Monday, February 29, 2016 5:09:30 PM
I've spent years reading these particular boards, and seen numerous prospective short players talk about how phot has nowhere to go but down. I get it, you're wording things toward your objective and that's understandable with $ to gain.
However, Not only did phot surprise shorts last time by climbing from .05 to .70+, they surprised now by being one of FEW stocks to make it back from the grey market (stock purgatory). It's basically a resurrection of what was formerly the strongest Mj stock on the OTC. Once they regain momentum, you'll see the return of a juggernaut.
My opinion is that this will remain a smart long play, but that it is impossible to say when to trade, short, flip if looking for the quick buck. It has a high likelihood to trade at this range even throughout March. The last historic run took over 6 months to go from a nickel to over .70. People like myself who bought a lot and held at this price reaped great rewards.
The Mj industry is also here to stay and actively expanding through steady state by state momentum.
Phot = equipment and equipment = legal in all 50 states. Growers need that equipment, therefore Phot gets paid.
Show me another stock with active entities currently selling grow equipment with a presence like phot, and I'll show you something worth investing in.
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