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This has definitely been a disappointment.
Three2001 Member Level Tuesday, 10/23/18 05:04:02 PM
Re: None 0
Post # of 1925
Don't believe that BS for a second.
$NSPR
$10
What time frame?
What Time frame?
I've been in this for a couple of months now and it has been very disappointing to say the least. I may pull the plug soon unless you can convince me otherwise.
Do you think this is short covering from the huge funds?
What the heck does this stock keep going up? Doesn't make any sense.
Any chance this dropping back to $243 before 4-7-17
I am thinking of jumping in and buying a few shares. Am I too late to the dance giving the huge move the last 4 months
why the big rise the past few days? Is this just another pump or is there something substantial behind the move? Thanks
So do you think this will run up again and how far?
I haven't been here for a long while... can anyone bring me up to speed with MTVX. Anything good happening.
Thanks
Pete, I hope you are right....
Why do you say that Pete. I hope you are right, but since I am not a day trader i am down huge in this stock like 1000% down. It's hard to keep your hopes up.
This hasn't been my worst investment, but it's very close....
I am in this for the long haul now, but please someone wake me up in 5 years when this has turned around.
This is nothing but pure sadness
The only thing left to happens is some really bad news comes out and the stock gets suspended. I hope not, but the way this is going... nothing would surprise me now. So far 2 of my pick this year got suspended and had to sell at significant loses.
I have quite a few shares but it is for the long haul and I haven't kept up to speed everyday...Can someone tell me what happened today Please. Thank you.
As far as I am concern the ppl who promoted this stock all last week up till Friday should be brought up on fraud charges. The stock itself is fine... I'm talking about the ppl who send out emails tell you what the next BIG runner will be. I'm sure many of you got the same tip... wait till friday when we announce the next BIG runner. Why couldn't they tell you the stock before Friday... because earlier in the week they were quietly putting in their position so that when they announced it on Friday ppl like you and me would jump in at the opening and push it up 300 % and thats where they got out... while you were buying they were selling.
This was a total pump and dump. How many got emails this morning at 6:30 Eastern about this massive play. Only the ppl that bought last week made money. Very few today.
I have been throughout this more time than I care to admit. My advice is to take your lumps and sell and move on. I got out on Friday @ .26 for a $1000 loss. it's only going to get worse. Please understand, as much as you would like them too, the people in charge DO NOT care about you. They got there money and they still have a company, but the stock will be a POS from here on. I wish it weren't so. God Bless and God Luck to all.
I sold out at .26 which means I lost $1000 on this stock. now that I have sold can I still sign up for the class action suit ?
I'm all out at .26...got filled fairly fast....another notch lessons learned in penny land.
Can anyone tell me what is going with this stock. it has gone down everyday since I bought it. I bought it for the long haul, but Damn !!!
It will start trading at the opening bell, only on the grays...whole different beast
Longanisa... I believe it will have to be an exact match...ie 10000 shares @ .20 matched to a buyer at 10000 shares @ .20. No partial fills.... this is why selling on the grays can be slow. you are flying somewhat blind. If you are one of those with huge shares you might get luckily to find someone to take all of them, but they will be a lot more buying at smaller amounts than bigger ones. I've done it before and even small lots can take an hour. I would do it in chunks of 5000, 10000, and at the most 20000 shares to increase your odds of getting filled. GLTA
I have traded before on the grays. There is no bid or ask. If you are a seller you put a sell price with the amount of shares you want to sell. (I suggest selling in even numbers) and they will match you up with someone willing to buy that many shares at that exact price. Your feed will show you the last sale so you can get an idea where the market is. Unfortunately most people are going to panic Friday morning and they will keep lowering their price to find a match. The bottom feeders are in control. There will be buyers that will buy this stock, but they are going to want a cheap PPS. If the sellers don't panic and keep their bid price up, the buyers will be force to raise their ask up in order to match yours. It truly become a chess game now. If you can help yourself don't sell into the panic.
I am a history buff and you should look at what happened to a small company (Green Mountain Coffee)... 20 years ago it was $.20... now it trade close to $100. It's all about having a great product and great marketing plan. I am hoping that APT is just THAT.
The amount of shares is concerning, but who knows, maybe when this is all done.. new ticker symbol and i's dotted and t's crossed...that APT will retire some of the shares to eventually get us on a big board. I've seen it happen before.
Yep mine are in a Roth IRA so no taxes when I do retire on them... Yahoo
Here's my fantasy. I want to acquire 1 M shares and forget about it and look at it 10 years from now and have it worth $10 per share...Am I being completely stupid?
any guess where this stock could really be in 3-5 years based on projected earnings...not pump and dump....I'm so done with those
Photlover30.... you have to match up shares and price
With 15 - 20 million in revenue this year and expecting double that next year and with the amount of shares out there what would you guess the PPS be 1-1 2016 Thanks to all
I CAN NOT FREAKING BELIEVE THIS....
