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Through adversity character and integrity are built... over the last year I've continuously been pleasantly surprised by Sterling and management team... this is not the first time I thought we were down and out, only to be pleasantly surprised by the forthrightness and bigger steps in the right directions by the company.
In my own life I have experienced challenges that when looked back upon later have turned out to be major opportunities for growth and have defined who I am.
This latest halt could turn out to be one of the greatest opportunities grow life has ever had. Seems to me that the team has buckled down these last couple of weeks sharpen their focus on the future. If history's to repeat itself with this team, I am hopeful that they will come through this stronger, more clearly defined, and more focused company.
Sterling et al, I am committed to riding out the storm with you!
Aloha
TheApostle has been a huge asset to this board since I started following PHOT on ihub last summer... he put his heart and soul into this board... I can understand his frustration over the last couple of weeks... Love ya Apostle!
I'm in PHOT in a big way.. Definitely not going anywhere until I see there release of Growlife 2.0 next week...I feel PHOT is going to evolve into a true powerhouse in the industry..JMO
Right here!!!!! 600k shares...holding all of them tightly ... Best press release I have ever Read!!!! Aloha
From my understanding Fibonacci technicals has has an A to B run...The A is the price at the beginning of the run and the B is where the top runs stops and stays below for a period Of three days or longer... it then retraces either 38%, 50%, or 61.8% ... So assuming A is .147 and B is .677 then the 61.8% retracement is approximately .34 ... if the stock can hold this level it sets up another run which they call the C to D leg... I have to get back to work at the moment… I will try to post later tonight the technicals on the run from C to D
Plus, today's action brought the stock to the 62% retracement level on the run from .147 to .677 on the Fibonacci
I had the opportunity to listen to an interview FOR about 45 minutes with Harry on Sunday... I liked what I heard... had orders in the last couple of days for the low to mid 30s... they weren't getting filled... I made for purchases today at .33, .345, .38, and .406...go NXTTF
When you get a chance let us know how many attendees there are... just curious
Youll get there...go burgess go burgess go burgess!!!!!
Finally my last family member owns PHOT ...bought for my 6 year old sons account .289.
I really wish I could have flown in to meet you and others and be there for the meeting live...Enjoy! Safe travels..
Are you still going to the meeting tomorrow? Keep me in the loop please… Did you attend the social tonight. I was hoping to hear from some people at the social tonight
With all the sentiment thinking the stock may drop tomorrow... how sweet would it be to see a big run up followed by a massive short squeeze...
I have been long since May and have been adding as I go... I bought another 20,000 shares at the close today .345...
From all the DD I have done, I feel comfortable with my position as a long play... last night on a chat with Alan Brochstein I feel I've a much better understanding of the benefits of the CANX Joint venture and a good understanding of who RXNB is.
I am confident that we are not being scammed!
Go PHOT
My yes Vote submitted...was holding out because I really wanted to fly in from hawaii but not looking possible...wish I could meet some of you at the social...
38% or 50% of the difference between B and A...
.38%... (B-A)x.38 ...then take this # and subtract from B to get the 38% retracement point..
Using the same math… .295 would be the 50% retracement... have an order in at .296 just in case but now I don't believe it'll be filled
My understanding from what I've learned from monkey is... it is .42 minus the a point of .175...approx .25 x .38=.095.....42-.095=.325...
.324
Thanks monkey... used what you taught me.. I have one account with my shares I've been holding since May and another account I'm doing trades with.. I pictured point forward to being the new high point.. placed an order after it started to pull back initially at .3 to 4 and got filled..go phot... my holding account has my big Long play that isn't being sold!!!
560,000 shares here at .042 average since may... I went kayaking with the whales today in Maui as the bloodletting was happening... I'm in it for the long-term... aloha!!!
The good news for PHOT is that the article says that only congress can change this. We know how quickly congress acts. This should allow PHOT plenty of time to become ingrained in the industry as a leader..
Left a little phot comment on the article...
Was there any explanation why you are limited to 1 post a day and Monkey? Where is strategydoc?
I am planning to only have to pay long term capital gains taxes down the road!
My guts have been telling me very strongly for the past six months or so that this is THE stock!
Monkey...there's your 22.5 million!!!!!!!
Glad to see you!!
Will you please give detail on this after the shows over... I'm at work and can't listen to it...thx
Are you confusing the money they raised through stock sale and financing with revenues?
From the 10 Q...
"For the nine months ended September 30 2013, our revenue was $2,939,026 as compared to $776,125 for the same period in fiscal year 2012."
"During the nine months ended September 30, 2013, the Company generated net proceeds of $1,747,929 through financing activities, with $1,130,000 from the issuance of short-term notes payable, $623,260 generated by the sale of 17,807,433 shares of its common stock at $0.035 per share, $156,000 generated through the issuance of a 10% convertible note, $26,177 from payable credit line, and $9,000 from the exercising of 470,237 shares of common stock via a stock option with an exercise price of $0.019 per share."
"During the same nine-month period in fiscal 2012, the Company generated net proceeds of $1,366,293 via $1,389,663 from the issuance of convertible notes, $413,680 from the issuance of convertible notes to a related party, and $5,000 from the issuance of common stock for cash. "
I've been following PHOT for quite a while now myself... I've never posted before... I have enjoyed following the posts, in particular officerk's and a few others... I haven't made my investment decisions based on the post I have read but I do appreciate the access it has given me to certain information.
I was originally drawn to the stock as an MJ play because of their management team, the fact they have real revenue and it's growing, and most importantly that they are fully sec reporting... my intent was to buy-and-hold for a couple of years... I bought in at .04 and like the risk reward ratio. If you'd asked me three weeks ago, I would be thrilled that the stock was trading at .08. The last trading day definitely threw me for a loop. The only thing I can think as far Sterling is concerned, is that he was basing his projections off of numbers they had given him when they acquired the other companies.
I am still a fan of PHOT and will continue to hold my position for the long-term. They still have real revenues, impressive growth, and are fully reporting!!!
There is no other MJ stock I would consider investing in at this time.
Go phot!!