Thursday, January 29, 2015 5:25:37 PM
It's not because TRTC is an outright bad company (although many argue that it is), it's because it is a company that has made it abundantly clear that there exists no foreseeable means by which long term investors can benefit from owning the stock.
With executives selling shares and the announcement of the likelihood for massive dilution, nothing makes this stock attractive to long term investors, especially at current levels where the stock is blatantly overvalued.
DON'T BUY THE HYPE
The simple fact is - TRTC is one of the best known "bagholder stocks" of the cannabis sector. Because there exist such a large number of investors with positions at gigantic losses, upside is limited, but the stock is promoted as if it were a gem (it's not). This being so - the rule is ALWAYS SELL THE HYPE.
A bit of genuine research illustrates the startling fact that most of the positive comments we read on message boards aren't even based in reality; they are comments made for the sole purpose of convincing investors to pull the trigger. This is a surefire sign that TRTC is a no-go for new money at these absurdly high prices.
Trade safe.
Trade smart.
CONSUME INFORMATION WISELY.
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