GrowLife Inc (PHOT)

[Archery Class]

Did you just buy in? I wouldn't recommend pot stocks for anyone who is weak in the knees or looking to make a quick buck unless they are skilled in chart reading or can fairly accurately predict when to buy low and sell high for the day. These types are either long term holding or for taking a short position. I personally wouldn't recommend betting against (shorting) the mj sector moving forward.

I held this company long term years ago and walked out with over 5x my investment. It allowed me to get to the next stage in life. Had I sold it pre-suspension, I would have seen 15x the investment.

Same thing not only for this ticker, but there are many companies trading at a stable level and expecting an uptrend over the next several months, years even.

Seeing red had also been scary for me, but you will learn to be careful and consider how much of a loss you can handle. You can set stops to protect your money, etc etc. you also don't technically lose money until you sell.

To summarize, you can't buy a stock based on a recommendation from elsewhere and expect it to be an instant money maker. I wouldn't mind seeing it go lower to finalize some extra shares, but we'll see.