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cazual

10/19/13 11:17 AM

#22926 RE: Alan Brochstein #22923

PHOT $$$$ As a new trader to PHOT, there are a few things I have noted.

One is that the technicals are looking like a set up for a breakout with many support levels--especially all MA's. Both the daily charts and the weekly charts show that PHOT wants to run.

Weekly charts:

http://stockcharts.com/h-sc/ui?s=PHOT&p=W&yr=0&mn=4&dy=0&id=p00426466052

http://stockcharts.com/h-sc/ui?s=PHOT&p=W&yr=1&mn=4&dy=0&id=p74876080269

Daily charts:

http://stockcharts.com/h-sc/ui?s=PHOT&p=D&yr=1&mn=0&dy=0&id=p62528800808

http://stockcharts.com/h-sc/ui?s=PHOT&p=D&yr=0&mn=6&dy=0&id=p31244272057

Another is that the latest 8k shows that the company has satisfied their debt in full:
http://ih.advfn.com/p.php?pid=nmona&article=59653966

This was done on October 11, 2013 and the 8mil shares issued is not only a small amount, but has been sold by now, imo. Although some posters are talking R/S I don't see any links to support that, so this must just be speculation?

Lastly, seems like there is news that the US tolerance for the marijuana industry is increasing:
http://globalpublicsquare.blogs.cnn.com

Also, One other thing--Barchart opinion, 96% strong buy:
http://www.barchart.com/quotes/stocks/PHOT


So, if can anyone give me a reason why I should exit my position in PHOT with a link to support their reason, I will gladly consider it.








dude iligence

10/19/13 2:33 PM

#22933 RE: Alan Brochstein #22923

Alan what is the current share structure on PHOT AS OS Float?

Name the MJ play(s) that don't have any dilution

Name the MJ plays that have the most dilution

Where does PHOT fit in as far as dilution?

LAmerica

10/19/13 4:50 PM

#22941 RE: Alan Brochstein #22923

Alan Brochstein...

I just addressed most of this in my post, kurt the sleepless. I will add though...

its about ir methodology & the professionalism a company wants to project. From experience, i've always found it ultimately detrimental for a company to get into the middle of hype or bashing done on public boards. Its a non win situation, wh/ only excerbates the issue.

i've found, as I think you'd agree, that the interview process w/ a professional as yourself, wh/ addresses some of the pressing issues that investors have is the cleanest & most clarient way to clean up the waters of communication when misinformation disputes arise. You have a track record of public discourse & honesty so the medium itself doesnt come into question the way a public board does.

Public boards have their purpose & can be effective in keeping up w/ developments if one can cipher between the wheat and chaff. But for a company to use them as a forum via other posters is bush league. Again, I hope Kurt doesnt waste his time w/ such folly.

lastly, in re to your comments involving grassroots, I appreciate your frankness and honesty. It is an association worth questioning when you look at all the other companies, some shells, wh/ have been pumped on there. The move away from them by Scott is indeed a good signal.

the potential w/ the indust is of large possible magnitude. phot's business model so far is intriquing. And the transparency by Scott has to be applauded.

But each step also has to be examined w/ a sober eye & questioned. Just the fact, that the indust hype alone could blow this stocks pps up 10fold doesnt mean that the company isnt beyond simply exploiting that & exiting w/ a nice payoff. I'll continue to be interested in your take b/c so far your approach in analyzing this company as taken that sober approach.

420marijuanastocks

10/19/13 8:47 PM

#22952 RE: Alan Brochstein #22923

Grassroots .23 price target is supposed to be achieved in 12-18 months.


"Due to beneficial market factors detailed in the update, Grassroots has at its sole discretion, chosen to increase its 12-18 month price target to .23 per share"

Found here http://investorshub.advfn.com/boards/post_reply.aspx?message_id=93174983

I believe that it is not so much that people really liked the grassroots report that caused the stock to surge recently. I think it is a combination of two things. Anticipation of Q3 results and increased investor awareness. Investor awareness in both that the pot movement is real and happening and that PHOT looks to be one of the best available plays right now.