Friday, January 03, 2014 1:09:55 PM
Approximately two weeks ago we broke the 52 week high of 0.12. Last week people were saying it was going to drop to the 0.06’s and 0.08’s. Today we went up to 0.25 and now people are saying it is going to 0.15. Really??
Up 100% in two weeks there is going to be some profit taking. Some newbies who aren’t familiar with penny stocks got scared out of their position, rookie mistake. Of course it is Friday so we will always have some taking profits/losses.
Most of all it is the lunchtime beat down. Happens almost every day.
A pullback was healthy but the buyers will be back this afternoon. Too many people on this board sold earlier and missed the run because their funds hadn’t settled and missed a profitable opportunity.
PHOT is just beginning so don’t let the bashers scare you out of your position. This was selling in the 0.03’s in September and the bashers were telling everyone then that this was an over diluted pig and overbought/over valued. If you would have bought in September and held on you would have been up 800% on your initial investment this morning after 3-4 months.
PHOT now has it’s house in order as far as the President and new BOD. Expect news next week. This is just getting started. JMHO
GLTA
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