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Seventeen trades involving 130M shares?? You gotta know what’s happening...look out tomorrow!
Nobody plays this game better - nobody! GO800...er, I meanGOIke!
I hope so!
Actually now is a good time to buy this ping-pong ball...believe me, now is a good time to buy.
Who is the CEO that Shibley replacing?
Might be a bad time to sell - this should float around .0007 - .0011 for awhile before crawling back up. The Farm Bill passage changed this industry in terms of production, finance and distribution - its given it viability and attention. The dust is still settling from that move. Patience.
We’re all gambling here, especially with Ike Sutton involved.
Those getting the div will be getting a weakened div now that NOUV is tanking. If the report from KALY is positive look for all these plays to move up, especially NOUV which is now at a reduced price.
This will take off tomorrow, Ike knows the playing field. Look for new volume highs and new high of year.
I don’t care what the news is or whose page it is posted on or wheather it comes from Goldman Sachs or Goldman Smacks, if it’s news which paints a positive outlook for this company, real news or not, it will likely drive the price up...and that - are you ready for this - is what the hell I’m here for! Geez!
The whole damn market is a crap game; buy it on whatever your theories are, hold it maybe a couple of days, hope it goes up and sell it. Then do it again with something else the next day. Grandpa’s market is gone; you hold, you get frustrated and stressed and you get even or probably lose...over several years maybe you make 20%. It’s a digital world, patience is past. Gotta go...gotta make the first post at Santa Anita.
Many questions indeed! Recreational MJ Us-wide in 2019?...don’t think so. Trump won’t campaign for it, he’ll let others do so, and they will. MJ use in US will remain a state option for several more years, however more and more states will move that way recreationally as well as medicinally. This guy Rash seems to have a good take on the industry’s direction and potential and is apparently positioning this company (with the buy-up of several peripheral players) to take advantage of the spikes with each advance of MJ. There are many hundreds of these types with the same vision and energy and it’s clear the industry is not going away, its here to stay for sure. There will be manipulation, buy-outs, buy-backs, etc, but I think you can make money here flipping this or holding it. But it should be known that in this arena it’s basically a crap shoot and in any form of gambling, chance favors the trained mind. Do your DD.
Because people are selling and taking huge profits. I bought in July and August for .0002, some even at .0001, and sold the day before Christmas at .0016. I sold millions and still hold millions. I made a lot of money, and you have to know when you see those big trades going through that others are doing the same thing, many of whom held for far less time than I did. This one isn’t done, it will settle and go higher next week after the holiday. However, this isn’t a long marketplace, don’t get married here, take what you can when you can. Be patient, know when to pull the trigger. Good luck.
Yes I do see it continuing upwards for awhile. It may, and probably will, stagnate between .001 and .002 for the near future but will move up stair-step style after the new year, as many of these MJ stocks will. Some will break out and flourish, others will fall off and disappear. The key to handicapping here is the connections, some are run by savvy, seasoned players while others are charlatans and frauds. One certainty that is not going away is the surge in further MJ legalization, cultivation, processing, distribution, sales and use both medicinally and recreationally. Wait it out.
Because people are taking profits and it’s the end of the year and some recent entries at higher prices are selling for tax reasons. With stocks like this, those that make rapid jumps up, sell offs are inevitable. It will return in spite of the doomsday predictions on this board. A lot has happened in this industry in the last few months; Canadian legalization, the Farm Bill passage, big pharmaceuticals and other medical and non-medical interests looking more closely. This is not the time to be selling here, wait until after the new year when tax and financial situations, business and individual, are more settled. This will see a penny, if not more, soon. Bet on it, keep your shares or buy more.
Farm bill should be law by end of year; big changes to the industry, or at least the perception of it. Big investors are salivating. All of these should spike.
PHOT and all the rest of them are waiting only for the Farm Bill to move. It will signal an acknowledgement of MJ viability by the US government, movement to another level and John Boehner will have earned his fee.
Look for news soon spinning off this announcement. Koos is maneuvering here.
What hell goin on here?
As long as it goes up I don’t really care how it’s being used.
Exactly my point Cdub, “it did run to .06”. I made a little and others did as well, in fact the shares I hold here now are residue of that era. This marketplace is full of Ike Sutton’s...their only business is business. Let’s hope we can do some business here.
