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Marco has a number of patents credited to him, so this is right in line with his history. He continues to deliver and will position this company very well for the future.
$PHOT
I’ve been interviewed for news stories before as have some of my friends and the one thing that always happens is a misrepresentation of the facts. Growlife DID NOT open a retail store for the sale of cannabis. They have opened a retail outlet to meet the needs of a rapidly growing cultivation market. Other than that, this is a good write up.
I’ve asked Marco this and he’s says they are not looking to get into the cultivation side. I do wonder though if they will revive the “GIFT” program in some form. Guess we will have to see but for now I’m looking forward to the 10-K.
Here comes power hour!
Watch for an afternoon bounce.
I heard that next week we get some news that will send this to a blue sky breakout. Lol
Unless Pruit replaces him. That could be a disaster and I don’t think January 19 will be a significant day. Maybe Rohrabacher is renewed but there won’t be any language regarding recreational added by January 19. Either way, PHOT has a tremendous future.
GLTA
There’s been no change to any law. The Cole memo was just that, a memo. Rohrabacher has support from both sides of the aisle and will be incorporated in the new government funding bill as it always has. Watch the video I posted earlier and you’ll realize that today was just people panicking, which according to some guy that once traded stocks, is when you buy. I know I’ll be buying tomorrow, gotta bring my cost average down a little more.
GLTA
$PHOT
This “news” is nearly a month old.
Found this on another MJ board:
nom nom nom, love eating up some cheapies! Averaging down even more!
That was me. I have no knowledge of it happening, it’s kinda like picking the final score of the Superbowl, you throw out a number and hope you’re close. I hope it does come soon as it would send this for a wild ride.
Marco has stated he wants to do this as quickly as possible. They finally got a mm in beginning of November and it’s now met the pps requirement, I see it as happening soon to continue on this wave upward. Maybe it’s wishful thinking but everything Marco has stated he wants to do, he’s delivered so I’m not going to question him any longer.
$PHOT
Brand new? It’s been around a few years now. They even have a marijuana index. Also, it’s not been legalized nationwide, a handful of states so far. Canada doesn’t legalize until July so I’m not exactly sure what point you’re trying to make.
I agree and it’s why I’ve held. Waited this long with little hope and now that CA is in play as well as a number of other states slated to vote on rec/medical, this will run and I’m sure it will go past .08-.10 I also think that an “uplisting” is coming and that will boost this stock even further. Uplisting could come very, very soon imo. Marco certainly has done what literally no other CEO has done, bring this back from the greys and give it value.
Waiting for blast off!!!!!
GLTA
$PHOT
Got my 7’s and just waiting for the ride up.
Finished green!
Good to see you again. I’ve held mine as well and just about even. This will run hard this year and I won’t miss out this time!
Welcome back! Good to see people from the last run come back here. Hope we can all make $$$ again!
This is almost due for a run.
Just got some 7’s.
Looks like most MJ plays are resetting today. Which is good because I was able to get into a few others at a price point I was comfortable with. PHOT is still my favorite in the industry.
GLTA
If you’re watching this and gauging it by how much it adds/drops in a single trading day, we are on different pages. The overall trend is up and there’s reason for that. Yes, a lot of hype but also a lot of hard work by MH, who has done what many thought would never happen. He is making this a major player again and there are many catalysts to come this year which means if PHOT can execute its game plan, it will once again be called the “Amazon of pot stocks.”
This was once a high flier and on a CNN “money bracket” in 2014, PHOT was put up against Apple and while they lost, they did better than Intel did against Apple in the next round. What does this mean? Means they were ( and still are ) on the radar of major players. Money will come back here and this will be at the forefront of this industry.
GLTA
#PHOT
In the last week or so it’s also gone from .01 to .04/.05, so a pullback is healthy. It will bounce today from these levels and likely finish green again.
You gotta do your own DD but, I’ve been in for a while and my average is .06/share and my opinion is that I will finally see a significant profit from this stock. Good luck to you and whatever decision you make.
Has “next week” arrived yet?
2018 is just the beginning.
https://www.yahoo.com/news/marijuana-legalization-2018-states-may-130002058.html
Good to see you back here!
Looks like trading 75-100 million shares a day isn’t going to be a problem. People remember PHOT and want to get in where they couldn’t back in 2014.
GLTA
$PHOT
Just want the markets to be open already!
I’m not holding my breath either. However, I never thought this would come off the greys and it did. I don’t think MH is satisfied just getting it to the pinks, I think he wants much more. May come soon or it may take a while longer but I do think it’s coming.
Remember this?: https://marijuanaindex.com/marijuana-index-feeds-bears-bulls-growlife-vs-apple-certification-final-frontier-cannabis/
I think it can get back there again even though it seems to have a tougher road ahead, it also has larger catalysts that can get it there. Would love to see this stock mentioned in the same conversation as the big boys again.
GLTA
I believe in the first week or two of January, PHOT will have maintained the price requirement needed for the uplisting. I think it could come as soon as Jan 5, 2018. If it uplists, look out, this would go off the charts.
Does anyone know if PHOT is in the Canadian or the North American marijuana index? Does anyone have experience with either index?
Not only an emerging company but an emerging industry, not a lot of options for this industry until banking regulations are defined. As California goes live I think we will see a huge increase in revenues as all growing must be done indoors. That’s a huge reason why it’s moving “on hype.”
Time will tell and it may prove you right, but, if you’re wrong, do you really want to be on the sidelines?
I would love to see this come back and once again become the darling of the industry. People used to say this was the Amazon of the MJ industry and it still certainly has that chance. I remember when they had their stores scattered throughout the country, I went in to their one in Northern California and was impressed with the knowledge of the people working there. They certainly have the knowledge to make this thing huge, just a matter of execution.
#PHOT
Now reading 2,000 volume with .032X.036. I still think we see a pullback today, but then again, I thought .0195 was going to be a tough walk to get through.
GLTA
#PHOT
There will be a pull back but it will have nothing to do with RSI.
On March 17, 2014 this was at its peak at .777/share and on April 9, 2014 it came down to .50/share where I bought a ton after flipping it a few times for small profits. On April 10, 2014 it was suspended before it opened and I’ve been holding ever since, waiting for an appropriate time for a tax loss which hasn’t yet come. I averaged down to .06/share which is all the powder I had or wanted to put in this. Of course now I have more and may buy more after it has a slight pullback which my experience in this stock tells me will be tomorrow. I am now at the point where I may actually see profits here which is a day I thought would never come.
GLTA
#PHOT
Can we see .03 with 100 million traded today? Power hour-let’s go!!!