Replies to post #93307 on GrowLife Inc (PHOT)

[Oxygen12]

I understand your point, but you are making one of those easy and effortless assumptions. My point is that Stirling knows every single detail of this company (unlike us). If there was a high probability that PHOT will fail, I think we can agree he would not put money into it, as little as it may be.

On a more objective note, if he did this solely for the company not to shut down, is $72k all it takes to keep it afloat? Is this little amount of "relief" any indication of PHOT's health?

thoughts?

[hokus pokus]

Hope this not the scenario BUT: If Sterling wanted to squeeze as much money out as possible possible he could buy shares at the low and sell after the rise . The purchase of that many shares
drives the price up and possibly creates more interest in buyers . Then he sells at a ?? $.03 gain per share ($30,000 profit on 1 million share transaction)We already know that he knows the
dealers that can make the transaction happen ;unlike most who don't have someone working in their corner. The basics of day
trading . He also could unload some of his other shares and gain even more profit -which would be lost if company heads toward bankruptcy/liquidation The sales of his shares seems to be delayed in it's disclosure transparency -1 + weeks from last
purchase to it being exposed on this blog.

[dansbooks]

PHOT is trading 3-6M shares/day. No way Sterling can do anything to prop up the stock price with that volume level. It would cost him $15,000,000+ a month. He's buying because he believes the stock will go up--quite possibly when the next set of quarterly financials are released...