Well put GNR, GOIG never had any assets, never. All Ike ever had was ideas (anybody remember GO800?) but he always kept $ flowing. I think CUBEIT needed a vehicle to expand and grow, interested as to how this will work out.
Ike Sutton is a very seasoned player at this game in this arena...and all that is involved in doing so.
After yesterday’s election the agriculture bill currently pending in Congress will pass easily and MJ will be rescheduled as a medicinal substance rather than an addictive drug as it is now classified. Instead of being lumped with heroin and opioids it will then be considered like aspirin or any other pain reliever. When this happens, which should be soon, this stock will go through the roof. Big, big profits ahead. Buy it cheap now and hang on!
Anyone familiar with the history of this company? Was it was a designer/manufacturer/distributor of oil field products in Texas and Arkansas?
What hell going on here? What’s ‘Ole Ike up to now?
The involvement of ACI is interesting indeed. Their interest seems to be less the forward movement of the MJ industry as in brokering small startups in the industry. Their practice of acquisitions and subsequent spinoffs is pretty clear. I think it’s a savvy strategy because in today’s MJ business environment there will definitely be winners - some very big winners. Having several entities in the same flourishing business lined up together, all focusing on separate areas of the product - beverages, medical, cultivation, etc - may be the safer and more profitable way to go. It’s like betting two, or three, horses in the same race instead of just one to win. It also provides a little more firepower in the industry as a whole. I can’t afford to buy whole companies just small portions, however they at ACI are conglomerating whole small issues. Whatever, we shall see...good luck to you.
Where did the solicitation for the sales manager position come from?
It’s also the nature of the penny markets. If you’re looking for the Mecca of corporate scamming...you’re here.
Not all issues traded on the penny market are doomed but most are. One way to avoid the doom is to move to a more open market.
There are no “big whale investors” in PHOT which may be why it’s not moving in an industry that is growing.
Doing business anywhere, especially here. Means having debt.
A “solid business plan” by definition means attracting more money to the business. If you think 100K on the pinks is going to get you to the next level you’re hallucinating. This is - right now - a growing, even booming industry and PHOT with a good product is well positioned to flourish. Getting off the pinks is every pink company’s aspiration, but that takes dollars, pennies won’t cut it. Marco’s plan, simple really, is to attract investors that will allow him to compete and to grow, that means big whale investors. The company has been around a long time stagnating and waiting for this, now the industry is opening, an RS may be answer or it may not be. Youse makes youse choices, youse takes youse chances. Good luck.
New industry blossoming in Canada and soon likely in the US, you have a concern related to that industry (PHOT), you need revenue to keep up, move to the next level and be competitive with your product. How do you do that? Move to another trading arena with deeper pocket investors which requires a higher PPS which leads to a RS. Hope for the best.
Is PHOT better positioned today than 2 or 3 years ago? Yes, in terms of Canada and legalized jurisdictions in the US and acquisitions. MH certainly knows that to get a firm hold in this industry requires greater funding than what can be attracted in a penny market. He’s been here too long and well knows the potential in this industry at this time. The RS is inevitable, how he maneuvers afterwards is critical.
Anyone who has played in this arena for awhile knows that there is a lot of volatility, it goes up when it should go down, down when it should be up, MMS, day traders, profit takers, etc. Its as much handicapping the players as it is the stock itself, more even. Also if you been here you know you try to position yourself to be without liability...playing with house money and watching. Marco has (I believe) PHOT positioned better than most MJs in an industry that is on the cusp of a major breakout with forward moves on MJ in the US likely after the election. Canada is only the beginning. This is not one to be out of right now. Hold on, buy more, make some money.
Right now - anything below .018 is a bargain. Bet on it!
Canada is obviously a big part of it but given PHOT ‘s track record over the last five years, I would think savvy and patient connections are a factor here. This was down for the count in the Spring of 2014.
I’ve bought and sold a lot of these pennies over the years but this guy stands alone...it just keeps giving and giving and giving. From .02 to .75 in three months, SEC suspension, grey sheets and now another big run, this one just won’t die, ever.
What’s new? Issac’s still at it, the guy is amazing - text to GO800 to put your pizza order in!