Nice prediction...(rolling eyes)!!!... I dig the play by play... A lot of $TRTC investors under water here holding the proverbial bag... The company is a complete scam that is run by a gang of thieves... Google the board members and how they used their stock as a personal ATM machine and who has their hands in the cookie jar... Contrary to exuberant and delusional opinions, the facts are the facts... It's only a matter of time until this shell meets a demise similar to $PHO%...
TRTC Stock Price June forecast = $2 - $6.50
The high water mark of the current uptrend is likely to happen in June.
I believe the high water mark will be somewhere between $2-$6.50.
The range is wide because there are so many factors which go into just how explosive the upcoming runup will be.
We are only in the 2nd inning of the runup now, and we are already up more than 50% off the low of .34 in just 1 week.
The biggest factor will be just how much media attention is generated by the news of TRTC becoming the 1st publicly traded company in the history of the United States to receive a license to grow marijuana.
That is a true sentinel event in the MJ sector.
True sentinel events of this magnitude in a hyped up sector like the marijuana sector are capable of causing enormous gains in very short periods of time.
There are 2 major variables that will affect the level of media attention: TRTC's efforts at garnering media attention News media's interest in this story (1st publicly traded company to be awarded a license to grow weed)
Using a rating scale of 1-10, I would give a 10 for TRTC's efforts to attain massive media attention for this story and I would give a 9.5 for the News media's interest in this story.
So why give TRTC a 10 for their anticipated efforts at garnering media attention? It is very simple -- the higher the stock price goes, the more money they can raise and the less dilution the raising of money will cause to the stock. The S-3 was filed to capitalize on the runup in stock price that will occur after TRTC is granted a license to grow weed, operate 1-2 dispensaries, and run a production facility. So TRTC management has every motivation in the world to hype the shit out of this news story to get the stock price as high as possible. This is amazing for TRTC shareholders but also amazing for TRTC as a company.
So here is how I envision the runup occurring, which will have multiple stages:
Stage 1: Mid-Late May (.35-.55) Stock price bottoms as holders of TRTC panic and shorts drive the price down. This already occurred when the stock bottomed around .35 This stage ended when the stock was able to close at .55 Friday.
Stage 2: 1st week in June Stock holders are very excited about upcoming public hearings in Clark County, Nevada concerning licenses to grow weed, operate dispensaries, production facility It becomes obvious by the committee's questioning and enthusiasm for TRTC's plans, especially in comparison with many of the other applicants, that TRTC will be awarded several licenses. This buzz travels fast from attendees to the public hearings to the public via social media, word of mouth, news media, etc. Tremendous anticipatory surge in stock price occurs.
Stage 3: 2nd week in June Official word of TRTC being granted a license (dispensary is likely to be announced first) causes tremendous upsurge in TRTC stock.
Stage 4: 2nd-3rd weeks in June News media goes wild with the story. TRTC's public relation department works 24/7 and contacts every cable TV channel, local TV channels, talk shows, newspapers, magazines, websites to inform them that TRTC is available for interviews to discuss becoming licensed to grow marijuana, operate a dispensary and run a production facility. Derek Peterson's charisma and charm translates to 15-30 million volume days as he makes the rounds on cable news channels, talk shows, magazine interviews, newspaper stories, youtube videos, etc. Remember, TRTC is highly motivated to hype the crap out of the stock to drive the price as high as possible before employing the S-3 to raise $50,000,000
Stage 5: 2nd-4th weeks in June The S-3 is employed as the stock price is skyrocketing and enthusiasm for TRTC stock is almost unimaginably monstrous. Global demand for TRTC stock is triggered and investment houses are left fighting with each other for a piece of TRTC's stock. Many institutions walk away frustrated as they were not able to participate in the offering and are now forced to buy shares in the open market.
Now with a stock price of several dollars per share and $50,000,000 in the bank, how amazingly is TRTC positioned for a truly epic multi-year run (acquisitions, guaranteed many more licenses in other counties of Nevada and other states due to much better political and financial connections -- money buys success)?
My plan is to sell 50% of my shares during Stage 5, hold the rest long-term. I might buy all of my shares back on the dip after Stage 5 is complete or I might diversify into the other 2 stocks in my portfolio.
So this is how I see the month of June playing out. The biggest variable is the level of media attention that TRTC gets. I am very confident it will be excellent, as both the news media and TRTC are extremely motivated and interested in maximizing media attention (Media benefits by increased ratings, page views, magazine/newspaper sales and TRTC benefits by raising $50,000,000 at the highest stock price to minimize dilution and maximize their chances of future success as a company).
AI
