Replies to post #160480 on Blum Holdings Inc (BLMH)

[SSCadaver]

Hey - December '13 friend:

I think a lot of folks on this board could learn from our wisdom. We've seen a lot happen here. And what's happening now looks a lot like what happened back then. It's always "something".

Yet DP and crew get theirs...

SSC

[Highze]

No, the crash from $1.42 was due to TRTC being part of a sector bubble where all of these stocks were run up to levels beyond sustainable. You can't value TRTC over a dollar now after all the progress since then let alone back then when they were still trying to set their plans in motion. Lots of people with little to no experience in the OTC got burned on all of the stocks in the sector. TRTC is one of the very few companies who have a chance at making it so if you're serious about going long then the best entry point was under a dime, IMO. If you're trading you will also make money right now, provided you know how to choose the right entry/exit. The weak hands should just stay away and stick to blue chips if they don't understand the OTC. And as always, if you're buying risky OTC stocks, only put in what you can afford to lose.

[BigD_McGee]

What did they have in 2013 and 2104 compared to what they have now? Timing is everything.

[hobowilly]

In retrospect, the crash from 1.42 back down to 0.08 is probably due to Nahass's liquidation of shares in addition to Magna and Dominion. And I can't believe throughout that time, TRTC couldn't get any of its business entity to make profit while wasting million and millions of investors' money.

I am admittedly a harsh critic of The DP & Co. when I believe they are wrong but in this case I could not disagree with you more.

I believe both Nahaas and James should be gone yesterday, but to blame him for the fall from $1.42 to $.08 is totally unsubstantiated.

If you were to take a look at the 18 month chart of the MJ Sector you will clearly see that the entire sector took a collective "haircut" when the enthusiasm for MJ and the visions of a new market bubble were dashed.

Your assertion that this was the work of one member of one BoD from one MJ company within the MJ sector is totally without merit.