Blum Holdings Inc (BLMH)

[MonestHind]

•••••"The Reality of the TRTC Story"•••••

The reality of this story is that the vast majority of "investors" own shares at average costs well over .70.

Also, due to the fact that most investors bought TRTC at the advice of what we now know is an exposed pump & dump promoter, they similarly followed the pump & dump service's advice to hold through 50% losses.

When investors see greater than 50% lost, they become far less likely to sell...hence the volume death.

Unfortunately though, TRTC shareholders are now slave to not only one, but TWO toxic financiers, who will continue to contribute to the dilution of this stock.

THAT is the only factor contributing to price action at this point. And this is only the beginning.


With cannabis revenues more than a year away, dilution ramping-up along with massive expenses and TRTC's already enormous deficit, why "invest" at prices we know are way too high?

This, folks, is why TRTC is a trade and NOT an investment.




Nailing our sell alert at $1.30 was the best thing we could have done. Holding into these massive, continued losses is absurd.

Why not flip the volatility when there's volume instead of pretending this penny stock is a real investment? We have BANKED flipping this amidst the heavy yet predictable 6+ month downtrend.


And so we're all clear about the REALITY behind some popular fabrications:


••Regarding the "Anson lawsuit":

No such lawsuit exists, nor will it ever exist. There is zero evidence whatsoever at all to substantiate any speculation with regard to this lawsuit.

To insist that a settlement from any lawsuit will fund future operations is to admit that TRTC is in fact unable to fund future operations at all.

"Anson lawsuit" = 100% pure fabrication.




••Regarding the "Blum acquisition":

Again, 100% pure fabrication. Not only is there not the first bit of evidence substantiating the "Blum acquisition" claim, there isn't the first bit of evidence of ANY pending acquisition. Moreover, it would make ZERO business sense for TRTC to acquire Blum.



This is precisely why we stress the importance of consuming information wisely....and ALWAYS SELL THE HYPE.

It's never a good sign to discover that the only positive items of discussion regarding a stock are completely made up...but when such things do happen, it's high time to SELL THE HYPE.

I prefer the truth over hype every time.




It makes zero sense to insist "people who are short are nervous."

The stock is failing at support amidst a 7+ month downtrend. This, coupled with the tens of millions of shares for sale (thanks to our diluters) means there is no easier time to cover (not than anyone would).

Moreover, people can't even short TRTC using domestic brokerages and short interest was most recently under 10%.

It's simply not a factor.


Quote:
Dominion and Magna are factors. TRTC's monstrous, growing deficit is a factor. Cannabis revenues being years away is a factor. The company/management's horrible reputation is a factor. The stock's blatant pump & dump nature is a factor
.

Shorting....is not.


TRTC is carrying on with the typical OTC slow bleed to .01 that we've witnessed a hundred times before.

Trade it.

Save investing for real companies that generate real profits.


Cannabis revenues years away for TerraTech

This article indicates that TRTC will not cultivate and sell cannabis in 2015.

The article suggests that the logistics of a complete build out followed by the months it will take to cultivate/harvest/cure deems it impossible for TRTC to produce cannabis revenues in 2015.

That doesn't even take into account the imminent delays, or whether or not TRTC even ends up fully approved by local/state officials!


The only catalyst left that could overpower the dilution and create sustained positive price action is cannabis revenues on the books. Solid revenues on the books.

That's not happening anytime soon....


It appears that TRTC is likely headed significantly lower.

Link to article:
http://mmjbusinessdaily.com/guest-column-from-certification-to-sales-a-look-at-how-and-when-nevadas-mmj-industry






Sitting at the intraday exit for the bounce play. Trade safely.