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I agree that is good advice for some people. i suppose..... maybe save a few shares till 2017. One never knows.
On a positive note...
I do believe that there will be another monster run up to the whole sector.
It will be triggered by the re-sched. of MJ, and possibly legalization for medical MJ nationally.
I agree it is disgusting.
I wish this was not the case.
Parapraxis,
High Revenue and lower share count will be the only thing that will drive this stock up.
The days of stocks running over bullshit news are over.
2017 is the year...
Can you say REVERSE SPLIT !
So now that 150k shares that guy just bought is now 15k at who know the new price, most likely 3-5 bucks.
So still a profit, but a lot smaller than what he was dreaming about.
Not a to the moon stock!
BTW BLUM is nothing special.
Have you been to Colorado? There are like a 1000 BLUM's.
Each one can establish a business plan and reports to SEC for a year --> uplist
Fast you are losing in this stock; maybe you picked up some breadcrumbs here and there.lol
You do not have to be a rocket scientist to see what is happening with this company... It is trying to up list as fast as possible to sell it off. The CEO said as much... SO the most acquisitions he can make (at the stock holders expense) before hand the higher the golden Para shoot to a bigger company that did not want to waste its time doing grunt work.
I will try and spell check next time..lol as if it matters..lol
Bring something to the table for once Fast!
Sleek,
They do not have the money to:
1-Acquisition of oils/edibles/drinks
2-Acquistion of dispensaries, I.e. Bakersfield/Palm Springs
They just need to focus on IVXX and LV Buildouts.
This is crazy.... Maybe in 2017 they will most likely have the cash to do all of this, but for now they need to slow down, and not dilute this stock anymore.
Hi Neesh,
I agree with you, but if they just slowed down and didn't do a reverse split till 10/2017, everyone would be happy. They would have a legit share price that would meet up-list qualifications, and they would have a lot of money to keep growing and building out the business. There is no need for this huge rush. It is only to make big MM/companies and TRTC officers millionaires. A RS would not effect them one bit.
I can't believe with the LV buildout about to open that this stock is tanking.
I'll be honest...
I am shocked that with all this positive news, and all the growth going on and coming to LV , CA, and IVXX that this stock is tanking like it is still.
It has been a horrific 2015 and i really thought 2016 would be the breakout year.
I do not think the news of a dispensary opening in march will do anything but pump up the stock for 2 days and be dumped down again.
I still think the writing is on the wall for a 10 to 1 reverse split. Derrick can then meet the dollar value needed to take a run at the Nasdaq. So he said he is shooting to up-list this year, that means he has to do it before June i guess, and then maintain the dollar value for a bit to apply for up-list.
You can still make some money, but the dreams of making 50k , 100k, 500k, 1 million are over for the working class investor.
Who knows maybe i am wrong..just maybe derrick will slow down a bit and let the 2017 earning start to be reported. Then it will be amazing for all the longs.
I just don't think he cares to go that route. He wants to move and sell fast.
then derrick can make his money on nasdex. So
Fats, it doesn't matter about the cnbs interview...
It is just going to follow the same cycle again.
Your best bet is to buy low and sell the news.
wow a whole .42 cents
There is no scenario of retiring off this stock people.
I have been a long-term investor for a while, and I do not see any positive scenario left for long-term investment in trtc.
Derrick Peterson is greedy.
With the latest acquisition of Blum, the stock is clearly is going to do a reverse split, probably a 10 to 1 ratio.
There is no reward for any loyal long-term investors.
The best-case scenario for long-term holders is to sell before it hits 1 dollar (hopefully before the reverse split) if you wait and get caught in the RS --> You will likely take in less profit.
There was no need to move this fast at stock holders expense...in a few months regular bank finance would probably be available in Nevada, edible gardens is growing, Ivxx $ can be reinvested into the company etc. etc. etc....
This man wants the quick reward at your expense. He does not care people.
Watch your money very closely.
Someone on the board was predicting $3 - $5 a share by end of the year..lol
This will never ever happen without a major reverse split.
I have been a long-term investor for a while, and I do not see any positive scenario left for long-term investment in trtc.
Derrick Peterson is greedy.
With the latest acquisition of Blum, the stock is clearly is going to do a reverse split, probably a 10 to 1 ratio.
There is no reward for any loyal long-term investors.
The best-case scenario for long-term holders is to sell before it hits 1 dollar (hopefully before the reverse split) if you wait and get caught in the RS --> You will likely take in less profit.
There was no need to move this fast at stock holders expense...in a few months regular bank finance would probably be available in Nevada, edible gardens is growing, Ivxx $ can be reinvested into the company etc. etc. etc....
This man wants the quick reward at your expense. He does not care people.
Watch your money very closely.
The 10 to 1 reverse split will render your 100k to a very small profit. Not your retirement like long term holders used to think.
I have been a long-term investor for a while, and I do not see any positive scenario left for long-term investment in trtc.
Derrick Peterson is greedy.
With the latest acquisition of Blum, the stock is clearly is going to do a reverse split, probably a 10 to 1 ratio.
