GrowLife Inc (PHOT)

[bern0911]

This is not a dead cat bounce. A dead cat bounce is when a company declares bankruptcy. Then it tanks 90% and speculators buy in for the bounce which always comes, but you have to sell it quick.
This is overreaction to an SEC trading halt on SUSPICION that certain insiders and market makers may have engaged in illegal activity. Greedy lawyers have jumped on a class action lawsuit bandwagon that will not lead to any significant recovery for the investors who lost money. In fact, many will drop out of the class action when they realize the recovery will be $12.72 or some petty amount for each individual. The class action also has a minimum enrollment to meet, and that is doubtful to be met.
Growlife has OPERATING profitable brick & mortar locations doing real daily retail business.
This incident is a great gift for investors to buy a $1.00 stock for 15 cents. PHOT is on sale at a broker near you. Growlife will shake this off and come out shining.