Value Investor Extraordinaire/Professor/Professional Poker Player
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TRTC COMPLETELY BROKE !! (SEE BALANCE SHEET 31DEC13)......
OPERATING CAPITAL IS ALMOST DEPLETED (BALANCE SHEET WAS JUST 25K).....A WOEFUL PREDICAMENT FOR AN ASPIRING COMPANY BECAUSE IT MEANS NOBODY WILL LOAN THEM MONEY DUE TO THEIR BEING A "HIGHLY SPECULATIVE RISK" TO BANKS.
DO YOUR HOMEWORK, FOLKS, AND MAKE SURE YOU USE THE CASINO MONEY HERE AND NOT THE KIDS COLLEGE FUND.
I HOPE I'VE BEEN HELPFUL....BACK TO CLASS.
INSIDERS DUMPING THE GARBAGE.....WHY WOULDN'T THEY?
THEY ARE SMART PEOPLE AND THEY SEE A NICKEL A SHARE AGAIN ON THE HORIZON.
ONLY A BLIND-OPTIMIST WOULDN'T, RIGHT?
TRTC IS OUT OF CASH (SEE 31DEC13 BALANCE SHEET) AND A MASSIVE DILUTION IS IMMINENT AFTER NUMEROUS BANK LOAN REJECTIONS RECENTLY.
SIGH.......
LOOK OUT BELOW! BACK TO $.06 BY JUNE....SIGH!
TRTC HAMMERED TODAY ON INSIDER SELLING.....OF COURSE THOSE GUYS (AND GIRLS)ARE SELLING BEFORE IT HITS A NICKEL AGAIN SOON...I SOLD AT $1.40, A LAUGHABLE LEVEL FOR SUCH A SPECULATIVE "ONE IN A MILLION" LONGSHOT.
USE YOUR INSTINCTS...."HONEY, DUMP THE GARGABE!"
BACK TO CLASS!
REVENUE OF $800,000 IN 2013...UGH!
ABYSMAL TO SAY THE LEAST....AND NO NEW REVENUE STREAMS SO WHAT ELSE IS ONE TO CONCLUDE???
"HONEY, DUMP THE GARBAGE....AND TAKE OUT THE TRASH, TOO!"
BACK TO CLASS...HOPE I'VE BEEN HELPFUL.
TRTC SHARES OUTSTANDING WILL DOUBLE IN TWO YEARS.........DILUTING OUR SHARE VALUE RIGHT IN HALF!
AFTER-ALL, THEY ONLY HAD 25K OF WORKING CAPITAL AS OF 31DEC13.....UG-LY....SO THEY NEED CASH IN THE WORST SORT OF WAY, AND DILUTION IS THE ONLY ANSWER.
MEANING, $.80 A SHARE EQUALS $.40 A SHARE........AND THIS IS DURING A PERIOD WHEN REVENUE WILL BE FLAT AND ANNUAL LOSSES OF $10,000,000 MORE...UGH!!
WE MAY AS WELL PLAY THE LOTTERY!
BACK TO CLASS!!
ALL MY STUDENTS AGREE TRTC IS DOOMED TO GO BANKRUPT BY 2016; THEY'LL CONTINUALLY SELL MORE SHARES THE NEXT TWO YEARS UNTIL IT'S APPARENT THEY'RE FIGHTING A LOSING BATTLE AND FOLD THEIR TENT FOR GOOD.
IT'S NICE TO BELIEVE IN MIRACLES,FOLKS, BUT NOT AT THE EXPENSE OF YOUR FUTURE.
LONGS ARE HOPELESS OPTIMISTS TO A FAULT.
HOPE I'VE BEEN HELPFUL....BACK TO CLASS!
Why would we retest the over-exuberant $1.40 levels?
I'll tell you why:
1) Out of operating cash, and banks have purportedly rejected all loan requests
2) Who expected a 6 million loss last year - nobody...some folks on this board even thought they'd turn a profit! LOL
3) Based on tax revenues from Colorado since legalization, revenues will be much less than anticipated even two months ago
4)Federal Govt has purported mandated that no one company will get disproportionate business - in other words, whatever revenues there are will be spread long and wide between dozens of companies
5)Have you ever seen an Edible Gardens product in your local market? I didn't think so.
"Honey, dumb the garbage...and take out the trash, too!"
Back to class. I know I've been helpful.
TRTC = BALANCE SHEET BLUES................WITH $25,000 IN CASH AS OF 31DEC13, AND A LOSS OF $6,000,000 IN 2013, TRTC WILL EITHER BE BANKRUPT IN 2014 OR BE FORCED TO SELL MEGA-SHARES TO KEEP IT ON LIFE SUPPORT FOR ANOTHER YEAR. LOAN? FORGET IT! BANKS KNOW TRTC HAS VERY LITTLE SHOT OF SURVIVING, SO LOAD ARE OUT.
