Grwg looks like it survived the margin calls . We are do for a rally . 66 percent down is insane. I have never seen a great stock like Grwg go down this far . Well maybe AOL and fb did . But once the selling ended fir them It was a Relentless years of buying . Next week ppi and CPI . I now don’t see inflation slowing until dec numbers come out in Jan 2022 . Christmas shopping is starting early . The numbers should get us down To 3 percent inflation in Jan . The fed will live with that for a while . I had 23.5 to 22.1 as a floor . 23.1 was it low ,let start to get excited again . Bc what in front of Grwg is insane . Today AGFY is up big . Hydroponic Company should help Grwg move . 3x sales and when Jan hits its 1.5 x next year sales . That’s way to low for 130 to 150 percent growth . I think we have a few things happening to our stock . 1 ) index selling and Grwg was number one on the way up it will be number one on the Way down bc of the percentages of the holding in the index’s 2) tax selling for daytraders to pay what they owe in taxes still. 3 ) we still will have tax selling in oct from Institutions this month gains against Loses So it will be choppy . 4) it’s a stay out home stock which is not true but who’s going to listen to me . Before Covid Grwg grew 66 percent same store sales and 175 percent in a year. We still need to work thru the Mechanics of it all before we start to take of again . It will happen bc the industry is just to strong .
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