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Saturday, March 01, 2014 11:09:22 AM
away when the only deals that growlife signed
up were with fitx and rxxnb companies and the
latter wasn't for equipment
I seriously was expecting like some dispensary
to need faster goals for a gro-op and need equipment asap
not that I feel mislead I'm just speculating
far as the PR bringing us too the 50 day,
I meant more of the release of earnings
combined with a short interest article and
looking closely the 50 day has been creeping
up which means 2 things to me, 1 is that
phot stock will bounce and run create seperation
between the 5-20 and 50 dma, or 2 phot
finally loses momentum temporarily and
falls below for a couple days... I think the
latter will happen and then we go on
back to trading on speculation, maybe even
not till after
Q1 2014 earnings release creating still more
several bounces
but at some point I think between April and May(ish)
phot gets back on track trading up because by then
we'll know more about fitx getting the full go ahead
and maybe even a sniff as to when and what kinda revenues
and how large and how soon
I'm looking for phot to trade on multiples based off of
a much larger revenue, but when are we a year out from
those revenues is the question, because there's no doubt
in my mind this stock can traded 20-30x 100 m revenue to market
cap
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