AND, BY THE WAY, MY GIRLFRIEND'S PARENTS TACO STAND IN TIJUANA MAKES MORE MONEY THAN EDIBLE GARDENS - DON'T BE FOOLED TO THINK ANYBODY YEARNS TO BUY THOSE PRODUCTS.
BE CAREFUL, FOLKS..... I'M HERE TO HELP YOU KEEP YOUR PROVERBIAL SHIRTS.
HOPE I'VE BEEN HELPFUL....BACK TO CLASS!
TRTC LOST $3,5000,000 IN 2013 (MORE THAN THEIR ENTIRE HISTORY COMBINED)......AND THEY HAD $27,000 IN CASH ON 31DEC2013.....VERY BLEAK NUMBERS TO SAY THE LEAST.
WHAT GIVES NOW, DERRICK? ROB A BANK? DILUTE OUR SHAREHOLDER VALUE BY SELLING MORE SHARES ON OPEN MARKET? CONVINCE VENTURE CAPITALISTS TO BUY-IN? WHAT?
WHATEVER YOU DO, PLEASE DO IT FAST BEFORE WE SHAREHOLDERS LOSE OUR SHIRTS!
REMEMBER THE GOOD "OLD" DAYS WHEN TRTC HIT $1.42? SEEMS LIKE AN ETERNITY AGO NOW...
"HONEY, DUMP THE GARBAGE...AND TAKE OUT THE TRASH, TOO!"
BACK TO CLASS!!!
BREAKING NEWS: TRTC OUT OF CASH (25K LEFT)!!!!!!!.....BANKS WON'T PROVIDE LOANS, SO LOOK FOR TRTC TO DILUTE/SELL 10,000,000 SHARES TO MEET 2014 EXPENSES....LOOK OUT BELOW!!
IF REVENUES DON'T INCREASE DRAMATICALLY THIS YEAR, TRTC WILL LIKELY SEEK BANKRUPTCY PROTECTION IN 2015...SO SAD.
I HOPE I'VE BEEN HELPFUL....BACK TO CLASS!
BREAKING NEWS: TRTC DIRECTOR DUMPING SHARES!!!!!! NOT WHAT WE WANNA SEE...SIGH
Insider Selling: Terra Tech Corp Director Sells 100,000 Shares of Stock (TRTC)
Posted by Masoud Bidgoli on Mar 21st, 2014 // No Comments
Share on StockTwits
Terra Tech Corp logoTerra Tech Corp (NASDAQ:TRTC) Director Ken Vandevrede unloaded 100,000 shares of Terra Tech Corp stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $1.09, for a total transaction of $109,000.00. Following the completion of the transaction, the director now directly owns 287,500 shares of the company’s stock, valued at approximately $313,375. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
PICK UP SHARES AT $.25....LATE MARCH/EARLY APRIL
BUYING NOW IS LIKE BUYING THE "PET ROCK" BEFORE REALITY SET IN THAT IT WAS JUST A ROCK!
POOR EARNINGS, BLEAK CONTRACT PROSPECTS, INSIDER SELLING, EDIBLE GARDENS PROFITING LESS THAN YOUR NEIGHBORS LEMONADE STAND...THE LIST IS ENDLESS.
BACK TO CLASS! HOPE I'VE BEEN HELPFUL.
WOW, TRTC NEVADA CONTRACT PROSPECTS SLIM...........AND THOSE IN THE KNOW ARE DUMPING THIS STOCK LIKE THEY JUST HAD A BAD BURRITO! UGH!
I TOLD YOU ALL TO SELL AT $1.40 AND I WAS SPOT ON. YOU DON'T MAKE IT AS A HARVARD PROFESSOR WEARING ROSE-COLORED GLASSES; YOU GET THERE ON SHREWD INSTINCTS AND ANALYTICAL ABILITY.
"LOOK OUT BELOW!" WORTH SHOT AT $.25, SO BE PATIENT....IT'LL BE THERE BY APRIL 1.
"HONEY, DUMP THE GARBAGE....TAKE OUT THE TRASH, TOO"
HOPE I'VE BEEN HELPFUL...BACK TO CLASS!
INSIDER SALES, PROFIT OUTLOOK SINKING STOCK PRICE..............REALIZATION HAS SET IN THAT EDIBLE GARDENS SELLS ABOUT AS MUCH AS YOUR NEIGHBORS LEMONADE STAND, SO LOOK OUT BELOW IS ALL I CAN SAY.
