Growgeneration Corp (GRWG)

[jimbo8]

Are you using the 10 day EMA? That is the only indicator anywhere close to $27.5. What we need is a good 10%+ short squeeze for a good breakout! Anybody active on Reddit? I hear they hate stock shorts.

Fundamentals have greatly improved for a 190% growth stock. Our P/E is now reduced from almost 100 times to a relatively cheap 85 times.

We do have one major conundrum, when we grow fast we spend all our EBITA and come in lower than estimates. While when we slow down, we beat EBITA estimates because M & A expenses are less. For the foreseeable future I favor tripling size every year, even though slowing to 100% would probably lower the P/E to less than 50 times. We are in the middle of the weed rush, which like with the 1849 gold rush, and the Oklahoma land rush, the firstest gets the mostest. JMHO