GrowLife Inc (PHOT)

[moneym8ker]

If all of this "increasing the A/S" is so good...why is PHOT down 33% off its recent highs?

Wall Street is a forward looking entity...The smart investor doesn't buy a stock based on what the company has done because that's all rear view mirror stuff. Smart investors buy (or sell) based on what the company will do... 1 month, 6 months, a year or beyond and this price movement tells me that the smart money sees the ride as being over.

This stock had risen from sub $0.10 all the way into the $0.40's which represents a +300% move but now it seems the smart money is taking those gains and they seem to know that it is/was time to sell.

I love the space and I love PHOT but I can't fight the tape here. The tape says sell/avoid...at least for now.