Replies to post #86525 on GrowLife Inc (PHOT)

[The_Shadow]

You made a wise decision.

There are vast opportunities in today's penny market to make money. I really hope that those who are stuck in this play can recoup their loses, but to think that PHOT is going to go back to the price range it was at prior to the scandal is delusional.

Good luck all :)

[JohnnyCasino]

You don't have an issue with Creative Edge potential revenue stream? No matter who gets that license in Canada they are potential customers for Growlife.
As more states and countries come on board towards legalization
this just adds to the pool of potential customers for PHOT.
If it is legal to grow your own many people will do just that.
That was the beauty of this investment.
Hope these guys didn't cluster it up completely.
Really feel strongly that Marco needs to address shareholders,
and I have stated this to investors hotline.
I would urge other like-minded individuals to do the same.

[What IS]

As a matter of reference the stock was already 28c when the Fitx deal was announced. Not that no one had the info early, surely someone did. But to a great degree in all my years of trading there is often ironically low correlation between stock prices and fundamentals. There are too many variables including how people value things, on past or crystal ball future expectations, but most importantly the movement of stocks is ruled by perception and emotion. If the company survives there is plenty of potential deals in the future and once again plenty of rational or irrational exuberance to go around to drive the price. That's why although I have a degree in finance I pretty much trashed fundamentals long ago and predominantly trade technically.