Some perspective...
I'm only a recent follower/owner of PHOT stock, but I wanted to just drop by and share some perspective. PHOT, as well all know is a penny stock. And like any penny stock, the odds are long that it will ever break out and start trading with the big boys. That said, I bought this stock for a reason, and that reason was (a) the MJ industry is undergoing a transformation that could be worth many millions for many people, and (b) PHOT is - to me at least - currently best positioned to capitalize on this possibility, right out of the gate.
Now, a lot needs to happen before we get there. I mean, a LOT. And it may very well NEVER happen. It's a gamble, no doubt about it. But unless you're a day trader looking to get in and get out and get in and get out over and over (and I'm not saying there's anything wrong with that), there's really no point in stressing over it on a daily basis. I bought this stock looking for the diamond in the rough. The 100-bagger. 7 cents to 7 dollars. And it IS possible. (Not incredibly likely, but certainly possible.) But all this cheerleading when the stock goes up, and panicking when the stock goes down is not helping anyone, and when you're dealing with a stock that trades in pretty low $$$ each day, it can actually hurt quite a bit.
Of course there are undoubtedly plenty of people on here trying to short, and thus actively, intentionally spreading bad vibes. But to those of you that aren't, I have some advice. Either chalk the money up to a spin on the roulette wheel and forget about it for a while, or cash out. If you're looking for less risky stock options, there are plenty of them out there. But if not, just remember, PHOT was trading at 3 cents as recently as September. And chances are, it might hit that again before the jury is out in this company. Will I sell then? No. I'm placing a bet on the emerging MJ industry, and this is my horse. But I would also never invest money I truly NEED in a penny stock.
Anyway, just my perspective. Best of luck to PHOT and all its investors!