AND WITH THE PROSPECTIVE NEVADA CONTRACTS SAID TO BE ALL BUT WRAPPED UP AND GIFTED TO "CASINO MOBSTERS", THE OUTLOOK FOR TRTC TO TRULY THRIVE DOWN THE ROAD IS LOOKING MORE LIKE BUYING A LOTTO TICKET AND CROSSING YOUR FINGERS.
HOPE I'VE BEEN HELPFUL AND HAVE SAVED YOU SOME MONEY.
BACK TO CLASS!
TRTC STRONG SELL RATING INITIATED............
OH NO, THIS IS BAD. I'M TAKING PROFITS TODAY AND ROLLING THE DICE WITH ONLY MY PROFITS. BUT I HAVE A BUY ORDER IN FOR $.75
HOPE I WAS HELPFUL.
BACK TO CLASS!
http://www.superstockscreener.com/company/TRTC
Current Rating
Strong Sell
Previous Rating:
Strong Sell
Company Statistics
Price
$1.05
Market Cap
64.3M
Sector
Technology
Div. Growth
-
P/E
-
P/B
-
P/S
28.77
Dividend %
-
P/CF
-
P/FCF
-
Op. Cash Flow
-2.5K
FCF
0.0
Op. Margin
-129.40%
Net Margin
-458.80%
ROE
-
ROI
5700.00%
ROA
-354.50%
EPS Growth
-
Current Ratio
0.5
Debt/Equity
-
NEW WEDNESDAY TRTC HEADLINE BUT PRICE DROPS??? THIS IS THE FIRST TIME IN THE HISTORY OF TRTC THAT A FRESH HEADLINE DIDN'T INITIATE UPWARD MOVEMENT IN THE STOCK, NOT A WELCOME SIGN.
IF YOU GOT IN ON THE CHEAP, YOU MIGHT WANT TO AT LEAST GET YOUR ORIGINAL INVESTMENT BACK. THERE IS NOTHING WORSE THAN HAVING A SPECULATIVE STOCK SOAR FOR A WEEK OR TWO AND NOT SELL SOME OF IT, ONLY WATCH IT COME CRASHING BACK TO EARTH.
HOPE I'VE BEEN HELPFUL...BACK TO CLASS!!!
http://finance.yahoo.com/news/inergetics-appoints-dr-michelle-sexton-140000826.html
COLORADO IS THE ONLY STATE THAT WILL EVER LEGALIZED MJ....EVER!
AND THAT'S BAD NEWS FOR TRTC SHAREHOLDERS. THE ONLY WAY THIS STOCK EVER TRULY APPRECIATES IN GRAND FASHION WOULD BE FOR ALL 50 STATES TO LEGALIZED MJ, AND FOR ALL SCHOOLS AND COMPANIES WITHIN THOSE STATES TO DO SAME.
OF COURSE THAT'S A PIPE-DREAM....AND THE END OF THE ROSE-COLORED-GLASSES-TRTC DREAM.
"HONEY, DUMP THE GARBAGE....AND TAKE OUT THE TRASH, TOO."
HOPE I'VE SAVED YOU ALL SOME MONEY.
BACK TO CLASS!
TRTC HASN'T ACQUIRED ALOT OF LONG-TERM DEBT FOR IT'S FINANCING FOR ONE ALARMING REASON - IT CHOOSES, AND WILL CONTINUE TO CHOOSE, TO SIMPLY SELL MORE SHARES ON THE OPEN MARKET AS A FUNDING VEHICLE, DILUTING OUR SHARE VALUE ALL THE WHILE.
WITH 100 MILLION SHARES ALREADY OUTSTANDING, DON'T BE SURPRISED TO SEE THIS NUMBER DOUBLED IN THE NEXT 12 MONTHS, DEPRECIATING OUR STOCK POTENTIAL EXPONENTIALLY.
STOCK DILUTION HAS A TERRIBLY NEGATIVE IMPACT ON THE FUTURE VALUE A STOCK, AND FOR THIS REASON ALONE, TRTC HAS DRASTICALLY "CUT OUR LEGS OUT", AND THE RAMIFICATIONS OF WHICH RELEGATE THIS STOCK TO A PERENNIAL PENNY STOCK....SIGH.
HOPE I WAS HELPFUL. BACK TO CLASS!
LET ME CLEAR THE AIR ON TRTC..........................................THERE ARE 300 MILLION PEOPLE IN AMERICA, AND AT BEST 1/3 % OF THOSE WILL EVER PURCHASE MEDICAL MARIJUANA, OR 1 MILLION PEOPLE.
