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Re: DropLine post# 958

Wednesday, 03/18/2020 10:33:02 PM

Wednesday, March 18, 2020 10:33:02 PM

Post# of 2964
I sold my entire GRWG for a nice profit, been waiting for the right time to get back in. That right time has been more elusive given the insider sell-off over the past few months and lack of transparency by
the company on how much the company has paid for recent acquisitions.

Insiders and investors sell, to be expected. It's the amount of selling lately that has held back GRWG and made those target prices become even more elusive than they already were. Twenty-five Form 4s in eight weeks is NOT normal.

And I'll say again that if these additional revenue streams are so beneficial to the company, it's time Lampert consider more compensation by traditional means, and not dilution. The company can hide behind behind Emerging Growth for only so long.

On March 30th we still probably won't know exactly how much was paid for each acquisition, but we'll find out how much is owed in general.

Yes the market overall plays a role, but then again the "creative accounting and stock buybacks" didn't stop a purchase of GRWG at $4.28, even after acknowledging the market was crashing.
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