Friday, January 10, 2014 4:54:36 PM
I personally think it was wise for PHOT to hold on to their news this week, they may have even seen the irregular spike and thought twice about it.
Lots of PR's can trigger selling as shares will build up in anticipation.
Since they were publicly attacked by SA as a 'pump and dump' I think it would have played right into the cards of MM's if they released a PR today.
In my head I have this set that a news release would be a sign of weakness. I am happier they are quiet and honestly would have considered selling if they had news out this week.
We all know the leadership is anything but weak - and getting better each month.
A long time ago, LAmerica and I had a back and forth information exchange on these boards and one of my main points is that PHOT is starting at the beginning and will have more experience dealing with the various hurdles of the industry. This way, they can stay several steps ahead of any emerging public competitors.
That is not to rule out that another company can't emerge as the industry Titan, but this week has been another hurdle for them to jump. So far, they have been Olympians in the hurdle track, but every athlete takes a spill or two.
I am in this stock because I know the industry, and have personally used their supplies with great success. I am holding it as a very long investment and I am not ruling out any other pot stocks in the meantime.
Have a great weekend all!
Recent PHOT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/23/2024 07:55:07 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 07:25:48 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/16/2024 08:10:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:37:01 PM
- Form D - Notice of Exempt Offering of Securities • Edgar (US Regulatory) • 02/02/2024 09:22:33 PM
FEATURED Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • ELMGF • Sep 10, 2024 11:00 AM