AND BECAUSE STRINGENT GOVT ANTITRUST LAWS WILL REQUIRE TIGHT COMPETITION, MARIJUANA SUPPLIES WILL BE VAST AND PRICES WILL DROP DRAMATICALLY.
THUS THIS INDUSTRY (LET ALONE TRTC) WILL CATER TO A TINY PORTION OF AMERICA, UNLIKE COMPANIES WHO COMMAND HIGH STOCK PRICES WHO SELL TO A VAST PORTION OF AMERICAN SOCIETY, SO THE POTENTIAL OF ANY ONE COMPANY IN THIS MARKET IS ANYTHING BUT A SHAREHOLDERS DREAM.
LET'S QUIT DREAMING, FOLKS.
HOPE I WAS HELPFUL. BACK TO CLASS!
NO DOUBT A MASS SELL-OFF WILL OCCUR WHEN 1Q EARNINGS ARE RELEASED: NO QUESTION ABOUT IT. WHY? BECAUSE TRTC IS ALREADY VALUED AT $150,000,000 AT $1.22 A SHARE, WHICH JUSTIFIES SUBSTANTIAL PROFITS, OR AT LEAST REVENUE. BUT, SADLY, REVENUE WILL LIKELY BE UNDER A MILLION AND PROFITS JUST ABOVE BREAK-EVEN, NUMBERS MORE SUITABLE FOR A $150K LOCAL 7-11 THAN A 150MIL COMPANY.
SEEMS FOLKS ARE LOOKING THRU VERY BRIGHT ROSE-COLORED GLASSES, AND KNOW VERY LITTLE ABOUT BUSINESS.
WELL, BACK TO CLASS. HOPE I WAS HELPFUL.
BREAKING NEWS: LOOK FOR MORE INSIDERS TO DUMP BEFORE STOCK HEADS UNDER $1.00 AGAIN......AFTER-ALL, WHY NOT GET SOMETHING OUT OF THIS INVESTMENT IN CASE THE PROBABLE OCCURS - TRTC GOES BELLY-UP!
BACK TO CLASS...HARVARD STUDENTS WAITING FOR ME.
http://www.fool.com/quote/NASDAQOTH/terra-tech-corp/TRTC/insider-trading
Two Directors also sold - Michael Nahass and Steven Ross......GEEZ
TRTC Treasurer, Directors Dump Shares at $1.12 last week.....obviously not what we want to see the moment the stock gains some momentum.
While we crazed posters write "$2.00 next week", and "$10.00 next year"....the reality is, they would not have sold their shares if chances of further price appreciation were likely.
Despite this news, we must stay optimistic.
Too much dilution in TRTC's future............with 100,000,000 shares on the market already and mass dilution forthcoming just to keep the company afloat for the foreseeable future (Edible Gardens makes about as much money as your jobsite Roach Coach, don't bank on this stock to pay the kids college tuition down the road. But it's a nice little Pump-n-Dump stock.
Wait til u see the Edible Gardens "profit" - haven't u noticed that in all TRTC's Fluff Posts, they "conveniently" never tell you HOW much revenue (profit is very doubtful) it earns? With a Market Cap of 120 Mil already, this stock is going to get dumped faster than my hungover bowels when TRTC has to post actual numbers. It can't hide anymore now that it has everyone's attention. Trust me, your local Roach Coach makes more money than TRTC's Edible Gardens. Don't be caught holding the bag, folks......
US GOVERNMENT WILL MINIMIZE COMPANY GROWTH.....
AN IMPORTANT POINT THAT PEOPLE ARE MISSING IS THAT THE US GOVERNMENT WILL HAVE SUCH STRONG OVERSIGHT WITH THIS INDUSTRY, THAT NO ONE COMPANY WILL EVER BE ALLOWED TO GET TOO LARGE A CHUNK OF THE PIE.
AFTER THE RECENT RUN-UP, THE MARKET CAP IS A WHOPPING $116,000,000 - ALREADY PRICED TO GENERATE MILLIONS IN PROFITS DOWN THE ROAD - SO IT'S HARD TO IMAGINE THE SHARE PRICE EVER MOVING MUCH HIGHER, PARTICULARLY WHEN REALIZING THAT THE COMPANY WILL HAVE TO SELL MILLIONS OF MORE SHARES ON THE MARKET JUST TO STAY AFLOAT FOR THE FORESEEABLE FUTURE, THUS DILUTING SHARE VALUE WITH EVERY NEW ISSUE.
DON'T LET GREED TAKE OVER YOUR BEING....TAKE PROFITS NOW, SHORT IT, THEN THINK ABOUT GETTING BACK IN AT ABOUT A QUARTER.