mongering makes people lose cash.
I really would love to believe this theory, and all of the other MM theories as well, but as a skeptic, I can't. If there was some underground scam, it would all be easier. But IMO, people got scared because of the pinky error. And people got scared about the pocket veto by Christy.
Sells are sells, and buys are buys. I'll gladly admit I'm wrong, but I have to believe price fluctuations are honest.
With that being said, I think the people that got scared out of their shares are fools. Poor people trading profits that they had locked up.
I feel sorry for anyone that sold based on the NJ bill. Fear caused you to lose money, even if you profited already. That's that.
Gotta agree here. The only stock hitting .185 is phot, and then lower when the a/s goes up yet again.
You'll be lucky to get anything off a bounce at .26. I'm always willing to admit I'm wrong, and fearmongering can drop a stock quick, but I truly believe .26 is a strong resistance that we won't see below again.
Honestly 40 is insane.... Seeing as I am a medical patient, I've been to upwards of 50 or 60 dispensaries. I'd say 90% of them have upwards of around 5 employees. Always the same kids working the counters and typically pretty scummy.
Further proving that Derek knows how to grow and expand a business in all the right ways. I can only assume that a dispensary with 40 employees is a success. Very awesome.
Rock and roll then!! 8)
DMC, unfortunately you won't be able to walk into Blum dispensary. California laws mandate that you must have a legal California license to get a medical card. If Derek's shop is legitimate, which I expect it to be, you won't make it past the lobby. And even then, you'll get a swift boot.
I am a California cannabis card patient though, so when I happen to be in or around Oakland next, I'll be stopping by.
I do find it slightly odd that Oakland was chosen for his dispensary. Oakland is ghetto. All is well though, as there are diamonds in the rough.
We have NO guaranteed news until the end of quarter financials that have to be posted prior to march 31st (could be wrong on the exact date.)
Every other "news is coming" needs to be disregarded by investors on this board.
I've only been here a few months, but out of the hundreds of "news is coming tomorrow or Monday" and "news soon", only 1 or 2 PR's have come out.
Wait for fins to come out, then we'll see a huge pop. Chances are there will be a PR about the five acre facility close to this time as well, since they estimated 60 days or less til completion back at the end of December. So perhaps sooner than fins, but no one knows if it's "tomorrow".
Look at that, bounced off the 26's again. That's the third bounce around that range. Support is strong there, so those waiting for the .185 gap to fill will be waiting an eternity.
I've got to disagree here. We've got tons of support in the 20's and had a huge bounce off .26
I can't possibly see this going below .26 again, but if there is an overreaction to that, we will correct back up shortly after. I truly don't believe we will see that though.
Up and up!
*stock market, not sick market. Ihub desperately needs an "edit post" function.
You are correct. The sick market is just a giant pool of over-reactions and then corrections. We could all use a bit more patience, eh? :)
Excellent post. Thank you for the insight. I completely agree with the fact that EG will make profit with or without mj, as opposed to the rest, which will simple drown without mj, as you said.
Excellent points.
No need for personal attacks here. To each their own. DMC is the man, and perhaps he thinks bold looks artsy. ;)
Back on topic, I agree the mj sector will see a surge because of obama's comments. Hopefully some good news straight from TRTC will come to help continue momentum from there.