Sunday, January 05, 2014 9:30:03 PM
forget P/E ratio because we don't have
positive earnings and nor do we care right
certainly traders haven't cared in amzn's
case for the last decade so we'll go
price to revenue
in July when it looked like the industry could
linger along growlife traded at only 5 times
forward 2013 earnings, I hold that too being
big money investors weren't convinced holder
was gonna let Colorado fly legal...
now that everything is kosher growlife trades
at or around 20x no longer future but current
2013 revenue, we all know twtr debued at 20x
earnings and the investor world called them a
cheap stock, gimmie 20x 2014 forward earnings
by march 1 and ill meet ya'll in Vegas during the
summer
we are witnessing history and since I'm not bout to
open a dispensary I figured why not just hold
the best publicly traded stock in the industry and
so far a serious amount of dd and persistence has
lead me to believe that stock is growlife inc
good luck to all
buy when it bleeds
smile when it's green
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