There is no reward for any loyal long-term investors.
The best-case scenario for long-term holders is to sell before it hits 1 dollar (hopefully before the reverse split) if you wait and get caught in the RS --> You will likely take in less profit.
There was no need to move this fast at stock holders expense...in a few months regular bank finance would probably be available in Nevada, edible gardens is growing, Ivxx $ can be reinvested into the company etc. etc. etc....
This man wants the quick reward at your expense. He does not care people.
Watch your money very closely.
190,000,0000 shares!!!!!!!! They have no worries no matter what they win.....long term holders lose and make as much profit as the short flippers. In the long run they were right.
I have been a long-term investor for a while, and I do not see any positive scenario left for long-term investment in trtc.
Derrick Peterson is greedy.
With the latest acquisition of Blum, the stock is clearly is going to do a reverse split, probably a 10 to 1 ratio.
There is no reward for any loyal long-term investors.
The best-case scenario for long-term holders is to sell before it hits 1 dollar (hopefully before the reverse split) if you wait and get caught in the RS --> You will likely take in less profit.
There was no need to move this fast at stock holders expense...in a few months regular bank finance would probably be available in Nevada, edible gardens is growing, Ivxx $ can be reinvested into the company etc. etc. etc....
This man wants the quick reward at your expense. He does not care people.
Watch your money very closely.
Hey Magnum,
It takes a Long Term holders stock of say 300,000 shares at .50 --> reverse split 10 to 1 ratio -->
New stock price at $5 a share 30,000 shares. Now usually with most RS the stock spikes a bit and then gradually comes down during the first week, a lot of times below the $5 mark.
So just speaking from a Long term investor point of view:
We all stood with and promoted the company expecting to sell at a decent pre Reverse Split rate.
People can still make money, but they stole the dream and golden ticket of getting in early.
So if you get caught in the Reverse Split its a big difference in profit.
300,000 shares at say $1.75 compared to a RS at .50 and 30,000 at $5 ( if ur lucky)
So yes you do not lose money, but the dream is dead.
Yea i agree the golden ticket is a dead dream now.
I used to promote this company to a lot of people.
The only golden ticket is if they do not reverse split at the first chance they get to make money at our expense, and that seems to be what they like to do.
Most of us will be priced out of buying this stock once they do a reverse split. I mean how many shares can you buy of a $4-6 stock? At that rate you might as well widen your investment horizons.
I feel obligated to share my mistakes to newbies. Please be careful investing in this company.
I have been a long-term investor for a while, and I do not see any positive scenario left for long-term investment in trtc.
Derrick Peterson is greedy.
With the latest acquisition of Blum, the stock is clearly is going to do a reverse split, probably a 10 to 1 ratio.
There is no reward for any loyal long-term investors.
The best-case scenario for long-term holders is to sell before it hits 1 dollar (hopefully before the reverse split) if you wait and get caught in the RS --> You will likely take in less profit.
There was no need to move this fast at stock holders expense...in a few months regular bank finance would probably be available in Nevada, edible gardens is growing, Ivxx $ can be reinvested into the company etc. etc. etc....
This man wants the quick reward at your expense. He does not care people.
Watch your money very closely.
I am praying that they do not pull a reverse split before the Nasdaq uplisting. Is there any chance that they do not reverse split the stock before the uplisting? do we just have way too many shares outstanding for that to ever happen?
No reverse split would stink big time.
So say i owned 100000 shares at .10 and it RS 10- to-1 i now have 10000 shares at $1.
If i am lucky it will not go down after the RS and it may hit $11 -15 within a year or 2?
I was hoping they would reward share holders, and let the price per share gradually grow during the profit year till maybe 2018. This way we are rewarded with a $2 to $3 share price.
A 10 to 1 reverse split, would crush every long-time investors dreams. All the time you waited and supported the company, and 1 late afternoon, you would loose all the profits you dreamed about making.
I hope they do not RS. I did not hold for this long for TRCE to make (for example) 100,000shares at .10 =10000 now $1 share -which would likely drop bit immediatly ( like most RS do). So instead of making a lot of money and being rewarded, i will be reset to 10000 shares and prob priced out of buying any substantial amount the stock in the future.
I never really pay much attention to the back and forth jabs of the long and shorts of the board.
The one thing that really scares me about this stock, is if it did a reverse split. I was caught by a RS when i had a large position with The Bank of Ireland stock. It was really shady, if i remember correctly they announced it on a thursday or friday afternoon at closing time. When i tried to log in to my scottrade account the following opening period it was too late. So i did not lose money in the long run, but i only made a fraction of what i planned.
If TRTC did a reverse split, say a 10 to 1. It would destroy my share count, and then price me out of buying any new shares.
Hey everyone... It seems to me that a lot of companies or shells of a company are copying trtc,s business model of growing and equipment. The thing I noticed is that they don't have farms,infrastructure or revenue. Here is what puzzles me. How is a company like Fusion pharm symbol fmpm sell for 6 bucks and we are legit and only at .44 cents? How is planka plpl selling so high..it has nothing. But name connected to it.