Now, for the downside...
Over the last four years, management has been very aggressive funding growth by way of issuing additional shares. I don't like that at all because it's dilutive as all heck.
But given the enormous long-term potential from legalized marijuana sales, I'm willing to invest anyway.
That being said, this may be the single most speculative recommendation I've ever issued. So in keeping with strict risk management, I recommend you allocate no more than 1% of your investable capital on this trade. That will give you plenty of upside potential, and more importantly, limit your downside risk to a very manageable 1% if everything goes up in smoke (sorry, I couldn't resist).
The stock has already had an enormous run up so far this year so I want to scale into the position while hoping for a pullback to lower our cost basis.
Here's what to:
Action to Take: Split your capital into three chunks and buy a one-third position in Growlife Inc. (OTC:PHOT) at market. Simultaneously, enter a limit order to buy the second one-third position at $0.40, and the final one-third position at $0.25.
In closing, I recognize that this trade may not be for everybody. So if you're uncomfortable with it for any reason, sit this one out.
You can always jump in on the next trade.
Best regards for great trading,
Sid
Now, to be clear:
Investing in anything marijuana-related is like taking a time machine back to the Wild West (or at least the late 1960s and free love). The space is filled with dubious stock promoters, a ton of internet chatter, and companies that haven't turned a profit... yet.
Growlife fits every one of those caveats - but it is one of the only companies that files regular earnings reports. This means, in turn, that Growlife, more than any other company in the industry allows us to look under the hood an examine operations.
The company recently reported 2013 revenue of $4.86 million, which represents 235% increase compared to audited revenue in 2012.
The stock is currently trading at just $0.51. If (more likely, when) the next state steps up and joins the legalized marijuana club, I think the stock could easily explode to over $5.00 in very short order on the perception that more states will follow.
If that happens, we will be capturing profits along the way to ensure we keep our gains and limit our risk related to any volatile price swings.
Growlife Inc. (OTC:PHOT) is a holding company which manufactures and markets equipment and expendables to "urban gardeners."
I have no doubt some of some of Growlife's customers are, in fact, building backyard vegetable gardens, but the majority of the customers are marijuana growers.
Basically, the company provides hydroponic growing operations and retail support software to legal cannabis growing and retail operations.
Growlife has five business units, led by:
Growlife Hydroponics, which operates the largest footprint of retail hydroponics stores in the United States, with operations in California, Colorado, Massachusetts, New Hampshire and Maine.
Online hydroponic and organic superstores by way of Greners.com and 58Hydro.com.
Phototron by Growlife has 25 years of experience offering "all-in-one" home solutions for growers.
Stealth Grow offers state of the art LED grow light technology. This is a big deal because marijuana growers have to grow their crops indoors under tight security so grow light technology is critical.
Targeting marijuana growing infrastructure instead of growing operations themselves appeals to me for many reasons:
We completely avoid any of the banking hassles that are still plaguing growers who, because of federal law, still cannot open bank accounts for their businesses (because they are pot based). Instead, we're going to target equipment sales, which have no legal question marks associated with them.
We actually benefit from the low barrier to entry because every new growing operation - whether large-scale, small-scale, good management or bad management - needs growing infrastructure in order to build out their crop.
Large-scale tobacco companies like Altria are already planning how to quickly implement growing operations (and smash the smaller growers) once nationwide policy changes eventually become law. Once that happens, the smaller players will be gobbled up or crushed.
I've spoken in the past about government contracts being a critical spark to get a stock moving. But legalized marijuana takes that up a notch - state governments are actually changing legislation allowing an entirely new industry to light up (pun absolutely intended).
Colorado estimates total marijuana sales in 2014 will come in at approximately $610 million, which would generate nearly $100 million in tax revenue to the state. That amount to $19.27 per person in Colorado.
The situation is very similar in other cash-strapped states like California, Illinios, and Michigan, where taxes generated from legalized marijuana could add $733 million, $248 million, and $180 million, respectively, based on Colorado's numbers.
I believe those numbers are wildly conservative and I am not alone in my thinking.
In fact, a 2010 study from the CATO Institute estimated that legalizing marijuana could generate $8.7 billion in federal and state taxes annually.
I think pot is going to dwarf even the most aggressive industry shifts over the last 100 years. It's truly just a matter of time.
We could invest in legalized marijuana by way of companies with growing operations, but that would be like investing in gold miners during the gold rush. Instead, I prefer investing in the picks and shovels - or the infrastructure needed to conduct a marijuana growing operation.