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Crazy volume today. Bet we see another gapper tomorrow. Of the cannabis stocks, TRTC has the most to gain from the voting outcomes Tues, plus we get fins released Wed. Could be some serious fireworks.
TRTC
Yeah, most of them have been crashing hard the last couple days, as expected. However, we have been holding up very well compared to most if not all of the other ones. The reason is because TRTC has a much stronger investor base who can see where the pps is going in the longer term, rather than flipping a pumped up company with no actual products or path to real revenue like the majority of other "green rush" companies.
TRTC
Yeah it's outrageous, I can't believe it is still trading at these levels. What physical products does the company solely produce and currently obtain revenue from which you can buy? I'm trying to figure out why the pps is anywhere near the levels it is other than the annual Fall pump and hype. Thanks in advance...
Nice post. Those dollar days are in the horizon and patience will certainly pay off regardless of what happens next week with elections and q3. The company is clearly making huge progress and putting multiple high revenue streams in place. My guess is we'll see record revenues in the q3 report next week. It takes money to build what TRTC has, and they are clearly using it to build an empire, or "the Starbucks of marijuana", as the recent article stated. So, debt used to build that empire and revenue streams which will become quickly explosive are irrelevant at this stage.
TRTC
Looks like MJN* is one of the predictably crashing MMJ stocks today. Perhaps some of those investors would be interested in a real company like TRTC with real products and and rapidly expanding revenue streams. We'll see. Otherwise, yet another awesome day of down/side action here today as usual since they won't let the stock breathe.
TRTC
I just can't believe it went as high as it did based on hype rather than tangibles. I expected the cliff drop, just wasn't sure when it would happen so stayed away and glad I did. Congrats to those who were brave enough to ride it up as high as they did.
Unbelievable that this stock/company is not shooting up with approaching catalysts, yet garbage companies like MJN* have steadily been shooting upwards for the last few weeks and continue every day.
TRTC
That 1.40 was a flash trade fluke and you know it. It never sustained a pps anywhere near those levels.
TRTC
Absolutely correct. Some do not understand the simple business concept of investing money in itself (debt) which will result in tremendous revenue growth in the future. Revenue growth has consistently increased each quarter for TRTC, and I expect to see a significant increase this earnings report as well. Debt and "losses" from investing in itself is an irrelevent number at this stage as long as revenue continues to increase as it has. Fact.
TRTC
Perhaps you should review the year pps trend upward. Slow and steady wins the race my friend. Quick spikes always lead to a huge free-fall. Glad we haven't had to deal with that typical pennystock garbage here.
TRTC
It's true. He admitted it last week, so he should be ignored.
TRTC
Another new article from today mentioning TRTC.
http://www.prnewswire.com/news-releases/the-legal-cannabis-market-making-noise-599471381.html
TRTC
New article mentioning TRTC, should bring some eyes...
https://www.thestreet.com/story/13872432/2/stocks-ready-to-benefit-from-rising-marijuana-legalization-usage.html
TRTC
I've been watching L2 all day and the ask is consistently lower than the bid. What's going on here, are the MMs manipulating it that obviously?
TRTC
Wrong. If either of the states go recreational, that would simply be a bonus on top of the medicinal business we are already involved in with both states, not to mention expansion to NJ, FL, etc. This would also be in addition to our other business subsidiaries, which also would continue to operate independently of any recreational approvals or not. The recreational vote in no way would cause bankruptcy haha. Oh the doom and gloom lol.
TRTC
Oh yeah, we all know it lol. It'll be a great show, and just warming up.
TRTC
Look up "t-trade" and you'll see how it is irrelevant and should be ignored. Premarket buys this morning already went through at .5225 and ask starting at .51-.52. We're moving back up this week to the dismay of some...
TRTC
Lol, yeah not worth the time when there are obvious motives.
TRTC
Look up the term t-trade and you'll see the irrelevancy of these after hours "trades".
TRTC
Read my post closer, details matter. I am talking about the San Leandro dispensary, which TRTC confirmed twice in their Facebook page is wholly owned by TRTC. If you don't like facts, go argue with them.
TRTC
It was confirmed twice by TRTC on their Facebook page. San Leandro is wholly owned by TRTC. Look it up, I'm not here to do your DD, just here to correct misinformation like this.
TRTC
TRTC also owns the entire San Leandro dispensary in CA. We're moving up this week, sorry.
TRTC
Exactly right on all points. Great to have people with solid analytical and common sense here with us. Welcome. We move up next week, out of this headfake dip now that shorts have likely all covered.
TRTC
Good job. This stock has lots of head fakes, just need to stomach through. .485s getting chewed up on L2. With this momentum on a Fri, I expect a deep green next couple weeks leading into the approaching catalysts.
TRTC
A green move up on a Fri will be followed by a green rebound throughout the next couple weeks leading into the 2 major catalysts of Nov voting weeks and Q3 report, especially now that shorts have covered and released their grip. Congrats to all who took advantage and weren't shaken out.
TRTC
Correct, that's what I said earlier and we clearly bounced nicely off it and moving back up steadily as predicted.
TRTC
That's exactly what I was saying. People get so squeamish over a few pennies of movement in volatile penny stocks lol.
TRTC
Beautiful bounce off the .45 resistance level and hopefully will continue to correct itself upwards. If not today, simply a matter of time, especially over the next weeks leading into elections and quarterly report in early/mid Nov.
TRTC
They've been saying the same thing since the single digits despite the CEO stating in the last 2 financial earnings conference call no need for RS at this time, it wouldn't make sense, but possibly IF needed in the distant future for NASDAQ uplisting. However, NASDAQ is not allowing MJ stocks currently, so no uplist effort anytime soon.
Compare this MJ company to all the others out there. None have the assets, dispensaries, product lines, and business models that TRTC has. The states voting on Nov 8th including CA and NV would directly benefit TRTC with additional huge revenue streams if recreational goes through. A recent article called TRTC the "Starbucks of marijuana companies" for good reason given all of their dispensaries. I'm loving these higher and higher lows...
TRTC
Great post and spot on. It's unreal that this is sitting at this pps. However, once people catch on and can see the explosively quick revenue stream potential (besides what is already starting to come in), these prices will be long gone. Looks like the bottom is in and moving back up now on L2. Congrats to those who took advantage of those prices...
TRTC
You know it, and taking full advantage...
TRTC
The real deal MJ company, AKA the "Starbucks of MJ" as the recent article mentioned, is about to take the sector spotlight...
TRTC
What? We broke several key resistances today. We also remained above the .51 level, which is huge and confirms the next leg up as we move closer to the catalysts first week of Nov.
TRTC
It's about time, we need it! A PR of getting off the grays would be a nice catalyst to move it again, for starters.
FITX
And the bounce...
TRTC
Yeah buddy, major buy signal and just bought more with that move...
TRTC
.54 seems to be the ceiling resistance level we need to get through. I thought we would have blown past it this morning unfortunately. If we can get past and sustain above that level I'll be shopping for more.
TRTC
Gap up and next leg up today on the way to break the 52 week high and then blue skies. Premarket buys at .52. Double major catalysts in next couple weeks of recreational and MMJ voting in TRTC-operational states which would lead to immediate and massive revenues through our dispensaries, and earnings report coming too. Enjoy the ride everyone...
TRTC
You know it...
TRTC