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Alias Born | 03/15/2014 |
Tuesday, November 01, 2016 4:15:42 PM
PPS has been stagnant for the past 6 months while almost every other MJ stock has moved from 200%-1000%.
This is an absolute travesty, but I understand why it's played out this way.
Because the "common only" Reverse Split proposal (which, BTW, has been taken off the table) left a very sour taste in a lot of investors' mouths, simply because of the seemingly unscrupulous and greedy nature of the whole thing.
And I believe that this is responsible for TRTC's PPS not being at least triple what it is today. Sure there are a lot of shares outstanding, but relative to the PPS of other MJ stocks - most of which are simply wannabes who won't exist a few years from today - this is a non-factor.
In conclusion, I believe this recent PPS underperformance is simply a temporary phenomena because TRTC is a much better business than 95% of all the MJ stocks that have soared the past few months, and when revenues and growth start doing the talking next year, TRTC will be one of the few left shouting from the mountain-tops.
Footnote: ACCUMULATE ON THE CHEAP
All my words are opinion only, and you should always do your own due diligence.
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