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Re: PennyHoarder post# 11070

Saturday, 03/22/2014 10:47:27 PM

Saturday, March 22, 2014 10:47:27 PM

Post# of 51845
This stock did not take off on the runners alert. It started to but many sold into the run and others decided to wait. The stock needed this retracement. There was some dilutive effects with the recent news but most of those shares seem to be restricted.

Going forward I think this will pick up steam. From deep in the red on Friday to green and then only settle red by a penny equates to a very bullish move. Watch for a run either Monday or Tuesday, it's coming. Money runners say they are a hundred thousand strong. They alone could easily get the momo rolling. All we need is one group like that to start and many others will follow. Perhaps even some PHOT sellers will buy knowing that stock is way over the top cap wise and chart wise. PHOT really needs a big retracement and rest. I have made two buys here so far and will buy again no matter which way it moves. The $875,000 gift for shares with no death spiral financing puts this company on solid ground.

See ya's at a buck or higher.