Growgeneration Corp (GRWG)

[jimbo8]

You're possibly right. at least 2 downgrades today, and with the price targets newly in the cellar. The vultures seem to be circling. However, GRWG continues to grow revenues at over 100%, which they are using to support acquisitions and growth before the assumed universal legalization of marijuana. This growth, much like the Amazon early model, shows no income or very little. After all, they are TOTALLY reinvesting in GROWTH, and expanding their footprint at every opportunity. This is expensive, and it doesn't match many of the analysts' valuation models.

I learned an old saying when I was young, that I have reminded myself of any number of times. "It is always darkest just before the dawn." I still believe in this company over the longer term. I have doubled my money at least a couple of times, and my current investments in GRWG are down about 60%. I know, however, things could change dramatically with the next quarterly report.