Friday, May 27, 2016 8:27:02 PM
Many new investors swept in for Western Ave/4-20 giddy on the amazing increase in pps in such a short time. Many of those brand new TRTC enthusiastic investors are now holding shares that cost them between .49 and .59.
I don't think those new investors will be accumulating for Decatur - probably hoping for break even or small profit to get out without losses.
It's different for you and I. We bought long ago, and accumulated between .08 to .15 after being upside down a while first. Our average is so low we can bail anytime with money in the bank doing it.
Now actual DEA recommendation to reschedule (**IF** that happens) will very likely give us .59 pps or higher - for a while - on the news.
Then, like every other catalyst we have had for 2 years straight, it will fall back from those highs after implementation. All in my best realistic opinion based on 2 years of lessons watching and investing in this stock.
Long long haul - with many dispensaries open, with cultivation, with DEA reschedule, with uplist to NASDAQ, with REAL revenue, with actual profit, not losses every quarter, TRTC could become a very good stock to own long term. That is if the massive new AS and future RS don't destroy share value of hard earned accumulation of shares for longs first.
Again, just my opinion of current situation. I locked in most of my profits by drawing down my holdings. I will watch VERY carefully for best time to begin accumulating once again. That will only happen on a low pps opportunity, combined with some upcoming catalyst.
I look back often, before deciding on my next move:
http://ih.advfn.com/stock-market/USOTC/terra-tech-corp-TRTC/historical
Retired, non user of MJ but support legalization
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM